Wyoming · Guide
Wyoming does not tax company profit. It has no corporate income tax and no personal income tax, and that part of what you have read is correct.
It is also only half of the answer. The state still sends three kinds of bill to a company: an annual charge on assets held in Wyoming, a sales and use tax on what is sold there, and payroll charges if staff work there.
This page covers those state charges and stops there. Federal tax and the position of a foreign owner are a separate subject, set out in Wyoming LLC taxes for non-residents.
Does Wyoming have a corporate income tax?
No. Title 39 of the Wyoming Statutes has a chapter headed "Income Tax", and it contains a single section. That section does not impose anything: it reserves the field to the state and bars counties, cities and towns from taxing income or wages.
So there is no state return on profit, no state withholding on salaries and no city income tax to discover later. The table shows what that leaves.
| Charge | Does Wyoming levy it? | Legal basis |
|---|---|---|
| Corporate income tax | No | Title 39, chapter 12 |
| Personal income tax | No | Title 39, chapter 12 |
| Local income or wage tax | No, prohibited | W.S. 39-12-101 |
| Annual license tax on in-state assets | Yes, $60 minimum | W.S. 17-29-209, 17-16-1630 |
| Sales and use tax | Yes, 4% plus local options | W.S. 39-15-104, 39-15-204 |
| Unemployment insurance, workers' compensation | Yes, for employers | Title 27 |
| Property tax | Yes, on property in the state | Title 39, chapter 13 |
The absence of an income tax applies to every form the state registers. An LLC and a corporation are treated the same way by Wyoming, even though the federal government treats them very differently.
The annual license tax is a charge on assets, not on income
Every LLC and corporation formed or registered in Wyoming files an annual report with the Secretary of State and pays a license tax with it. Some guides call it a franchise tax. The statute calls it a license tax for a corporation and a license fee for an LLC, and the formula is identical.
The amount is the greater of $60 or 0.0002 of the company's capital, property and assets located and employed in Wyoming. Revenue, profit and assets held elsewhere do not enter the calculation.
| Assets located and employed in Wyoming | Calculation | License tax |
|---|---|---|
| None | minimum applies | $60 |
| $300,000 | 300,000 x 0.0002 = 60 | $60 |
| $1,210,000 | 1,210,000 x 0.0002 | $242 |
| $5,000,000 | 5,000,000 x 0.0002 | $1,000 |
The first three rows follow the Secretary of State's own guidance, which states that an entity with $300,000 or less in assets pays $60 and uses the $1,210,000 example. The last row applies the same formula.
- The break point is $300,000, because that is where 0.0002 of assets equals the $60 floor.
- The minimum is $60 for an LLC and for a corporation. Figures of $50 and of $250,000 still circulate, sometimes on the same page as the correct ones. Neither is in the statute.
- Mines and mining claims are valued differently, at the assessed value of the previous year's gross product.
- Interstate carriers of goods, passengers or information count only the assets used for business inside Wyoming.
What the report costs once payment fees are added sits in Wyoming LLC cost, and the due date and the consequences of missing it sit in Wyoming LLC annual report and compliance.
What "located and employed in Wyoming" means for an owner abroad
The base of the license tax is narrower than most summaries suggest. The statute does not say "your assets". It says assets "located and employed in the state of Wyoming", and both words do work.
For a company run from outside the United States, with a registered agent in Wyoming and nothing else there, the practical reading is short.
- A registered agent's address is not an asset. It is a service you rent.
- A bank balance held with a bank outside Wyoming is not located in the state.
- Software, customer contracts and equipment kept abroad are neither located nor employed in Wyoming.
- Stock in a Wyoming warehouse, a Wyoming office or Wyoming land are, and they enter the base at actual value.
The report is a certification signed under penalty of perjury by the company's treasurer or fiscal agent. A company that later acquires property in the state should report it in the next annual report instead of leaving the earlier figure in place.
For most foreign owned companies the result is the $60 minimum every year, for as long as nothing is held in the state.
