Starting a Business in Wyoming
LLC filing: $100 | Corp filing: $100 | Business-friendly score: 8.5/10
Business Environment at a Glance
8.5/10
Business-Friendly Score
None
Income Tax
4%
State Sales Tax
$7.25
Minimum Wage
Business Filing Fees in Wyoming
| Item | Cost | Details |
|---|---|---|
| LLC Filing Fee | $100 | One-time, filed with Secretary of State |
| LLC Annual Fee | $60 | Due annually to maintain good standing |
| Corporation Filing Fee | $100 | One-time, Articles of Incorporation |
| Corporation Annual Fee | $60 | Annual report/franchise tax |
Tax Rates
| State Income Tax | None |
| Corporate Tax Rate | None |
| State Sales Tax | 4% |
| Max Local Sales Tax | 2% |
| Minimum Wage | $7.25/hr |
Advertisement
Wyoming Special Requirements
- Annual report required with Secretary of State ($60 or based on assets)
- No state income tax, no corporate tax, no franchise tax
- Wyoming Sales Tax License required for retail businesses
- Workers compensation through Wyoming state fund required