How long does it take to form a Wyoming LLC?

Standard processing takes 3-5 business days. Expedited filing is available for 24-hour processing.

Do I need a US address to form an LLC?

No, you can use a registered agent service that provides a Wyoming address. This is included in most formation packages.

Can I open a US bank account without visiting?

Yes, many non-residents open online business bank accounts with Mercury, Relay, or Wise without visiting the US.

What are the annual fees for a Wyoming LLC?

Wyoming requires a $60-100 annual report fee and approximately $25-50 for registered agent service.

Is Wyoming LLC good for non-residents?

Yes, Wyoming offers the best combination of privacy, asset protection, low fees, and no state tax for non-resident LLC owners.

How to Open a Novo Account for Wyoming LLC

Opening a Novo account for your Wyoming LLC is straightforward and can be completed entirely online. Novo is a modern digital banking platform that Freelancers, consultants, and small service businesses. This guide walks you through every step.

Before starting, ensure you have your Wyoming LLC formed and EIN obtained.

Novo Overview

Monthly Fee

$0

Min. Deposit

$50 (recommended)

Approval Time

Instant to 1 business day

Key Features

InvoicingReservesStripe IntegrationQuickBooks SyncMobile Check Deposit

Requirements for Novo

✓US LLC with EIN
✓US business address
✓Valid ID
✓Business description
✓Social Security Number or ITIN (if applicable)

Step-by-Step Application

1

Form Your Wyoming LLC

Complete formation with registered agent.

2

Obtain Your EIN

Apply for EIN from the IRS.

3

Prepare Documentation

Gather passport, LLC documents, Operating Agreement, and EIN letter.

4

Apply Online

Visit novo.co and complete the application with business details.

5

Upload Documents

Upload clear, high-resolution copies of all required documents.

6

Verification

Novo will review your application, typically taking Instant to 1 business day.

7

Fund Account

Fund with minimum deposit ($50 (recommended)) to activate.

Novo Pros

• No monthly fees
• Unlimited invoicing
• Integrates with popular tools
• Mobile-first experience
• Automatic savings reserves

Novo Cons

• No interest on balances
• No physical branches
• Limited cash deposits
• Basic reporting features
• No dedicated business credit cards

Tips for Success

Be Consistent

Ensure all information matches exactly across documents.

Have a Website

A professional website helps establish legitimacy.

Respond Promptly

Respond to bank requests within 24-48 hours.

Frequently Asked Questions

How long does approval take?

Novo typically takes Instant to 1 business day.

Can I open without SSN?

Yes, accepts passport and EIN without SSN.

What fees apply?

Novo charges $0 monthly with $50 (recommended) minimum.

Ready to Open Your Novo Account?

Start with forming your Wyoming LLC. We will help you get banking-ready.

Form Your Wyoming LLC Now