How Long Does It Take To Form An LLC In Wyoming? (Guide)
If you want to start a business in Wyoming, understanding the formation timeline is critical to launching your venture on schedule.
After helping over 40 clients navigate Wyoming LLC formations in the past 5 years, I've identified exactly which factors speed up or delay the process of forming an LLC in Wyoming.
If you prefer professional assistance, an LLC service in Wyoming can ensure your documents are submitted correctly the first time, avoiding costly delays from rejected filings.
In this article, you'll learn exactly how long Wyoming LLC formation takes using different filing methods and what factors can extend your timeline.
Quick Summary
- For the fastest processing of your application, I recommend filing online through the Wyoming Secretary of State's portal, which provides instant approval.
- Once the LLC is approved, the Wyoming Secretary of State will issue a Certificate of Organization and the LLC will be officially formed and ready to conduct business.
- Wyoming handles over 500,000 business filings annually, including LLC formations, amendments, and annual reports, making it one of the fastest-growing business states per capita [1].
- In my opinion, the simplicity and speed of Wyoming's LLC formation process significantly enhance the state's appeal as a prime location for new business ventures.
What is The Fastest Way to start an LLC in Wyoming?
The fastest way to start an LLC in Wyoming is by filing through the state's online portal. The processing is instant—you receive approved documents immediately after submission and payment.
In my experience, you must create an account using your business name, a valid email address, and credit card details. You will need to pay the filing fee of $100 for online submissions before you can complete the process.
LLC Processing Time in Wyoming
The following are the LLC processing times for different filing methods in Wyoming. Expedited processing by mail is not currently offered in the state of Wyoming. Based on experience, the documents are filed in the order that they were received [2].
1. Non-Expedited Wyoming LLC Processing Time By Mail (10-15 business days plus mail transit time)
You can mail your LLC formation documents to the Wyoming Secretary of State's office. Non-expedited mail filing takes 10-15 business days for processing, plus additional time for documents to be delivered by mail. Make sure to include all the necessary information, such as the following:
- Name of your business entity
- The address of your business
- Registered agent’s contact information
- Signature of an authorized person
2. Wyoming LLC Processing Time Online (Immediate Processing)
In my experience, LLC online processing is the quickest way to file, process and approve your application for an LLC in Wyoming, since it is processed immediately. See our article for the exact cost of an LLC in Wyoming.
Factors Influencing the Formation Timeline of Wyoming LLCs
While the process is extremely fast, it may take longer due to several factors.
"The average time to form an LLC in Wyoming is 10-15 days; however, this duration can extend due to various factors including application timing (such as weekends and holidays), seasonal periods, and incomplete or inaccurate documentation."
-Jon Morgan, Co-Editor & Co-Founder of Venture Smarter
Let's examine three most common factors in detail:
- Documents: The processing time may be extended if the documents submitted contain inaccurate information or lack necessary details. It may take another 15 days to file and process a Statement of Correction [3].
- Time of year: Applying for an LLC in Wyoming may be prolonged if you file at the beginning or the end of the year due to the large volume of documents the state has to process during this time. To avoid delays, I always advise clients to file when annual reports or tax deadlines are not due for other limited liability companies.
- Weekends and holidays: Since government agencies do not typically conduct business on weekends and holidays, your LLC application may take longer to process if you filed just before the weekend or during the holiday season.
Despite these potential delays, Wyoming's business-friendly environment has led to the opening of 3,239 establishments between March 2021 and March 2022, as reported by the US Small Business Administration [4].
FAQs
Where Can I Check the Status of My Wyoming LLC Formation During the Processing Period?
You can check the status of your Wyoming LLC formation during the processing period by contacting the Secretary of State or checking the online platform.
Can a Registered Agent Expedite the Process of Forming an LLC in Wyoming?
No, a registered agent cannot expedite the process of forming an LLC in Wyoming because the process is determined by the Secretary of State's office.
What Can I Do After Formation Of My Wyoming LLC?
After formation of your Wyoming LLC, obtain a federal employer identification number from the IRS, open a business bank account, and draft an LLC operating agreement. Verify your Wyoming registered agent has your mailing address and store your articles of organization securely.
References:
- https://wyoleg.gov/InterimCommittee/2023/07-202308248-01SoS-DouglasJointCorps.pdf
- https://sos.wyo.gov/forms/business/llc/llc-articlesorganization.pdf
- https://sos.wyo.gov/Forms/Business/LLC/LLC-StatementCorrection.pdf
- https://advocacy.sba.gov/wp-content/uploads/2023/11/2023-Small-Business-Economic-Profile-WY.pdf
