For business owners planning to form a Wyoming LLC, partnering with an entity filing service is the trending approach.
Let the LLC service handle the paperwork with the Wyoming Secretary of State.
We tested 19 LLC services and ranked them based on features, client privacy, package pricing, customer service and BBB reviews.
Continue reading to discover the top-tier LLC services for your Wyoming business.
Best LLC Services
Business Entity Tips for Wyoming
You have the option to serve as your own registered agent in Wyoming, or you can opt for professional registered agent services.
Consider utilizing one of the top LLC services in Wyoming to receive expert assistance and ensure compliance with all legal requirements throughout the formation process.
Engaging the best registered agent services in Wyoming can provide efficient handling of critical documents and legal notifications, and if you ever need to change your registered agent, we have an article on that.
Lastly, if the time comes to close and dissolve an LLC in Wyoming, understanding the proper steps and regulations is essential.
The Best LLC Service in Wyoming
We recommend Northwest Registered Agent.
Northwest is Best-In-Class: Some other LLC services maybe cheaper but those other LLC services may also sell your private data.
Northwest is a professional firm with top-quality customer support and a policy of ‘Privacy by Default’ for their clients.
1. Northwest Registered Agent (Best-In-Class)
My top pick for LLC formation service in Wyoming is Northwest Registered Agent.
Northwest provides business formations and registered agent services. Northwest has been providing LLC formation services for over 20 years.
They are known for exceptional customer service and are the industry leader in registered agent services.
Wyoming LLC formations with Northwest are discounted for our readers, just $39, and you also get a year of free registered agent service.
This keeps your start-up costs low. Northwest is our top choice, and it’s an LLC service that puts customer service above all else.
Northwest RA Pros and Cons
#2 Incfile (Best Budget LLC Service)
Incfile is another LLC service that has been in business for nearly 20 years. can be a great choice if you are concerned about start-up costs.
They offer free Wyoming LLC filing and registered agent services for the first year. A “free LLC” may be good for some, but Incfile needs to make money somehow.
This can be done by upselling needed features at a lofty price.
If privacy is important to you, Northwest emphasizes customer privacy more than any other LLC service I know.
Incfile may not have as many bonus features as its competitors. Still, they offer all the essentials for an additional fee: filing an EIN and registering a DBA, filing annual reports, and others.
Incfile Pros and Cons
#3 ZenBusiness (Best New LLC Service)
Thanks to competitive technology and a dedication to affordability, ZenBusiness has one of the most affordable LLC services available.
Formations start at $0 plus the state fee. ZenBusiness provides Wyoming registered agent services at an additional cost of $199/yr.
You can choose the Pro package ($199 annually) for a flat annual fee to get business formation, and an operating agreement template.
ZenBusiness Pros and Cons
#4 LegalZoom (Best for Ongoing Legal Services)
LegalZoom is a great way to get involved with a well-known brand.
LegalZoom was founded in 2001 and has grown to offer hundreds of services. LegalZoom is more expensive than the other Wyoming LLC services listed in this guide.
LegalZoom is not the only option if you need a complete legal service. Rocket Lawyer is another option for LLC services and online legal services.
LegalZoom gets pricey after the add-ons.
LegalZoom Pros and Cons
I have a personal story to tell
In 2008 I started a business and hired an attorney to do the LLC formation paperwork. I thought it would be complicated.
I paid $600 plus a $50 state fee to the lawyer in his office. The lawyer got on his computer, entered my name, and some basic information, and then printed out several pieces of paper and said “sign here and here”.
The whole process took about 10 minutes for $600. That same lawyer today probably charges $900 for these 10 minutes of work.
After that, I have only worked with online services.
LLC Formation Lawyers in Wyoming
If your business is particularly complex, or if you don’t mind spending $100s of dollars more and want the peace of mind that comes with having an experienced business attorney to form your business entity, you could hire a lawyer instead of a formation service.
Business Attorneys in Wyoming
As I just mentioned, hiring an attorney is more expensive than using an online LLC service, but you will obtain a level of competence and experience that can only be provided by an attorney.
