Wyoming offers one of the most straightforward and affordable LLC formation options in the nation, with a $100 filing fee for both online and mail submissions to the Wyoming Secretary of State. This transparent pricing has remained stable since the current fee schedule took effect on July 1, 2021, making Wyoming an attractive choice for entrepreneurs seeking predictable formation costs.
Wyoming does not offer expedited processing options. According to the SOS filing instructions, all filings are processed in the order received, and no expedited fee option is available. Mail filings take approximately 15 business days based on SOS guidance, while online filings move through a queue-based system that entrepreneurs can monitor at wyobiz.wyo.gov. The online option remains the clear choice for speed while maintaining the same low cost.
Wyoming keeps formation costs refreshingly simple with just two filing options and transparent processing times. The $100 fee covers your Articles of Organization if you are forming a new Wyoming LLC, while registering an out-of-state company requires a $150 fee. Note that online filings incur a small third-party payment processing fee for credit or debit card payments; check wyobiz.wyo.gov for the current amount.
That filing fee creates your LLC's legal existence in Wyoming. Your LLC remains in good standing with a Wyoming annual report fee of $60 minimum. Per W.S. 17-29-209, the fee is the greater of $60.00 or two-tenths of one mill on the dollar ($0.0002) of Wyoming-located assets. For most small businesses, the $60 minimum applies. As a practical reference point, LLCs with more than $300,000 in Wyoming-located assets will owe more than the minimum, since $60 divided by $0.0002 equals $300,000; this breakpoint is mathematically implied, not stated in the statute.
Series LLCs cost the same $100 for the parent LLC, plus an additional $10 for each child LLC within the series structure. Businesses expanding into Wyoming from another state can learn more about Wyoming foreign LLC registration and the associated $150 fee.
Wyoming consistently ranks near the top of the Tax Foundation's State Business Tax Climate Index for tax competitiveness, a reflection of the state's combination of no income tax, low formation costs, and minimal ongoing obligations. When you factor in the absence of state income taxes and franchise fees that burden businesses in other jurisdictions, Wyoming's appeal becomes clear.
Looking at neighboring states reveals Wyoming's competitive advantage:
State LLC filing fees vary widely across the country, ranging from roughly $35 to $500 or more at the extremes. Wyoming's $100 sits comfortably in the lower portion of that range. More importantly, Wyoming avoids the costly surprises that catch business owners off guard:
Wyoming's value proposition extends far beyond the filing fee. The state's combination of low costs, no income tax, strong privacy protections, and superior asset protection laws creates an environment where the $100 formation investment pays dividends for years to come.
Beyond Wyoming's $100 Articles of Organization, several optional charges may apply depending on your business needs. All fees below are verified from the official SOS fee schedule.
Wyoming keeps additional fees reasonable and does not offer expedited processing; all filings are processed in the order received, and the online queue-based system already provides faster turnaround than mail.
Discern automates your Wyoming LLC compliance alongside all your other state registrations. The platform pre-fills your annual reports, tracks every deadline automatically, and provides real-time visibility into compliance status across all your entities.
For firms managing multiple entities across jurisdictions, Discern's registered agent services consolidate registered agent coverage, annual report filings, and foreign registrations into a single platform, eliminating the administrative burden of coordinating with separate providers in each state.
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Below are answers to common questions entrepreneurs ask when forming an LLC in Wyoming.
How much does it cost to form an LLC in Wyoming?
The Wyoming LLC formation filing fee is $100 whether you file online or by mail. Online filings include a small third-party card processing fee; check wyobiz.wyo.gov for the current amount. No expedited filing option is available; the Wyoming Secretary of State processes all filings in order received.
What is the annual cost to maintain a Wyoming LLC?
The annual report and license tax has a minimum of $60 per year. The fee equals two-tenths of one mill ($0.0002) per dollar of Wyoming-located assets, or $60, whichever is greater. For example, an LLC with $500,000 in Wyoming-located assets would owe $100 annually.
How long does it take to process a Wyoming LLC filing?
The Wyoming Secretary of State does not publish a formal guaranteed processing timeline. Based on SOS guidance, mail filings take approximately 15 business days. Online filings are processed through a queue-based system; filers can check the current processing date at wyobiz.wyo.gov.
Does Wyoming charge a franchise tax on LLCs?
Wyoming does not impose a traditional income tax or franchise tax. However, the annual report license tax functions as a minimal asset-based fee. For most small LLCs, this amounts to just $60 per year.
How does Wyoming compare to other states for LLC costs?
Wyoming's $100 formation fee is competitive nationally. State LLC filing fees vary widely, from roughly $35 in states like Montana to $500 or more in Massachusetts. Wyoming's additional advantages, including no state income tax, strong privacy protections, and a $60 annual report minimum, make the total cost of doing business significantly lower than states like California or Massachusetts.