State guide · Wyoming
Starting a Medical Practice in Wyoming
What physicians need to know about Wyoming's regulatory environment, entity requirements, and practice-specific rules.
Entity required
Professional Corporation or LLC
LLC permitted
Yes
CPOM enforcement
Limited
Top income tax
None
Min. franchise tax
Verify — WY annual report fee minimum $60
Med board registration
Not required
The information on this page is provided for general reference only and may not reflect recent regulatory or legislative changes. Entity formation requirements, tax rates, and CPOM rules vary by state and change frequently. Always verify requirements with your state's official agencies, a qualified healthcare attorney, or a CPA with medical practice experience before making business formation decisions. Nothing on this page constitutes legal or financial advice.
Entity Requirements
Wyoming physicians may form a Professional Corporation under Wyo. Stat. Chapter 17-3 or an LLC under Chapter 17-29. Wyoming's LLC statute is broadly permissive of professional practices.
Filing is with the Wyoming Secretary of State.
- •Form a Professional Corporation or LLC
- •Owners practicing medicine must be licensed Wyoming physicians
- •File Articles of Incorporation or Articles of Organization with the Secretary of State
- •File Annual Report with the Secretary of State
Corporate Practice of Medicine
Wyoming has a limited Corporate Practice of Medicine doctrine. Fee-splitting is prohibited.
Tax Considerations
Wyoming has no personal or corporate income tax. No franchise tax beyond annual report fee.
- •No personal or corporate income tax
- •Annual report fee: Verify — $60 minimum
- •4% statewide sales tax (plus local)
Wyoming State Board of Medicine
Wyoming does not require entity registration with the Board of Medicine for general practices.
- •No general entity registration required
- •All practicing physicians must hold an active Wyoming medical license
Employment Law Considerations
Wyoming is one of the most employer-friendly states. At-will employment, no state-mandated paid sick leave, and non-competes generally enforceable.
- •At-will employment
- •No state-mandated paid sick leave
- •Non-competes enforceable if reasonable
- •WY minimum wage at federal $7.25/hour
Official resources
Bookmark these official agency portals for Wyoming entity formation, tax registration, and medical board information.
Looking for Wyoming licensing and credentialing information?
State medical license requirements, controlled-substance registration, and Medicaid enrollment specifics for Wyoming.
View Wyoming licensing guide →Get the complete practice startup guide
Everything you need to launch an independent practice — free download