A non-resident can form a Wyoming LLC entirely online, without ever visiting the US or holding a US visa, and it is usually the cheapest compliant US entity for a solo or bootstrapped founder. The flow is simple: appoint a Wyoming registered agent, file the Articles of Organization with the Secretary of State, get an EIN from the IRS, then open a US bank account. Plan on roughly $100-$110 to file and about $299-$399 a year all-in to keep it alive. The one thing nobody warns you about: even with zero activity, a foreign-owned single-member LLC must file a US federal return every year or face a $25,000 penalty.
You do not need to be in the US, be a US citizen, or hold a visa to own a Wyoming LLC.
Cost: ~$100-$110 to file, $60-minimum annual report, ~$299-$399/yr all-in with a registered agent.
Order of operations: registered agent → Articles of Organization → EIN → US bank account.
An EIN is mandatory before any US bank will open your account, and you can get one with no SSN (SS-4 line 7b).
The hidden obligation: file Form 5472 + a pro forma 1120 every year, even at $0 activity — miss it and the penalty is $25,000 per form.
Can a non-resident form a Wyoming LLC without living in the US?
Yes. There is no citizenship, residency, or visa requirement to own a Wyoming LLC.
Wyoming lets a person living in India, Nigeria, Brazil, or anywhere else own 100% of a Wyoming LLC remotely. What the state does require is a registered agent with a physical Wyoming address to receive legal mail on your behalf — you cannot use a foreign address for that role. Beyond the agent, you file a one-page Articles of Organization and you are formed; the Secretary of State does not ask where you live.
Wyoming is also one of the few states that keeps member and manager details off the public record, which is why privacy-conscious founders gravitate to it.
If you are still weighing states, the best state to form a US company guide covers when Wyoming beats Delaware, New Mexico, and the rest. For most one-person global businesses, the answer is Wyoming.
How much does a Wyoming LLC cost to form and run each year?
Filing is cheap and upkeep is low — that is the whole appeal.
The Wyoming Secretary of State charges $100 to file the Articles of Organization (about $100-$110 once payment processing is added), and the annual report carries a license tax of $60 for an entity with $300,000 or less in Wyoming assets. The other recurring line is a registered agent, which runs roughly $50-$200 a year. Add it up and a typical Wyoming LLC costs about $299-$399 a year all-in to stay in good standing.
Wyoming charges no state income tax on the LLC, so your only state costs are the filing fee, the $60-minimum annual report, and the registered agent — the real money is federal, not state.
| Item | Cost | When |
|---|---|---|
| Articles of Organization filing | $100-$110 | One-time, at formation |
| Annual report license tax | $60 minimum | Yearly, anniversary month |
| Registered agent | $50-$200/yr | Yearly |
| All-in annual upkeep | ~$299-$399 | Yearly |
| State income tax on the LLC | $0 | N/A in Wyoming |
Numbers above are state and agent costs only and exclude US federal filings, which apply no matter which state you pick. For the full WY-vs-Delaware comparison on cost, see how much it costs to form and run a US company.
What are the steps to form a Wyoming LLC from abroad?
Five steps, in this order — the order matters because each step unlocks the next.
Pick a unique name. It must be distinguishable from existing Wyoming entities and include 'LLC' or 'Limited Liability Company'; check availability on the Wyoming Secretary of State business search.
Appoint a Wyoming registered agent with a physical in-state address. This is mandatory and cannot be a foreign address.
File the Articles of Organization with the Wyoming Secretary of State (online via WyoBiz or by mail), pay the ~$100 fee, and you are formed.
Get an EIN from the IRS using Form SS-4 — required before any bank will open your account (covered below).
Open a US business bank account with your formation documents and EIN, then connect your USD and USDC payment rails.
You will also want an operating agreement. Wyoming does not file it with the state, but your bank will likely ask for one, and it is what governs ownership and management of a single-member LLC.
StableCorp runs all five steps end to end — registered agent, Articles of Organization, EIN, and US bank account — so you sign once instead of assembling four vendors. See pricing for the all-in number.
Can I get an EIN for my Wyoming LLC without an SSN?
Yes — you do not need a Social Security Number to get an EIN as a foreign owner.
