Wyoming LLC Annual Report and License Tax (2026)
Wyoming LLCs file an annual report with the Secretary of State and pay an annual report license tax of $60, or two-tenths of one mill on the dollar ($.0002) of assets located in Wyoming, whichever is greater. The report is due on the first day of the anniversary month of formation, and an LLC not paid within 60 days of the due date is subject to dissolution.
Quick Answer
- Minimum license tax
- $60
- Rate
- $.0002 per dollar of Wyoming assets (two-tenths of one mill)
- Which applies
- Whichever is greater - the $60 minimum or the calculated tax
- Due date
- First day of the anniversary month of formation
- Late consequence
- Subject to dissolution if unpaid within 60 days of the due date
- Basis
- Assets located and employed in Wyoming, not worldwide assets
- Filed with
- Wyoming Secretary of State, Business Division
- State income tax
- None - Wyoming levies no personal or corporate income tax
What the Wyoming Annual Report Is
Wyoming's annual report combines two things most states keep separate: an information update and a tax. The information side confirms the entity's principal office, mailing address, and registered agent. The tax side is the annual report license tax, which is the reason the filing costs more for some LLCs than others.
Both are handled by the Wyoming Secretary of State, Business Division. The requirement applies to domestic LLCs, series LLCs, and foreign LLCs holding a certificate of authority. The governing law sits in Title 17 of the Wyoming Statutes, and the Secretary of State publishes a tax worksheet and worksheet rules that explain the calculation.
How the License Tax Is Calculated
The tax is $60 or two-tenths of one mill on the dollar ($.0002), whichever is greater. The multiplier applies to the value of assets located and employed in Wyoming - not the LLC's total worldwide assets. That distinction is the single most misunderstood part of Wyoming compliance.
Because the rate is $.0002, the $60 minimum controls until Wyoming-situated assets reach $300,000. Above that, the calculated tax exceeds the minimum.
| Assets located in Wyoming | Calculated at $.0002 | License tax due |
|---|---|---|
| $0 | $0 | $60 (minimum) |
| $100,000 | $20 | $60 (minimum) |
| $300,000 | $60 | $60 |
| $1,000,000 | $200 | $200 |
| $5,000,000 | $1,000 | $1,000 |
A holding LLC with no Wyoming property - the common pattern for out-of-state owners who formed in Wyoming for its statutes rather than its geography - pays the $60 minimum. Use the Secretary of State's annual report worksheet to document the figure you report; the worksheet is expressly not a public record.
When the Report Is Due
Wyoming does not use a single statewide deadline. The annual report is due on the first day of the anniversary month of the LLC's formation. An LLC organised on 14 March is due every 1 March; one organised on 30 September is due every 1 September.
This is convenient in that it spreads filings across the year, and dangerous in that there is no common date to remember. Note the anniversary month the day the LLC is formed and set a recurring reminder 30 days ahead. See how to form an LLC in Wyoming for where the formation date is recorded.
What Happens If You File Late
Wyoming's enforcement is direct: if the annual report is not paid within 60 days of the due date, the entity is subject to dissolution. There is no long delinquency runway.
A dissolved LLC may act only to wind up its affairs. It cannot lawfully continue ordinary business, and the liability protection its members rely on becomes far less certain for obligations incurred after dissolution. Contracts, bank accounts, and licences that require good standing are all exposed. Reinstatement is available but requires curing the delinquency and paying the associated fees, so the cheapest possible outcome is filing on time.
How to File
- Find the anniversary month from the formation date on the state record.
- Total Wyoming assets - the value of assets located and employed in Wyoming as of the reporting date.
- Calculate the tax - multiply by $.0002 and compare with $60; pay the greater.
- Complete the annual report through the Secretary of State's online filing system, confirming the principal office, mailing address, and registered agent.
- Pay and save the confirmation with your company records.
If the calculated tax is above a threshold set by the Secretary of State, the report must be filed on paper rather than online; the online system flags this. Confirm the current threshold on the Secretary of State's annual report page.
The Registered Agent Link
The annual report and the registered agent requirement work together. Wyoming requires every LLC to maintain a registered agent with a Wyoming address, and losing the agent is an independent ground for administrative action. The annual report is where most owners discover an agent has resigned or moved.
If the agent changes between reports, file the change immediately rather than waiting. Service delivered to the address on file is effective service, and a default judgment is the usual consequence of not receiving it.
