What Is A Wyoming Corporation

A Wyoming corporation is a corporation incorporated under the Wyoming corporation statute.

It allow you to incorporate your business in the state without physically locating your business there and operate your business from any other state or outside the U.S.

Benefits

The identities of shareholders do not have to be disclosed in the corporation's public records.

Only company names will show up on database searches.  Individuals' names do not show up.

Directors, officers and shareholders can be non-residents of the state of Wyoming or the U.S.

One person can hold all corporate offices.

You do not have to pay state annual franchise tax.  But there is an annual fee.

There are no state corporate taxes on profits.

You do not have to pay state personal income tax.

There is an annual report requirement.

Unlimited stock is allowed of any par value.

The formation of a corporation in Wyoming is easy and quick.

To setup a corporation in Wyoming you must have a legal address and registered agent within the state.

Additionally with strict privacy regulations corporations in Wyoming can keep their public records secret giving a business anonymity and confidentiality.

 

Corporations also get liability protection as well as flexibility in management in Wyoming as the state prohibits information sharing with the IRS except the information given by companies with real assets inside the state.

Registered Agents

If your business will not reside in the State of Wyoming you can use Registered (Resident) Agents to help you setup the business and address the legal requirements for the State of Wyoming.