b'3.Wyoming has no personal income tax or business taxes that apply to members of a Wyoming limited liability company. 4.You can use your out-of-state business address with a Wyoming LLC, although you do have to appoint and maintain a registered agent in Wyoming and pay its annual dues for the life of your Wyoming LLC. We have an agreement with a registered agent that has nationwide offices, and who can provide this service for our clients for $100 annual fee. If you dont have a business address, there are registered agents in Wyoming that can also provide you with a business address and mail forwarding for an additional annual fee. If you fail to pay the registered agents annual fee, they will notify the state that they are no longer your registered agent, and unless you (or a new registered agent) have filed paperwork with the state appointing a new registered agent, your entity could be suspended or dissolved by the state.5.You do have to pay an annual registration fee to the State of Wyoming until you dissolve your Wyoming LLC. If you fail to pay this fee, your entity could be suspended or dissolved by the state.6.Wyoming LLCs can be formed nearly instantaneously online. 7.But heres the real reason: unlike all of the other states, Wyoming offers the same protection to single-member limited liability companies that other states offer only to multi-member limited liability companies. To my knowledge, its the only state that has a statute that does this. More about this below: 226'