Form an LLC in Wyoming
Wyoming is the most popular state for LLC formation among software founders. It offers the lowest ongoing costs, no state income tax, strong privacy protections, and simple compliance requirements. With QuickBiz, Wyoming formation is $250 total ($150 QuickBiz fee + $100 state fee).
Total cost
$250 ($150 + $100 state fee)
State filing fee
$100
Processing time
3-5 business days
Annual cost
$60/year (annual report)
Why form in Wyoming
- No state income tax — keep more of your revenue
- No franchise tax — unlike Delaware ($300/yr)
- Lowest annual costs — $60/year for the annual report
- Strong privacy — LLC member names are not publicly disclosed
- Strong asset protection laws — charging order is the sole remedy
- Simple compliance — just one annual report per year
- Business-friendly regulations with minimal bureaucracy
Things to consider
- If you plan to raise venture capital, Delaware may be preferred by investors
- If you need to do significant business in another state, you may need to register as a foreign LLC there
- Wyoming courts have less corporate case law than Delaware (rarely matters for LLCs)
Best for
Solo founders, bootstrapped SaaS businesses, freelance developers, indie hackers, and anyone who wants the simplest and cheapest LLC option. If you're not raising venture capital, Wyoming is usually the best choice.
How to form an LLC in Wyoming with QuickBiz
- 1Choose your LLC name (must include "LLC" or "Limited Liability Company")
- 2We file Articles of Organization with Wyoming Secretary of State ($100 state fee)
- 3We set up your registered agent via Northwest (included)
- 4We apply for your EIN with the IRS (free)
- 5We generate your operating agreement (designed for software businesses)
- 6You receive all documents in your QuickBiz dashboard
Frequently asked questions
How much does it cost to form an LLC in Wyoming?
The Wyoming state filing fee is $100. With QuickBiz, the total cost is $250 ($150 service fee + $100 state fee). This covers LLC formation, EIN, registered agent (included), operating agreement, and compliance tools.
Do I have to live in Wyoming to form an LLC there?
No. You can form a Wyoming LLC from any state or country. You'll need a registered agent in Wyoming (included with QuickBiz). If you operate your business in another state, you may need to register as a foreign LLC there.
What are Wyoming's annual LLC requirements?
Wyoming requires one annual report per year with a minimum fee of $60 (or $60 per $250,000 in assets). There is no state income tax, no franchise tax, and no additional state filings for most LLCs.
Why do software founders choose Wyoming over Delaware?
Wyoming has no franchise tax ($300/yr in Delaware), lower annual report fees ($60 vs $300), no state income tax, and strong privacy protections. Delaware is preferred mainly when raising venture capital because VCs are familiar with Delaware corporate law.
How long does it take to form a Wyoming LLC?
Wyoming processes LLC formations in 3-5 business days. With QuickBiz, you answer questions in about 5 minutes, and we handle the rest. Your LLC is typically fully set up within one week.
Ready to form your Wyoming LLC?
$250 ($150 + $100 state fee). Everything included. Takes about 5 minutes.
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