New Federal Requirement: Starting January 1, 2024, most business entities in the US will need to report Beneficial Ownership Information.

Answers

Running costs for Wyoming LLC

Asked by: clevercloggs  — 27 September, 2011

Hello, I would like to get a more definite idea about the yearly running/maintenance costs of having an LLC in Wyoming. I understand you need

1. a registered agent which you provide for $99
2. filing of annual report which you provide for $59; does this include or exclude the state fee which in the case of Wyoming is $50 if I remember correctly?

What about bookkeeping/accounting is this provided under your “filing” fee or is that a seperate service I will have to take care of.

Are there any other yearly costs I may have missed? Please give me a definite list of the yearly costs of maintaining an LLC in Wyoming for a non-US citizen.

Thanks in advance for your answer as well as for being such a fantastic resource.

Regards

Answered by: admin  — 27 September, 2011

Dear Visitor,

Your estimates are correct, the maintenance of a Wyoming company would cost you $99 (registered agent fee) + $52 (Annual report fee when filed online). If you choose to hire our service it would be $59 fee for filing the annual report. Our fee is standard for all states, however I want to note that Wyoming annual reports are not complicated and could be very well completed by the owner of the business.

As far as accounting/bookkeeping fees go it really depends on your choices – you could do your own bookkeeping and file a tax return, however it is recommended to hire a professional CPA to handle this part of the business. You could find a CPA who would do both for a reasonable fee (I would say ranging from ~$500 for a simple tax return to ~$2000 for a full service bookkeeping and tax return).

Ask Incorporation Question
Please enter your full name
Please enter your email address
Please select your phone number
Please select
Please enter text message
Begin Web-Stat code v 6.0