Wyoming Annual Report Guide — LLC $60/Year Minimum Maintenance
Everything you need to know about the Wyoming annual report: fee calculation, filing steps, deadlines, and what happens if you miss it.
Key Takeaways
- Wyoming annual report fee is $60/year minimum (one of the lowest cost states)
- Fee based on Wyoming assets: $60 or $0.0002 x assets, whichever is greater
- Deadline: first day of the anniversary month of your formation
- 60 days late = administrative dissolution
- Can file up to 120 days early
What Is the Wyoming Annual Report?
The Wyoming annual report is a mandatory filing required to maintain your LLC's Good Standing with the Wyoming Secretary of State. Every LLC, corporation, and other business entity registered in Wyoming must file it each year.
The annual report fee is $60 minimum for most LLCs. Since the fee is based on Wyoming assets (not total business assets), and most remote/foreign-owned LLCs hold no assets in Wyoming, you will almost certainly pay the $60 minimum.
Key difference from Delaware: Wyoming does not have a separate franchise tax. The annual report fee ($60) is your only annual obligation to the state. Delaware charges $300/year for LLCs.
Fee Calculation
The Wyoming annual report fee is calculated using a simple formula based on your assets located in Wyoming.
Formula
Fee = MAX($60, $0.0002 x total Wyoming assets)
Breakeven point: $300,000 in Wyoming assets. Below that, you pay $60.
Examples
| Wyoming Assets | Calculated Fee | You Pay |
|---|---|---|
| $0 (no WY assets) | $0 | $60 (minimum) |
| $200,000 | $40 | $60 (minimum) |
| $300,000 | $60 | $60 |
| $1,210,000 | $242 | $242 |
WY Assets: $0 (no WY assets)
Calculated: $0
You Pay: $60 (minimum)
WY Assets: $200,000
Calculated: $40
You Pay: $60 (minimum)
WY Assets: $300,000
Calculated: $60
You Pay: $60
WY Assets: $1,210,000
Calculated: $242
You Pay: $242
Additional Notes
- 2.4% credit card processing fee for online payment (minimum $1)
- Nonprofits pay $25 instead of $60
- Statutory trusts pay $100
How to File — Step by Step
Wyoming's annual report can be filed entirely online. The process takes about 5 minutes.
Look up your Filing ID
Go to Wyoming Business Filing Search and search for your company name to find your Filing ID.
Go to the Annual Report Wizard
Enter Filing ID
Enter your Filing ID on the wizard page and click Next. Review your company information and update if needed.
Pay $60 by credit card
Complete payment by credit card. A 2.4% processing fee applies (minimum $1).
Download your receipt
Your filing is processed immediately. Download the receipt and save it for your records.
Deadlines
Your annual report deadline is based on when your LLC was formed, not the calendar year.
How It Works
Your report is due on the first day of the month in which your LLC was originally formed.
Example: If your LLC was formed on May 15, 2025, your first annual report is due May 1, 2026. Then May 1, 2027, May 1, 2028, and so on.
Early Filing
You can file your annual report up to 120 days before the deadline. Filing early is recommended to avoid last-minute issues. There is no advantage to waiting until the due date.
Late Filing Consequences
Wyoming takes late filings seriously. The consequences escalate quickly.
Day After Due Date
Your entity becomes delinquent. You can still file, but you are officially past due.
60 Days Late
Your entity is administratively dissolved. It ceases to exist as a legal entity in Wyoming.
Reinstatement
- Reinstatement is possible within 2 years of dissolution only
- After 2 years, the entity is permanently gone — you must form a new LLC
- You must pay all missed annual reports plus a reinstatement fee
Why Wyoming Is the Best Value
Wyoming consistently ranks as one of the best states for foreign-owned LLCs. Here is why.
Wyoming Advantages
- $60/year vs Delaware $300/year — save $240 annually
- No state income tax
- No franchise tax beyond the annual report fee
- Strong privacy — no public member or manager names
- No operating agreement filing requirement
- Simple online filing — processed immediately
Best For
Solo developers, small teams, freelancers, and digital nomads. If you do not need Delaware's Court of Chancery or VC-friendly corporate structure, Wyoming gives you everything you need at a fraction of the cost.
FAQ
What if I miss the deadline?
File immediately. You have a 60-day grace period before administrative dissolution. After dissolution, reinstatement is possible within 2 years only — after that, the entity is permanently gone.
Can my registered agent file for me?
Yes, many registered agents offer annual report filing as an add-on service for an additional fee. However, filing yourself takes about 5 minutes online and saves you the extra cost.
When does the filing take effect?
Online filings are processed immediately. Your Good Standing is updated as soon as payment is confirmed.
Can I file early?
Yes, you can file up to 120 days before your deadline. There is no advantage to waiting — filing early ensures you do not miss the deadline.
Pro Tip: Set a calendar reminder for 2 months before your anniversary date. Since you can file up to 120 days early, this gives you plenty of time to complete the filing without rushing. For example, if your LLC was formed in June, set a reminder for April 1.