The Best Wyoming LLC Services
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Methodology
Forbes examined dozens of LLC service providers to create this list of the best Wyoming LLC services. In our exhaustive research process, we looked at providers based on five key categories: pricing, service and support, general features, customer reviews and expert score. We then rated each provider in each category to rank LLC services on a five-star system, where five is the best rating possible:
- Pricing: We analyzed pricing for various plan levels, add-on perks, hidden fees and pricing transparency. Pricing accounts for 30% of the total score.
- General features: We looked for essential features, including easy LLC filing and articles of incorporation, plus complementary features, such as EIN, legal advice, registered agent services and business website. General features account for 35% of the final score.
- Service and support: We examined each provider’s track record for timely, high-quality service and support. Service and support account for 15% of the final score.
- Customer reviews: We combed through hundreds of customer reviews on third-party sites including Trustpilot, G2 and BBB. Customer reviews account for 10% of the final score.
- Expert score: Our in-house experts evaluated LLC providers on factors such as the variety of features offered, ease of use and vendor popularity. Expert score accounts for 10% of the final score.
State LLC Services Guides
What Is an LLC?
An LLC, short for limited liability company, is a legal business entity. LLCs differ from sole proprietorships in that an LLC offers business owners personal property protections while affording certain tax advantages through pass-through taxation. LLC owners are taxed at a personal level and do not incur corporate taxes that C-corps and S-corps incur.
How To Start an LLC in Wyoming
There’s never been a better time to start an LLC in Wyoming, and the process is easier than you might think. Before you get started, though, you’ll want to do a little bit of homework.
First, you need to decide what you’ll name your LLC. Your name needs to be unique, so it’s wise to visit the Wyoming Secretary of State website, where you’ll find a business name checker tool that will tell you if your desired business name is available. If you’re not filing your LLC immediately, you may want to reserve your business name by submitting an LLC Application for Reservation of Name with the state; the filing fee is $60.
Next, you’ll need to decide whether to act as your own registered agent for your LLC or hire a third party to act as a registered agent on your behalf. Most LLC providers offer registered agent services; some, such as Incfile and Active Filings, offer one free year of registered agent services for LLC clients.
Finally, you’ll need to submit the Wyoming LLC paperwork to form your LLC; this can be done online or via mail. Working with a top LLC services provider to form your LLC can make your life a lot easier, plus you’ll feel more confident knowing that your LLC submission is handled correctly. When filing your LLC in Wyoming, be sure to include your $100 state filing fee with your application; you’ll incur a $2 surcharge when filing your LLC online.
How To Choose the Best LLC Service in Wyoming
If you’ve never formed an LLC before, the process can be confusing. Working with an LLC service may help you save time, money and frustration. Top LLC solution providers offer extensive support and complementary services that you might also need. Below are our top tips for choosing the best Wyoming LLC service:
- Essential features: To form an LLC in Wyoming, you must file articles of organization, name a registered agent, use a unique business name and pay the state’s $100 filing fee. Make sure your LLC provider can help you with all these steps.
- Easy filing process: Choose an LLC service that simplifies the LLC filing process.
- Timely LLC processing: Working with an LLC provider that files your LLC paperwork quickly prevents you from experiencing a long lag between filing and LLC formation.
- Clear plan options: Some LLC providers are upfront about add-on fees, while others have hidden fees. Select an LLC service that offers transparent plan fees.
- Price vs. value: Choose a plan that delivers the features you need rather than purchasing a pricey plan that includes services you don’t need.
- Add-on services: If you require add-on features, such as registered agent services or annual report filing, check that they are available through your LLC service provider.
- Customer reviews: High volumes of highly satisfied customers are a strong indicator that an LLC provider delivers the quality service you want.
Alan Bradley, Alison Killian, Dierdre Mundorf and Mehdi Punjwani also contributed to this article.
Frequently Asked Questions (FAQs)
What is Wyoming's LLC annual fee?
Wyoming charges $100 to file an LLC in the state. If you file your Wyoming LLC application online, you’ll be charged an additional $2 convenience fee.
How can I tell if the business name I want for my LLC is available in Wyoming?
Wyoming offers a free tool that you can use to check whether the business name you want is available for your LLC. You can access the business name checker on the Wyoming Secretary of State’s official website.
Can I get expedited processing for my Wyoming LLC?
While many LLC service providers offer expedited filing for LLCs, the state of Wyoming does not offer expedited processing. Wyoming processes your LLC within 15 days of the receipt of your application.
Can I start an LLC in Wyoming if I don’t live there?
You don’t have to be a resident of Wyoming to form an LLC in the state, though you will need to designate a registered agent for your LLC that is a Wyoming resident with a physical address in the state. If you live outside the U.S., you can register as a foreign LLC in Wyoming.
How anonymous is a Wyoming LLC?
Wyoming does not share your private information when filing an LLC. However, the names of your registered agent and LLC organizer are a matter of public record. Privacy protection is a key reason many new business owners prefer to hire registered agent services through a third party.
Is a Wyoming LLC worth it?
Forming an LLC—as opposed to operating as a sole proprietorship—offers certain personal property protections and tax advantages for business owners. Wyoming does not tax income, and hence, LLC owners are not subject to state income tax on LLC earnings.