Wyoming LLC Statutes

LLC statutes set out the substantive rules for forming, maintaining and dissolving an LLC in Wyoming. The Secretary of State in Wyoming then enforces the substantive laws for LLCs.

Name Requirements

The words "Limited Liability Company" or the letters "LLC" must be included in the name of the company. Also, the company can't have a name that is either the same or deceptively similar as a service mark or trademark registered in the state. It's recommended to search the secretary of state's records of registered businesses to make sure that the proposed name differs from the names of other existing businesses in Wyoming.

Filing Requirements

Members are required to draft and file articles of organization with the Secretary of State in Wyoming. Two copies of articles must be filed, the filing fee is $100 USD. The articles contain the company name, a business address in Wyoming, the name and address of the registered agent, the LLC's purpose, duration the LLC will exist and the appointment of the registered agent and their signature.

Annual Requirements

Each LLC member must report the profits and losses of the company on their personal income taxes if they chose to get taxed like a partnership. They must submit an annual report to the secretary of state by the anniversary of the date they filed the articles each year.

Registered Agent Requirements

The members grant authority to accept important legal mail, such as correspondence from state agencies, on behalf of the company.

The registered agent must either be a resident of Wyoming or a business authorized by the Secretary of State.