I evaluated a long list of Wyoming business attorneys on AVVO’s website to find the most qualified LLC formation lawyers.
From Avvo’s list of “best reviewed” business attorneys in Wyoming, these are my top picks.
Tier 2 – Other Wyoming LLC Services
Swyft Filings was launched in 2012 and are one of the latest services for LLC formation.
Prices start at $0 + state fee. If you need an EIN and LLC operating agreement, the price is $199 + state fee. Swyft Filings charges $199/year for registered agent services.
MyCompanyWorks has a basic LLC service package that costs $79 and includes assistance with Articles of Organization, Operating Agreement assistance, an online portal to store legal documents, compliance alerts, and assistance with registering with the Wyoming Secretary of State.
They have maintained mostly positive reviews online. You will need to buy their premium package for $279 if you want a Wyoming registered agent.
Inc Authority, like Incfile, allows you to file your company formation paperwork free of charge, but each offer comes at an additional cost.
Ask the “free LLC” if they plan to sell your private information. I believe the “Free LLC” is a gimmick just to get you in the door. Yes, their filing service is “free” plus the state fee.
You will need to buy their $399 basic package if you require assistance drafting an Operating Agreement or accessing an EIN.
You will also need to buy their premium $799 package if you want to receive express processing.
Tailor Brands is a bit different than the others on my list.
Like their name says, they build brands. Tailor Brands promotes itself as a comprehensive business formation service that provides a complete list of services to entrepreneurs, including compliance and LLC formation, logo design, and branding features.
Tailor Brands offers three formation plans.
Incorporate.com offers a $99 base package that includes very few services, similar to Rocket Lawyer or LegalZoom. They offer an online account and assistance in filing your Articles of Organization, and that’s nothing else.
CorpNet has been in business for over 20 years. They will file the initial LLC documents and provide compliance alerts to maintain good standing with the Secretary of State. All for $79.
MyCorporation is owned and operated by the check printing company Deluxe Corp. Their LLC formation services are like many others on our list.
They charge $133 to prepare your Operating Agreement and process your Articles of Organization. Each additional, comprehensive service comes at an additional cost.
Incorporate Fast offers Wyoming LLC formation services at a low $99 price. This includes assistance with filing documents, assistance with filing them, and an Operating Agreement template.
They offer “same-day” filings. They will process and file your documents within 24 hours of receipt.
If you can upgrade to their $199 package, you get an EIN.
BizFilings, another Wyoming LLC service provider, charges $99 for the basic package. This includes assistance in filing your limited liability company formation documents and a year of their registered agent services.
Like each of the LLC services, they have additional features for additional fees.
Similar to LegalZoom, Rocket Lawyer offers online legal services. They also offer LLC services such as registering an agent, filing your formation documents, and an online document storage portal.
If you like having access to ongoing legal assistance for a fee, Rocket Lawyer might be a good fit for you.
Active Filings is another LLC formation service, they are based in Dania Beach, Florida. Active Filings has been in business since 2001 but is still a small player in this industry.
According to the company website, they have only four employees.
Direct Incorporation offers the same LLC services that MyCorporation but includes a banking resolution as well as an Employer Identification number. They charge $174 for these services.
If you need an LLC operating agreement, you need to get the next package at $297. They also offer logo design, trademarks, a business website, and email.
InCorp costs $99. plus state fees to file your Articles of Organization. Registered agent services are $129 per year.
Nationwide Incorporators offers basic LLC filing services for $200, and for $475, you get an LLC operating agreement. You get to talk to an attorney. Pricey!
SunDoc Filings has a $79 base package for filing your Articles of Organization. $70 for an EIN and $69 for an LLC operating agreement.
What is a Wyoming LLC?
A Wyoming LLC, short for limited liability company, is an entity type that combines the flexibility of a sole proprietorship with the financial protection of personal assets.
That’s not a bad thing. Let’s find out what this means.
You would operate as a sole proprietorship if you started selling handcrafted apparel out of your home. Sole proprietorships are legal entities.
This means that everything the business owns, from fabrics to sewing machines, is owned solely by the proprietor. The proprietor pays all taxes.
