How to registered a foreign LLC in Wyoming? And Benefits of foreign LLC Registration in Wyoming

Introduction

If you own an LLC located outside of Wyoming and want to do business in Wyoming, you must register it as a foreign Wyoming LLC. You accomplish this by submitting an Application for Certificate of Authority. Today in this article we will discuss about “How to registered a foreign LLC in Wyoming?”, and Benefits of foreign LLC Registration in Wyoming.

About Foreign LLC Registration in Wyoming

Wyoming foreign LLCs conduct business in Wyoming but were formed in another state or jurisdiction. To register a foreign LLC in Wyoming, you must submit an Application for Certificate of Authority to Wyoming’s Secretary of State and pay a $150 filing fee. Wyoming state statutes do not define doing business specifically, but in general, any out-of-state LLC with property in the state or making taxable sales to Wyoming residents should register as a foreign LLC. Paying employees in Wyoming, bidding on contracts in Wyoming, or applying for a professional license in Wyoming are all indications that your LLC should be registered as a Wyoming Foreign LLC.

Benefits of foreign LLC Registration in Wyoming

• Wyoming has no state taxes on LLCs that operate in the state.
• There are few obligations in terms of reporting and disclosing the core facts of the business.
• There are no state fees for business licenses or other filing fees in Wyoming.
• Wyoming takes a flexible approach to capitalization, shareholders, directors, and company shares.
• It is not necessary to have a principal place of business in Wyoming to register a corporation or an LLC.
• Furthermore, having a Wyoming residency permit is not required for Shareholders, Officers, or Directors.

How to registered a foreign LLC in Wyoming?

• Certificate of Good Standing

The Wyoming Secretary of State requires you to include a Certificate of Existence from your home state—the state or country where you formed your LLC for the first time. Your home state may have a different name for the required document, which is frequently referred to as a Certificate of Status or Certificate of Good Standing. All of these documents attest to the fact that your LLC was formed and is still active in your home state. This document must be attached to your completed Certificate of Authority in Wyoming. A Certificate of Existence can be obtained online in many states for a fee ranging from $0 to $50.

The certificate must be current (no more than 60 days from the date you submitted your foreign Wyoming LLC registration), and the name on the certificate must match the name on your registration application. Certificates of good standing are usually less than $50 and do not have to be an original document.

• Wyoming LLC Certificate of Authority

The document that will register your Foreign LLC with the Secretary of State’s office is a Wyoming LLC Application for Certificate of Authority.

You must appoint a Wyoming registered agent to accept service of process within the state when completing the Certificate of Authority. The registered agent’s physical address must be in Wyoming. The following information is required for the Wyoming Certificate of Authority:

1. LLC (Limited Liability Company) name
2. State or country of residence
3. Date your LLC was formed
4. The duration of the LLC’s existence (the most likely answer is “perpetual”).
5. The LLC’s mailing and principal addresses
6. Wyoming registered agent’s name and address
7. The filing’s effective date
8. Date the LLC began doing business in Wyoming
9. Original certificate of existence/good standing Original consent form

• Obtain the consent and signature of your registered agent

Your registered agent in Wyoming must consent to appointment by signing the registered agent consent form. If you hire us as your Wyoming registered agent, we will immediately set up an online account for you with a Foreign Limited Liability Company. The registered agent information is already filled in for you.

• Submit your documents for forming LLC in Wyoming

Attach your completed Foreign Limited Liability Company Application for Certificate of Authority to your home state’s certificate of existence/good standing. The certificate must be authentic. Foreign registration documents must be mailed to the Wyoming Secretary of State.

Conclusion

There are numerous benefits to forming a foreign LLC in Wyoming, such as unparalleled limited liability protection, fewer corporate formalities, no state income taxes, and privacy. Furthermore, registering a LLC in Wyoming is simple; all you need are all of your home state’s and Wyoming’s documents.