Sales and use tax: 4% from the state, then the county decides
The state rate is 4%. The statute sets 3% and adds 1% from 1 July 1993, administered as a single 4% rate (W.S. 39-15-104).
Counties, cities and resort districts can then add their own rate, so the tax a customer pays depends on where in Wyoming the sale lands. The Department of Revenue publishes the totals each quarter.
| Total rate | Counties |
|---|---|
| 4% | Park, Sublette |
| 5% | Big Horn, Campbell, Converse, Crook, Fremont, Johnson, Laramie, Lincoln, Natrona, Uinta, Washakie, Weston |
| 5.25% | Goshen |
| 6% | Albany, Carbon, Hot Springs, Niobrara, Platte, Sheridan, Sweetwater |
| 7% | Teton |
| 9% | Teton Village and Grand Targhee resort districts |
- Use tax is the same tax seen from the buyer's side. It applies when taxable goods are stored, used or consumed in Wyoming and the seller did not collect, at the same rates.
- The separate use tax chapter no longer exists. Laws 2026, chapter 19 repealed it, and use tax now sits in the sales tax chapter and is administered the same way.
- Food for domestic home consumption is exempt from sales tax.
- Lodging carries its own layer: a 5% statewide lodging tax on top of sales tax, plus a local lodging rate in most places.
- Local rates change on the first day of a calendar quarter, after 60 days of notice to vendors.
Treat the county table as a snapshot dated 1 October 2026 and check the current chart before you set a rate in your invoicing tool.
Why you will read "6% maximum", and what the law allows
Sources differ on the ceiling, and the difference matters if you sell into Teton County.
| Source | What it says |
|---|---|
| Several commercial guides and rate tools | Local rates of 0% to 2%, a combined maximum of 6% |
| A widely used encyclopedia entry | 1% general plus 1% specific purpose, and a use tax of 5% |
| Tax Foundation | Average combined rate of 5.36% |
| Department of Revenue chart, 1 October 2026 | 4% to 7% by county, 9% in two resort districts |
The Department of Revenue chart is the one to follow. The 6% figure was a fair description of most counties and is still right for 22 of the 23, but it is not a legal ceiling.
W.S. 39-15-204 sets the actual limits, and they stack.
| Local option | Who imposes it | Limit in the statute |
|---|---|---|
| General purpose | County | 2% |
| Specific purpose | County | 2% |
| Economic development | County | 1% |
| The three county options together | County | 3% |
| Municipal option | City or town | 1% |
| Resort district | Resort district | 3% |
On paper a county can therefore reach 7% without any city or resort district tax, which is exactly where Teton County stands today. The use tax is not a flat 5% either: it follows the sales tax rate of the place where the goods are used.
Economic nexus: one test, $100,000
A company with no office, staff or stock in Wyoming still has to collect Wyoming sales tax once it sells enough there. The rule is in W.S. 39-15-501, and since 2024 it has a single test.
A seller with no physical presence must collect once its gross revenue from goods, admissions or services delivered into Wyoming exceeds $100,000 in the current or the preceding calendar year.
The second test, 200 or more separate transactions, was repealed by Laws 2024, chapter 67. Guides that still list it are describing the rule as it stood before July 2024.
- 1Is what you sell taxable in Wyoming?Tangible goods, admissions and listed services are. If nothing you sell is taxable, there is nothing to collect
- 2Do you have a place of business, staff or stock in Wyoming?If yes, get a sales tax license and collect from the first sale
- 3Are the sales made through a marketplace?The marketplace facilitator is treated as the vendor and collects on those sales
- 4Did your own sales delivered into Wyoming exceed $100,000 this year or last?If yes, register and collect as if you were present. If no, there is no duty to collect yet
- The threshold counts revenue delivered into Wyoming, not the company's total revenue.
- It looks at two years. Crossing it last year keeps the duty alive this year.
- A marketplace facilitator is the vendor for the sales it facilitates (W.S. 39-15-502), so the collection duty on those orders is its own.
- The buyer's use tax duty survives: a Wyoming customer owes use tax on a taxable purchase when the seller was not required to collect.
