Wyoming's $60 annual report fee is based on assets located in Wyoming, not total LLC assets, so a holding company with out-of-state or foreign assets often pays the minimum $60 every year regardless of portfolio size.
State Filing Fee
Wyoming charges a flat $100 filing fee to submit Articles of Organization with the Secretary of State. That is the only mandatory state fee at formation. Processing typically takes 3 to 5 business days for standard filing, or you can pay an additional $50 to $100 for same-day or next-day expedited service directly through the state portal.
Registered Agent Fee
Wyoming law requires every LLC to maintain a registered agent with a physical address in the state. You can serve as your own if you have a Wyoming address, but most non-residents use a commercial registered agent. Budget $50 to $200 per year for a reliable commercial service. Budget services like Northwest Registered Agent or Registered Agents Inc. sit at the lower end of that range and include document forwarding. For a full picture of what this and other recurring fees add up to annually, see Wyoming LLC Maintenance Cost: Every Annual Fee You Will Actually Pay.
Formation Service Fees
If you use a formation service such as Incfile, ZenBusiness, or Northwest Registered Agent, expect to pay $0 to $300 on top of the state fee depending on the tier you select. The $0 tiers typically bundle a first-year registered agent fee and upsell add-ons at checkout. Attorney-assisted formation in Wyoming runs $300 to $1,500 depending on complexity, and that usually includes a custom operating agreement, which a self-file or basic formation service will not provide.
Operating Agreement
Wyoming does not require a written operating agreement by law, but any LLC holding real assets, banking relationships, or multiple members needs one. A boilerplate template costs nothing but provides minimal protection. A custom single-member operating agreement from an attorney runs $200 to $500. A multi-member agreement with defined profit splits, transfer restrictions, and buyout provisions runs $500 to $1,500. Skipping a proper operating agreement is the most common formation mistake that creates expensive problems later.
EIN and Banking Setup
Obtaining an EIN from the IRS is free and can be done online in minutes for US-based applicants. Non-US residents without an SSN or ITIN must apply by fax or mail using Form SS-4, which takes 4 to 6 weeks, or can pay a US-based service $50 to $150 to handle the process. Opening a business bank account adds no direct formation cost but some banks require a minimum deposit of $25 to $500. Mercury, Relay, and similar online business banks accept Wyoming LLCs with no minimum deposit.
Total Formation Cost Summary
A bare-minimum self-filed Wyoming LLC costs $100 for the state fee plus $50 to $200 for a registered agent, so $150 to $300 in year one. A mid-range setup using a formation service with a custom operating agreement runs $400 to $700. An attorney-handled formation with a custom operating agreement, EIN service, and registered agent sits between $800 and $2,000. Annual costs going forward are primarily the registered agent fee plus the Wyoming annual report fee, which starts at $60 and scales with assets in the state.
Things people ask first.
What is the minimum cost to form a Wyoming LLC?
The hard minimum is $100 for the state filing fee. Add $50 to $150 for a registered agent if you do not have a Wyoming address, bringing the realistic floor to $150 to $250 for year one.
Does Wyoming charge a franchise tax at formation?
No. Wyoming has no state income tax and no franchise tax. The only recurring state obligation is the annual report fee, which starts at $60 for most LLCs.
Can a non-US resident form a Wyoming LLC?
Yes. Wyoming imposes no citizenship or residency requirement. You will need a registered agent in Wyoming and must apply for an EIN by mail or fax rather than online, which adds a few weeks to the timeline.
Is an operating agreement required and does it cost extra?
Wyoming does not legally require a written operating agreement, but banks and some counterparties will request one. A custom agreement adds $200 to $1,500 depending on complexity and whether you use a template or an attorney.
How long does Wyoming LLC formation take?
Standard filing takes 3 to 5 business days. Expedited same-day or next-day processing is available for an additional $50 to $100 paid to the state.
Are formation service fees worth paying versus filing directly?
Filing directly with the Wyoming Secretary of State is straightforward and saves the service markup. Formation services add value mainly through bundled registered agent service and document storage, not through any special filing access you lack on your own.
Ready to go beyond formation and actually protect what your Wyoming LLC holds?
Formation is the easy part. The Offshore Playbook covers how to layer a Wyoming LLC with offshore structures, the right banking setup, and the holding company architecture that makes the entity worth having in the first place.
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