To start your new Wyoming corporation, you must file articles of incorporation with the Secretary of State of Wyoming. The articles establish your business as a separate entity and confirm its name and other information with the proper state agencies.
Filing articles of incorporation is a necessary first step for your business. You must receive this approval before you can apply for things like business licenses and tax IDs. It is also necessary for signing contracts and conducting many other business operations.
Apart from the measures required by the state, incorporating your business offers you several important benefits:
Articles of incorporation may differ slightly from state to state, though all generally include the same basic information. Wyoming requires the following information in your articles of incorporation:
Corporation Name: Your corporation name must be unique from any other corporation name registered in Wyoming. This includes LLCs or any other type of company. Corporations do not need identifiers included in their listing, in the way that LLCs do.
Registered Agent: Your corporation must have a registered agent. The job of the registered agent is to accept any official documents on behalf of the business. The registered agent must list a Wyoming address that belongs to a physical address, not a post office box.
Principal Place of Business: You must list the address for your corporation’s principal place of business. In the event that you enlist an attorney or use formation services to form your LLC, you can list their address for privacy matters.
Incorporator Information: You must include the information and contact of the incorporator. This is the person or party that files and signs your articles of incorporation. Again, if you use an attorney or formation services, you can list their information for privacy matters.
Wyoming has a $100 processing fee for your articles of incorporation. Generally, it takes between 3 and 5 business days to process. Wyoming does not offer an expedited option. You have the option to file online or by mail. The fee is the same for both. If you wish to file by mail, send your articles of incorporation and processing fee to:
Wyoming Secretary of State
State Capitol Building
200 West 24th Street
Cheyenne, WY 82002-0020
Once your corporation has been approved, you will receive confirmation from the State of Wyoming and a certificate of formation.
Enlisting the help of an attorney or filing service can guarantee accurate compliance with Wyoming rules and regulations. Additionally, they can serve as the incorporator for your articles, listing their own name and address. You may choose this option if you have privacy concerns, as the articles are a public document. In some cases, they may also serve as the registered agent of your corporation.