Taxes Not Even Being Considered (This is a direct quote from the State of Wyoming's web site, see link here.)
"The state of Wyoming does not levy a personal or corporate income tax. Wyoming does not impose a tax on intangible assets such as bank accounts, stocks, or bonds, either. In addition, Wyoming does not assess any tax on retirement income earned and received from another state. Further, there is no legislative plan to implement any of these types of taxes."
Less State Fees Wyoming initial state fees are 75% less than Nevada's, after you include the "hidden" officer filing fees of $125, that they bill you for after you start your company and add the new $100 per year business license fee that they bill you after you start your company, Nevada has one of the highest initial incorporation fees in the nation! Wyoming does not charge an officer filing fee and no state business license is required in Wyoming either. And Wyoming's second years fee is one of the lowest in the nation at $50. All this means we can deliver a quality company package to you for much less than you would pay in Nevada. And the subsequent years state fee will be over 77% less every year in Wyoming!
Asset Protection A Wyoming corporation or LLC offers its officers and directors a higher degree of protection from lawsuits filed by disgruntled creditors or over zealous plaintiff attorneys. Doing business as a Wyoming Corporation or LLC can give you greater asset protection and business privacy. The first LLC statutes in the United States were instituted in Wyoming in 1977. Since Wyoming has had limited liability companies available longer than any other state and has strong laws protecting the members and managers of an LLC and also the officers and directors of corporations, we feel it is the state of choice for establishing LLC's and corporations.
Privacy Wyoming allows Bearer Shares, Nominee Officers and Lifetime Proxies. Attorneys and Accountants are often asked to provide an anonymous "company cover" for their clients, for added privacy. To do this you need to have possession of the "bearer share" stock certificate and appoint nominee officers and/or directors for the company. We can arrange this for you. See this section for the advantages of Lifetime Proxies, Nevada does not have them.
NEWS FLASH: As of June 1, 2005 Nevada requires the Social Security number, date of birth, resident addresses, and telephone numbers of all shareholders, partners, officers, managers and members of all companies formed in the state. See the Nevada Business Registration form that you would have to fill out here.
Freedom 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 give substance to your operation you should know about our Office Service Contract and learn how use of this inexpensive option will give "presence" to your remote corporate operations. And if you are not a US Citizen we have a complete section for you to read here.
No State Taxes There are no State taxes in Wyoming on corporations. If you choose to incorporate in Wyoming your company may not pay State taxes at all. Stop for a minute and think what you paid last year in your States income tax. If you are comparing Nevada and Wyoming, keep in mind that the Nevada State Legislature, very recently, almost passed a tax on corporations. Don't gamble that this will not happen. Wyoming never has and never will have a state income tax on corporations. Wyoming has a budget surplus.
Easy to Move Wyoming has made it easy to move your existing corporation to Wyoming. Something you can not do in Nevada. That service is detailed here.
Special Easy to Use Corporate Structures
Wyoming has Close Corporations. These are special companies authorized by the Wyoming Legislature for small business owners. Less paperwork is required to keep them going. Few states have them. You can read about them here.
Wyoming now has Close LLC's. Less paperwork. Less time to manage. Perfect for a closely held family company. You can see the details here.
Corporations Today, Inc. has been in business in Cheyenne Wyoming since 1994. We specialize in helping you incorporate in "tax free" Wyoming and have strategies to help you lower your tax liability in your home state, 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! http://www.corporationstoday.com/
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