Wyoming Company Formation

Starting a business in the U.S. doesn’t have to drain your wallet, and Wyoming is proof of that. With low startup costs, business-friendly laws, and solid privacy protections for owners, it’s no surprise that many entrepreneurs choose this state to launch their businesses. But before you set up a company, it’s worth knowing exactly why it’s a strong choice, how much a Wyoming LLC will cost you, and how the process of company formation in Wyoming goes. 

At Offshore Pro Group, we’ve worked with founders around the world to create U.S. companies that are not only legally sound but built to fit their long-term plans. Here’s a simple breakdown of what to expect in 2025.

Why a Wyoming LLC is the Gold Standard for Entrepreneurs?

When it comes to forming a company in the U.S., Wyoming is consistently the top choice for non-residents, and for good reason. The state offers privacy, low maintenance costs, and a very business-friendly environment.

Here are the biggest reasons why international clients choose a Wyoming LLC:

• Privacy protection: Wyoming does not require owners or managers to be listed in public records.
• Low annual fees: Keeping your company active costs only a fraction of what you’d pay in other states.
• Strong asset protection: LLCs in Wyoming shield owners’ personal assets from business liabilities.
• No state income tax: A major advantage for global entrepreneurs who want to minimize tax burdens.
• Simple formation process: You don’t need to be physically present in the U.S. to create a Wyoming LLC.

For many international founders, these benefits make Wyoming the clear winner over other states like Delaware or Nevada.

Wyoming LLC Formation Packages

Setting up a company in the U.S. can seem complex, but Offshore Pro Group makes the process seamless. Our Wyoming LLC packages are designed to suit different business needs, whether you want a fast, confidential registration, need an EIN for contracts, or plan to open a U.S. bank account for global payments.

How to Start an LLC in Wyoming: A 9-Step Guide

If you’re wondering how to start an LLC in Wyoming, here is a step-by-step breakdown of the process.

Step 1: Choose a Name for Your LLC in Wyoming

The first step is deciding what kind of legal entity best fits your goals. The two main options for foreigners are:

• Limited Liability Company (LLC): Flexible, simple to manage, and ideal for small-to-medium businesses. Profits can “pass through” to owners without being taxed at the company level.
• Corporation (C-Corp or S-Corp): Better suited for startups seeking investors or venture capital, but with stricter compliance requirements.

Most foreign entrepreneurs opt for an LLC due to its flexibility and ease of operation. If the name is available, you may also want to secure a matching domain name for your website.

Step 2: Appoint a Wyoming Registered Agent

State law requires every LLC to appoint a registered agent with a physical address in Wyoming. This agent receives legal and tax documents on behalf of your business. Offshore Pro provides reliable registered agent services to ensure compliance and privacy.

Step 3: File the Articles of Organization

The articles of organization are the key formation document. They include your LLC’s name, the registered agent’s details, and your mailing address. You file these with the Wyoming Secretary of State, along with the $100 filing fee. Offshore Pro Group can prepare and submit the articles of organization on your behalf.

Step 4: Create a Wyoming LLC Operating Agreement

Even though Wyoming doesn’t legally require it, putting together an operating agreement is a smart move. It lays out who owns what, how decisions get made, and how profits (or losses) are divided. More importantly, it helps keep everyone on the same page and can protect your LLC status if disagreements ever pop up down the road.

Step 5: Obtain an EIN (Employer Identification Number)

An employer identification number (EIN) is issued by the IRS and functions as your business’s tax ID. You’ll need it to open a bank account, hire employees, and file taxes. You can apply online for free, or Offshore Pro can assist you in the process.

Step 6: File Your Beneficial Ownership Information (BOI) Report

Under the new Corporate Transparency Act, all U.S. companies must file a BOI report with FinCEN, disclosing who ultimately owns or controls the LLC. Offshore Pro can guide you through this federal filing to ensure compliance.

Step 7: Open a Business Bank Account

Separating personal and business finances is critical. A dedicated bank account for your Wyoming LLC simplifies accounting, strengthens asset protection, and preserves your limited liability.

Your business bank account options include:

• Traditional banks (like Chase or Bank of America) – reliable, but often require an in-person visit.
• Online banks and fintech platforms – a go-to option for many non-residents, due to easier access without the need for physical presence.

That said, setting up an account from abroad isn’t always simple — having someone who knows the process can save you a lot of hassle and time. Offshore Pro Group has extensive experience helping international clients open U.S. bank accounts. If you’re unsure where to start, contact us today and we’ll handle this for you.

Step 8: Fund Your LLC

To get your Wyoming LLC off the ground, you’ll need to put some money or assets into it—this is called your initial capital contribution. It’s a key part of showing the business is legitimate and helps protect your personal liability by keeping that legal separation between you and the company.

Step 9: File Your Annual Report

Running a U.S. company isn’t just about formation; ongoing compliance matters too. This means:

• Filing annual reports with your state.
• Paying renewal fees.
• Maintaining proper accounting records.
• Keeping your registered agent active.

Failing to stay compliant can lead to fines or even the dissolution of your company.

Understanding the Wyoming LLC Cost

Forming a Wyoming LLC is affordable compared to other states. Below is a breakdown of costs, including Offshore Pro Group’s service fees.

By choosing Offshore Pro Group, you benefit not just from affordable costs but also from professional expertise that ensures your LLC remains in compliance year after year.

What to Do After Forming an LLC in Wyoming

Once your Wyoming LLC is officially up and running, there are still a few things you’ll need to take care of. For example, you’ll want to look into any licenses or permits your type of business might need — it varies depending on what you do. It’s also smart to grab a good domain name and get a basic website live, even if it’s simple for now. Another consideration to keep in mind is taxes and filings – they can sneak up fast, and it’s better to know what’s expected from the start. It will also be worth considering opening a business or corporate account for streamlined operations. We can help with that. 

If you’re interested in getting set up with a Wyoming LLC, remember, Offshore Pro Group now offers both free and paid consultations. You can schedule a complimentary 15-minute consultation to explore your options, or book a one-hour, in-depth session (currently €300, normally €500) for expert guidance on international company structures.

Wyoming LLC: Frequently Asked Questions