For a typical foreign owned LLC selling services or software to customers around the world, Wyoming sales tax never arises. It becomes relevant when physical goods are shipped to Wyoming addresses in volume, or when stock is stored in the state.
The sales tax license and the filing rhythm
A company that has to collect needs a sales tax license from the Department of Revenue before it does. The mechanics are light compared with most states.
| Item | Rule | Source |
|---|---|---|
| License fee | $60, charged once to each new vendor | W.S. 39-15-106(a) |
| Renewal | None, the license is valid until revoked | W.S. 39-15-106(e) |
| Places of business | One license for each | W.S. 39-15-106(b) |
| Local licenses | None needed once the state license is issued | W.S. 39-15-206 |
| Standard return | Monthly, by the last day of the following month | W.S. 39-15-107(a)(i) |
| Small vendors | Quarterly or annual if tax is under $150 a month | W.S. 39-15-107(a)(i) |
- A missed return can cost the license. Reinstating a forfeited license costs another $60.
- Three years of zero sales triggers a letter asking the vendor to show cause why the license should stay open.
- A business that stops selling must notify the department and return the license for cancellation.
Payroll charges, only if you employ people in Wyoming
A company with no employee working in Wyoming owes none of this. A company that hires there pays two state charges, both to the Department of Workforce Services, and withholds no state income tax because there is none.
| Charge | Who pays | Key figure |
|---|---|---|
| Unemployment insurance | Employer only, not deducted from wages | Taxable wage base of $33,800 per employee in 2026, $34,900 in 2027 |
| Workers' compensation | Employer, through the state program | Required for extra-hazardous industries, optional for others |
- A new employer's unemployment rate is set by its industry for the first three years, then by its own claims record.
- The statutory base rate is 8.5%, and the department applies it to an employer that files reports without having registered.
- Extra-hazardous status follows the NAICS industry code, not the individual job, and coverage has to be in place before work begins.
- One online account with the department covers both unemployment filings and workers' compensation premiums.
Ask the department for the rate assigned to your industry before budgeting a Wyoming hire. It is not a figure to take from a general guide, including this one.
Property tax and the industry taxes, in brief
These matter to a company that owns something physical in Wyoming and to almost nobody else.
- Property tax applies to a fraction of market value: 9.5% for most property and 11.5% for industrial property, before the local mill levy.
- Mineral production enters the property tax base at 100% of its value, against 9.5% or 11.5% for everything else.
- Separate excise taxes exist for fuel, cigarettes and electricity generated from wind.
- A company with no land, building or equipment in the state has no property tax bill there.
What Wyoming's zero does not cover
The state's zero is a statement about one tax authority. Three others still apply, and none of them is settled by the choice of Wyoming.
| Authority | What still applies | Where it is covered |
|---|---|---|
| United States, federal | A Wyoming corporation pays 21% federal tax on profit. A foreign owned LLC has federal filing duties even with no tax due | Wyoming LLC taxes for non-residents |
| Another US state | Staff, an office, stock or enough sales there create that state's taxes and registrations | That state's own rules |
| Your country of residence | Many countries tax a resident on the income of a foreign company they own or manage | Wyoming LLC taxes for non-residents |
- Operating in another state is the common surprise. A Wyoming company with a warehouse in Texas or an employee in California answers to those states for that activity.
- Economic nexus exists in almost every state with a sales tax, each with its own threshold, so the $100,000 Wyoming test is one of many.
- The choice between an LLC and a corporation changes the federal result, not the state one. That decision is set out in Wyoming LLC vs corporation.
The bottom line
Wyoming charges no tax on profit, and for a company that holds nothing in the state the annual license tax stays at $60. Those two facts are accurate, and they are the whole state bill for most founders who run the business from abroad.
The state bill grows only when the company does something in Wyoming: sells taxable goods there past $100,000, stores stock there, hires there or owns property there. Each of those has a named rule and a published rate.
The larger questions sit outside the state: the federal filings, any other state you operate in, and the tax office where you live. Settle those before deciding that zero is the number.
If Wyoming fits your plan, see what the Wyoming company formation service includes, or talk to a specialist before you file.
