Wyoming Business Compliance Checklist

Wyoming is one of 4 monopolistic state fund workers' comp states and has no state income tax — a popular formation state for that combination. This page covers everything from filing fees to sales tax to hiring laws.

LLC Filing

$100

Annual Report

$60

Every year

Sales Tax

4%

state base rate

Franchise Tax

No

1. Entity Formation

LLC filing fee (Articles of Organization)$100
Corp filing fee (Articles of Incorporation)$100
Registered agent requiredYes — must have a physical address in the state
Publication requirementNo
Processing time~7 business days (expedited available for extra fee)

2. Annual Maintenance

Annual/periodic reportEvery year — fee $60
Franchise taxNone

3. Sales Tax

State base rate4%
Combined rate range (with local)4% – 6%
Economic nexus (out-of-state seller)$100,000 OR 200 transactions per year
Marketplace facilitator lawYes — marketplaces (Amazon, Etsy) collect on your behalf.

Need to check nexus across multiple states? Use our Sales Tax Nexus Checker.

4. Employer Requirements

Minimum wage$7.25/hr (2025)
Paid sick leave lawNone (federal only)
Non-compete enforceabilityEnforceable — reasonable scope and duration required
Contractor classification testCommon-law (IRS) test

Full employment law breakdown: Wyoming Hiring Laws.

5. Workers' Compensation

Wyoming is a monopolistic state — coverage must be purchased through the state fund, not the private market. Coverage is required starting with your first employee.

Estimate your premium with our Workers' Comp Calculator.

6. State Income Tax

Wyoming has no state individual income tax. This applies to pass-through business income (sole prop, LLC, S-Corp).

Compliance by Business Structure

Pick your structure to see structure-specific compliance items.

What Makes Wyoming Distinctive

Compliance quirks and rules that separate Wyoming from other states — worth understanding before you file.

  • Wyoming charges $100 for LLC formation and $60 for the annual report (or 0.02% of assets, whichever is higher).
  • Wyoming's Secretary of State (sos.wyo.gov) offers online filing.
  • Wyoming has no state income tax — a major draw for holding companies and pass-through entities.
  • Wyoming does not require public disclosure of LLC owners — a privacy advantage.

This is a reference, not legal advice.

State fees and rules change. Verify current values with the Wyoming Secretary of State, Department of Revenue, and Department of Labor before filing. For complex situations, consult a licensed CPA or attorney.