Why Wyoming is popular with online founders
Wyoming has become a common choice for founders who sell online, work as freelancers or run a software business without an office in any particular U.S. state. Forming the company is a single filing, and the yearly state cost is low. That makes Wyoming LLC formation attractive to non-resident founders, including many in Turkey.
What a Wyoming LLC does not do is remove your federal obligations. The IRS filings for a U.S. LLC are the same whichever state you choose, and missing them is far more expensive than any state fee. We are a bookkeeping and tax firm in New Jersey, so we form the LLC with those filings already on the calendar, and we work with founders in the U.S. and abroad fully online. SolutionHub is a private firm, not a government agency, and Wyoming state fees are paid to the state separately from our fee.
What our Wyoming LLC service includes
Articles of Organization
We check name availability, prepare the Articles of Organization and file them with the Wyoming Secretary of State. The state filing fee is currently $100 (Wyoming business filing fee schedule). Wyoming requires every LLC to maintain a registered agent that meets state law; we arrange the agent as part of the filing, and our registered agent page explains what the agent does.
EIN from the IRS
The LLC needs an EIN for banking, payment platforms and tax filings. If you live outside the U.S., the IRS online EIN application is not available, so we file by fax or mail through our EIN application service. The IRS does not charge for an EIN.
Operating agreement
Wyoming does not require you to file an operating agreement, but banks and platforms often ask for one. Drafting it is legal work, so we can refer you to an attorney for your operating agreement.
What we need from you
For most Wyoming LLCs we need a copy of each owner’s passport or ID, a home address (a foreign address is fine), two or three name options, the ownership percentages and a short description of what the business does. Everything is shared and signed online, and meetings take place by video at a time that suits your time zone.
Wyoming annual report and license tax
According to the Wyoming Secretary of State’s What’s Next guide, every Wyoming LLC files an annual report on or before the first day of its anniversary month, starting on its first anniversary. With the report it pays a license tax of currently $60, or two-tenths of one mill on the dollar ($0.0002) of the company’s assets located and employed in Wyoming, whichever is greater. For most online LLCs with no assets in the state, that means the minimum. Wyoming sends reminders by email, so we also keep the date on your compliance calendar.
Wyoming vs. Delaware vs. New Jersey
- Wyoming usually suits a small online LLC with no office, staff or inventory in any one state. The yearly state cost is low.
- Delaware usually suits a company planning to raise venture capital, typically as a C corporation. Its annual LLC tax is currently $400. See Delaware LLC formation.
- New Jersey usually suits a business that actually operates here. A Wyoming LLC with an office, employees or a shop in New Jersey generally has to register in New Jersey as a foreign LLC too, so you end up paying both states. In that case a New Jersey LLC is simpler.
Our business formation overview shows how the options fit together, and our guide to the best state for an LLC if you live outside the U.S. compares 2026 fees and yearly filings. If you are unsure, the free consultation is the place to decide.
After formation: Form 5472, taxes and bookkeeping
A Wyoming LLC owned by one foreign person is treated as a disregarded entity and must file Form 5472 attached to a pro forma Form 1120 each year, even with no income. The IRS penalty for not filing starts at $25,000. Our Form 5472 filing service handles it every year. Clean monthly bookkeeping from the first month makes that filing and any future tax return straightforward.
What we don’t do: we do not open U.S. bank accounts, provide U.S. addresses or mail forwarding, or set up Stripe, PayPal or Amazon seller accounts. We do prepare the formation documents and EIN letter those providers usually ask for.
Your fee is fixed and agreed before work starts. Book a free consultation to start your Wyoming LLC.