🏔️ WYOMING LLC FORMATION

Wyoming LLC: The Rising Star for Privacy & Asset Protection

Discover why Wyoming has become the top choice for entrepreneurs seeking strong asset protection, maximum privacy, and zero state income tax.

💰
$102
State Filing Fee
⏱️
3-5 Days
Standard Processing
📅
$62/yr
Annual Report Fee
🔒
0%
State Income Tax
✅ Why Wyoming?

Strongest Asset Protection: Wyoming has the strongest charging order protection in the U.S., making it nearly impossible for creditors to reach LLC assets. Maximum Privacy: Member and manager names are NOT public record. No State Income Tax: Wyoming has no corporate or personal income tax. Low Annual Costs: Just $62/year for annual report—no franchise tax or minimum fees. Business-Friendly: Simple formation, flexible operating agreements, and strong legal precedents.

⚠️ Important: Nexus & Tax Obligations

If your business operates physically in another state (office, employees, inventory), you may need to register as a foreign LLC and pay taxes there. Wyoming LLC is ideal for holding companies, online businesses, real estate investors, and professionals seeking asset protection—but won't eliminate tax obligations in states where you have substantial operations. Consult a tax advisor about your specific situation.

🤔 Common Questions

🏔️ Wyoming vs. Delaware: Which is Better?

For LLCs: Wyoming wins.

  • Asset Protection: Wyoming has stronger charging order protection than Delaware
  • Privacy: Wyoming does not publicly disclose members/managers; Delaware requires manager disclosure
  • Cost: Wyoming annual fees are $62; Delaware is $300/year franchise tax
  • No Income Tax: Wyoming has 0% state income tax; Delaware has corporate income tax

For Corporations: Delaware may be better due to Court of Chancery and extensive case law for corporate governance. But for LLCs, Wyoming is the superior choice for most businesses.

🎰 Wyoming vs. Nevada: What's the Difference?
  • Asset Protection: Wyoming has stronger statutory protections (single-member LLC charging order protection since 2010; Nevada added it later)
  • Cost: Nevada charges higher fees ($425 initial + $350/year minimum); Wyoming is $102 + $62/year
  • Privacy: Both offer strong privacy, but Wyoming's reputation is cleaner
  • Perception: Wyoming is seen as a serious business jurisdiction; Nevada sometimes associated with tax avoidance schemes

Bottom line: Wyoming offers better protection at lower cost with a more reputable image.

🛡️ What is Charging Order Protection?

Charging order protection is Wyoming's most powerful asset protection feature. If a creditor sues you personally and wins a judgment:

  • In most states, they can seize your LLC ownership and force liquidation
  • In Wyoming, they can only get a "charging order"—the right to receive distributions if the LLC makes any
  • The creditor cannot force distributions, vote, manage, or access LLC assets
  • You (as manager) can simply choose not to distribute anything, leaving the creditor with nothing
  • Even better: The creditor may owe phantom income tax on undistributed profits (often forcing settlement)

Wyoming's advantage: This protection applies to single-member LLCs (many states don't protect single-member LLCs). Makes Wyoming ideal for holding real estate, investments, or operating assets.

🏠 Can I Use Wyoming LLC for Real Estate?

Yes, and it's very common. Real estate investors often use Wyoming LLCs to:

  • Privacy: Property ownership is public record, but if the LLC owns it, only the LLC name appears (not your personal name)
  • Asset Protection: Each property in a separate Wyoming LLC isolates liability (one lawsuit can't reach other properties)
  • Estate Planning: Easier to transfer LLC interests to heirs than deeding individual properties

Important: If the property is located in another state (e.g., California rental), you must also register as a foreign LLC in that state. Wyoming LLC provides privacy and protection, but you still comply with local landlord-tenant laws and pay property taxes.

👤 How Much Privacy Do I Really Get?

High privacy, but not absolute anonymity.

What's NOT public in Wyoming:

  • Member names (owners)
  • Manager names
  • Operating agreement
  • Financial information

What IS public:

  • LLC name and formation date
  • Registered agent name and address
  • Organizer name (can be your attorney or registered agent service)

Privacy strategy: Use a professional registered agent service (like mine) as organizer. Your name never appears in public records. However, you must disclose beneficial ownership to banks (KYC laws) and to FinCEN under the Corporate Transparency Act (not public, but government knows).

💼 Do I Need a Wyoming Address or Registered Agent?

