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You can form a Wyoming LLC even if you don't live in Wyoming. Residency in the state, or the USA, is not required to form a company. A majority of LLCs are formed by non-residents. Forming an LLC in Wyoming as a non-resident is the same process as for a resident.

LLC Taxation For Non-Residents Foreigners with a Wyoming LLC are only taxed in the US on income from US sources, which means that income from other countries won't be taxed by the US. But non-US owners of Wyoming LLCs are taxed initially on any US-sourced income at a rate of 30%. This 30% is paid to the IRS.

Wyoming's charging order protection laws are effective for members to protect their LLC assets and ownership from creditors. However, that protection does not extend outside of Wyoming. Members living out of state will have to deal with different laws protecting their LLC assets from garnishment by creditors.

The fact that you run your business from your home means you're doing business in that state. Even if you work from a coffee shop, you're still doing business in that state. And that state wants to collect their tax revenue and enforce their LLC filing requirements for businesses illegally operating in the state.

Once your corporation has been approved, you will receive confirmation from the State of Wyoming and a certificate of formation.

No Income Tax One of the most appealing aspects of forming an LLC in Wyoming, is that Wyoming is a zero income tax state. Wyoming does not have personal income taxes. For single member LLCs and LLCs taxed as partnerships, the income report is passed through to the individual members. This includes gains and losses.