How long does a setting up a Wyoming LLC for a non-resident foreign take?

Company Formation: less than 24 hours

A Wyoming LLC is formed in less than 24 hours. From this moment you can operate your company and start trading, sign contracts, etc., except those activities where you need an EIN.

EIN: 2 weeks

We should receive your EIN Number in about 2 weeks after we have faxed the application. This timeframe is an estimate and might vary depending on the IRS workload and season. The EIN will be useful to open bank accounts, sign up on platforms, etc.

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Beneficial Ownership Report: after we obtain the EIN.

In order to submit the Beneficial Ownership Information report to FinCEN, we must first obtain the EIN. The deadline to submit the BOI Report is 30 days after company formation for companies formed in year 2025.

Bank Account Opening:

To open the bank account, the majority of banks and EMIs ask for the EIN confirmation Letter. o EIN Number. Wise is an option that allows you to request the Business Account Opening without having received the EIN Number yet.

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Whole Process: 3 weeks

In summary, the whole process, from forming the Wyoming LLC to having the EIN and bank account set up, takes about 3 weeks minimum.