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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.
Limited Liability Companies: *Annual Report License tax is $60 or two-tenths of one mill on the dollar ($. 0002) whichever is greater based on the company's assets located and employed in the state of Wyoming.
The specifications required of a Wyoming LLC are: Registration. Registrants must file articles of organization with the Secretary of State by mail. ... Forms and fees. ... Timeline. ... Naming requirements. ... Formation requirements. ... Forms. ... Limited liability company operating agreement. ... Taxes.
A Wyoming annual report must be filed with the Secretary of State by all domestic or foreign corporations and LLCs that are registered with Wyoming. These reports help the government maintain accurate records about which businesses are active and generate revenue.
All Wyoming corporations, nonprofits, LLCs, and LPs need to file a Wyoming Annual Report each year.
Wyoming Annual Report Information. Businesses and nonprofits are required to file annual reports to stay in good standing with the secretary of state. Annual reports are required in most states. Due dates and fees vary by state and type of entity.
Partnership taxes are typically paid on the partners' tax returns, but Wyoming has no individual state income tax, so it generates tax revenue in other ways. Partnerships may be required to file annual reports.