Wyoming Business Resources
Wyoming business is more than just company formation. Depending on the needs of your company, you may have to register with some other state and federal agencies (like the IRS). See the resources below for guidance.
Wyoming EIN
You’ll need an Employer Identification Number (EIN) if you need to open a business bank account for your Wyoming company or if you need to pay employees. An EIN, or FEIN, does not cost anything to obtain if you get one directly through the IRS. Alternatively, you can have us get one for you. Our service is just $50 (or $150 if you don’t have an SSN), and you can get it with one click at check out.
Wyoming Bank Account
There are arguments on either side if you should open a business bank account for your Wyoming LLC or Wyoming Corporation in the state of Wyoming. When you open a Wyoming bank account for your WY company, you must list the monies located at the bank on your annual report. This could increase the fee you pay the Wyoming Secretary of State. When you open a bank account outside of Wyoming, you break up your Wyoming business nexus. Whatever you decide is best for your corporate situation, you have a few options.
Option 1. You can find a bank that will open an account online like Bank of America or Wells Fargo. They sometimes give you an option of opening a “Wyoming” bank account.
Option 2. Some banks allow you to open a Wyoming business bank account if they have a local branch near you. Have the Wyoming branch send your local branch the paperwork to sign for a Wyoming bank account.
Option 3. A third option is using an online brokerage account like ameritrade or etrade.
Option 4. Go with an independent online bank. It is not clear if you can open a Wyoming account, but an online account is certainly obtainable. https://www.smallbusinessbank.com/
Whichever way you choose to manage the money for your limited liability company or corporation in Wyoming, be aware that you can not hide your money from the federal governemnt. Pay your taxes and stay out of trouble, stay free.
Wyoming IRS
The Internal Revenue Service (IRS), is a government agency that collects taxes and distributes refunds to citizens, foreigners and corporations. You must report your earnings to the IRS for your Wyoming corporation. Wyoming limited liability companies are not taxed as entities themselves, rather the profits are taxed on the profit holders individual yearly federal tax return. Remember, there is no state income tax in Wyoming! Enjoy the freedom of no state taxes with a Wyoming corporation or limited liability company.
Wyoming IRS Location – 5353 Yellowstone Rd # 206A, Cheyenne, WY 82009
Wyoming EIN (Wyoming Federal Employer Identification Number) Online – https://sa.www4.irs.gov/modiein/individual/index.jsp
ITIN (Non Citizens) – https://www.irs.gov/individuals/how-do-i-apply-for-an-itin
Wyoming Department of Revenue
“The Agency’s mission is the administration and collection of mineral and excise taxes as well as the valuation of property and the wholesale distribution of alcohol beverages and enforcement of liquor control laws for the ultimate benefit of all Wyoming citizens. The Agency envisions a customer oriented, streamlined agency that minimizes regulatory burdens and maximizes compliance with applicable laws.”
Wyoming Department of Revenue Location – 122 W 25th St, Cheyenne, WY 82001
Wyoming Department of Revenue Online – https://revenue.wyo.gov/
Wyoming Secretary of State
The Wyoming Secretary of State serves as the State’s Chief Elections Officer, Securities Commissioner, Corporations Administrator, Notaries Public Commissioner and in the capacity of Lieutenant Governor. The business division is responsible for your Wyoming LLC and Wyoming Corporation filings. This is the place to start for Wyoming business.
Online Wyoming Company Filing – https://sos.wyo.gov/business/startabusiness.aspx
File a new Wyoming LLC (Limited Liability Company) with the Secretary of State on your own. Proceed with this option if have purchased registered agent service a la carte and you are going to do it yourself. Why not let us file it for you without paying an incorporation charge? Just pay the registered agent fee and we will do the rest for you. How easy is that?
Wyoming LLC or Corporation Search – https://wyobiz.wyo.gov/business/filingsearch.aspx
Search for Wyoming LLCs and Wyoming Corporations with this free online database. If you cannot find a name you want, it is more than likely available for corporate registration in Wyoming.
Wyoming Corporate Forms – http://soswy.state.wy.us/Forms/Default.aspx?root=Business
This is a complete library of forms needed to incorporate or manage your Wyoming company. All are free courtesy of the Wyoming Secretary of State’s business division. Download the free editable forms at any time.