Doing Business in Carbon County
Carbon County welcomes new business opportunities! The following information should be useful in either setting up your business or expanding your business. Please contact the Carbon County Economic Development office for further information if you have any questions!
Licenses & Permits
All businesses need to register with the Wyoming Secretary of State under an assumed name, partnership, corporation, or limited liability company. There are special use permits that may be required by Carbon County.
- Wyoming Secretary of State: 307-777-7378
- Wyoming Department of Workforce Services: 307-777-8650
- Wyoming Department of Employment: 307-382-2747
- Wyoming Workers Compensation Division: 307-777-7441
- Wyoming Small Business Development Center: 307-766-3530 (Regional Director’s office)
- Wyoming State Engineer’s Office: 307-777-7288
- Wyoming State Fire Marshal: 307-777-7288
- State Engineer’s Office
- Health and Safety Administration: 307-777-7786
- Carbon County Planning and Development: 307-328-2651
Why Wyoming and Carbon County – Incentives/Taxes
The state of Wyoming does not levy a personal or corporate income tax. There are no inventory taxes, no franchise tax, no occupation tax and no value-added tax. Wyoming does not impose a tax on intangible assets such as bank accounts, stocks, or bonds either. In addition, Wyoming does not assess any tax on retirement income earned and received from another state. There is no current legislation in the works to create any state income tax.
Manufacturing Sales Tax Exemption – The sales tax burden is exempt on the sale or lease of machinery to be used in the state of Wyoming directly in manufacturing tangible personal property.
Sales Tax Exemption on Electricity Used in Manufacturing – The sales tax burden is exempt on sales of fuel or power to a person engaged in the business of manufacturing, processing or agriculture when the same is consumed directly in the manufacturing process.
The Wyoming Business Council’s Business Ready Community grant and loan program provides financing for publicly owned infrastructure to assist the start-up, retention, expansion or location of a specific committed business. Maximum award is $3 million with a 10 to 30 percent match. Cities, towns, joint power boards and the certain tribes are eligible to apply for funding.
For more information on the above programs as well as the Data Center Sales Tax Exemption, Bridge loans, WY partnership guaranteed loan, Tax-Exempt Industrial Development Revenue Bond, Economic Development Large Project loan, and more go to the Wyoming Business Council site.
Government Contracting Opportunities
If you want information about how your company can get registered to bid on the $300 billion in goods and services purchased by the U.S. Government each year, please call the Wyoming Procurement Technical Assistance Center, at 307-637-5029 or visit their website at wyen.biz.
2016 Carbon County Tax Levies:
tax levies Click on link.
Industrial property tax is figured using the following formula: (Asset Value x 11.5%) x Local Mill Rate = Annual Property Tax Liability.
Wyoming sales tax rate is 4% statewide with Carbon County electing up to 2% additional for a total of 6%.