What the Wyoming annual report actually is
The "annual report" is Wyoming's once-a-year proof that your LLC still exists and still has a registered agent in the state. It is not a tax return, not an accounting filing, and not connected to the IRS. It is a state-level compliance document filed with the Wyoming Secretary of State, Business Division.
Two things happen when you file it:
- You confirm (or update) your registered agent and principal office address.
- You pay the annual report license tax - a flat $60 for the overwhelming majority of LLCs.
Wyoming deliberately keeps this simple. There is no state income tax, no franchise tax in the Delaware sense, and no required member disclosure on the public report. According to the Wyoming Secretary of State, the license tax is "$60 or two-tenths of one mill on the dollar ($.0002) of assets located and employed in Wyoming, whichever is greater" (sos.wyo.gov, Business FAQs).
For a non-resident founder whose entire business runs online - software, agency work, Amazon FBA inventory stored in other states, consulting - almost nothing is "located and employed in Wyoming." That means the asset-based calculation produces a number below $60, so you pay the $60 floor. Wyoming itself confirms that entities with $300,000 or less in Wyoming-located assets pay only the $60 minimum (wyobiz.wyo.gov, Annual Report).
The deadline: first day of your anniversary month
This is the single most misunderstood part, so be precise.
Your report is due on the first day of the month in which your LLC was originally formed - not on the formation date itself, and not December 31.
| If you formed on... | Your annual report is due... |
|---|---|
| May 15, 2025 | May 1 every year after (first due May 1, 2026) |
| January 3, 2026 | January 1 every year |
| October 28, 2025 | October 1 every year |
| February 14, 2026 | February 1 every year |
The Wyoming Secretary of State states the rule directly: "Annual Reports... are due on the first day of the anniversary month of formation. For example, if your initial filing date is May 15, your Annual Report is due May 1 of each year" (wyobiz.wyo.gov).
Wyoming lets you file early - the portal opens the filing window well ahead of the due date, so there is no penalty for filing weeks early. There is, however, a real penalty for filing late.
Step-by-step: how to file online
The entire process takes 5–10 minutes for a typical non-resident LLC with no Wyoming assets. You do not need a US address, US phone number, or US bank card - a foreign Visa/Mastercard works.
- Go to wyobiz.wyo.gov. This is the official Wyoming Business Division portal. Bookmark it; do not file through a random third-party "filing service" charging a markup.
- Open the Annual Report wizard. Choose "File Annual Report" / "Annual Report" from the business filings menu (the direct path is the Annual Report Wizard at wyobiz.wyo.gov/Business/ARWizard.aspx).
- Find your LLC. Search by exact LLC name or by your Wyoming Filing ID (assigned at formation and permanent - use this if your name changed). Select your entity.
- Confirm the registered agent. This is pre-filled. If you formed and renewed with WyomingLLC, your registered agent is our Wyoming address - leave it as-is. Only change it if you switched agents.
- Confirm the principal office and mailing address. Update if anything changed. A non-US home address is acceptable here.
- Confirm or complete the asset figure. The wizard asks for the value of assets located and employed in Wyoming. For most non-resident operating LLCs this is $0 (your laptop, your customers, and your inventory are not in Wyoming). The system then applies the $60 minimum.
- Sign electronically. Type your name as the authorized person. No notarization, no wet signature.
- Pay. Visa or Mastercard credit/debit. Online filings carry a small convenience fee (minimum $2.25, scaling with the total) on top of the $60 (wyobiz.wyo.gov). Budget roughly $62–$69 all-in.
- Save the confirmation. You receive an emailed receipt and a filed-stamped report. Keep the PDF - banks and payment processors occasionally ask for a current "certificate of good standing" or proof of active status, and your filed annual report is the cleanest evidence.
That is it. No mailing, no forms to print, no Wyoming visit.
What to have ready before you start
The filing is fast only if you are not hunting for details mid-wizard. Gather these four things first and the whole thing is genuinely under ten minutes:
- Your exact LLC name or Wyoming Filing ID. The Filing ID is the more reliable lookup because it never changes; the name lookup fails if you typo a comma or "LLC" suffix. Your Filing ID is on your Articles of Organization confirmation.
- Your registered agent's name and Wyoming address. Pre-filled if you formed in the portal, but confirm it matches your current agent. If you switched agents and the portal still shows the old one, fix it here.
- Your current principal and mailing address. A non-US address is fine. If you moved since last year, update it now so state mail and any good-standing correspondence reach you.
