Scanning your connection...
Back to Glossary
Legal

What is Wyoming LLC?

A limited liability company formed in Wyoming, which offers the strongest privacy protections, lowest fees, and most favorable laws for business owners seeking anonymity.

Wyoming is the best state in the US for forming a privacy-focused LLC.

Why Wyoming

  • No ownership disclosure: Members and managers are not listed in public filings
  • No state income tax: Business income is not taxed at the state level
  • Low fees: $100 formation + $52/year annual report (one of the lowest)
  • Strong asset protection: Charging order is the sole remedy for creditors
  • No franchise tax: Unlike Delaware, no tax just for existing
  • Privacy-friendly laws: Legislature actively protects business privacy

Formation Process

  1. Choose a business name (check availability with Wyoming Secretary of State)
  2. Appoint a registered agent with a Wyoming address
  3. File Articles of Organization (use an attorney as organizer for privacy)
  4. Create an operating agreement (private document, not filed with the state)
  5. Obtain an EIN from the IRS
  6. Open a business bank account

Cost

  • Formation: ~$100 (state fee) + attorney/agent fees
  • Annual: $52 (annual report) + registered agent fee
  • Total first year: ~$300-600 depending on service provider

Who Should Form a Wyoming LLC

  • Content creators needing business privacy
  • Online business owners
  • Real estate investors
  • Anyone who has been doxxed or faces harassment
  • Entrepreneurs who value personal privacy

Related Terms

Have more questions?

Use our guided flow to get the right next privacy step for Wyoming LLC.

Open Guided Flow