Why is Wyoming now the best place to move or form your corporation (or LLC)?
Wyoming corporations are superior in several ways to similar Nevada corporations, which had once been popular for privacy and asset protection strategies. Owners of Wyoming corporations enjoy the following benefits:
No Corporate or Personal Income Tax. Because there is no income tax in Wyoming, there is no state income tax return to file every year.
No business tax. Wyoming does not force you to register your business with the State and pay a fee simply to be a business in Wyoming. Nevada recently shocked the incorporation community by requiring a business registration tax of $100, after paying hundreds more to form your corporation.
One Person Corporation. One person can be the President, Secretary, and all the officers and directors of a corporation. (While the same is true of LLCs, legal risks may arise with a single Member LLC as LLCs were designed with partnership structure in mind.)
Limitation of Liability. The officers and directors of a Wyoming corporation are protected by statute and case law from the debts and actions of the corporation.
Information Privacy. Wyoming does not share taxpayer information with the Internal Revenue Service (IRS).
Shareholder Privacy. Shareholder information is never on the public record in Wyoming.
Complete Anonymity. Annual reports require the name of only one person and report only the assets located in Wyoming. With a Wyoming corporation you really can anonymously own your corporation.
Low Fees.The state filing fee is only $100; the annual report fee $50. There are no "hidden fees" for registering officers or changing your address.
Bearer Scrip.Bearer scrip are shares that are issued to the person holding the scrip, instead of a registered owner.
Unlimited Shares. You can issue unlimited shares, with or without par value through your Wyoming corporation.
Low Regulation. Wyoming does not have the bureaucratic regulations of many states and takes pains to keep it that way.
Nominee Directors and Officers. Use of nominees on your Board of Directors and officers of your corporation allow enhanced privacy protection at a minimal cost.
Do you have additional questions? This is Wyoming: Feel FREE to contact us!
Choose from these types of Wyoming Corporate Entities:
Wyoming Profit Corporations
Wyoming corporations are ideal for rapid and inexpensive yet robust asset protection, privacy, and business credit acquisition.
Order a Wyoming Corporation
Starting at $199
Limited Liability Company
The Wyoming LLC does not have the formal meeting requirments of a corporation, and can still be taxed as a partnership or a corporation.
Order a Wyoming LLC
Starting at $199
Aged Shelf Companies
Shelf corporations and shelf LLCs each commenced business between 3 months and 5 years ago, and each is provided with a complete corporate kit.
Order a Wyoming Shelf Company
Starting at $495