A Wyoming LLC is a Limited Liability Company formed in Wyoming and governed by Wyoming statutes. The Wyoming LLC is a business entity that is a hybrid of corporations and partnerships. Wyoming LLCs use the tax structure of partnerships and the limited liability features of corporations. Combining these elements into one legal entity has helped make the LLC the most widely-used business structure in America.

Advantages of Wyoming Corporation

  1. Limited Liability and Asset Protection
    Limited liability protection is the cornerstone of every Wyoming LLC. Each LLC formed in Wyoming is protected by tough, business-friendly statutes. What’s unique to Wyoming is that these protections even extend to single-member LLCs in Wyoming, as outlined in the Wyoming Limited Liability Company Act (§ 17-29-503). If you’re concerned about maximizing asset protection in Wyoming, you may want to consider our Firm LLC.
  2. Privacy
    You are not required to list the personal details of the LLC’s owner(s). This helps to ensure business privacy and personal security, as well as reducing the amount the solicitor phone calls and junk mail. If privacy is of interest to you, you’ll also want to be aware that we list our address as your Wyoming business address on your formation documents, helping to ensure your personal information stays off the public record. We also include mail forwarding for all of our customers, up to 5 documents a year, totally free. The US Postal Service can’t sell your address if they only have ours!
  3. Ownership
    Owners of a Wyoming LLC are called members. Unlike a corporation, ownership of a Wyoming LLC is divided into percentages instead of stock shares. Ownership percentages should be indicated in the LLC’s operating agreement and members can be given membership certificates as documentation of their contributions to the company.
  4. Taxes
    The Wyoming Limited Liability Company (LLC) is taxed like a partnership. All profits are passed onto the members and treated as personal income. This type of tax structure is sometimes called pass-through taxation. 
  5. History
    In 1977, Wyoming became the first state to allow the formation of LLCs. Since that time, LLCs have become the preferred entity of choice by entrepreneurs and start-up companies, as they allow for all the protection of a corporation without any of the formality requirements like annual meetings and corporate resolutions.

How to Start an LLC in Wyoming

At Buffalo Registered Agents, we believe the Wyoming LLC offers business owners and asset protection specialists the widest set of options and advantages. For that reason we offer the least expensive LLC formation service in Wyoming! For only $149, we’ll form your LLC with the state and provide you with one year of our Wyoming registered agent service. We ARE the cheapest and fastest way to form your Wyoming LLC. In addition, we have also created the Firm LLC™. The Wyoming Firm LLC™ provides the the formation and governing documents to maximize our state’s asset protection statutes. The Firm LLC is recommended for those concerned with protecting wealth and existing assets. No matter which LLC you choose, our professional filers will complete your LLC filing in a day’s notice. We’ll also work hard to protect your privacy and we also throw in some limited mail forwarding for free. However, if you want to do it yourself, you can form your Wyoming LLC by following the steps below:

Steps to Forming a Wyoming Corporation

1. Obtain Articles of Organization Form Articles of Organization are the official document filed with the Wyoming Secretary of State to form a Wyoming LLC. Articles of Organization can now be filed online instantly on the SOS website. You can see the form at the link below (filings can be printed and mailed as well). Wyoming LLC Articles of Organization To complete the Wyoming Articles of Organization, follow the remaining steps to form a Wyoming LLC. 2. Name of the Limited Liability Company Name reservations are not required before filing your Articles of Organization. Your Wyoming LLC name must include one of the following name endings: Limited Liability Company, LLC, L.L.C., Limited Company, LC, Ltd. Liability Company, Ltd. Liability Co., or Limited Liability Co. Conduct a business name search for your Wyoming LLC on the secretary of state’s website to make sure it’s not already registered. 3. This entity elects to be a close limited liability company The Wyoming Close LLC is specifically designed for small, family-owned businesses and modifies the standard Wyoming LLC management structure. Most LLCs do not choose this option. To find out if this structure best suites your LLC, see our Wyoming Close LLC page. 4. Name and physical address of its registered agent To form an LLC in Wyoming, you are legally required to appoint a Wyoming registered agent. A registered agent is an individual or business located in Wyoming that agrees to accept service of process (notice of a lawsuit) and other official documents on a business’ behalf. Since the main purpose of a registered agent is to accept official documents and legal notices for a business, the registered agent must have a physical address in Wyoming. This physical address is known as the registered office. 5. Addresses of the limited liability company Mailing and principal addresses. Wyoming requires you to list a mailing address and principle address for your Wyoming LLC. This is only for public records. Many of our clients list our address for this to keep your information off of public records. You can have mail sent anywhere regardless of what address you list on the public documents. Most people want to hide their addresses and thus need a reliable Wyoming registered agent that will not charge extra for this and will provide a solid registered office address that isn’t a suite number in an executive office center. Use of our business address and free mail forwarding (up to 5 documents per year) comes standard when you hire us to form your LLC or simply act as your registered agent. 6. Signature This is where your Wyoming LLC organizer signs. The organizer is simply the person who was authorized to prepare and file these Articles of Organization. The signature must be signed in ink. If you file your LLC yourself, your name will get on public records. Because of this, many people hire us to form their Wyoming LLC. We file your LLC paperwork for you, which means our signature and name goes on the public records, not yours. 7. Consent to Appointment by Registered Agent Once your registered agent has either been hired or accepted the appointment, the individual or company must sign the consent form, as the Wyoming Secretary of State requires the agent to agree in writing to represent a given company. When filing online, we would provide you with the correct name you will need for filling out the online form, which now serves as our digital consent. For mailed filings, you must call and request a consent form, which we will send you. 8. File the Articles of Organization with the Wyoming Secretary of State The best way to file is online. Online filings are processed instantly. Right after you finish the filing, you can check the state records and see your company formed. If you want to mail the Articles of Organization, you will need to call us and we will mail you a Consent to Appointment form. Send the Articles and Consent, along with a check or money order for $100, to the Wyoming Secretary of State. Be sure to include your email address, as once the secretary of state has completed your filing (approximately 1 week filing time if you do it), they will email you confirmation. Otherwise, you will receive confirmation by mail that your Wyoming LLC has been created. OR: If you don’t want to do any of the above, you can hire us for $149 to do it for you. We’re the cheapest LLC formation service in Wyoming and we’ll get you’re filing done quicker. Plus, you get all the benefits of our Wyoming LLC Filing Service and one year of Wyoming registered agent service. Extra filing tips: • You must send one copy with your original filing • Make check or money order payable to: Wyoming Secretary of State • Be sure to provide an email address • Document must be legible and printed in black ink

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