- A Visa or Mastercard that works internationally. The portal does not accept PayPal, ACH, or wire; it is a card-only checkout. Tell your bank a US charge is coming if your card blocks unexpected foreign merchants.
Having these in front of you removes the only real friction in the process - stopping mid-filing to dig up a number.
Filing by paper, if you cannot file online
Almost everyone should file online, but Wyoming does accept a paper annual report by mail, which is occasionally necessary - for example, if your LLC holds more than $300,000 of Wyoming-located assets (those returns sometimes must be paper-filed) or if the online wizard rejects your entity for a data mismatch. The mail path is: generate or download the annual report form from wyobiz.wyo.gov, complete the registered-agent and asset sections by hand, enclose a check or money order for the license tax payable to the Wyoming Secretary of State, and mail it to the Business Division in Cheyenne. The trade-off is time: a mailed report can take a couple of weeks to post versus the instant confirmation you get online, so file paper well ahead of your due date, not in the final week. For a typical non-resident with no Wyoming assets, none of this applies - the online $60 path is the route.
The license tax math, in plain numbers
The license tax exists to scale with how much real economic presence you have inside Wyoming. The formula is:
License tax = greater of ($60) or (Wyoming-located assets × 0.0002)
Worked examples:
| Wyoming-located assets | Calculated amount | You pay |
|---|---|---|
| $0 (typical non-resident online LLC) | $0 | $60 |
| $100,000 | $20 | $60 |
| $300,000 | $60 | $60 |
| $500,000 | $100 | $100 |
| $2,000,000 | $400 | $400 |
The crossover point is $300,000 of Wyoming assets - below that the $60 floor always wins. A non-resident running a SaaS, agency, dropshipping, or consulting business will essentially never have $300,000 of property physically sitting in Wyoming, so the $60 is what you should plan for indefinitely. This is dramatically cheaper than California's $800 annual franchise tax or the asset-based franchise taxes in some states, and it is one of the structural reasons Wyoming is a default pick for non-US founders.
What happens if you miss the deadline
Wyoming's enforcement is automatic and unforgiving once the clock runs out.
- Day 1 to day 60 past due: Your LLC is flagged delinquent. You can still file by paying the back license tax (no separate "$50 late penalty" line in the current wizard - the cost is the unpaid license tax plus convenience fee, and good standing is restored on filing).
- Day 60+ past due: Wyoming administratively dissolves your LLC. The Secretary of State is explicit: "If the annual report is not filed within sixty (60) days following the due date, the entity will be administratively dissolved" (wyobiz.wyo.gov).
A dissolved LLC is a serious problem, not a paperwork footnote:
- It loses its legal existence and liability shield. Contracts signed by a dissolved entity are exposed.
- Mercury, Relay, Stripe, and PayPal can freeze or close accounts when they detect that the underlying entity is no longer in good standing.
- Your business name protection lapses and can be taken by another filer.
Reinstating a dissolved Wyoming LLC
If you were dissolved for failure to file, reinstatement is possible - within the last two years and with no other delinquencies, it can be done online or by generating mail-in reinstatement forms (wyobiz.wyo.gov). You will need to:
- File every missed annual report.
- Pay all outstanding license taxes for the missed years.
- Pay a $100 reinstatement fee (plus the online convenience fee).
Processing typically takes a handful of business days. The math is simple: reinstatement costs you the $100 fee plus back taxes plus days of frozen banking. Filing on time costs $60. Set a calendar reminder.
Common filing mistakes to avoid
After watching founders file year after year, the same handful of avoidable errors recur. Knowing them in advance saves a re-file or a frozen account:
- Overstating Wyoming-located assets. The asset figure is only property physically located and employed in Wyoming - not your global balance sheet, not your bank balance, not your inventory in an Amazon warehouse in another state. Founders who enter their total worldwide assets accidentally inflate the license tax and overpay. For a typical online business the honest number is $0, and $0 yields the $60 floor.
- Filing through a third-party "service" portal. Search results surface look-alike sites that file your report for you at a markup or simply resell the public form. The only official site is wyobiz.wyo.gov. You do not need an intermediary to pay $60.
- Using the anniversary date instead of the anniversary month. A founder who formed on May 15 sometimes waits until May 15 to file, not realizing the due date is May 1. It is a two-week trap that can tip a late filer toward the delinquency window.
- Letting a lapsed card silently fail the payment. The wizard does not file the report until payment clears. A declined foreign card mid-checkout means the report is not filed, even though you walked through every screen. Always confirm you received the emailed receipt.
