Wyoming Foreign Registration › License tax
The yearly report and license tax for a foreign LLC in Wyoming
A foreign LLC with a Wyoming certificate pays a license tax with a floor of $60, the greater of that and two-tenths of one mill on the dollar of assets located and employed in Wyoming, and files its annual report on the first day of the month in which the entity registered or qualified, each year.
License tax facts
- Tax
- $60 or two-tenths of one mill on the dollar of assets located and employed in Wyoming, whichever is greater
- Floor applies up to
- $300,000 of Wyoming assets
- Due
- On the first day of the month in which the entity registered or qualified, each year
- Earliest filing
- 120 days before the due date
- Dissolution after
- 60 days late
- Reinstatement for tax
- $100
How the tax is figured
The tax is the greater of $60 and two-tenths of one mill on the dollar of assets located and employed in Wyoming. For $300,000 of Wyoming assets or less, the $60 floor is the bill. The state's second example: $1,210,000 of assets gives $242.
Who pays on the same schedule
Domestic and foreign profit corporations, LLCs, limited partnerships and registered LLPs all use this one license tax schedule. Nonprofits instead pay a flat $25 annual report fee.
The due date
The report falls due on the first day of the month in which the entity registered or qualified, each year. A company that qualifies on January 15 has a due date of January 1 each year. The report may go in up to 120 days early.
How to file
Active entities file online with a Visa or Mastercard credit or debit card, through the Annual Report Wizard. Fees above $500 cannot be paid through the online route, and card payments carry a convenience fee set by the processor.
Reminders
The Secretary of State sends courtesy emails 60, 30 and 10 days before the due date. Reminders reach whatever email address is on file, so keep it current, and tell the Secretary of State when the contact changes.
A missed report
The entity is delinquent on the second day of the month after its due date. If the report is still unfiled 60 days after the due date, the entity is administratively dissolved. For a foreign entity the statute lists a missed report as a ground for revoking the certificate.
Coming back
An entity dissolved for missing its reports within the past 2 years, with no other delinquency, can reinstate online. The LLC fee is $100 plus the delinquent tax.
Nonprofits
A nonprofit corporation does not use the asset formula. It pays a flat $25 annual report fee, and its reinstatement for tax is $25.
The registered agent matters too
An LLC that has no registered agent can be reinstated only for $350, and a corporation for $250. Keep the agent on record.
Tax and application together
The $150 application is paid once, with the packet. The license tax of $60 or more is paid every year after that, due on the first day of the month in which the entity registered or qualified, each year. The fee page adds the two across five years.
The cost over time
At the floor, five years of license tax cost $300. With the $150 application, an LLC pays Wyoming $450 over five years, before any home certificate.
Why a growing company watches the tax
The tax follows assets located and employed in Wyoming. A company that adds property or inventory here moves above the $300,000 line and pays more than the floor. At $1,210,000 the bill is $242, which is $182 above the floor.
After the certificate arrives
When the certificate arrives, note the license tax date with the company's records. The step-by-step page lists what comes after.
License tax questions
How much is the yearly charge?
$60 or two-tenths of one mill on the dollar of assets located and employed in Wyoming, whichever is greater.
When is it due?
On the first day of the month in which the entity registered or qualified, each year.
Who files it?
Every foreign LLC with a Wyoming certificate.
What does a company with $1,210,000 in assets pay?
$242, by the state's own example.
How late can the report be?
Dissolution follows if it is not filed within 60 days of the due date.
Can the report go in early?
Yes; the filing window opens 120 days ahead.
Can I file it online?
Yes, by card, unless the fee is over the online limit.
The price
Register in Wyoming
- The Wyoming application and the agent consent form, completed from a short questionnaire
- A cut-off date for ordering your home certificate, so it is still inside the window when the packet leaves
- A Wyoming registered agent with a street address, from us or of your choosing
- The certificate of authority Wyoming issues, forwarded to you
- Renewal: after the first year, the agent service renews at $149 a year
$199
+ $150 Wyoming fee
$150 is what Wyoming charges an LLC. Other entities pay other amounts, listed on the cost page. $199 plus the state fee, including your first year of registered agent service; after that the agent service renews at $149 a year.
Sources
- Wyoming Secretary of State, Business Division fee schedule
- Wyoming Secretary of State, foreign LLC application for certificate of authority and instructions
- W.S. 17-16-1503, application for certificate of authority
- Wyoming Secretary of State, should I apply for a certificate of authority
- Wyoming Secretary of State, foreign profit corporation application for certificate of authority
- Wyoming Secretary of State, business questions and answers
- W.S. 17-16-1530, grounds for revocation
- W.S. 17-16-1535, reinstatement following revocation
Working in Wyoming already?
Start the packet today. The state's penalty clock runs for every year the company works without authority.