Yes, you need a Wyoming registered agent. Wyoming law requires every LLC to maintain:

  • Registered agent: A person or company with a physical Wyoming address (not a PO Box) who can accept legal documents
  • Availability: Agent must be available during normal business hours

Registered agent service: $125/year. I provide a Cheyenne, WY street address, forward all mail/legal docs to you, and handle annual report filing reminders. You don't need to visit Wyoming or maintain a physical presence.

📋 What Documents Do I Need to Maintain?

Wyoming LLCs should maintain:

  • Articles of Organization: Filed with Wyoming Secretary of State (I handle this)
  • Operating Agreement: Internal document governing LLC (not filed publicly). Highly recommended even for single-member LLCs
  • EIN (Federal Tax ID): Required if you have employees or multiple members; recommended for single-member LLCs
  • Annual Report: Due every year by first day of anniversary month; $62 fee
  • Meeting Minutes/Resolutions: Not required by law, but good practice for major decisions (shows LLC is separate from you personally)

Included with formation packages: Custom operating agreement, EIN application assistance, and annual report filing reminders.

⏱️ Formation Timeline: How Long Does It Take?
1

Submit Information

Complete the intake form with your LLC name, member information, and service selections. I'll verify name availability and prepare your documents. Same day if submitted before 3pm PT.

2

State Filing

I file your Articles of Organization with Wyoming Secretary of State. Standard processing: 3-5 business days. Expedited: 24 hours ($100 state fee).

3

Receive Documents

Once approved, I email you certified Articles of Organization, custom Operating Agreement, and formation certificate. Typically 4-7 business days total (or 1-2 days expedited).

4

EIN & Bank Account

I help you apply for EIN (if needed) and provide bank-ready documentation. You can open a business bank account immediately. EIN usually issued same day by IRS.

💰 Wyoming vs. Other States: Total Cost Comparison

State Formation Fee Annual Fee Income Tax 5-Year Total
Wyoming $102 $62 0% $412
Delaware $90 $300 8.7% $1,590
Nevada $425 $350 0% $2,175
California $70 $800 min 8.84% $4,070
New York $200 $9 (biennial) 6.5% $223

* Does not include registered agent fees or publication requirements (NY). Assumes no state income if not operating in that state.

📦 Wyoming LLC Formation Packages

Basic Formation
$350
+ $102 state fee
  • Name availability check
  • Articles of Organization preparation & filing
  • Basic Operating Agreement template
  • Certified formation documents
  • Email delivery of all documents
Get Started
Premium + Ongoing Support
$750
+ $102 state fee | $125/yr RA
  • Everything in Standard, plus:
  • Expedited 24-hour state filing
  • Attorney-drafted Operating Agreement with custom provisions
  • Multi-member/manager structures
  • Asset protection consultation (30 min)
  • Tax structure consultation
  • EIN filing service (I file for you)
  • Annual compliance calendar
  • Ongoing email/phone support (first year)
Get Started

🛠️ À La Carte Services

📍 Registered Agent Service - $125/year

Required for all Wyoming LLCs. Includes:

  • Physical Wyoming street address (Cheyenne)
  • Business hours availability for service of process
  • Mail forwarding and digital scanning
  • Annual report filing reminders
  • Secure online portal access

Renews annually. I send a reminder 60 days before expiration.

📄 Custom Operating Agreement - $400

Attorney-drafted operating agreement tailored to your business needs:

  • Multi-member or single-member structures
  • Profit/loss allocation provisions
  • Management structures (member-managed vs. manager-managed)
  • Buy-sell provisions and succession planning
  • Asset protection optimizations

Delivery: 3-5 business days after consultation. Includes one round of revisions.

📋 Annual Report Filing - $150

I handle your Wyoming annual report filing:

  • Preparation and filing with Secretary of State
  • Payment of $62 state fee (included)
  • Confirmation and certified copy delivery
  • Due date tracking and advance reminders

Due date: First day of anniversary month of formation. Late fees apply if missed.

🏢 Foreign LLC Qualification - $500

If you operate in another state, you must register as a "foreign LLC" there. I handle:

  • Application for Certificate of Authority
  • Registered agent appointment in that state
  • All required state filings and fees
  • Coordination with Wyoming LLC documentation

Common for: California, Texas, Florida, New York operations. Each state has different requirements and fees. Contact me for state-specific pricing.

💡 30-Minute Consultation - $240

Schedule a call to discuss:

  • Wyoming LLC vs. other entity types for your situation
  • Asset protection strategies
  • Tax implications and structure
  • Multi-state registration requirements
  • Operating agreement provisions

Format: Phone or Zoom. Book via Calendly or email owner@terms.law.

