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Wyoming Business License Fee
A Wyoming business license or any business license for that matter is basically a type of permit that is issued by state or government agencies or even local counties to allow individuals or businesses to conduct their business within a specific geographical jurisdiction. Some states may require a business to apply for multiple licenses and permits and their requirements and fee will vary depending on the business activity and other factors. Hence, we have created this guide to provide informational assistance pertaining to Wyoming business license application, license and permits based on types of business, and general permit requirements in Wyoming among others.
Wyoming Business License
The state of Wyoming does not have a state business license like some of the other states have. So how does a business acquire a Wyoming business license? The license is issued in the state according to the type of business being conducted or the business activity. Hence, it is always best to conduct a Wyoming business license search prior to applying for a license.
It is important to also understand that not all the businesses in Wyoming may require a license or a permit to conduct their business. At the same time, some entities or activities may warrant the issuance of Wyoming business license from the state departments as well as counties. Some companies may require multiple licenses or permits and will be required to file Wyoming business license applications for each license. Let’s look at an example to understand this.
Example: If you start a food service establishment or business that serves liquor in Cheyenne, Wyoming then you will require a business license and the Wyoming business license fee would vary depending on several factors. The license will be issued under the Wyoming Food Safety Rule and will be issued by the Wyoming Department of Agriculture or a local health department. You will have to follow the Standard Operating Procedures (SOP) and food establishment inspections will be carried out prior to issuance of license. Since your establishment serves liquor; you will have to apply for a liquor license with the Wyoming liquor division or with the office of the County Clerk in Cheyenne. If you want to expand to doing catering or off-premise sale of malt beverages then you can conduct a Wyoming business license search for the permits or additional licenses you may require.
Some of the important categories of regulatory business licenses and permits in Wyoming include:
- Agriculture
- Health and safety
- Environmental protection
- Transportation
- Large-scale projects
- Public land
Want to know what Wyoming licenses your business requires?
Wyoming small business information
As a small business, apart from fulfilling the requirement of a Wyoming business license search, you will also need information pertaining to a variety of aspects right from business formation or availability of state based resources. One of the best places to check informational resources to check Wyoming business license fees and other small business information is the business & UCC center of the Wyoming Secretary of State (SOS) website. This section provides information pertaining to starting a new business, various online business services, annual requirements and maintaining your business, forms and FAQs.
If you are looking for business resources pertaining to accessing new markets, business financing, Wyoming business license, sales tax, or specialized assistance then the Wyoming Business Council (WBC) website will be helpful. The Wyoming Business Council (WBC) is a department of the State of Wyoming’s Economic Development Agency and provides information on opportunity zones and their benefits. The WBC also provides a detailed Wyoming business license application guide also known as the Guide to Business Permitting and Licensing in Wyoming as well as a checklist for starting a business in Wyoming.
The Wyoming Small Business Development Center (SBDC) Network is also a very resourceful website for new business owners in the state. It has been formed out of a partnership between the University of Wyoming, the U.S. Small Business Administration (SBA), and the Wyoming Business Council (WBC). They provide business expertise through various training programs to help you in starting and growing your business. The resources will also help you identify business specific requirements including applying for a Wyoming business license and innovation funding.
The U.S. Small Business Administration (SBA) is another organization that provides useful resources and information to small businesses. It is a United States government agency that specializes in providing support to small businesses and entrepreneurs in the form of their lending programs, entrepreneurial development programs, Federal contracting and business development programs, Wyoming business license renewal programs etc.
General Permit Requirements in Wyoming
The “General Permit Requirements” in Wyoming specify categories that provide an insight into the various requirements of a Wyoming new business. This can include Wyoming business license requirements in the state as well as several other requirements like unemployment insurance & employer registration or Occupational health and safety. Let us look at the various general permit requirements in the state.
Unemployment insurance & Employer registration
Unemployment Insurance (U.I.) is a type of fund that has been established by provisions of the Wyoming Employment Security Law. It has been designed for compensating any eligible workers for a specific portion of wage loss if they lose their jobs due to no fault of theirs. The primary objective is to provide aid to unemployed workers through a weekly income as they look for employment. The unemployment insurance funds are paid by the employer or business as an unemployment insurance tax.
The unemployment insurance takes into account full-time, part-time, as well as casual workers. If you are a business owner then you will be required to apply for employer registration. You can apply for this before or after getting your Wyoming business license. You can register from:
- Unemployment Insurance division – Employer accounts section
- 100 W. Midwest
- P.O. Box 2760
- Casper, WY 82602
- (307) 235-3217
New hire reporting
New hire reporting along with employment eligibility verification seek to preserve jobs and this is governed by the Immigration reform and control act of 1986. The job preservation is meant for those who are legally entitled in the state of Wyoming and the United States to work. As an employer, you will be required to verify employment eligibility of anyone hired after November 6, 1986. You will be required to fill and submit form I-9 for the same, which is for verifying the identity and employment authorization of individuals being employed. Unlike the Wyoming business license application, which is issued by the state, the I-9 form is issued by the United States Citizenship and Immigration Services. It is also important to note that Wyoming has a new hire reporting center just like other states and you have to report any new hires at this center.
