Lowtax Network

Back To Top

Your Lowtax Account

Wyoming LLC Benefits

Startupr
04 July, 2017

Wyoming is the fastest growing state for low-cost, low-maintenance and no state tax incorporation. Forming a limited liability company in Wyoming will bring your business significant benefits.

No state tax

There are NO state taxes in Wyoming on a limited liability company (LLC). You may not pay State taxes at all with your Wyoming LLC.

No citizenship requirements

You can form your Wyoming LLC from anywhere in the world and there is no requirement on citizenship either. You don't have to be a US citizen to operate Wyoming LLC.

Number of owners unlimited

Wyoming LLC can have an unlimited number of membership. The minimum is one single owner.

Asset protection and limited liability

LLC is recognized as a separate legal entity with its own Federal tax ID number, therefore the company is responsible for its debts and liabilities. Also, a Wyoming LLC has a strong asset protection law (one of the strongest in the US).

Unlimited duration

The company may operate beyond this lifetime, there are no limitations.

Low set up costs

A Wyoming LLC is inexpensive comparing to other states in the US. You can incorporate Wyoming LLC for as low as $189 USD including state fees.

Privacy

Members and/or managers are not listed on public record. Furthermore, no information on shareholders is collected or share with the Secretary of State. In a Wyoming LLC, nominee officers and directors can be used as well as bearer shares to enhance privacy.

Low capitalization

There are no minimum capitalization requirements on a Wyoming LLC. For example, Texas would require you to put at least $1,000 USD to your entity on formation.


Tags:


About the Author


Startupr

Startupr puts you first. This is why our main focus is Startups with global ambitions. We give you the freedom to build your business while we take care of the tedious, administrative tasks, leaving you to concentrate on your dream for your company. As part of our brilliant service, our back end software will automatically send you reminders of important annual filings, and upload your important document to your online account. startupr.hk

 

 

« Go Back to Blogs

Blog Archive

Event Listings

Listings for the leading worldwide conferences and events in accounting, investment, banking and finance, transfer pricing, corporate taxation and more...
See Event Listings »