If the business is sued or taken to court by a third party, the owner may lose all of his or her personal property to pay the damages.
Business entities, such as LLCs, have personal asset protection. This is because the business itself is considered an independent legal entity.
The business can have assets, open a bank account, and be sued. If the business goes under, members of the company cannot lose their assets.
LLCs aren’t subject to a lot of complex requirements, unlike corporations. This makes it an attractive choice for entrepreneurs who want to keep their filings simple and still protect their assets.
Pros and cons of starting a limited liability company in Wyoming
An LLC is one of the most common types of entity in America. However, it’s not the right type of entity for everyone.
Only you know your business best and can choose the entity type most appropriate for you. Your vision is clear for the future and your products.
It’s important to understand the pros and cons of LLCs to decide if an LLC is right for your needs.
- It is easier to create and manage than a corporation
- Protection of personal assets
- A flexible tax structure can be paid as a partnership (or a corporation)
- Exclusive use of a business name within a state is prohibited
- No authority can issue stock. Therefore, capital-raising opportunities are limited.
- Some states have higher annual fees and taxes than sole proprietorships or partnerships.
- Some entrepreneurs may not be comfortable with the extra paperwork.
How to set up a Wyoming LLC on your own
You don’t need to use an LLC formation service such as LegalZoom or ZenBusiness. While these services can be very helpful, you can save money by doing it yourself.
1. Choose a company name
Wyoming LLCs need a memorable name that can give potential clients an idea of the products or services available. Names should be unique for both legal and business reasons.
2. Appoint a Registered Agent in Wyoming
As we have mentioned, every LLC requires an agent to accept service of process on its behalf. You can be your own registered agent in most states as long as there is a physical address.
However, we recommend that you appoint another person (an online service) as your agent.
3. File the Articles for Organization
Once completed and filed, this document officially forms your Wyoming business. Some important information will be required, such as your contact information, business address, signatures of your LLC members, and other details. Wyoming charges a $45 filing fee.
It’s easy to set up an LLC. However, it is the maintenance requirements that can be a little more difficult.
4. Register and pay taxes
You will need an IRS Employer Identification Number if you have employees. There are also state-specific taxes. Wyoming has graduated income taxes. Individual rates are between 5% to 6.9%, and corporate rates are between 1% to 6.5%. The Franchise Tax is the largest tax burden. Other taxes, such as sales taxes (6.5%) or miscellaneous taxes, will need to be included.
5. Get permits and licenses
Wyoming does not have a general business license, but many cities and counties do require one. You might also need to apply in order for an industry license.
6. Create a Wyoming LLC Operating Agreement
Even single-member LLCs need to create a master document that outlines how the business will function in the future.
7. Get your annual report.
Wyoming’ annual report is a companion to the annual franchise tax. You will file your Wyoming annual report with the Department of Finance and Administration and not with the Secretary of State. A minimum tax is $150 per year.
8. Get business insurance
All businesses with employees need to have workers’ compensation insurance. A general business liability policy may be an option.
9. Open a bank account for your business
Register for a bank account in your business name to write checks and make business purchases
Our Selection Method for Choosing the Best Wyoming LLC Services
This is how I found the best LLC service in Wyoming.
I formed an LLC a few years ago and did a lot of research before doing so. Because I have spent so much time on this subject, I believe I am very capable of finding and recommending the best LLC formation services. I also recommend using a registered agent service rather than being your own.
How did I research and choose the best LLC service in Wyoming?
My research approach included these four steps to select the best Wyoming LLC formation service.
Step 1: Reviews
I began by analyzing the reviews of online customers for the top 19 LLC services in Wyoming.
I spent many nights scrolling through the customer feedback on Trustpilot and Google Business Profiles (among other review websites) to discover which LLC services were new, which seemed questionable, and which were legitimate.
Step 2: Website Analysis
Once I had a good idea of who I could trust, I could go to their websites and see exactly what they offered.
To find out who offered what products or business services, I looked through pricing pages and looked at detailed breakdowns.