✅ 100% Satisfaction Guarantee

If Wyoming Secretary of State rejects your filing for any reason, we'll refund our service fee in full. State fees are non-refundable once filed. We also guarantee accurate, compliant document preparation—if there's an error on our part, we'll refile at no additional cost.

🚀 Start Your Wyoming LLC Formation

Complete the form below to begin your Wyoming LLC formation. We'll review your information and follow up within 1 business day with next steps and payment instructions.

📋 LLC Information
Must end with "LLC" or "Limited Liability Company". We'll check availability.
👤 Your Contact Information
📦 Select Your Package
💬 Additional Information
ℹ️ What Happens Next?

After submitting this form: (1) I'll verify LLC name availability within 1 business day. (2) You'll receive a detailed quote and payment link. (3) Once payment is received, I begin formation immediately. (4) You'll receive all formation documents via email upon state approval. Questions? Email owner@terms.law to discuss your specific needs.

📞 Get in Touch

Have questions about Wyoming LLC formation? Want to discuss your specific situation before committing? Reach out via email, phone, or schedule a consultation.

📧
Email
📅
Schedule Consultation
Response Time
Within 1 Business Day

❓ Frequently Asked Questions

Do I need to visit Wyoming to form an LLC?

No. You can form a Wyoming LLC entirely remotely. You don't need to visit Wyoming, have a physical office there, or even set foot in the state. You just need a registered agent with a Wyoming address (which we provide).

Can non-U.S. residents form a Wyoming LLC?

Yes. Wyoming allows foreign nationals to form and own LLCs. You don't need U.S. citizenship or residency. However, you will need:

  • A U.S. mailing address (can be your registered agent's address)
  • EIN from IRS (we can help with this)
  • Compliance with FATCA and tax treaty obligations (consult tax advisor)

Many international investors use Wyoming LLCs to hold U.S. real estate or investments.

What if I already have an LLC in another state?

You have options:

  • Keep both: Operate existing LLC in original state for active business; use Wyoming LLC for holding assets, IP, or investments
  • Domesticate: Some states allow you to "move" your LLC to Wyoming (called domestication or conversion). Not all states permit this.
  • Wind down old LLC: Dissolve existing LLC and transfer assets to new Wyoming LLC

I can advise on the best approach for your situation. Email me with details about your current LLC.

How do I pay Wyoming LLC taxes?

Wyoming has NO state income tax. You don't pay Wyoming taxes on LLC profits. However:

  • Federal taxes: LLC income flows through to your personal tax return (or you can elect S-corp or C-corp taxation)
  • Other state taxes: If you operate in another state, you may owe taxes there based on nexus rules
  • Sales tax: If you sell taxable goods/services in Wyoming, you collect 4% state sales tax (plus local taxes)

Recommendation: Consult a CPA familiar with multi-state taxation to optimize your tax structure.

Is Wyoming LLC good for cryptocurrency/digital assets?

Yes, Wyoming is crypto-friendly. Wyoming passed several blockchain and digital asset laws, including:

  • Clear legal status: Digital assets are recognized as property
  • DAO LLCs: Wyoming allows Decentralized Autonomous Organization LLCs
  • No state capital gains tax: 0% on crypto gains (federal still applies)
  • Asset protection: Crypto held in Wyoming LLC gets same charging order protection as other assets

Many crypto investors use Wyoming LLCs to hold Bitcoin, Ethereum, NFTs, and other digital assets with privacy and protection.

What's the Corporate Transparency Act (CTA) impact?

As of 2024, most LLCs must report beneficial ownership information to FinCEN (Financial Crimes Enforcement Network):

  • Who reports: LLCs formed after Jan 1, 2024 (existing LLCs have until 2025)
  • What's reported: Names, addresses, and ID of all beneficial owners (25%+ ownership)
  • Where it goes: Federal database (not public, but accessible to law enforcement and banks)
  • Wyoming impact: CTA is federal law—affects all U.S. LLCs regardless of state

Privacy note: Wyoming still doesn't publicly disclose owners (state records), but you must report to FinCEN. We can assist with CTA compliance filings.

🚀 Ready to Form Your Wyoming LLC?

Join thousands of entrepreneurs, investors, and business owners who've chosen Wyoming for superior asset protection, privacy, and low costs. Get started today with our streamlined formation process and expert support.

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