I received a renewal notice from my registered agent and got confused

First year promos are common. They hook you with a low rate then it goes up. Check your original agreement for the renewal terms.

The price increase is pretty standard. Most registered agent services offer a discounted first year. After that you pay their regular rate. If you don't renew and you don't appoint a new agent, your LLC could be administratively dissolved by the state for not maintaining a registered agent. That's a bigger headache than the fee.

What rustybench said. Also, if you're the only member and you you have a physical address in Wyoming, you might be able to be your own registered agent. I did that for my small LLC to save money. Just need to be available during business hours for service of process.

Don't ignore it though. I let one lapse once and the state fees to fix it were way more than the renewal. Shop around if you want, but mamke sure you file the change of agent properly with the state.

I use a different service and mine went up by about $40 after the first year. I just paid it because switching seemed like more effort than it was worth. How much is the increase?

Also check if the renewal includes other services you might not need. Some bundle in things like compliance alerts or business document templates that you can opt out of. That could bring the price down.

One more thing: if you decide to switch, do it before the renewal date. Some companies charge a cancellation fee or won't refund the renewal if you cancel after they've already processed it. And you'll need to file a change of registered agent with the Wyoming Secretary of State, which usually has a small fee.