Federal requirements
One of the important requirements for any new business apart from Wyoming business license is the federal tax requirements. According to the Internal Revenue Service (IRS), some of the major forms of businesses like Sole Proprietorship, partnership, Limited Liability Company (LLC), C Corporation etc., have different federal tax responsibilities. The Employer Identification Number (EIN) is especially required if you have employees and will be paying wages to them. It is hence imperative for businesses to apply for and obtain an EIN or Employee Identification Number as this will facilitate the filing of tax returns with the IRS.
Local licensing requirements
Different states have different licensing requirements! If you are forming a new business in Wyoming then you will need to conduct a Wyoming business license search with the city, town or county authorities, where you have or are planning to operate your business from. This will help you to identify the local licensing requirements. Each county may have separate requirements, different Wyoming business license fee, and rules and regulations pertaining to issuance of the permit or license. The City Clerk or County Clerk’s office will be able to provide you with detailed information regarding a business license for specific business activities. You can alternatively obtain our definitive guide on business licenses.
Identify the Wyoming Licensing Requirements for your business!
Workers’ compensation
Wyoming Workers’ Compensation is a state program and is considered to be as important as a Wyoming business license. The Workers’ compensation is applicable only when your company has employees and this is governed by the Wyoming Workers Compensation Act, WY Stat § 27-14-101 (2018). The intent of the act is to provide a benefit system for the workers, so that employers are able to derive the necessary medical benefits if injured in the line of work. The benefits depend on the extent of the injury and can include Medical, hospital and ambulance expenses; private nursing or nursing home care (WY Stat § 27-14-401, 2018); and temporary total disability as defined under W.S. 27-14-102(a)(xviii) among others. It is the responsibility of the employer to apply for the coverage of eligible employees.
Occupational health and safety
The Occupational health and safety of every employee hired is foremost and this is more so for employees classified in an occupation or industry designated to be hazardous by law. The health and safety of workers are overseen by the Wyoming Occupational Safety and Health Administration (Wyoming OSHA), which is a part of the Wyoming Department of Workforce Services. As a part of the Wyoming OSHA Voluntary and Cooperative Programs, free health and safety assistance is offered to Wyoming employers upon request. The Wyoming OSHA is also responsible for enforcing the occupational safety and health standards. As a part of the enforcement, OSHA compliance officers may inspect any workplace to check for hazardous conditions and if violations exist then citations will be issued. You can get more information from:
- Wyoming Department of Workforce Services
- 5221 Yellowstone Road
- Cheyenne, Wyoming 82002
- Phone: (307) 777-7786
- Fax: (307) 777-3646
Obtain Professional License
A professional license is different from a Wyoming business license as it refers to licensing for a specific niche or occupations. If you are a professional engineer and plan to start a firm that oversees engineering projects then you will need to obtain a professional engineer license prior to starting your business. The requirements for a professional license are governed by 2014 Wyoming Statutes, Title 33 – Professions and Occupations. You will need to search for your license based on your profession or occupation and apply with the respective professional board like the Board of Architects and Landscape Architects, the Board of Professional Engineers and Professional Land Surveyors. You can even file the for a Wyoming business license application for professionals with the office of the county clerk.
Wyoming Business License Fees
In the state of Wyoming, business licenses and permits are issued by different regulatory bodies, cities, and county clerk offices. There is no single state business license and hence the Wyoming business license fee is dependent on the following:
- Location of your business: This will help you identify the city or county that will issue the license. You will also have to submit the Wyoming business license renewal with the same county or city.
- Type of business activity: The Wyoming business license fee will vary with the business activity and the city or county e.g., the business licensing fee in Evanston is fixed and based on number of employees while licensing or permit fee in Cheyenne is business activity driven.
If you face any problems or have queries pertaining to Wyoming business license fee, license application, or Wyoming business license renewal then you can contact our team and they would be glad to assist you.
How does IncParadise help you?
Each business has different objectives and business activity and will be located in different cities or counties across Wyoming. Hence, the Wyoming business license requirement will be different for each business. This is why, at IncParadise, we focus on providing a service that will cater to your specific licensing needs. We can provide guidance and assist you to obtain your business licenses and permits while maintaining compliance with the Wyoming licensing regulations.
IncParadise offers Mail Forwarding Services to new businesses as well as a Virtual Office Program to ensure that you can run your business from anywhere in the world. The Wyoming mail forwarding services will help you receive all your important and business-related mails and the virtual office program will provide your company with a physical address.
IncParadise, is a full-fledged, top-of-the-line registered agent in Wyoming and has a strong presence in all 50 states. We offer a wide variety of services based on the different requirements that any business may have in the state. Your business can benefit from our bouquet of additional services that vary from obtaining an EIN to S Corporation election, mail forwarding services, Certificate of Good Standing, Business License Report, domestication among others.