Wyoming is a popular corporate haven due to its lack of taxes and endemic privacy concerns. These factors drive many new incorporations. Wyoming also has the added benefit of allowing you to hold your shares in a Wyoming LLC or a Wyoming Trust for additional asset protection. This combination of benefits makes our corporations the nation’s most desirable.
Most clients debate between setting up their business in Wyoming, Delaware, or Nevada. So why incorporate in Wyoming instead of other states?
Nevada corporations are very similar to ours, but they face significantly higher fees and are subject to taxes in certain situations. Wyoming corporations generally cost $99 per year to maintain (which includes the secretary of state’s annual report fee and our Wyoming registered agent fee) and have no state taxes.
Delaware is preferable for large corporations looking for an eventual IPO, but smaller businesses will often find their fees and administrative hurdles to be unnecessary, burdensome, and overly expensive. This is especially true when compared to a Wyoming close corporation, which has reduced reporting and other bureaucratic requirements. These benefits drive new companies to Wyoming every day.
We’re a success story. We do our clients right, year after year. We actually only charge $150 to form a Wyoming LLC for you. We do it right the first time. Keeping your information offline. Keeping you private. This is what we do. We want to help you get this done fast, so you can move on and do what you do.