How to Move Your LLC to Wyoming: A Step-by-Step Guide

As a result of increased globalization, many corporations are always looking for the best jurisdictions to set up business.

This is why Wyoming has become number 1 on the list of states LLC owners due to stronger privacy protections, better tax benefits and lower regulation limits.

Moving your business to Wyoming can provide both legal and financial advantages whether you are a US based entrepreneur or a non-resident running a US LLC.

In this guide, we make sure to provide everything on relocating your LLC to Wyoming while making it legally compliant with step-by-step procedures to ease the transition.

Why move your LLC to Wyoming?

Before doing the actual work, it makes sense to first understand the numerous reasons why a large number of entrepreneurs relocate their companies to Wyoming every year.

1. No state income tax

Wyoming is one of the few US states that does not charge a corporate or personal taxation. Thus:

• LLCs who are taxed as pass-through entities ( partnerships or sole proprietorships) stay exempt from state income taxes.
• Members and owners have greater profit retention, this is vital for high-income enterprises and investors.

2. Exceptional Privacy Protections

Wyoming stands out due to its business owner privacy procedures.

• Member and manager names are not publicly indexed in the Secretary of State’s database.
• A nominee or registered agent can be used to disguise your name and keep your identity fully confidential.
• Ownership does not have to be revealed unless required by federal law, such as BOI reporting.

This is a key reason non-U.S. residents and high-net-worth individuals prefer Wyoming for asset protection and anonymity.

3. Low Maintenance and Filing Fees

• Annual report fee is $60 or a small percentage of total assets in Wyoming, whichever is greater.
• Wyoming has lower LLC formation fees than Delaware, California, and New York.
• No franchise tax, business license tax, or hidden compliance fees.

4. Superior Asset Protection Laws

Wyoming provides some of the most advanced legal protections for LLC members in the country:

• Charging Order Protection bars personal creditors from confiscating any business assets owned by LLC members.
• Your business is safeguarded under Wyoming law from personal lawsuit takeovers.

5. Simple and Efficient Compliance

• No need for annual meetings or the drafting of resolutions.
• Very low reporting requirements.
• User-friendly online document storage.
• Prompt and helpful Secretary of State office.

These factors stand out why Wyoming is a favorite for digital nomads, tech entrepreneurs, e-commerce and dropshipping business owners, especially those operating from outside the U.S.

3 Ways to Legally Move Your LLC to Wyoming

It is crucial to pick the right legal route when moving your LLC to Wyoming. Each option has advantages and downsides depending on your business structure and future objectives.

Option 1: Domestication (Re-Domiciling Your LLC)

This is the easiest and cleanest option, which many states support, including Wyoming. The process of Domestication enables you to fully relocate your LLC to Wyoming and does not require you to create a new one.

Key Benefits:

• Your original EIN (Employer Identification Number) is retained.
• Your bank accounts, contracts, and payment gateways remain unchanged.
• Business operations and history continuity is maintained, which is beneficial for credit scores and for investor confidence.

Possible Drawbacks:

A few states do not allow LLC domestication. If you are in one of those states, this approach will not work for you.

✅ Best Option if both Wyoming and your current state allow statutory conversion/domestication.

Option 2: Creating a New LLC in Wyoming while Dissolving the Old One

This works best when option one is not available.

Main Benefits:

• Blank slate with a new entity formed in a more favorable region.
• Less complicated to set up if your operations are legally complex to unwind in your original state.

Drawbacks:

• Additional EIN filing needed with the IRS.
• There is a need to reopen bank accounts, sign new contracts, and notify all parties concerned.
• Possibility of a disruption in business continuity.

✅ Most suitable for new businesses, single-member LLCs, or for those looking to restructure their business.

Option 3: Register As A Foreign LLC In Wyoming

Your LLC can register as foreign because of your existing presence in Wyoming, thus allowing you to operate in both states.

