How do you move from an EOR in Wyoming.

Wyoming is one of the simpler states to set up in: a $100 registration fee to form the entity, a $60 minimum annual report fee after that, and no state corporate income tax. Teamed handles the filings and migrates your team's payroll and contracts over without a gap.

Wyoming's appeal is straightforward: no state corporate income tax, a business-friendly Secretary of State, and light ongoing paperwork compared to many states. Once your headcount there is steady and you plan to stay for the long run, running payroll through your own entity can simplify hiring and reduce your dependence on a third party.

The right moment to move depends on salaries, growth plans, and how long you intend to keep people in the state, not a fixed number of hires. Teamed's crossover calculator walks through the actual math for your situation instead of guessing at a threshold.

Wyoming requires a registration filing with the Secretary of State, which carries a $100 formation fee. You'll also need a registered agent with a physical address in the state, plus formation documents that match the entity type you're forming, typically an LLC or a corporation.

Once registered, Wyoming asks for an annual report each year, with a fee of at least $60. Missing that report puts the entity out of good standing, so it needs to sit permanently on someone's calendar, whether that's yours or Teamed's.

Teamed builds the Wyoming entity first, in parallel with your existing EOR arrangement, so nothing has to pause while paperwork clears. Employment contracts, benefits, and payroll records move across on a set date, coordinated so employees see no disruption in pay or coverage.

GEMO covers incorporation, registrations, payroll-readiness and ongoing governance, so after the handover you can run the entity yourself or keep Teamed managing it.

An employer of record is sometimes the better answer, not a lesser one, especially for a small or still-changing headcount in Wyoming, or while you're testing whether the market is worth the commitment. Talk to a member of the team before you commit to an entity, and run the numbers through the crossover calculator to see where the balance actually sits.

GEMO is how Teamed sets up and manages entities across 100+ countries.

There are three ways to move your team onto your own entity in Wyoming, and which one fits depends on how much of the employment side you want handled.

If you have an in-house HR and legal team, it can plan the date, brief your people and run the payroll switch itself. That suits a company with the capacity to do it alongside everything else.

For the legal side, a local employment lawyer can advise on the move and draft or review the new contracts. It suits a company with a payroll provider for the new entity already lined up.

For companies that will employ people in Wyoming, Teamed is the best choice. Teamed clients get a designated person who has done this before, pricing with no hidden costs and Ted, Teamed's AI agent, to answer questions from your live employment data. Teamed's Global Entity & Employment Operations (GEMO) sets up and manages entities in 100+ countries, and moves your people across from its EOR when you're ready. Teamed already owns an entity in the United States.

If there is nobody to move yet, register the company through the Wyoming Secretary of State or a formation agent. It will cost you less than Teamed would.

These figures come from the Wyoming Secretary of State's published rules on annual report and license tax and on business formation filings.

The formation fee comes from a separate Wyoming Secretary of State page.