On Form SS-4, line 7b asks for the responsible party's SSN, ITIN, or EIN. The IRS instructions tell foreign applicants with none of these to enter "Foreign" (some filers write "N/A"); in practice, some leave it blank and the EIN still issues. Because you cannot apply online without a US taxpayer ID, non-residents submit the SS-4 by fax or mail.
Fax is the faster route. The IRS fax number for applicants outside the US is 304-707-9471 (855-215-1627 inside the US), and an EIN typically comes back in about four business days; there is also an international phone line at 267-941-1099.
The deeper walkthrough lives in the EIN without an SSN guide. The key fact to carry forward: the EIN must exist before you apply for a bank account.
Do I need an EIN before opening a US bank account?
Yes. An EIN is required to open a US business bank account, and applications without one are rejected.
This is the single most common sequencing mistake non-residents make: they try to open a bank account before the IRS issues the EIN, and the application bounces. Form first, EIN second, bank third. Once the account is open, your Wyoming LLC can invoice in USD and receive payments like any US business.
Here is the StableCorp-specific insight most formation guides skip: where you incorporate determines your effective cost to turn stablecoins into spendable cash. A Wyoming LLC can receive USDC and USDT, but the off-ramp fee is not the same for everyone.
For clients incorporated with StableCorp, the off-ramp is 0.5% and the on-ramp is 1.5% — versus the market's roughly 2.9% headline plus about 2% hidden FX markup, which lands near 5% effective.
StableCorp pays out USDC and USDT on Solana, Ethereum, and Polygon, and for Indian founders runs a direct off-ramp to INR at 1% on compliant RBI purpose-code rails (P0802, P1004, P1005, P1006, P1007, P1009, and others on request) — a proper paper trail, not the DIY direct-wallet grey area. Saving $40 on a cheap-state filing is real; saving percentage points on every dollar you move is bigger. Compare the full schedule on pricing.
What does a Wyoming LLC have to file every year?
Two separate things: a Wyoming state annual report and a US federal return — and the federal one is the trap.
The state side is easy. Your Wyoming annual report is due on the first day of your formation anniversary month, with a $60-minimum license tax; if it goes unpaid for 60 days past the due date, the state can dissolve your LLC.
The federal side is where founders get burned. A foreign-owned single-member LLC is a disregarded entity that must file Form 5472 with a pro forma 1120 every year — even with zero revenue and zero activity — and the penalty for not filing is $25,000 per form. It is due April 15, you can extend six months with Form 7004, and it cannot be e-filed; it goes in by fax or mail. This obligation exists because you formed in the US, not because of where you live, and it follows the LLC regardless of the state.
If you want the mechanics, the foreign-owned US LLC explained guide breaks down the 5472 filing in detail. Budget for a CPA who has filed it before; this is not the place to learn by trial.
Is a Wyoming LLC the right choice for you?
If you are solo, bootstrapped, or running a service business, a Wyoming LLC is almost always the right call.
It is cheap to run, keeps your details off the public record, pays no state income tax, and gives you a clean US entity to invoice clients and get paid in USD or USDC. The one scenario where it is the wrong pick is if you are raising venture capital — US and global VCs fund Delaware C-Corps, so a fundraising-track founder should start there instead and read the Delaware C-Corp formation guide.
StableCorp forms Wyoming LLCs and Delaware C-Corps, files your SS-4, opens the US bank account, and can onboard an existing entity if you already formed one elsewhere. Start with pricing to see the all-in cost for the Wyoming path.
This article is general information, not legal or tax advice. State fees and federal rules can change — verify current guidance with the Wyoming Secretary of State and the IRS before you file.
Sources
Wyoming Secretary of State — Business Fees Schedule — https://sos.wyo.gov/business/docs/businessfees.pdf
Wyoming Secretary of State — LLC Articles of Organization — https://sos.wyo.gov/forms/business/llc/llc-articlesorganization.pdf
Wyoming Secretary of State — Business Online Services (WyoBiz) — https://sos.wyo.gov/Business/OnlineBusinessServices.aspx
Wyoming Secretary of State — Annual Report and License Tax Rules — https://sos.wyo.gov/Business/docs/SOSTaxWorksheetRules.pdf
IRS — About Form SS-4 (Application for EIN) — https://www.irs.gov/forms-pubs/about-form-ss-4
IRS — About Form 5472 — https://www.irs.gov/forms-pubs/about-form-5472