Step 3: Talking with real customers
Online customer reviews are only one way to learn. To truly understand the experience of using a service, it is important to talk to the people who use it.
I sought out the opinions of customers who I had recommended to me over the years in order to get a clear understanding of Wyoming LLC services. I wanted to know how easy the system was, how helpful and polite their support staff is, and how fast they process applications.
This direct feedback from customers helped me to see which promises were fakes and which were legitimate.
Step 4: Talking with their Sales Team
The last step was to talk to their sales team to find out how difficult they were with upsells.
I asked several questions that a first-timer would. Then I waited to see how many times I was encouraged to get additional services.
My Testing and Rating Criteria for Wyoming LLC Services
While I was completing my investigative analysis, I was constantly evaluating these LLC formation services on the basis of these four aspects.
1: Features and Services
There are many steps involved in starting an LLC. If you have read at least half of the above, you will know this. Fill out and file your Articles of Organization. You will need an EIN to open bank accounts. Choose a premium registered agent in to get an address in Wyoming. And a lot more.
To ensure you get as many completed projects as possible when you invest your money, I first assessed each LLC formation company on the business and product services they offer.
I checked if they charge extra for a lot of pricey add-ons that are not mentioned at first. I liked the very clear services and upfront with everything. The best value LLC formation services rose to the top.
3: Ease of use
It’s a good idea to sign up for a business formation service that offers a variety of products at a reasonable price without any trouble navigating their system.
I created an account with each Wyoming LLC formation service and attempted to register my fictional LLC. This was to ensure that all the systems were easy to use and simple to navigate.
4: Customer service
I was not satisfied with my customer service experiences after the recent corporate trend to outsource customer support to unaffiliated phone centers. These representatives know little about the service they are supporting and the laws and regulations that it is subject to.
I did my best to test their customer service teams to determine the quality of their business formation services. I sent them polite questions, called them to inquire about obvious information, and jumped onto their online chat portals. I also complained about inappropriate things. I wanted to know how they dealt with my comments and requests and how fast it took for them to reply.
Conclusion: Wyoming LLC Formation Services
My investigative analysis resulted in my picking Northwest Registered Agent as the best LLC service for Wyoming.
How quickly do Wyoming’s LLC formations get processed?
The state normally processes online filings as soon as it receives them. The establishment of your LLC should be completed by the Secretary of State if you file on paper within 3-5 business days. In Wyoming, there are no choices for business filings that are expedited.
Is a Wyoming Registered Agent Needed for My LLC?
Yes, Wyoming requires your LLC to have a registered agent. Companies in Wyoming need to be aware of the state regulations dictating the necessity of a registered agent and a registered address. Also, the company must maintain its registered office address during regular business hours.
May I serve as my own registered agent?
You are allowed to act as your own LLC’s registered agent. Yet, using a Wyoming registered agent service gives you convenience and peace of mind while also ultimately saving you money.
How Do I Choose a Wyoming Registered Agent?
You must provide the details of your selected registered agent on the Wyoming Articles of Organization or Articles of Incorporation in order to choose your registered agent in Wyoming. In the case of a single registered agent, include the agent’s name, contact information, and address. While you must include the Wyoming business name and address if you choose a premium registered agent service.
How Much Does It Cost in Wyoming to Establish an LLC?
The price to create an LLC in Wyoming is around $100. Articles of Organization sent by mail must be filed for $100, while those submitted online cost $102. In addition, you can file a $50 LLC name reservation to reserve the name of your company. Furthermore required is a $50 yearly license tax for LLCs.
Can a Wyoming LLC Have a Company Address Outside of Wyoming?
Yes, a Wyoming LLC may have a business address outside of Wyoming. But, you might need to register your company as a foreign LLC if you wish to run it in the state where you reside.
What are the advantages of using an LLC formation service in Wyoming, and what key features should you look for in a top-rated provider?
Wyoming is a highly favorable jurisdiction for launching a Limited Liability Company (LLC), owing to its friendly business structure and tax advantages. The state requirements for business registration and company filings are straightforward, making it a preferred choice for entrepreneurs looking to incorporate or start a business.
