Wyoming LLC
A limited liability company formed under the Wyoming LLC Act — used for low state-level disclosure and low maintenance.
In full
Wyoming LLCs carry low annual fees, no state income tax, and minimal state reporting: the articles of organization and annual report do not call for a list of members, so member identity is generally not part of the state filing record. What the state does not collect says nothing about federal reporting, litigation discovery, or the disclosure a bank or payment processor will require under its own KYC rules. For non-U.S. residents, Wyoming is the most common single-member LLC jurisdiction, and the structure pairs with the Form 5472 and Pro-Forma 1120 federal filing cycle. The scope of any state statute is a question for your attorney.
Governed by: Wyoming LLC Act.
This definition is general information about how the term is used in U.S. cross-border tax. It is not advice, and how it applies depends on your own facts and on the treaty, if any, in force with your country.
Related terms
- Delaware C-CorpA corporation formed under Delaware General Corporation Law, taxed at the corporate level.
- Disregarded EntityA single-member entity ignored for federal tax purposes — its owner reports activity directly.
- Corporate Transparency ActFederal beneficial ownership reporting regime administered by FinCEN, now scoped to foreign-formed reporting companies.