Wyoming Filing Fees

What are the Business Filing Fees in Wyoming?

Starting a business in Wyoming means paying a variety of government filing fees. We’ve compiled the most common ones here so that you’ll know what to expect.

FILE YOUR BUSINESS

Forming your own Wyoming business is an exciting time. However, the amount of work it takes to give your business the best chance to succeed can feel overwhelming.  When you submit the right paperwork along with the right fee, once approved you’ve officially started your business. But regardless of whether your business will be a limited liability company (LLC) a corporation, or something else, there are many filing fees you have to pay to keep your business legally compliant. If you’re looking for help starting your business, use our LLC Formation Service or Corporation Formation Service.

Read on to learn about what types of filing fees you might encounter as a Wyoming business owner, as well as the services we offer that makes these tasks less stressful.

Step 1: Pay your Wyoming business’s initial filing fees

Statutory businesses in Wyoming need to file paperwork with the state to officially form. With most of this paperwork, business owners need to pay fees. If you’re starting a statutory business, you need to send your formation documents and your Wyoming formation fees to the Wyoming Secretary of State. 

Once you file your formation documents, it can take up to 15 business days for the state to process your information after they receive it. While Wyoming doesn’t have an expedited processing option, you can speed up how long it takes the state to receive your information by filing many of your documents online. 

We imagine you’re ready to hit the ground running once you prepare your business formation paperwork. We can help you get your business started as fast as the state allows with our Expedited Filing Service.

Step 2: Reserve your Wyoming business’s name

When you register your business with the state, your business has to have a name. Wyoming law allows you to reserve a business name for 120 days, giving you exclusive use of your desired name while you prepare your registration paperwork. The reservation isn’t renewable, so choose when you decide to use it carefully. 

We can take on the worry of protecting your desired business name with our Business Name Reservation Service. With our service, we check that the business name you want is available and we reserve it for you. 

Step 3: Reserve a “doing business as” name in Wyoming

A “doing business as” or DBA name is a name your business uses instead of its official name. The State of Wyoming calls this a fictitious name or a trade name. A business might need a fictitious name if the business was formed out of state and its official name isn’t available in Wyoming. A trade name can be a great solution for a business that wants to distinguish its different services, or for a business that has a full, personal name as its legal name and wants another option for advertising. You have to pay Wyoming filing fees to reserve and register trade names and fictitious names. If you need time to put business matters in order, you can reserve trade names and fictitious names for 120 days. 

If you have questions about how you can use a trade name to your advantage, visit our DBA Service page for insights and information. 

Step 4: Obtain an Employer Identification Number (EIN)

To pay federal taxes, many businesses need an Employer Identification Number (EIN) from the IRS. There are many reasons a business could need an EIN, and among the most common are:

  • The business has employees
  • The business operates as a corporation
  • The business operates as a partnership

You can research whether your business needs an EIN on the IRS website. Aside from helping you fulfill your federal tax obligations, an EIN can help you apply for certain business benefits and business bank accounts. 

EINs are free, but if you’re looking to unload some of your business startup tasks, we’re here to take on your burdens. Our Employer ID Number Service can get an EIN for you and help avoid the red tape the process involves. 

Step 5: Draft an operating agreement, corporate bylaws, or partnership agreement for your Wyoming business

The more you can tailor the rules of your business operations to your business’s unique needs, the better. A great way to get this done is by writing agreements that dictate how to manage and regulate your business. These rules are called bylaws for corporations, partnership agreements for partnerships, and operating agreements for LLCs. Corporations must have bylaws, but the other agreements are optional. Optional or not, these agreements and documents prevent your business from having to follow certain default state rules that might not be the best fit. 

If you’re an LLC owner who wants to write your own rules but you don’t know how, our Operating Agreement Template gives you a head start. Our template gives you a solid foundation on which you can build your unique business procedures!

Step 6: Apply for your Wyoming business’s necessary licenses and permits

After you start your business, you’re likely going to need some kind of license or permit to begin operations. Some local governments in Wyoming require all enterprises in their area to have a general business license before they can do any kind of business. Even if your business doesn’t need a general business license, most businesses need some kind of license or permit at the local, state, and federal level. Many times your licensing obligations depend on your location, the industry you’re in, and the characteristics of your business. With your business license and permit applications, you often have to pay initial filing and renewal fees as well. 

Figuring out what licenses your business needs isn’t an easy task. Our partners at Business Licenses, LLC., use your industry, business characteristics, and location to figure out your licensing, permit, and registration needs at all levels. We provide this information to you in our Business License Report.

Step 7: Pay registration fees for out-of-state businesses

If you’ve already formed and registered your business in another state, but you want to do business in Wyoming, there are certain documents you usually need to file. You’ll probably need to pay Wyoming business filing fees as well. Filings for your out-of-state business can include a Certificate of Authority or Certificate of Registration. With these certificates, you also need to file a Certificate of Existence or Good Standing from your business’s home state. Certificates of Existence and Certificates of Good Standing normally cost money, and you need to consult with your business’s home state about the cost. 

Step 8: Check Wyoming’s annual report requirements and fees

Some businesses have to send an Annual Report to the state and pay Wyoming filing fees to remain legally compliant. These businesses need to file their annual report at the same time each year. 

Failing to file your annual report on time can cost your business a lot. With our Annual Report Service, we help you file your Annual Report and avoid costly mistakes. 

Step 9: Keep your Wyoming business legally compliant

Changes to your business can mean positive growth, and they can also mean more paperwork. If your state-registered business makes certain changes, you need to let the state know. Notifying the state about your business changes typically requires you to pay a filing fee. 

We can help you fulfill these requirements easily with our Worry-Free Compliance and Amendment Filing Services. Our Worry-Free Compliance Service keeps track of your compliance obligations and handles two business amendments for you per year. Our Amendment Filing Service prepares and submits amendments to the state for your business.

We are ready to help you fulfill your Wyoming business’s filing needs

You have many obligations as a business owner, including filing documents with the government and paying the associated filing fees. We can help with these obligations with our Wyoming Business Formation, Worry-Free Compliance, and Amendment Filing Services.

Disclaimer: The content on this page is for information purposes only, and does not constitute legal, tax, or accounting advice. If you have specific questions about any of these topics, seek the counsel of a licensed professional.

FAQs

  • Are there penalties for paying my fees late in Wyoming?

    Yes.

  • What happens if I can’t pay my fees to the Wyoming government?

    There can be various consequences, including large penalties, extra fees, or dissolution of your business.

  • Who receives the fees for forming my Wyoming business?

    The Wyoming Secretary of State.

  • What is usually the biggest fee I will pay when I form my Wyoming business?

    The biggest fee you pay depends on the nature, location, and characteristics of your business, but the fee to file your business formation document is likely the largest.

  • What payment methods can I use to pay my LLC or corporation filing fees to the Wyoming government?

    You can pay by credit card, check, or money order.

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