What Are the Penalties for Late LLC Filing in Wyoming?
Wyoming does not impose a separate late fee for missed annual report deadlines. Instead, your LLC faces automatic administrative dissolution if the annual report and $60 license tax remain unpaid 60 days after the due date (Wyo. Stat. § 17-29-209). This 60-day grace period is your only protection before the state dissolves your entity without further notice.
The 60-Day Grace Period
Your annual report is due on or before the first day of your LLC's formation anniversary month each year. Missing this deadline triggers a 60-day countdown. If you file and pay the $60 license tax within this window, your LLC remains in good standing with no penalty assessed.
After 60 days of non-payment, the Wyoming Secretary of State will administratively dissolve your LLC (Wyo. Stat. § 17-29-210). Dissolution terminates your legal status and ability to conduct business in Wyoming. No monetary fine applies—dissolution itself is the consequence.
Reinstatement After Dissolution
If your LLC is administratively dissolved, you have two years to reinstate by:
- Filing each delinquent annual report
- Paying each delinquent license tax ($60 per year)
- Submitting a $100 reinstatement fee
All three steps must be completed within two years of dissolution. After two years, reinstatement becomes unavailable, and you must form a new LLC.
Reinstatement restores your LLC's good standing retroactively to the dissolution date, allowing you to resume business operations.
Why This Matters
Late filing carries no monetary penalty, but the consequences are severe. During dissolution, your LLC cannot conduct business, sue, or defend lawsuits. Members may face personal liability claims. Reinstatement costs $100 plus back taxes and filings—significantly more expensive than timely compliance.
How to File
Submit your annual report online at https://wyobiz.wyo.gov/Business/Default.aspx or contact the Wyoming Secretary of State at (307) 777-7311 for assistance. Filing electronically eliminates mail delays and ensures timely receipt.
This is general information, not legal advice.