Wyoming LLC Tax and Annual Report Requirements in 2026 — What You Actually Owe, Every Year

Wyoming's pitch is genuinely simple compared to most of this list: no state corporate income tax, no personal income tax, and a single annual filing that most LLCs can complete for the cost of a modest dinner. The part that trips people up isn't the amount — it's a hard deadline with no grace period once it's blown.

What you don't owe

Wyoming levies no state corporate income tax and no personal income tax. Instead of a franchise tax in the traditional sense, it charges a single annual License Tax on all profit corporations, LLCs, LPs and RLLPs, based on assets located and employed in Wyoming: US$60 minimum, or US$0.0002 per dollar of in-state assets, whichever is greater. The state's own example: US$1,210,000 in Wyoming assets works out to US$242 in tax. For the overwhelming majority of Web3 holding entities with minimal Wyoming-based assets, this lands at the US$60 floor.

What you owe every year, regardless

The Annual Report, filed with the Wyoming Secretary of State's Business Division, due on the first day of the anniversary month of formation — a company formed 15 May files by 1 May every following year. It can be filed up to 120 days early, and the filing fee is simply the license tax calculated above; there's no separate flat fee stacked on top. One quirk worth knowing: if the license tax exceeds US$500, the filing cannot be submitted online and must go in by mail instead.

Federal taxes are separate. This is a state-level filing only — it has no bearing on IRS obligations, which apply regardless of Wyoming's zero state income tax.

What happens if you miss the deadline

Wyoming's enforcement is unusually strict compared to most US states. The entity becomes delinquent on the second day of the month following the due date, and if the Annual Report still isn't filed within 60 days of that due date, the company is administratively dissolved. Wyoming statute doesn't allow reinstatement after 2 years in dissolved status — past that window, the entity is gone for good, not just suspended.

Where to confirm this yourself

Wyoming Secretary of State — Business Division: sos.wyo.gov
Annual Report filing wizard: wyobiz.wyo.gov/Business/AnnualReport.aspx
Official FAQ (license tax calculation, deadlines, dissolution rules): sos.wyo.gov/faqs.aspx?root=BUS
Fee schedule (PDF): sos.wyo.gov/Business/docs/BusinessFees.pdf

How Otonomos helps

We register and maintain Wyoming LLCs, including for structures that use Wyoming's blockchain "ledger of truth" statute for tokenised shares — with the Annual Report tracked against your specific anniversary month, so the 60-day dissolution clock never becomes a live risk.

Set up your Wyoming LLC with Otonomos: Order a Wyoming LLC · Book a free call

Sources: Wyoming Secretary of State, sos.wyo.gov and wyobiz.wyo.gov. Verified against live official Wyoming government pages, Aug 2026.

Disclaimer: No legal, tax, or regulatory advice. Confirm current fees and deadlines with the Wyoming Secretary of State before relying on any figure above. This covers state-level obligations only — federal tax obligations are separate and unaffected.