A top-rated LLC service in Wyoming will offer a wide array of LLC packages, which may include a formation package tailored to your business needs. Before choosing any service, it’s imperative to look at customer reviews to understand the quality of professional services they offer. Another factor to consider is the turnaround time for processing your documents, including Articles of Organization and state filings.
A crucial service feature to look out for is legal compliance. Ensure that the service will handle the mandatory appointment of a registered agent and assist you in acquiring necessary business licenses. Having an operating agreement drafted is also important, as it outlines the internal workings of your LLC, providing clear guidelines for corporate governance.
In terms of financials, the LLC formation service should help you set up a business bank account and acquire a Business Tax ID (EIN), or Employer Identification Number, which is essential for federal taxation and hiring employees. A transparent pricing plans structure without hidden filing fees is also something to look for in a reliable service provider.
Given the challenge of business planning, especially when weighing the pros and cons of sole proprietorship vs LLC, the service should also offer business consulting. A business advisor can be extremely beneficial in this stage, as they can guide you through the different entity types and what might be most appropriate for your small business or business startup.
A top-rated LLC service will act as a one-stop solution, offering everything from legal services for document filing to online formation and annual reports. They should also offer advice on compliance and include a company seal as part of their comprehensive service package.
In summary, Wyoming offers a beneficial environment for LLC formation, and choosing a service provider that covers all these aspects will ensure that you get the most out of your new business venture.
How do LLC formation services tailored for Wyoming-based businesses vary in their offerings, and what should entrepreneurs consider in terms of pricing, turnaround time, and additional features?
Choosing the right LLC formation service is essential for entrepreneurs in Wyoming, a state well-known for its business-friendly environment. Among the trusted names in this arena are LegalZoom, Rocket Lawyer, Incfile, ZenBusiness, Northwest Registered Agent, and MyCompanyWorks. Each has its unique selling points, focusing on different aspects like pricing, turnaround time, and customer support.
Starting with pricing, businesses on a tight budget often gravitate towards Incfile because of their competitive rates and free registered agent services for the first year. On the other hand, LegalZoom and Rocket Lawyer offer more comprehensive packages that go beyond basic LLC formation to include banking services and accounting software. These added features could be beneficial for businesses looking for an all-in-one solution, albeit at a higher price point.
In terms of turnaround time, MyCompanyWorks is renowned for its speed in getting your LLC up and running. Northwest Registered Agent shines in the area of customer support, providing personalized advice and guidance, which can be invaluable if you’re unfamiliar with Wyoming’s specific business regulations. ZenBusiness offers an ideal combination of pricing and ease of use, featuring a user-friendly interface that streamlines the formation process.
All these services assist with the necessary paperwork, such as the Operating Agreement and Articles of Organization, and they often provide support for EIN obtainment through the Internal Revenue Service (IRS). Many of these services also help with annual report filings, which in Wyoming must be submitted to the Secretary of State, and offer resources in line with Small Business Administration (SBA) recommendations.
When it comes to credibility, looking at reviews and ratings can provide a broader understanding of what to expect. BBB Ratings and customer reviews offer insights into client satisfaction and service quality. Moreover, industry publications often analyze and compare these services, offering a more in-depth look at your options.
Supplementary services like obtaining business licenses are also provided by many of these companies, which is useful if your Wyoming business requires specific permits. The company websites of these services are usually rich resources for entrepreneurs, featuring FAQs, educational content, and customer testimonials.
In summary, the choice of an LLC formation service for a Wyoming-based business will depend on a plethora of factors including pricing, turnaround time, and ease of use. Regardless of your choice, make sure to consider customer reviews, BBB Ratings, and the breadth of services offered, such as banking services and accounting software, to find a match that meets all your business needs.
Brian Wilson is the content manager and founder of LLC Radar.
Brian grew up in North Texas, just outside of Dallas, and has a bachelor’s degree in business journalism from Southern Methodist University. Since graduating from SMU, Brian has gained over 10 years of experience in business writing for several online publications.
Brian resides in Plano, Texas and he can be reached by email: email@example.com