How to File a Wyoming Annual Report in 2024 - How to Start my LLC

How to File a Wyoming Annual Report

Written by:

Carolyn Young has over 25 years of experience in business in various roles, including bank management, marketing management, and business education.

Reviewed by: Sarah Ruddle

For over 15 years, Sarah Ruddle has been a noteworthy leader in the business and nonprofit world.

How to File a Wyoming Annual Report

How to File a Wyoming Annual Report

If you have a limited liability company (LLC) in Wyoming, you must file an annual report to keep your business in good standing. But don’t worry – it’s a relatively painless process that can be done online. 

Read on to learn how to file your LLC’s annual report in Wyoming. 

What Is an Annual Report?

An annual report verifies your business information and tells Wyoming that your LLC is still operating. In addition, keeping up with annual reports is a legal requirement that enables you to obtain a Certificate of Good Standing, which a bank or creditor might request to confirm your compliance. 

In Wyoming, the following information is required for the annual report: 

  • Business name
  • Primary business address
  • Name of business contact
  • Assets located in Wyoming
  • Authorized signers 

How to File an Annual Report in Wyoming

To file your annual report in Wyoming, visit the Business Center website and enter your filing I.D. number.

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Then simply fill in the required information and submit your report.

The filing fee is an annual report license tax, which is $60 or $0.00002 for every dollar of your assets, whichever is greater. You must file by mail if your tax is more than $500.

Reports are due on the first anniversary month of your LLC’s formation.

If You Do Business in Other States

If you do business in other states, be sure to register in those states as a foreign LLC. For example, if your LLC is registered in Wyoming and you start doing business in Florida, you’ll need to register in Florida as a foreign LLC.

You’re generally required to register as a foreign LLC if:

  • You have a physical presence of any kind in that state 
  • You have employees in that state
  • You regularly meet with clients, managers, or investors in that state
  • You are licensed to do business in that state

Once you’ve registered as a foreign LLC, your business will need to follow the annual reporting requirements of that state and pay taxes in that state. 

In Closing

Filing an annual report in Wyoming is relatively easy and crucial to smooth business operations.

Failing to file an annual report can result in serious penalties, as can filing an inaccurate report.

Be sure to review all your business information and file your report on time to ensure your LLC remains in good standing.