--- title: "Wyoming Entity Running Costs and Filings" description: "What it actually costs to keep a Wyoming entity compliant year over year, and how Teamed's EOR avoids that bill entirely." canonical: https://www.teamed.global/country-hiring-guides/united-states/wyoming/entity-running-costs-and-filings --- ![Wyoming business district.](/cluster-assets/country-hiring-guides/united-states/wyoming/entity-running-costs-and-filings/images/hero.webp) # What does it cost to runa company in Wyoming. Wyoming charges a $100 formation fee and a $60 annual report fee. Teamed's EOR removes both by employing your team under our entity. Served by Teamed US Inc., Delaware · Payroll via SUNA Solutions Last reviewed 22 September 2026 · Wyoming guide At a glance ## The running costs, in plain terms A Wyoming LLC or corporation pays a one-time $100 formation fee to the Secretary of State, then a $60 annual report fee every year after that. Those two numbers are the floor, not the ceiling, because payroll tax registrations, a registered agent, and ongoing bookkeeping all sit on top of them. Annual report / filing fee$60 Formation / registration fee$100 Formation ## What it takes to stand the entity up Registering a Wyoming entity starts with a $100 filing fee paid to the Secretary of State. That fee gets you incorporated, but it does not get you compliant. You still need a registered agent with a Wyoming address, an EIN from the IRS, and state payroll tax accounts before you can legally put anyone on a US payroll. None of that happens automatically once the filing clears. Someone has to open the accounts, track the deadlines, and keep the paperwork current from day one, which is exactly where a lot of first-time filers lose time they did not budget for. Annual filings ## What it costs to stay in good standing Wyoming requires an annual report every year, with a $60 filing fee attached. Miss it and the entity slides toward administrative dissolution, which is a slower, messier problem to fix than the filing itself ever was. The $60 is the state's number, not the whole cost of staying compliant. A registered agent renewal, accounting time to prepare the report, and any state-level payroll or tax filings all run alongside it, and those costs scale with how much activity is actually running through the entity. Ongoing operations ## What runs quietly in the background every month Beyond the state's own fees, a live Wyoming entity carries recurring obligations that don't show up on the Secretary of State's fee schedule at all. That includes payroll processing, benefits administration, workers' compensation coverage, and the accounting hours needed to keep all of it defensible if a state agency ever asks questions. None of that work stops because the annual report got filed. It runs every pay cycle, and it is the part employers usually underestimate when they compare 'a $60 annual fee' against what it actually costs to run payroll compliantly in-house. Before you commit ## Sometimes an employer of record is the better fit An employer of record is sometimes the better answer, not a lesser one, especially for a small or still-changing headcount, or while you're still testing whether Wyoming is even the right market. Talk to a member of the team about your specific situation, or run the numbers yourself with the crossover calculator, since the right answer depends on salaries and how long you intend to stay. Contractors, employer of record and your own entity all run on one platform at Teamed, so moving between them later does not mean changing provider or re-onboarding anybody. Real HR and legal experts handle the work rather than a ticket queue. Talk to a member of the team and we will tell you plainly which one suits where you are. If you would rather look at the numbers yourself first, the crossover calculator models it on local salaries and employer costs rather than on a headcount rule of thumb. Talk to a member of the team Model the crossover for the United States Who carries it ## Your own entity, when it's time. We set it up, migrate you in, and hand it back intact. Global Entity and Employment Operations, which we call GEMO, is how Teamed forms your company, registers it for tax and payroll, runs it month to month and keeps its filings current, across 100+ countries. You stay the employer. We do the work behind it. In Wyoming that means we handle the $100 formation filing, the registered agent, the EIN, and the payroll tax registrations, then keep the $60 annual report current every year while your team is employed under our entity. When you're ready to run payroll under your own name, we migrate the entity to you fully formed and compliant, across 100+ countries through what we call GEMO. Entity Management (GEMO) The Graduation Model Employer cost calculator > They set up our EU entity and moved hires across without missing a payroll. *Helene Dubois, COO* Talk to an expert about Wyoming Questions ## Wyoming running costs, answered How much does it cost to keep a Wyoming entity compliant each year? The state charges a $60 annual report fee, paid to the Secretary of State every year the entity is active. That figure doesn't include a registered agent, payroll processing, or accounting time, which all add to the real annual cost of running the entity. What does it cost to form a Wyoming entity in the first place? Formation runs $100, paid once to the Wyoming Secretary of State when you file. That gets the entity registered, but you'll still need an EIN, a registered agent, and payroll tax accounts before you can employ anyone through it. Is Wyoming cheaper to run than other states? Wyoming's $100 formation fee and $60 annual report fee are on the lower end for state-level filing costs. That said, the state fees are only one part of the total cost, and payroll, benefits, and compliance overhead don't vary much by which state you're in. Does using an EOR avoid Wyoming's annual report fee entirely? Yes. If Teamed employs your team under our own Wyoming entity, you never register a separate entity, so the $60 annual fee and the $100 formation fee are ours to manage, not yours. When does it make sense to set up my own Wyoming entity instead of using an EOR? It depends on your headcount, your salaries, and how long you plan to operate in Wyoming, not on the state's fees alone. The crossover calculator can model that for your specific numbers, or you can talk to a member of the team directly. Where these figures come from ## Sources Figures in this page are drawn from the Wyoming Secretary of State's published formation fee and annual report and license tax rules. ## More on entities in Wyoming - [Hiring in Wyoming, overview](/country-hiring-guides/united-states/wyoming)parent - [Wyoming setting up](/country-hiring-guides/united-states/wyoming/entity-setup)sibling - [Wyoming tax presence](/country-hiring-guides/united-states/wyoming/permanent-establishment-risk)sibling - [Wyoming entity or eor](/country-hiring-guides/united-states/wyoming/eor-vs-entity)sibling - [Wyoming moving from an eor](/country-hiring-guides/united-states/wyoming/moving-from-eor-to-your-own-entity)sibling - [Set up an entity, by country](/entity-setup-by-country)hub - [Entity Management (GEMO)](/entity-management)core - [Talk to an expert about Wyoming](https://www.teamed.global/contact?from=entity-running-costs-and-filings)CTA