Frequently asked questions
What is the corporate tax rate in Wyoming?
The state rate is zero. Wyoming levies no corporate income tax and no personal income tax, and state law bars counties and cities from taxing income or wages. A Wyoming corporation still pays the 21% federal corporate tax.
Does Wyoming have a franchise tax?
Not under that name. Wyoming charges an annual license tax with the annual report, equal to the greater of $60 or 0.0002 of the capital, property and assets located and employed in Wyoming. It is based on in-state assets, not on income or revenue.
How much is the Wyoming annual license tax for a company with no assets in the state?
It is $60 a year. The minimum applies to any LLC or corporation with $300,000 or less of assets located and employed in Wyoming, which includes a company that holds nothing there.
What is the sales tax rate in Wyoming in 2026?
The state rate is 4%. With local options, the total from 1 October 2026 runs from 4% in Park and Sublette counties to 7% in Teton County, and 9% inside the Teton Village and Grand Targhee resort districts. Most counties are at 5% or 6%.
Is 6% the maximum sales tax in Wyoming?
No. It is the highest rate in 22 of the 23 counties, but the statute lets a county add up to 3%, a city or town up to 1% and a resort district up to 3%. Teton County is at 7% on the current Department of Revenue chart.
What is the economic nexus threshold in Wyoming?
A seller with no physical presence must collect once its sales delivered into Wyoming exceed $100,000 in the current or preceding calendar year. The former 200 transaction test was repealed by Laws 2024, chapter 67.
Does a Wyoming LLC have to charge sales tax on every invoice?
No. Forming the LLC in Wyoming creates no duty to collect. The duty depends on whether what you sell is taxable, whether you have a presence in the state, and whether your sales delivered there exceed $100,000.
How much does a Wyoming sales tax license cost?
The state charges $60 once to each new vendor. The license has no renewal fee and stays valid until it is revoked or cancelled, and a separate license is required for each place of business.
Does Wyoming have payroll taxes?
There is no state income tax to withhold. An employer with staff in Wyoming pays unemployment insurance on a wage base of $33,800 per employee in 2026, and buys workers' compensation through the state when its industry is classed as extra-hazardous.
Does no state tax mean a Wyoming company pays no tax at all?
No. The zero covers Wyoming only. Federal tax rules, the rules of any other state where the company operates, and the tax law of the owner's country of residence all apply separately.
Sources
- Wyoming Statutes Title 39: the income tax chapter contains only a preemption clause, the state sales tax rate of 3% plus 1% (39-15-104), the local options (39-15-204), the $60 vendor license (39-15-106) and the $100,000 remote seller test (39-15-501)
- Wyoming Department of Revenue, Excise Tax Division: the quarterly sales, use and lodging tax rate charts by county, including the chart effective 1 October 2026 used for every local rate on this page
- Wyoming Statutes Title 17: the annual license tax of $60 or 0.0002 of capital, property and assets located and employed in Wyoming, for LLCs (17-29-209) and corporations (17-16-1630)
- Wyoming Secretary of State business FAQ: an entity with $300,000 or less in assets pays $60, and the worked example of $1,210,000 in assets giving $242
- Wyoming Department of Workforce Services: the unemployment insurance taxable wage base of $33,800 for 2026 and $34,900 for 2027
Official, read on 5 October 2026: the statutes in Titles 17, 27 and 39 as compiled by the Wyoming Legislature, the Department of Revenue rate chart effective 1 October 2026, the Secretary of State business FAQ and the Department of Workforce Services wage base table. Local sales tax rates change on the first day of a calendar quarter, so the county figures here are a snapshot and should be checked against the current chart before invoicing. Market estimate: the 5.36% average combined rate is a Tax Foundation figure, not a state one. To reconfirm before acting: the effective date of Laws 2026, chapter 19, which moved the use tax into the sales tax chapter, the unemployment rate assigned to a new employer in your industry, and whether your specific product or service is taxable in Wyoming. Federal tax and the tax position of a foreign owner are outside this page. This is not legal or tax advice.