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Invest in Wyoming
A short guide for companies expanding into Wyoming: the economy at a glance, the rules and steps to set up, and who can help, each with its source.
1. Wyoming at a glance
Population
588,753
The population was 588,753 as of July 1, 2025.
Source: Census Bureau, state population estimates, July 2025 (opens in a new tab) · as of 2025
GDP
US$52.5 billion
GDP was US$52,491.2 million in 2025, in current dollars.
Source: BEA, GDP by state, 2025 (annual update, September 2026) (opens in a new tab) · as of 2025
GDP per person
US$89,157
GDP per person was US$89,156.6 in 2025, in current dollars, computed from the Bureau of Economic Analysis's GDP and the Census Bureau's population estimate.
Source: BEA, GDP by state, 2025 (annual update, September 2026) (opens in a new tab) · as of 2025
Real GDP growth
0.1%
Real GDP grew 0.1 percent in 2025, the Bureau of Economic Analysis's published percent change, after 1.9 percent in 2024.
Source: BEA, GDP by state, 2025 (annual update, September 2026) (opens in a new tab) · as of 2025
Currency and inflation: see the United States at a glance
2. Before you set up
The body that handles foreign investment, any one-stop route, Wyoming’s limits on foreign ownership, the zones and other rules for investors, as the guide found them.
SelectUSA's Wyoming entry names the Business Council, the state's economic development agency, whose April 2026 presentation to the Legislature describes its business recruitment work.
Source: SelectUSA, state economic development contacts (opens in a new tab) · as of November 4, 2026
No single Wyoming portal for registration and tax together was found; the Secretary of State's page lists permitting, sales tax, workers' compensation and unemployment insurance agencies separately.
Source: Secretary of State, business permitting and tax registration information (opens in a new tab) · as of November 4, 2026
From July 1, 2025, the Secretary of State may dissolve an entity or revoke its authority if a foreign adversary owns or controls it, unless the federal investment committee approved.
Source: Wyoming Legislature, 2025 House Enrolled Act 9 text (opens in a new tab) · as of November 4, 2026
The Foreign-Trade Zones Board's 2024 annual report lists 1 foreign-trade zone in Wyoming.
Source: Foreign-Trade Zones Board, annual report 2024 (opens in a new tab) · as of 2024
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Since July 1, 2025, county clerks report every recorded conveyance to the state, which checks those within five miles of a critical infrastructure zone for designated foreign countries or persons.
Source: Wyoming Legislature, 2025 House Enrolled Act 32 text (opens in a new tab) · as of November 4, 2026
House Bill 224 of 2025, which would have barred foreign adversaries from owning Wyoming land, stopped on the Senate's general file after committee approval.
Source: Wyoming Legislature, 2025 House Bill 224 digest (opens in a new tab) · as of February 28, 2025
House Joint Resolution 2 of 2025, a proposed constitutional amendment on foreign adversary property, failed in the Senate's committee of the whole, 9 to 19.
Source: Wyoming Legislature, 2025 House Joint Resolution 2 digest (opens in a new tab) · as of February 27, 2025
Investment rules across the United States: see Invest in the United States
3. Steps to set up
The main steps, in order, each with the body responsible and its official page.
Setting up in Wyoming
- Apply to the Secretary of State for a certificate of authority before you transact business in Wyoming, with a good standing certificate dated within 60 days.Wyoming Secretary of StateUS$150 for a foreign profit corporation or limited liability company; US$50 for a nonprofitOfficial page (opens in a new tab)
Source: Secretary of State, business filing fee schedule, July 2026 (opens in a new tab) · as of November 4, 2026
- Apply online through WYIFS for a sales tax license if you sell taxable goods in Wyoming.Wyoming Department of RevenueAbout two weeks, per the Excise Tax DivisionOfficial page (opens in a new tab)
Source: Department of Revenue, excise tax FAQs (opens in a new tab) · as of November 4, 2026
- Register with the Department of Workforce Services for unemployment insurance and workers’ compensation if you hire in Wyoming.Wyoming Department of Workforce ServicesOfficial page (opens in a new tab)
Source: Secretary of State, business permitting and tax registration information (opens in a new tab) · as of November 4, 2026
- Ask the Wyoming SBDC about the state and local licenses and permits your type of business needs.Wyoming Small Business Development Center NetworkOfficial page (opens in a new tab)
Source: Business Council, presentation to the Joint Appropriations Committee, April 2026 (opens in a new tab) · as of November 4, 2026
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- File the annual report each year and pay the annual report license tax, which is US$60 or two-tenths of one mill on Wyoming assets, whichever is greater.Wyoming Secretary of StateUS$60 or two-tenths of one mill on assets located and employed in WyomingOfficial page (opens in a new tab)
Source: Secretary of State, business filing fee schedule, July 2026 (opens in a new tab) · as of November 4, 2026
Steps that apply across the United States: see Invest in the United States
4. Organizations that help investors
Start with Secretary of State. Each card links to the organization’s own site.
