How to File Annual Reports for a Wyoming LLC

Wyoming’s potential tax advantages, strong asset protection laws, and business-friendly environment have made it a top choice for LLC formation. But to keep enjoying these benefits and more, you must meet the state’s compliance requirements.

Wyoming LLCs have several compliance obligations to the Cowboy State, including annual report filings. LLC annual reports contain up-to-date information about your business, confirming that it’s actively operating in Wyoming.

If you want to know how to file an annual report for a Wyoming LLC, read on for a step-by-step guide.

Key Takeaways

• Wyoming requires LLCs to file an annual report by the first day of the anniversary month of their formation.
• You’ll need your LLC’s State Filing ID, updated mailing and principal office addresses, and the total value of in-state assets to complete the filing.
• Wyoming LLCs must pay an annual report license tax that costs $60 or $0.0002, whichever is greater. The total amount for this tax is based on the value of the assets held by your LLC in the state.
• Annual reports can be submitted online or mailed to the Wyoming Secretary of State’s office.
• If a Wyoming LLC fails to file an annual report on time, it’s considered “delinquent.” The entity can be closed if it stays non-compliant.

Prepare the Necessary Information

Before filing your Wyoming annual report, make sure you’ve prepared the following information:

• Your LLC’s State Filing ID (If you haven’t taken note of this ID number, look your business up on the Wyoming Secretary of State’s Filing Search database.)
• The company’s mailing address and primary business address
• Specific financial information to calculate your LLC’s annual report license tax
• Credit or debit card information – The Wyoming Secretary of State accepts credit and debit card payments for online filings.

Check Your LLC’s Addresses

Once you’ve prepared the information needed to file your Wyoming LLC’s annual report, visit the Wyoming Secretary of State’s website. Click “Business E-Filing” and scroll down a bit. When you see the “Annual Report Filing” option, click it to access the Annual Report Wizard.

If you already have your business filing ID, enter it on the box on the current page. Click “Next”—you’ll be directed to another page where you review and change your LLC’s mailing address. Click “Next” after checking the address.

You’ll need to review your principal office address as well. It can be a building’s address, your home address, or another address located in Wyoming or out-of-state. Continue to the next page after reviewing this address.

Finally, check your LLC’s email address. The Wyoming Secretary of State will send annual report filing reminders to this email address. Moreover, you can list other email addresses; just put a semicolon between each email address.

Calculate the Annual Report License Tax 

If your Wyoming LLC manages assets in the state, it must compute and pay an annual report license tax. The current amount for this tax is the greater of $60 or $0.0002.

On the page for the annual report license tax computation, enter the total value of your LLC’s assets. Click “Calculate” to get the appropriate fee, then click “Next.”

A Note on Additional Fees

The Wyoming Secretary of State charges a convenience fee for online annual report filings. This amount is added to your LLC’s annual report license tax and covers all expenses associated with the office’s electronic filing service.

Here’s the list of convenience fees based on the amount of your annual report license tax:

File Your Annual Report

Before submitting your annual report, review it and edit any incorrect information by clicking the relevant section links. When you’re ready to file the annual report, click “Continue” and follow the instructions shown on the next page.

For paper filings, click “Print” to download a PDF copy of your completed annual report.

The Payment & Submission Process

If you’re submitting a Wyoming annual report online:

1. Read the terms and conditions before proceeding. Click the checkbox labeled “Certify” to agree to these terms.
2. Enter your name and email address on the next page. Click “Next.”
3. You’ll see your LLC’s annual report fee and an additional convenience fee on the screen. Click “Start Payment Process.”
4. Enter your credit card or debit card information on the next page. Click “Process.”

The system will process your payment and show your completed annual report afterward.

Alternatively, print the PDF of your annual report and include your signature and name in the document. Mail the report with a check or money order payable to the Wyoming Secretary of State at this address:

Business Division

Herschler Building East

122 West 25th Street

Suite 101

Cheyenne, WY 82002-0020

When to File Your Wyoming LLC Annual Report

You must file your Wyoming LLC annual report by the first day of the anniversary month of your LLC’s formation. For example, if you formed your LLC on March 15th, your annual report is due by March 1st each year.

The Consequences of Non-Compliance

If your Wyoming LLC fails to submit its annual report on time, it’ll be considered “delinquent.” This status takes effect on the second day of the month following the due date of the LLC’s annual report. Continued non-compliance will force state authorities to close your LLC.

A dissolved LLC loses its good standing with Wyoming, creating serious consequences such as disrupted operations, loss of legal protection, and invalid contracts. You can reinstate your business if it has fulfilled its other compliance obligations to the Cowboy State.

