Wyoming Annual Report: Everything You Need to Know

If you own a Wyoming LLC, keeping up with your Wyoming Annual Report is required and needed to maintain your business’s good standing with the state of Wyoming. Failing to file on time can lead to penalties and even administrative dissolution. This guide will walk you through everything you need to know about the Wyoming LLC Annual Report, including where to file, how to file, costs, due dates, and consequences of non-compliance.

What Is the Wyoming Annual Report?

The Wyoming LLC Annual Report is a required filing that keeps the state updated on your company’s status. Unlike some states that require detailed financial reports, Wyoming’s Annual Report primarily serves as a way for the state to collect the annual license tax based on your company’s assets located in Wyoming.

Where and How to File the Wyoming Annual Report

Filing your report is a straightforward process. The Wyoming Secretary of State handles all annual report filings, which can be submitted online or by mail.

Online Wyoming Annual Report Filing

The easiest and fastest way to file is through the Wyoming Secretary of State’s website:

1. Go to the Wyoming Secretary of State’s Business Center.
2. Enter your business name or filing ID to locate your LLC.
3. Follow the prompts to complete the report.
4. Pay the annual license tax using a credit card.
5. Submit the report and keep a copy for your records.

Filing Wyoming Annual Report by Mail

If you prefer to file by mail, you can download the Annual Report form from the Wyoming Secretary of State’s website:

1. Fill out the required business information.
2. Calculate and include the annual license tax payment.
3. Mail the completed form and payment to the Wyoming Secretary of State.

The mailing address for the Wyoming Secretary of State’s office is:

Wyoming Secretary of State Herschler Building

East 122 W 25th St, Suite 100 Cheyenne, WY 82002

What’s on the Wyoming LLC Annual Report?

The information required on the Wyoming Annual Report is minimal compared to other states. Here’s what you need to provide:

• LLC Name – Your company’s official name as registered with the state.
• Filing ID – Your unique business identification number.
• Asset Value in Wyoming – The total value of business assets located in Wyoming, used to calculate the annual license tax.

How Much Does the Wyoming Annual Report Cost?

The cost of filing your report is based on your LLC’s assets in Wyoming. The minimum fee is $60, calculated as $0.0002 per dollar of assets located in Wyoming. Here’s how it works:

• If your business has $300,000 or less in Wyoming-based assets, you pay the minimum $60 fee.
• If your business has more than $300,000 in Wyoming-based assets, you pay $0.0002 per dollar of assets.

For example:

• If your business has $500,000 in assets, your annual fee would be $100 (500,000 x 0.0002).
• If your business has $1,000,000 in assets, your annual fee would be $200.

Wyoming Annual Report Due Date

The Wyoming Annual Report is due on the first day of the anniversary month in which your LLC was formed. For example, if you registered your LLC on June 15, your Annual Report is due June 1 every year.

What Happens If You Don’t File the Wyoming Annual Report?

Failing to file your annual report can lead to serious consequences:

• Administrative Dissolution – If you don’t file within 60 days after the due date, the Secretary of State may administratively dissolve your LLC.
• Reinstatement Costs – If your LLC is dissolved, you must file for reinstatement and pay all back fees, penalties, and additional reinstatement costs.
• Loss of Legal Protections – If your LLC is dissolved, you could lose the liability protections that separate your business from your personal assets.

How to Reinstate a Wyoming LLC After Administrative Dissolution

If your Wyoming LLC is dissolved due to non-filing, you can reinstate it by:

1. Filing all past-due Annual Reports
2. Paying all outstanding fees and penalties
3. Submitting a reinstatement application

Once reinstated, your LLC will regain its good standing with the state.

Tips to Avoid Missing the Wyoming Annual Report Deadline

To ensure you never miss your Wyoming Annual Report deadline, follow these tips:

• Set a Reminder – Mark your LLC’s anniversary month in your calendar.
• Use a Registered Agent Service – Many Wyoming Registered Agents provide Annual Report reminders and filing assistance.
• File Early – Don’t wait until the last minute—file as soon as the report becomes available.

Conclusion

Filing your LLC Annual Report is a simple but crucial task to keep your business in good standing. The process is easy, whether you choose to file online or by mail. The minimum cost is $60, but it varies based on the value of your business assets in Wyoming. Since the state does not send reminders, it’s your responsibility to remember the annual filing deadline. Failing to file can result in penalties and even administrative dissolution, so staying on top of this requirement is essential for keeping your Wyoming LLC active and legally compliant.

By following the steps outlined above, you can ensure your Wyoming Annual Report is filed correctly and on time every year. Order with Legal Formation LLC and always have your annual report filed on time!