Educational Resource — June 2026 Verify current Wyoming LLC fees with the Wyoming Secretary of State (soswy.state.wy.us).

Wyoming LLC Annual Fee Overview

Wyoming is consistently ranked among the top states for LLC formation due to its low ongoing costs, strong liability protection, and privacy-friendly laws. The centerpiece of Wyoming's annual compliance is the annual report, which comes with a minimal fee.

For most small LLCs, Wyoming's annual compliance consists of:

  • Annual report filing fee: $62 minimum
  • No state income tax: $0
  • No franchise tax: $0
  • Total annual state cost for a typical small LLC: $62

Fee Amount: $62 Minimum

Wyoming's annual LLC report fee is calculated as: 0.0002 × total value of Wyoming assets, with a minimum of $62.

In practice, if your LLC doesn't own significant Wyoming-based property or assets, you pay $62. If you have substantial assets located in Wyoming, the fee scales up proportionally — but still remains modest compared to other states.

How Wyoming Compares

For context: California charges $800 minimum per year. Delaware charges $300 flat. Nevada charges $350+. Wyoming's $62 minimum is among the lowest of any state with actual annual filing requirements.

When Wyoming Annual Reports Are Due

Wyoming LLC annual reports have a unique due date structure:

  • Due date: The first day of the anniversary month of your LLC's formation
  • Example: LLC formed March 15, 2023 → annual report due March 1 every year
  • A 30-day grace period applies before late fees are assessed
  • Late fee: $2 or 10% of the fee (whichever is greater) for reports filed after the grace period

No Wyoming State Income Tax

Wyoming is one of only nine US states with no personal income tax. For LLC owners who operate through a Wyoming LLC:

  • LLC profits that pass through to you are not subject to Wyoming state income tax
  • No Wyoming state corporate income tax either
  • You still owe federal income tax and self-employment tax to the IRS
  • If you live in another state, you may owe that state's income tax on your LLC income (regardless of where the LLC is formed)

Why Wyoming Is Popular for LLC Formation

Beyond the low annual fee and no income tax, Wyoming offers several advantages that attract LLC owners:

  • Anonymous LLC formation: Wyoming doesn't require member names to appear in public records — only the registered agent must be listed
  • Strong charging order protection: Wyoming's charging order statutes are considered among the strongest in the US, making it harder for creditors to seize LLC assets
  • No franchise tax: Unlike Delaware or California, Wyoming has no franchise tax on top of the annual report fee
  • Low cost overall: Formation fees, annual fees, and ongoing compliance costs are all minimal

Official Sources

Frequently Asked Questions

Wyoming LLC Annual Fee FAQs

Wyoming's annual report fee for LLCs is $62 minimum, or 0.0002 multiplied by the total value of your LLC's assets located in Wyoming (whichever is greater). For most small LLCs with minimal Wyoming-based assets, the fee is $62 per year.
The Wyoming LLC annual report is due on the first day of the anniversary month of your LLC's formation. For example, if your LLC was formed in March, your annual report is due March 1 of each year.
No. Wyoming has no state personal income tax and no state corporate income tax. This makes Wyoming one of the most tax-friendly states for LLC owners in terms of ongoing state tax obligations.
Wyoming is popular for LLC formation because it has no state income tax, very low annual fees ($62 minimum), strong charging order protection (the strongest in the US), anonymous LLC formation (you can form without listing members in public records), and a pro-business legal environment.

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