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Why Form a Corporation in Wyoming
There are significant benefits and advantages to forming a corporation in Wyoming such as unparalleled liability protection, fewer corporate formalities, no state taxes, and personal privacy. Using Registered Agents of Wyoming LLC to incorporate your business can save you both time and money with service that is FAST, RELIABLE and AFFORDABLE. And remember, our services are backed by a 30 Day Money Back Guarantee. We make everything easy for you so that you can focus on running your business!
Incorporate a business online or Call us to place your order by phone: Toll-Free 1-877-239-2608
The Benefits of Incorporating your business in Wyoming are:
- No state taxes
- Asset protection and limited liability
- Privacy allowed
- Citizenship not required
- Easy to move your business to Wyoming from another state
- Perpetual life
- Transferability of ownership
- Ability to build credit & raise capital
- Number of owners
- Other tax savings
- Lower startup costs- with Registered Agents of Wyoming LLC, the cost of incorporating is affordable.
No state taxes
There are no State taxes in Wyoming on corporations. If you choose to form a corporation in Wyoming your company may not be required to pay State taxes at all. Stop and think about what you paid last year in your State's income tax and then consider that Wyoming has never had a state income tax on corporations.
Asset protection and limited liability
A properly formed corporation is recognized as a separate legal entity with its own tax identification number. The corporation is responsible for its liabilities and its debts...NOT the owners. All corporations are initially filed as C Corporations with the opportunity to elect S Corporation tax status if prefered.
A Wyoming corporation can offer a high degree of protection from lawsuits for its officers and/or directors. Doing business as a Wyoming corporation can give you both asset protection and business privacy.
Privacy allowed
An owner of a Wyoming Corporation enjoys unparalleled security and privacy due to the following:
- Reporting and Disclosure obligations are minimal.
- There is no requirement to list an officer upon formation of your Wyoming Corporation. Only one officer and his/her title are listed at the time of annual renewal.
Citizenship not required
You can operate your Corporation and live anywhere in the world and you do not have to be a US citizen to incorporate in Wyoming. But in order to establish a business relationship with Wyoming (often referred to as business nexus) you should know about our Wyoming Address & Mail Forwarding Service and learn how use of this inexpensive option will help give “presence” to your remote corporate operations.
Easy to move
Wyoming has made it easy to move your existing corporation to Wyoming from any state.
Perpetual life - unlimited duration
A Corporation is a separate legal entity with an existence of its own and a perpetual life. Therefore, the business may continue far beyond this lifetime and into future generations. A Corporation, continues indefinitely until it is dissolved. Shares of ownership in a corporation can generally be sold, gifted or bequeathed to others.
Transferability of ownership
A corporation provides an excellent vehicle for transferring ownership: Ownership may be transferred by an exchange of assets for stock.
Ability to build credit & raise capital
Because a corporation is a separate legal entity with its own tax identification number (similar to a social security number for an individual) a corporation can build credit, borrow money and sell equity to raise capital. Most investors prefer investing in a corporation because of liability protection and ease of transfer of the investment.
Number of owners
Corporations are allowed to have single or multiple owners number of shareholders is allowed (except S-Corporations, which have a limit of 100 shareholders).
Other tax savings
The federal income tax rate is generally lower for corporations than it is for individuals. In addition, corporations may be eligible for many tax deductions not available to individuals or partnerships.
Lower start up costs
Wyoming state filing fees are considerable lower than in most states. For example, State of Wyoming filing fees are 84% less than Nevada’s. Plus, there are "hidden" officer filing fees that you learn about only after you start your company there. Nevada also requires a $125 fee to file your officer's list 30 days after you start your company!
Registered Agents of Wyoming, LLC, the cost of forming a corporation is affordable. Incorporating a business does not require costly attorney fees*. In fact, YOU can visit the state office and file articles of incorporation yourself.
* There is no replacement for sound legal advice prior to deciding on a corporation. If you can afford an attorney and you feel you would like advice, please contact a licensed attorney.
Let Registered Agents of Wyoming, LLC help you save
Registered Agents of Wyoming, LLC specializes in helping you Form a Corporation in “tax free” Wyoming and helps you lower your tax liability, increase your asset protection and give you back your privacy. We think that you will find the information you need, on this site, to help you make the decision to start your company in Wyoming!
Our fees for incorporation start at $275. including state filing fees
This is substantially lower than what an attorney might charge for the same service. Registered Agents of Wyoming LLC's experienced business formation experts are ready to make your incorporation FAST, RELIABLE, AFFORDABLE and is backed by a 30 Day Money Back Guarantee.
Incorporate a business online or Call us to place your order by phone: Toll-Free 1-877-239-2608
Got questions?
Email us at agents@mywyomingllc.com or call toll free today (877) 239-2608