Each card says what it can help with:Get adviceFind financeMeet requirementsResearch markets
- This guide lists every body in Wyoming found with evidence dated 2025 or later; bodies whose sites refused or showed no dated evidence have no card. Source (opens in a new tab)
Investment and business setup
State business filings office
Secretary of State
Wyoming Secretary of State
Files certificates of authority for foreign entities, annual reports and business names for companies working in Wyoming.
Visit Secretary of State (opens in a new tab)Source: Secretary of State, business filing fee schedule, July 2026 (opens in a new tab) · as of November 4, 2026
Customs and tax
- Meet requirements
State tax authority
Revenue Department
Wyoming Department of Revenue
Licenses sales and use tax vendors through its Excise Tax Division and publishes sales, use and lodging tax rate charts.
Visit Revenue Department (opens in a new tab)Source: Department of Revenue, sales and use tax rate charts (opens in a new tab) · as of November 4, 2026
Chambers and industry associations
- Get advice
Statewide business association
Business Alliance
Wyoming Business Alliance
Represents Wyoming businesses, trade associations and nonprofits at the Legislature and hosts the annual Governor’s Business Forum.
Visit Business Alliance (opens in a new tab)Source: Wyoming Business Alliance, home page (opens in a new tab) · as of November 4, 2026
5. Worth knowing
Energy dominance fund
Senate Enrolled Act 69 of 2026 created a fund for coal, trona, bentonite, natural gas and energy export grants and loans, effective July 1, 2026 and repealed December 31, 2028.
What to do: Ask the Wyoming Energy Authority whether your project meets the fund’s matching and application rules.
Sources: Wyoming Legislature, 2026 Senate File 123 digest (opens in a new tab); Wyoming Legislature, 2026 Senate Enrolled Act 69 text (opens in a new tab) · as of November 4, 2026
Reserved sectors
House Enrolled Act 9 lets the Secretary of State dissolve an entity or revoke its authority if a foreign adversary controls it without federal approval, from July 1, 2025.
What to do: Check the act with counsel if any owner is tied to a foreign adversary country, and confirm no court order applies.
Sources: Wyoming Legislature, 2025 House Enrolled Act 9 text (opens in a new tab); Secretary of State, release on House Bill 69, February 2025 (opens in a new tab) · as of November 4, 2026
Severance tax reliance
The Federal Reserve Bank of Kansas City says severance taxes were about 30 percent of Wyoming's tax revenue on a 2021 to 2025 average, against 1.5 percent nationally.
What to do: Confirm current severance rates with the Department of Revenue before you model project costs.
Sources: Kansas City Fed, Rocky Mountain severance taxes, May 2026 (opens in a new tab); Legislative Service Office, Wyoming tax rates and collections, June 2025 (opens in a new tab) · as of November 4, 2026
Data center tax exemption
The Business Council certifies data center projects for the sales tax exemption and recommends exploring a legal requirement for companies using it to report.
What to do: Ask the council to confirm that your project qualifies before you buy equipment.
Source: Business Council, programs and service catalog for the Legislature (opens in a new tab) · as of November 4, 2026
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No income tax
The Legislative Service Office lists Wyoming's individual and corporate income tax rates at 0 percent, tied to Article 15, Section 18 of the state constitution.
What to do: Confirm your federal and home-state tax position with an advisor; Wyoming still charges an annual report license tax.
Sources: Legislative Service Office, Wyoming tax rates and collections, June 2025 (opens in a new tab); Secretary of State, business filing fee schedule, July 2026 (opens in a new tab) · as of November 4, 2026
Across the United States: see Worth knowing in Invest in the United States
6. How Promote:Global helps
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Promote:Wyoming is an independent guide by Promote:Global, not an official government portal. The organizations named here are independent public and membership bodies, not Promote:Global partners, and every link goes to their own site.
Facts read from public sources, with an editorial cut-off of November 4, 2026. Nothing here is investment, legal, tax or sanctions advice. Check current status with the organization before you rely on it.