How to Start a Business in Wyoming (Step by Step Guide)

Starting Business in WyomingAre you thinking about starting your own business in Wyoming? If so, then you have come to the right place!

On this page, you can find step by step DIY instructions on how to incorporate your business in Wyoming. From selecting the business entity type to forms to be filled, we have covered it all.

Let’s get Started

The first step in setting up your business is to select the business structure.

Broadly there are 4 types of business entities that can be registered:

  1. Limited Liability Company (Most Popular)
  2. Corporation
  3. Sole Proprietorship
  4. Partnership

Each business structure differs on the basis of taxation, asset liability and estate planning. We have written a detailed tutorial on how to choose a business entity type for your business here.

Below we have given a broad outline of the steps involved in registering an LLC or Corporation in Wyoming.

Clicking on each step, opens up a detailed guide on how to complete it.

How to Start an LLC in Wyoming

Agency ResponsibleWyoming Secretary of State – Business Division
Form(s) to be filledOrganization Articles
ModeOnline
Name ReservationOptional, Fee $15 for LLC/Coporation & $10 for Non-Profit/Partnership (Mail)
Filing Fee$100
Time5 days
LawWY Stat § 17-29-201. (2015)


Summary:

  1. Search for Business Name
  2. File for Business name reservation (Optional)
  3. Select a Registered Agent
  4. Fill Organization Articles
  5. Prepare an Operating Agreement
  6. Get an EIN Number (IRS Form SS-4)
  7. Obtain relevant license and permits
  8. File taxes and annual permit

How to Start a Corporation in Wyoming

Agency ResponsibleWyoming Secretary of State – Business Division
Form(s) to be filledArticles of Incorporation
ModeMail or Online
Name ReservationOptional, Fee $15 for LLC/Coporation & $10 for Non-Profit/Partnership (Mail)
Filing Fee$100
Time5 days
LawWY Stat § 17-29-201. (2015)

Summary:

  1. Search for a Business Name
  2. File for Corporation Name Reservation (Optional)
  3. Select Registered Agent
  4. Fill Articles of Incorporation Domestic Business Corporation (Form 08-400) and send it to the office of the probate judge.
  5. Create Corporate Bylaws
  6. Get Federal EIN Number
  7. Obtain relevant license and permits
  8. File taxes and annual permit



References:
https://law.justia.com/codes/wyoming/2015/title-17/chapter-29/

Last fact-checked on 25/07/2018

Wyoming Business Entity & Corporation Search

In Wyoming, business entity records are maintained by the business division of the Secretary of State. The division maintains an online database of all the registered business entities in the state. These records can be accessed online on the SOS website for free. Information on active/inactive LLCs, corporations and partnerships can be found online. Conducting […]

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