Related Resource

Find out why annual reports are important for LLC compliance.

How to Ensure Timely Annual Report Filings

Proactive planning is key to timely annual report filings for Wyoming LLCs. Here’s how your LLC can meet this important requirement without any issues.

• Create a compliance calendar. It should include your LLC’s due date for its annual report and other dates such as tax filing deadlines and local business permit renewal dates.
• Keep your LLC’s basic information up-to-date. Review its current documents and make any necessary changes before filing your annual report.
• Work with trusted experts. Consider hiring a professional business formation specialist or registered agent to help you submit your annual reports on time.

Bonus Resources

• Discover the benefits of registering a business in Wyoming on the NCH blog.
• Watch the video below for great reasons to form a Wyoming LLC.

• Learn how to register as a foreign LLC in Wyoming here.

Frequently Asked Questions

Does an inactive Wyoming LLC need to file an annual report?

An inactive Wyoming LLC doesn’t need to file an annual report. Only registered businesses with the “active” status are required to submit annual reports. You can check your LLC’s current status through the Wyoming Secretary of State’s Filing Search database.

Can I update my LLC’s basic information when completing the annual report?

Yes, you can update your LLC’s basic information when completing the annual report. Generally, the company’s physical addresses and email address can be changed. Other amendments, like updating your registered agent’s information, may require separate filings.

Is Wyoming’s annual report license tax based on revenue?

No, Wyoming’s annual report license tax isn’t based on revenue. This amount is calculated based on the value of an LLC’s assets located in the state. If your LLC owns and manages significant assets, its license tax could exceed the minimum amount of $500.

Will the Wyoming Secretary of State remind me about annual report deadlines?

Yes, the Wyoming Secretary of State will remind you about annual report deadlines. It emails courtesy reminders to businesses 60, 30, and 10 days before their annual report is due. Always check your inbox for emails sent from [email protected].

When do I file a Wyoming LLC annual report?

You file a Wyoming LLC annual report by the first day of the anniversary month of your LLC’s formation. Let’s say you registered the entity on June 30th. By the next year, you must file an annual report by June 1.

How much does the Wyoming SOS charge for annual report filings?

The Wyoming SOS charges a minimum of $60 for annual report filings. If you submit your annual report online, you must pay the calculated license tax with a convenience fee added to it. LLCs with a total annual report license tax exceeding $500 must file their annual report by mail and pay the full amount.

What happens if a Wyoming LLC misses its annual report filing deadline?

If a Wyoming LLC misses its annual report filing deadline, it’ll be considered “delinquent.” The business can file the annual report within 60 days after its original due date. Otherwise, state authorities will close (“dissolve”) the LLC.

Can Wyoming LLCs file their annual report early?

Yes, Wyoming LLCs can file their annual report early. The document can be submitted to the Secretary of State up to 120 days before its actual due date. If you want to avoid delays and keep your LLC in good standing with the state, consider early filing.

What information do I need to complete the annual report?

You’ll need the following information to complete the annual report:

• Your LLC’s mailing address
• The entity’s principal office address
• The LLC’s current email address
• The total value of any business assets located in Wyoming (for the annual report license tax)

How do I check the status of a Wyoming LLC after filing its annual report?

You can check the status of a Wyoming LLC after filing its annual report on the Filing Search database. Alternatively, you can get a Certificate of Good Standing from the Wyoming Secretary of State.

Expert Tips From NCH

1. Set up automated reminders for annual report deadlines. Create 90, 60, 30, and 7-day calendar alerts to ensure that you never miss the filing deadline.
2. File your annual reports on the Annual Report Wizard early. This can help you avoid delays due to high website traffic.
3. Change any outdated information about your LLC before filing its annual report. File any amendments with the Wyoming Secretary of State if needed.
4. Keep all documents related to your business in physical or digital storage. Make sure they’re stored in an accessible area or device.

Start a Legally Compliant LLC Today

Wyoming is one of the U.S. states that requires LLCs to file an annual report every year. You only need to include an LLC’s addresses and the total value of its assets in the report. The latter is used to calculate the company’s annual report license tax, another compliance obligation it must fulfill.

In contrast, Nevada doesn’t add tax to its annual report filing fee. The Silver State doesn’t impose corporate income tax on LLCs, either. You can enjoy these advantages by forming a Nevada LLC with NCH’s help.

Start a Nevada LLC Today

DISCLAIMER: The above material has been prepared for informational purposes only, containing opinions of the provider and is not intended to provide, and should not be relied on for, tax, legal, or accounting advice. Please consider consulting tax, legal, and accounting advisors before engaging in any transaction.