How to Start a Business in Wyoming: Step-by-Step Checklist for 2025

Thinking about starting a business in Wyoming? You’re not alone. Entrepreneurs love Wyoming because it’s one of the most business-friendly states in the U.S.—with no corporate income tax, no personal income tax, and simple filing requirements.

But while Wyoming makes things easier than most states, there’s still a checklist of legal, tax, and compliance steps you can’t skip. If you want to launch your business smoothly, this step-by-step guide will walk you through exactly what to do in 2025.

Step 1: Choose Your Business Structure

The first decision is what type of business you’ll form:

• LLC (Limited Liability Company)—the most popular in Wyoming. Protects your personal assets and has flexible tax treatment.

• Corporation—good for startups that plan to raise venture capital.

• Sole Proprietor / Partnership—simplest but no liability protection.

Tip: Most small businesses choose an

because it’s affordable, easy to maintain, and comes with strong liability protection.

Step 2: Pick and Reserve a Business Name

• Use the Wyoming SOS Business Portal to check if your name is available.

• Your name must be unique and meet Wyoming’s naming requirements.

• You’ll also need to designate a registered agent with a Wyoming physical address (can be you or a registered agent service).

Step 3: File Formation Documents

• LLC → File Articles of Organization

• Corporation → File Articles of Incorporation

This is done online through the Wyoming Secretary of State. Filing fees are typically $100 online.

Once approved, you’ll receive official confirmation that your business entity is recognized.

Step 4: Get an EIN (Employer Identification Number)

Even if you don’t plan to hire employees, most businesses need an EIN to:

• Open a business bank account

• File taxes

• Apply for permits

Apply for free at IRS.gov. It only takes a few minutes online.

Step 5: Register for Sales & Use Tax (If Needed)

• Wyoming has a 4% state sales tax, plus additional county/municipal taxes (up to about 6% total).

• If you sell taxable goods/services, you’ll need a Sales & Use Tax License from the Wyoming Department of Revenue.

• The one-time license fee is about $60.

• File through the WYIFS Portal.

Even if your business is online,

may apply if you exceed $100,000 in Wyoming sales or 200 transactions in a year.

Step 6: Check Local Licenses & Permits

Wyoming doesn’t issue a universal state business license, but your city or county might require one.

Examples:

• Food business → Health department permit

• Construction → Contractor license

• Professional services → Check your state licensing board

• Brick-and-mortar shop → Zoning & signage permits

Always contact your local County Clerk’s Office for requirements.

Step 7: Employer Requirements (If Hiring)

If you plan to hire employees, register with:

• Wyoming Department of Workforce Services for unemployment insurance

• Workers’ compensation (depending on your industry)

Don’t forget to follow federal rules: I-9 employee verification, payroll tax deposits, etc.

Step 8: File Annual Report & License Tax

Every Wyoming business entity must file an annual report with the Secretary of State.

• Due each year on the first day of your anniversary month.

• Fee: $60 minimum or $0.0002 per dollar of Wyoming assets.

• File online via the SOS portal.

Common Mistakes to Avoid

• Forgetting to file zero sales tax returns (penalties still apply).

• Skipping local licenses (even small towns may require them).

• Not maintaining a registered agent (your company can be dissolved).

• Missing your annual report deadline.

Make It Easy With a Wyoming Startup Kit

Feeling overwhelmed? Don’t worry—I put everything into a printable Wyoming Small-Business Startup Kit (PDF) that walks you through each step with checklists, tax notes, forms, and links.

Get it here:

This kit includes:

• Quick Action Checklist

• Detailed step-by-step startup actions

• Sales & Use Tax breakdown

• Licenses & permits guide

• Annual report & license tax reminders

• Sample forms checklist

• Official links (SOS, WYIFS, IRS, Workforce Services)

Print it, check items off as you go, and launch your Wyoming business with confidence.

Final Thoughts

Wyoming is one of the easiest states to start a business—but you still need to stay organized. By following this checklist, you’ll cover all the bases from legal filings to taxes.

Whether you’re starting a one-person LLC or building a growing company, having a clear roadmap is the key to success.

Welcome to the Cowboy State—and good luck with your new venture!