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Because of Wyoming's long history with LLCs, Wyoming LLCs are highly promoted as being superior to the LLCs of other states (usually by companies that offer to do the formation for you2026for a fee). The fact that Wyoming was the first state to have an LLC statute doesn't really benefit a business owner, of course.
To make amendments to your limited liability company in Wyoming, you provide the completed Limited Liability Company Amendment to Articles of Organization form in duplicate to the Secretary of State by mail or in person, along with the filing fee.
Wyoming is one of only a very few states that does not have a personal income tax or a corporation income tax. Consequently, for most LLCs, including those that may have elected to be taxed as corporations, no state income taxes are due.
The main benefits of forming a LLC in Wyoming are:No state income tax on limited liability companies. Asset protection and limited liability. LLC assets are safe from personal liabilities. Charging order protection extended to single member LLC's.
Wyoming has privacy and does not require the members or managers to be listed on the public records. Wyoming has no income taxes on companies or people. Wyoming has close LLC's which do not require annual meetings, so there is less paperwork.
The main benefits of forming a LLC in Wyoming are:No state income tax on limited liability companies. Asset protection and limited liability. LLC assets are safe from personal liabilities. Charging order protection extended to single member LLC's.
Dissolving a Partnership in Wyoming There are two ways to dissolve a Wyoming partnership: Don't file your annual report and let the partnership be administratively dissolved by the Wyoming Secretary of State. File the dissolution certificate with the Wyoming Secretary of State.
Wyoming does not allow you to file a change of agent digitally. The paperwork needs to be signed by the person changing agents. From there you simply need to mail the change of agent document to Wyoming's Secretary of State. The whole process will take 7-10 business days.
Has 2 LLC filings to maintain (a Domestic Wyoming LLC and a Foreign California LLC) has 2 state filing fees. has to meet annual requirements and fees in both states. may have increased Registered Agent fees.
Is an LLC Operating Agreement required in Wyoming? No. An Operating Agreement is not required in Wyoming. Although it is not required, the SBA recommends that all LLCs in every state have a clear and detailed Operating Agreement.