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No Asset Protection Guarantee Wyoming does have asset protection laws, but these are not as good as they may seem at first. That is because anyone who is out of state, like most LLCs, will have to deal with conflicting laws. In that situation, the Wyoming asset protection laws become irrelevant and lose their benefits.

Do I need a physical address for my business in Wyoming? Technically, no. But when you file your business formation documents with the Wyoming Secretary of State, you'll be required to list an address for your registered agent and a business address (known as the ?principal office address? in Wyoming).

If a California resident forms a Wyoming LLC they will pay attorneys' fees, filing fees and registered agent fees. The initial filing fees are $100 and then $60 per year thereafter (assuming you had no assets in Wyoming).

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.

Out-of-state entities can register to transact business in Wyoming by filing a Certificate of Authority. The form must be accompanied by a certificate of good standing and existence, dated no less than 60 days prior to filing LLC documents. The fee for out-of-state entities is $150.

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. Filing Articles, appointing an agent and paying the online fee.