The Limited Liability Company (LLC) is a smart entity choice for many start-up businesses. The LLC provides personal liability protection and has the potential to save money on taxes. With a little research, you can learn how to form an LLC in Wyoming without an attorney.
Unlike a sole proprietorship or partnership where the small business owner can be personally liable for lawsuits against the business, the LLC is a separate legal structure, protecting for the business owner’s personal assets.
Besides the liability protection, the Limited Liability Company provides several other benefits over the sole proprietorship, partnership, and corporation because of the multiple tax options, ease of administration and management flexibility.
Forming an LLC in Wyoming can be both affordable and is simple enough for most people to start on their own. That said, it’s not a bad idea to have a legal professional like While the filing is pretty straightforward, it’s nice to have some support if you have questions, alerts when the annual report is due, forms like operating agreements, banking resolutions and more. There are companies like IncFile or Swyft Filings and others that do all of this for only $49.
To form a Limited Liability Company in Wyoming, file the Articles of Organization with the Wyoming Secretary of State. The LLC filing fee is $100. There is an additional $2 filing fee when filing online.
Approval for the LLC is immediate when filing online or 3-5 business days when filing by mail.
HOW TO FILE THE ARTICLES OF ORGANIZATION AND FORM A WYOMING LLC
The steps for filing online or by mail are largely the same. The screenshots show how to file online.
- Begin by visiting the Wyoming Secretary of State’s website.
- Click on “Start Now!”
- On the next page, find the drop-down menu under “Choose a Business Entity Type” and select select Limited Liability Company (Domestic).
- On this page, you will also have to acknowledge that the information entered in the Articles of Organization will become public information.
Step 1: LLC Name
Enter the name you want for the LLC. The name of the LLC has to differ from other entity names registered with the Secretary of State. You can check on available LLC names in Wyoming before going through the filing process to be sure the one you want is available.
The name of the LLC must also include a designator at the end of the business name. A designator describes what type of business entity it is. Available designators include:
- Limited Liability Company
- Limited Liability Co.
- Ltd. Liability Company
- Ltd. Liability Co.
- Limited Company
- Limited Co.
- Ltd. Company
- Ltd. Co.
A comma may be used after the business name and before the designator. “Cowboy Cleaners LLC” and “Cowboy Cleaners, LLC” are both acceptable.
Enter the name along with the designator you would like to use twice to confirm.
There are additional designations available for an LLC to choose from (not common).
Close Limited Liability Company – Often used for estate planning, this type of LLC provides additional restrictions on transfers, membership rights and dissolution of the LLC.
L3C – A hybrid of a for-profit LLC and non-profit, this type of LLC has a charitable mission and intends to have a low profit.
Series LLC – Most commonly used for real estate investment businesses, this type of LLC provides liability protection across multiple asset groups or businesses, each of which would be protected from liabilities from the other series.
Series and Close – A combination of the Series LLC and Close LLC.
Step 2: Detail
Period of Duration – Indicate how long the Limited Liability Company will remain in existence. Most LLCs will choose a “Perpetual” duration, which means there is not an expected end date. Some businesses (usually investment related) will have a specific closure date.
Delayed Effective Date – If you want the LLC to start as soon as the Secretary of State files the Articles of Organization, enter nothing. If you want the LLC to start later, enter a date less than 90 days in the future. The main reason for delaying the LLC start date is when the filing is being done close to the end of a calendar year and the business isn’t going to have any activity until the start of the year. By delaying until the following year they will reduce the number of end-of-year filings.
Step 3: Registered Agent
To have an LLC in Wyoming, a Registered Agent must be identified. The Registered Agent acts as a point of contact to receive legal documents, tax notices, summons, subpoenas, etc on behalf of the LLC.
The Registered Agent can either be a resident of Wyoming, or an entity registered with the Secretary (such as a Registered Agent service, attorney, etc.). If the Registered Agent is an entity, use the “Search for a Registered Agent” box. If it is an individual, use the “Enter Agent Information” box and enter their name, address, phone and email. If an individual is selected, be sure to have a signed and dated statement stating their consent of appointment for this entity.
The Registered Agent must have a physical address in the state (PO Boxes are not allowed)
Even though the business owner can be the registered agent, their name and address become public record and with that comes a loss of privacy. This is more important for some entrepreneurs, especially when they are doing business from home.
Step 4: Addresses
Principal Address – In this section, enter the street address, city, state and zip code of the initial principal office. This address can be the physical address of the LLC or it can be the address where the business records are stored. You may not use a PO Box for the designated office.
Mailing Address – Enter the mailing address. It can be the same as the Principal Address, but if correspondence from the Secretary of State should go to another address, enter that information in the Mailing Address Section.
Step 5: Organizers
An LLC Organizer is someone involved with the formation of the Articles of Organization. The Organizer may or may not become a member, such as a mentor, attorney or accountant, but any of the initial members can be listed as an organizer.
Enter the organizer(s) name and address and click the “Add” button after each organizer.
Step 6: Additional Articles
This is an optional section and not used by most LLCs. Here you would include additional rules for the operation of the LLC.
Review that all the information is correct. If there are no corrections, click “Continue”
Pay and File
Pay and file the Articles of Organization.
Assuming no errors, the LLC will be approved immediately when filed online.
That concludes the basics of forming an LLC in Wyoming. Remember, even though you can do it yourself, there is more to an LLC than just the filing. If you have questions, work with an attorney or a specialized entity formation company such as IncFile or Swyft Filings to make sure everything is done correctly.
While not required, an Operating Agreement is recommended in many cases. An Operating Agreement is a legal document outlining the roles and responsibilities for the members of the LLC. Read more about when an LLC needs an Operating Agreement.
After filing the LLC, be sure to register for an Employer Identification Number (EIN) with the Internal Revenue Service (IRS). The EIN is basically a social security number for a business and will be needed before opening a business bank account. There is no cost to apply and it takes about 5 minutes to get. See how to apply for an EIN.
Last, before starting a business in Wyoming, you may still need to apply for business licenses, sales tax permits, self-employment taxes and more in Wyoming. See the Guide to Starting a Business in Wyoming for more information.