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Start a Business in Wyoming

Costs, permits, taxes, and requirements for WY.

Cost rank
22nd of 50
94% of the national average · tied with 2 other states
State income tax
None
One of 9 states with none — federal tax still applies
Sales tax
4%
You collect it on taxable sales and remit it to the state
LLC filing fee
$100
One-off, paid to the Secretary of State · 18th cheapest of 50 (median $100)

Where Wyoming sits on cost

Cheapest third to most expensive third, by startup cost index. Hover a state for its index and rank.

WY Lower cost Mid Higher cost

What's different in Wyoming

Wyoming is cheap to open and cheap to keep open, which is why so many out-of-state owners register here, but registering here does not move the work. A business operating in another state registers and pays there too, and the Wyoming filing sits on top of that rather than replacing it. For a business that genuinely operates in Wyoming the binding constraint is the market: the smallest population in the country, towns far apart, and a service business either serving one small town or driving between several.

Registering here is not relocating
Work performed in another state is registered and taxed there. The Wyoming entity does not change that.
Thin, spread-out market
Fewer customers within range and long drives between them, so travel time is a line in the price.
Annual report scales with assets
The yearly filing is tied to assets held in the state, with a low floor for a small operation.
Tourist seasons
Near the parks a large share of the year's revenue arrives in a few months and the rest of the year is quiet.

Business Guides for Wyoming

All 53, cheapest first. Ranges are what that business actually costs in WY.

Under $10K 22

$10K – $50K 16

$50K and up 15

Get a personalized cost estimate for Wyoming

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Business Requirements in Wyoming

1

Register Your Business

File with Wyoming Secretary of State. LLC fee: $100

2

Get Business License

Most cities require a general business license ($50-$300).

3

Get EIN

Free from IRS. Required for bank accounts and taxes.

4

Register for Sales Tax

State rate: 4%. Local taxes may apply.

5

Get Business Insurance

General liability protects from lawsuits. Often required by landlords.

Frequently Asked Questions

Q.01 How much does it cost to start a business in Wyoming?
Startup costs in Wyoming are 6% lower than the national average. LLC filing costs $100, plus business license ($50-$300). Total varies by business type.
Q.02 Does Wyoming have income tax?
Wyoming has no state income tax, making it attractive for business owners.
Q.03 What is the sales tax in Wyoming?
The state sales tax in Wyoming is 4%. Local taxes may apply.
Q.04 How do I form an LLC in Wyoming?
File Articles of Organization with the Secretary of State (fee: $100). You'll also need an Operating Agreement and EIN from the IRS.

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