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How to File Articles of Organization in Wyoming

Articles of Organization

Filing an LLC in Wyoming will take around 15 minutes and cost $100

Besides having a business-friendly environment, Wyoming is a favorite among small-business owners for incorporation because they do not require an annual state income tax filing.

This may be a particularly good option for multi-owner LLCs who will need to file 1065 forms, considering TaxACT charges $35 for the state return each year. If your home state charges significantly for the initial filing and the annual reports, Wyoming might be the next-best option. You can see the cost of each state’s initial fees and annual fees here.

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LLC vs. Sole Proprietorship

It’s finally that time to decide on how you want to setup your business. Maybe this is your first rodeo, or maybe you’re a seasoned “sole prop” veteran who’s wondering what the real benefits would be to starting (or transitioning to) a Limited Liability Company.

First off, let’s break down that name: What does it mean to be “Limited Liability” ?

LLC’s have one real, solid benefit: Their debt is NOT your debt

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