Wyoming LLC Operating Agreement

Single-member or multi-member operating agreement under your state's LLC act: ownership, management, capital, distributions, transfers and dissolution.

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Wyoming rules that this document follows

LLC statuteWyoming Limited Liability Company ActSource: Wyo. Stat. § 17-29-101 et seq.
Operating agreement required?Not required by statute, but strongly recommended (may be oral; written is far safer)Source: Wyo. Stat. §§ 17-29-102(a)(xiii), 17-29-110 (oral, implied, in a record, or any combination)
Formation fee$100.00
Annual report$60.00 — Annual report/license tax due by the first day of the anniversary month; $60 minimum or $0.0002 per dollar of Wyoming assetsSource: Wyo. Stat. § 17-29-209; § 17-28-105
State LLC / franchise taxAnnual license tax = greater of $60 or 0.02% of Wyoming-located assets (Wyo. Stat. § 17-28-105)
Charging order exclusive remedy (SMLLC)yesSource: Wyo. Stat. §§ 17-29-407 (majority of members), 17-29-404 (equal shares), 17-29-503 (charging order sole and exclusive remedy incl. single-member)

Rules current as of 2026-09-07. Statutes change; verify before relying on them.

How to use this LLC Operating Agreement in Wyoming

Sign the agreement as soon as the LLC is formed and before opening the bank account. Fill Schedule A with actual contributions — the percentages drive profits, votes and buy-outs. Multi-member LLCs should agree on the buy-out formula now, while everyone is friendly.

Review annually and whenever a member joins, leaves, marries, or the tax election changes. Keep it with the articles, EIN letter and annual report receipts.

Frequently asked questions

Is an operating agreement required in Wyoming?

Not by statute (Wyo. Stat. §§ 17-29-102(a)(xiii), 17-29-110 (oral, implied, in a record, or any combination)). Banks, investors and courts expect a written agreement, and a single-member LLC without one is easier to pierce.

What are the ongoing state fees for an LLC in Wyoming?

Annual/periodic report: $60.00 (Annual report/license tax due by the first day of the anniversary month; $60 minimum or $0.0002 per dollar of Wyoming assets; Wyo. Stat. § 17-29-209; § 17-28-105). Annual license tax = greater of $60 or 0.02% of Wyoming-located assets (Wyo. Stat. § 17-28-105).

Does the operating agreement get filed with the state?

No. It is an internal document. Keep the signed original with the Company records; banks and the IRS may ask for a copy.

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FormsByState provides self-help document templates and general information, not legal advice. We are not a law firm. For advice about your situation consult a licensed attorney in your state.