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Wyoming Business Law Questions & Answers
Q: Inquiry for business registration in Wyoming

Hello everyone, I'm looking into opening a business in Wyoming from abroad with no US residence. and I'm curious about the necessary paperwork and steps required to do so. Could anyone provide guidance on the specific documents and procedures needed to establish a business entity in... View More

James L. Arrasmith
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answered on May 1, 2024

Starting a business in Wyoming from abroad is a structured process, and it's great that you're doing your research. First, you will need to decide on the type of business entity you want to establish, such as a corporation, LLC, or partnership. Each entity type has its specific filing... View More

1 Answer | Asked in Business Formation, Business Law and Immigration Law for Wyoming on
Q: Can I work without a VISA operating online business for US companies as a US LLC member (owner) but non-resident abroad?

Can I work without a VISA operating online business for US companies as a US LLC member (owner) but non-resident abroad? To be clear, I am considering opening an LLC in Wyoming from abroad (Poland) as a non-resident. When I do it, I will provide bookkeeping services for US-based businesses (small... View More

James L. Arrasmith
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answered on Apr 8, 2024

As a non-resident owner of a U.S. LLC operating from abroad, you generally do not need a visa or work permit to provide services remotely to U.S. clients. However, there are several important considerations:

1. Taxation: As an LLC owner, you will be subject to U.S. tax obligations on your...
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1 Answer | Asked in Employment Law, Tax Law and Business Law for Wyoming on
Q: Do we have to file Form 941 and Form 940 if we have independent contractors only (no employees) in our Wyoming LLC?

We have a Wyoming LLC with independent contractors, no employees. Form SS-4 for EIN says to file Form 941 and Form 940 by January 31. We like to know if this is required if we have independent contractors only. We don’t have tax payments.

James L. Arrasmith
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answered on Jan 26, 2024

No, if your Wyoming LLC only has independent contractors and no actual employees, then you would not have to file IRS Form 941 (Employer's Quarterly Federal Tax Return) or Form 940 (Employer’s Annual Federal Unemployment Tax Return).

The key factors here are:

- Independent...
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1 Answer | Asked in Employment Law, Immigration Law and Business Law for Wyoming on
Q: How should I handle a $5000 (annual) e-commerce business on an F1 visa to avoid future immigration issues?

I am on an F1 visa working for the company. additionally, I have an e-commerce business that makes 12000$ annual revenue (less than 5000$ profit). there are not many operations involved in business, but as far as I know, I can only own a business and not run it. To avoid potential future... View More

James L. Arrasmith
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answered on Dec 24, 2023

As an F1 visa holder, it's crucial to adhere to the conditions of your visa, which typically restrict employment to on-campus work or specific off-campus work authorized under programs like CPT or OPT. Running a business could potentially violate the terms of your F1 status, even if the... View More

1 Answer | Asked in Business Formation, Business Law, Civil Litigation and Employment Law for Wyoming on
Q: Are there any attorneys in Wyoming offering limited scope representation?

Regarding employment law on a case I filed with the EEOC and Wyoming department of Labor, I'm looking for a limited scope attorney or a contingency agreement for fees attorney

Tim Akpinar
Tim Akpinar
answered on Oct 30, 2024

A Wyoming attorney could advise best, but your question remains open for three weeks. This is not my area of practice, but as a general note, there are attorneys who do limited scope representation. But every case is fact specific, and a law firm would want to know more before answering your... View More

1 Answer | Asked in Business Law for Wyoming on
Q: What are my legal options

Wyoming C -Corp Startup Business. Only got limited corporate filing completed. Over the brief course of our collaboration, we verbally agreement to build this business together, with the intention of formalizing our partnership through a shareholders' agreement that never happened. With... View More

Tim Akpinar
Tim Akpinar
answered on Sep 27, 2023

A Wyoming attorney could advise best, but your question remains open for two weeks. It looks like your matter also involves elements of a business formation, and there are attorneys on the forum who have insight there. You could add the category to your post. But based on your description, it seems... View More

1 Answer | Asked in Business Law for Wyoming on
Q: could you tell me please which is the jurisdiction- section for Wyoming General corporation law, is for sign a board of
T. Augustus Claus
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answered on Aug 25, 2023

In Wyoming, the relevant section of law for matters related to corporations, including the signing of a board of directors' resolution, can be found in the Wyoming Business Corporation Act (W.S. 17-16). This statute outlines the various aspects of corporate governance, including the duties and... View More

1 Answer | Asked in Tax Law, Business Formation and Business Law for Wyoming on
Q: Should I establish as a LLC or S-Corp in Wyoming? What's the best tax-saving path?

I currently reside in California and am planning on establishing my consulting agency. It will just be me and planning to hire independent contractors.

D. Mathew Blackburn
D. Mathew Blackburn
answered on Dec 29, 2019

You should setup an LLC in the state where you operate. Then determine if an S-election is appropriate for your LLC.

If you establish in WY you'll have to file a foreign registration in CA.

Hire a professional.

1 Answer | Asked in Business Formation, Business Law and Tax Law for Wyoming on
Q: What is the effective difference between a C-Corp and an LLC taxed as a C-Corp?

I am from the UK and looking to setup a US business. I've decided that taxation as a C-Corp is best as I am looking to build capital and retain profits in the company so a pass-through entity is not ideal. I understand that as a C-Corp, things are more formal and decisions require minuted... View More

D. Mathew Blackburn
D. Mathew Blackburn
answered on Aug 19, 2019

For tax there is no difference. For state business compliance issues a Corporation has slightly more things that have to be done to maintain the corporate veil. Annual meetings are required where an LLC can waive them you have to set a par value for shares and report the number of shares issued... View More

1 Answer | Asked in Contracts and Business Law for Wyoming on
Q: In the state of Wyoming what are the consequences for failure to return rented personal property
Bruce Alexander Minnick
Bruce Alexander Minnick
answered on Apr 25, 2019

Depending on the value of the personal property you rented, and the terms of your rental agreement, you may see a collection attempt followed by a lawsuit, or worse.

1 Answer | Asked in Consumer Law, Business Law and Wrongful Death for Wyoming on
Q: Do I have to sign a waiver with the shop request?
Peter N. Munsing
Peter N. Munsing
answered on Jun 1, 2017

If the shop requires it then your only option is to look for another shop.

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