Wyoming's Other Taxes - and What It Does Not Have
Wyoming levies no personal income tax and no corporate income tax, which is a large part of why out-of-state owners form there. The annual report license tax is therefore the main recurring state charge for a Wyoming LLC in good standing.
Wyoming does levy sales and use tax, administered by the Department of Revenue, and businesses making taxable sales in Wyoming need a sales tax licence. Federal obligations are unchanged by Wyoming's tax structure: members of a default LLC still owe federal income tax and self-employment tax on their distributive share. See business tax and S-corp vs LLC.
If You Formed in Wyoming but Operate Elsewhere
Forming in Wyoming does not exempt you from the state where you actually do business. If the LLC operates in another state, it will normally have to register there as a foreign LLC, appoint an agent there, and pay that state's fees and taxes - on top of the Wyoming annual report. Two sets of filings and two sets of fees is the usual result.
Wyoming remains attractive for asset-holding structures and for owners who value its statutes and privacy posture. It is rarely cheaper for a business whose customers, employees, and premises are all in one other state. Weigh that before treating the $60 minimum as the whole cost, and see how to dissolve an LLC if you decide to consolidate.
Frequently Asked Questions
How much is the Wyoming LLC annual report fee?
The annual report license tax is $60 or two-tenths of one mill on the dollar ($.0002) of assets located and employed in Wyoming, whichever is greater. Because of that rate, the $60 minimum applies until Wyoming-situated assets exceed $300,000.
When is the Wyoming annual report due?
On the first day of the anniversary month of the LLC's formation, every year. An LLC formed on 14 March is due each 1 March. Wyoming does not use a single statewide deadline, so the due date differs from entity to entity.
What happens if I file the Wyoming annual report late?
If the annual report is not paid within 60 days of the due date, the entity is subject to dissolution by the Secretary of State. A dissolved LLC may act only to wind up its affairs. Reinstatement is possible but requires curing the delinquency and paying additional fees.
Are worldwide assets used to calculate the Wyoming license tax?
No. The tax applies to the value of assets located and employed in Wyoming, not the LLC's total worldwide assets. A holding company with no Wyoming property therefore pays the $60 minimum. The Secretary of State publishes a worksheet for documenting the figure.
Does Wyoming have a state income tax on LLCs?
No. Wyoming levies no personal income tax and no corporate income tax, so a Wyoming LLC's members owe no Wyoming income tax on distributive share. Federal income tax and self-employment tax still apply, and Wyoming sales and use tax applies to taxable sales.
Do foreign LLCs file a Wyoming annual report?
Yes. An LLC formed elsewhere that holds a Wyoming certificate of authority files its own annual report and pays the license tax on assets located and employed in Wyoming. The same anniversary-month due date and 60-day dissolution exposure apply.
Related
- How to form an LLC: the national guide (cluster hub)
- How to form an LLC in Wyoming
- Registered agent requirements by state
- How much does an LLC cost?
- Business tax filing
- S-corp vs LLC
- How to dissolve an LLC
- How to get an EIN
- LLC operating agreement
- Business licenses by state
- Legal glossary
Sources
- Wyoming Secretary of State - Business Entities FAQs ($60 minimum or $.0002; anniversary-month due date; dissolution after 60 days).
- Wyoming Secretary of State - Annual Report License Tax Worksheet Rules (PDF).
- Wyoming Secretary of State - Annual Report Worksheet (PDF; not a public record).
- Wyoming Secretary of State - Business Filing Fees.
- Wyoming Secretary of State - Annual Reports.
- Wyoming Secretary of State - LLC Articles of Organization (PDF).
- Wyoming Legislature - Wyoming Statutes Title 17, Corporations, Partnerships and Associations (PDF).
- Wyoming Department of Revenue - Sales and Use Tax.
- Wyoming Department of Revenue - Income Tax (no state income tax).
- IRS - Limited Liability Company (LLC).
- IRS - Get an Employer Identification Number (free EIN).
- Cornell Legal Information Institute - Franchise tax.
LegalGlass provides general information for educational purposes and is not legal advice, is not a law firm, and is not a substitute for advice from a licensed attorney or tax professional. Laws, fees, and thresholds change; verify current amounts with the Wyoming Secretary of State and the Wyoming Department of Revenue before acting.