- Forgetting after switching registered agents. If you changed agents, the portal may still show the old one. Filing without correcting it can leave you with an agent who no longer represents you - a separate path to dissolution. Confirm the agent line every year.
None of these are exotic; they are simply the friction points that turn a ten-minute task into a re-file. A quick read of this list before you start avoids all of them.
Non-resident angle: the annual report is the easy part
Here is the trap that catches first-year non-US founders. The Wyoming annual report is a state filing. It has nothing to do with your US federal obligations, and the federal side is where the expensive penalties live.
You almost certainly also owe Form 5472 + a pro forma Form 1120 to the IRS. Since tax years beginning on or after January 1, 2017, a foreign-owned US single-member LLC treated as a disregarded entity must file Form 5472 (with a pro forma 1120) for every year it has any "reportable transaction" with a related party - and capital contributions from you, the owner, count (IRS, About Form 5472). You must file even with zero income (IRS, Instructions for Form 5472).
The penalty for getting this wrong dwarfs everything in this article. The IRS assesses $25,000 per Form 5472 not filed or substantially incomplete, with an additional $25,000 for each 30-day period the failure continues after IRS notice (IRS, Instructions for Form 5472). For calendar-year LLCs, Form 5472 is due April 15, 2026 for the 2025 tax year (extendable to October 15 with Form 7004), and it cannot be e-filed - it goes by mail or fax to the IRS in Ogden, Utah.
So your real annual compliance stack as a non-resident is:
| Filing | Filed with | Cost | Deadline | Penalty for missing |
|---|---|---|---|---|
| Annual report (license tax) | Wyoming SoS | $60 | First day of anniversary month | Dissolution after 60 days |
| Registered agent renewal | Your agent | Varies | Annual | Loss of agent → dissolution risk |
| Form 5472 + pro forma 1120 | IRS | Prep cost | April 15 (Oct 15 w/ extension) | $25,000+ |
| BOI report (if applicable) | FinCEN | $0 | See note below | Civil/criminal |
A note on the FinCEN Beneficial Ownership Information (BOI) report: this was a major 2024–2025 compliance item, but enforcement against foreign-owned domestic and US companies has been in flux. Confirm your current BOI obligation against FinCEN's BOI page before assuming you do or do not need to file - do not rely on year-old guidance.
The takeaway: the $60 Wyoming report is the smallest, easiest piece. Do not let its simplicity lull you into ignoring the IRS side, which carries a $25,000 floor.
Banking and your annual report
Your business bank - Mercury, Relay, or Wise - does not file your annual report and will not remind you. But these accounts are the first to feel it when you forget.
When an LLC is administratively dissolved, it disappears from the Wyoming Secretary of State's "active entity" database. Compliance systems at fintechs periodically re-screen account holders against state registries. An LLC that flips from "Active" to "Inactive/Dissolved" can trigger an account review, a request for proof of good standing, or, in the worst case, a freeze on outgoing transfers until you reinstate. We have seen founders unable to pay a contractor because a $60 filing slipped.
Practical defense:
- File the annual report 2–4 weeks before the due date, not on the last day.
- Keep the filed PDF in the same folder as your Articles of Organization, EIN letter (CP575), and operating agreement - the documents Mercury/Relay/Stripe ask for during reviews.
- If you renewed your registered agent with WyomingLLC, you also get our reminder cadence so the date never sneaks up.
How WyomingLLC handles this for you
For our customers we send reminders 60, 30, and 7 days before the due date. If you renewed your registered agent with us, we coordinate the filing and confirm your details before submission. And if you would rather never touch the portal, we can file the annual report on your behalf as part of ongoing service. Separately, the harder federal filing - Form 5472 + 1120 - is available as an annual add-on, because that is the filing where mistakes actually cost real money.
Our formation price is $397, all-inclusive, with the Wyoming state fee already included - first-year registered agent, EIN, and bank introductions to Mercury, Relay, and Wise. An ITIN, if you need one, is a separate $297 add-on. See the full offer.
Sources
- Wyoming Secretary of State - Annual Report, Business Division: https://wyobiz.wyo.gov/Business/AnnualReport.aspx
- Wyoming Secretary of State - Business Entities FAQs: https://sos.wyo.gov/faqs.aspx?root=BUS
- IRS - About Form 5472: https://www.irs.gov/forms-pubs/about-form-5472
- IRS - Instructions for Form 5472: https://www.irs.gov/instructions/i5472
- FinCEN - Beneficial Ownership Information: https://www.fincen.gov/boi