Pros:

• Ability to operate in multiple states.
• Ideal for businesses with a physical footprint or customers across several states.

Cons:

• Must comply with annual fee obligations and compliance requirements in both states.
• Increased administrative burden and costs.

✅ Suitable for businesses that are expanding their operations to Wyoming and not relocating entirely.

Complete Step-by-Step To Moving Your LLC To Wyoming Through Domestication

If your state allows it, domestication is the smoother path. Here’s a comprehensive view of the whole process:

Step 1: Confirm Eligibility For Domestication

Confirming whether your state of formation permits domestication or statutory conversion comes first.

States that Allow Domestication Include:

• California
• Florida
• Texas
• Nevada
• Washington
• Illinois

States That Do NOT Allow Domestication:

• New York
• New Jersey
• Oregon
• Kansas

If your state does not permit domestication, you will need to create a new LLC and either dissolve the old one or register it as a foreign entity.

Step 2: Create a Plan of Domestication

This legal document contains:

• Intent to relocate your LLC to Wyoming
• Approval statements from members or managers
• Proposed amendments for Articles of Organization for Wyoming
• Changes to the LLC’s operating agreement

Most operated agreements of the LLCs will need to be changed to show that the governing law is no longer your original state but Wyoming.

Step 3: Submit Articles of Domestication to Wyoming for Filing

You are required to submit:

• Articles of Domestication
• Articles of Organization (Domestic LLC)
• Proof of payment (Submission fee of $100 and $150)

You also need to designate a Wyoming Registered Agent who will receive any legal Information and mail correspondence addressed to you.

🧾 Tip: Bizstartz offers dependable and affordable registered agent services for as low as $49 a year.

Step 4: Submit The Rest of The Forms To The Original State

Once your LLC is approved in Wyoming, you should inform your previous state about the business relocation.

This may include:

• Submitting a Certificate of Conversion
• Filing the last annual report or tax returns
• Settling overdue fees or taxes
• Dissolving the business if necessary

Every region has its own set of procedures, so contact the Secretary of State’s office in your initial location.

Step 5: Inform IRS and Other Financial Institutions

After you move your LLC to Wyoming:

• Inform the IRS with Form 8822-B for address updates.
• Change details of your EIN to reflect the new state.
• Notify your bank, Stripe/PayPal, and vendors about the change of jurisdiction.
• Modify the operating agreement and any contracts to reflect the company’s status in Wyoming.

Step 6: Maintain Compliance in Wyoming

Since your business is now registered in Wyoming, every year you have to:

• Submit an Annual Report (due on your anniversary month)
• Keep a Wyoming Registered Agent
• Maintain Company records and bookkeeping
• Report company ownership (BOI filing, if necessary)

Pro Tip: These compliance requirements can be automated through our annual maintenance service.

Estimated Costs of Moving an LLC to Wyoming

Here’s a breakdown of the common expenses involved in the relocation process:

How Bizstartz Can Help You Move to Wyoming

For first-time founders or international entrepreneurs, moving an LLC can be a long and complicated process fraught with legal issues.

This is where Bizstartz comes in.

What you get with our Wyoming LLC Relocation Services:

• Entity domestication or new LLC formation
• Legal paperwork preparation and filing
• Registered Agent service
• BOI (Beneficial Ownership) compliance
• EIN updates and IRS support
• Personalized consultation to choose the best approach

Consultations provided to individuals from 50 countries

Complete your tasks while working and receive step-by-step help.

Final Thoughts

Relocating your LLC to Wyoming can dramatically reduce your costs, enhance your privacy, and simplify compliance. But to do it right, you must understand the legal methods available, follow the correct steps, and stay on top of your responsibilities post-move.

Whether you’re moving from California, New York, Florida, or even running your business from overseas, Wyoming could be the best home for your LLC.

Ready to Move Your LLC to Wyoming?
📩 Contact Bizstartz today and let our experts handle the full transition, hassle-free.