Thinking of starting your business in Wyoming? We have great news for you. Wyoming is perfect to start a new business in fact this state has one of the highest employment rates of small businesses all across the United States. So if you already have a unique business idea it’s time to bring it into reality. You just need to get familiar with the Wyoming laws & regulations, state or local requirements of the licensure, expenses you will likely spend, and related subjects that will be answered in this article. So, let’s dive in!
The necessity of obtaining a business license in Wyoming will depend on the scope of the work that you will do. If you are planning to work in one of these mentioned industries you must obtain a business license:
Although these industries require licensing in Wyoming, there are several businesses that would be exempt from licensure. For instance, freelance works or marketing agencies don’t have to be licensed because these businesses will not largely affect the safety, health, or environmental regulations of the public. If you are unsure whether your business will require licensing or not contact Wyoming Business Permitting Program at 307-234-6685.
Besides the above-mentioned industries, there are certain professions that will require licensing. If you’re planning to do business in one of the following mentioned occupations or professions you should obtain a professional license:
You can acquire the full list of professions that require licensing in Wyoming in this business permit booklet. If your questions still remained unanswered or if you’re confused about whether your business will need a license or not you can reach out to the Business Division of the Wyoming Secretary of State’s Office.
Herschler Building East
122 West 25th Street
Cheyenne, WY 82002-0020
Before you start to apply for a license it’s essential to register your business with the Secretary of State. To do so, there are some documents you need to collect to form your business. Here are the general materials you will be asked to provide when registering your business:
Once you collect all the mentioned paperwork it will be easy to register your business. The registration of your business begins with choosing the type of legal entity you want to have. It could be an LLC, partnership, corporation, sole proprietorship, etc. Once you select which type of legal entity you want it’s time to form your business. We have outlined the main steps you will go through when registering your business:
Forming an LLC business in the state would automatically imply dealing with less paperwork and have the greatest tax flexibility. To form your LLC business you should file the Articles of Organization with the Wyoming Secretary of State and pay $100 for the filing fee.