Does Wyoming allow professional LLCs for doctors and lawyers?
Yes, Wyoming allows professional LLCs (PLLCs) under Wyo. Stat. § 17-29-104(e) for doctors, lawyers, and other licensed professionals. However, eligibility requires that the profession's Wyoming licensing statute permits LLC practice and the licensing board does not prohibit it. Both physicians and attorneys must verify with their respective licensing boards—the Wyoming Medical Board and Wyoming State Bar—before forming a PLLC.
Eligibility Requirements
Wyoming permits PLLCs only when two conditions are met:
- The profession's licensing statute allows it — Wyoming's medical and legal licensing statutes must not restrict practice to sole proprietorships or partnerships.
- The licensing board does not prohibit it — The Wyoming Medical Board or Wyoming State Bar must permit LLC practice for their licensees.
Most regulated professions, including medicine and law, permit LLC formation. However, confirmation is essential before filing articles of organization.
Formation Process
File Articles of Organization with the Wyoming Secretary of State and designate the entity as a professional LLC. All members and managers must hold valid Wyoming professional licenses. Wyoming does not require publication of formation documents, reducing costs and timeline.
Key Requirements
Registered Agent
Maintain a Wyoming-based registered agent with a street address (not a P.O. box). This applies to all LLCs, including PLLCs.
Member Licensing
All members must be licensed in the profession the PLLC practices. Unlicensed members cannot participate in a medical or legal PLLC.
Professional Liability
Wyoming's LLC structure does not shield individual practitioners from professional liability. Each licensed member remains personally responsible for their own malpractice or professional misconduct. Professional liability insurance is essential.
Charging Order Protection
Wyoming offers strong asset protection under Wyo. Stat. § 17-29-503, limiting creditors to charging orders rather than forced member buyouts. This protects business assets from creditor claims but does not apply to professional liability.
Next Steps
- Contact your licensing board — Confirm PLLC eligibility with the Wyoming Medical Board (physicians) or Wyoming State Bar (attorneys).
- Review your profession's licensing statute — Verify no restrictions exist on LLC practice.
- File Articles of Organization — Submit to the Wyoming Secretary of State with PLLC designation.
- Designate a registered agent — Appoint a Wyoming-based agent before filing.
- Maintain professional licenses — Ensure all members hold current licenses before commencing practice.
This is general information, not legal advice. Consult your licensing board and an attorney before forming a PLLC.