The Wyoming Advantage ((
Unlimited ability to issue stock—
Most states set a limit on the number of shares that you are authorized to issue; Not so in Wyoming! You may issue as many shares as you wish (without any additional costs or fees) by simply making the proper entries in your Articles of Incorporation. Unlimited shares may be of paramount importance to you in particular, if you ever contemplate taking your company public.
You can be everything in Wyoming—Some states require that you have more than one person to serve as the various officers and directors of your corporation. Again, not so in Wyoming! One person can fill all of the required corporate positions giving you the ultimate in flexibility and control.
Enjoy anonymity and privacy in Wyoming—The more information about you that appears in the public record the easier it is for you to become a target. Wyoming has no requirement for the names of shareholders to be filed with the state. It asks only for a simple "Annual Report" which requires disclosure of only those assets located within the state of Wyoming and the name of one person, usually the one who submits the report.
Restrictions and corporate formalities are at an absolute minimum in Wyoming—If you would like less "red tape", bureaucracy and restrictions in your business life Wyoming is the place for you!
As an officer or director you cannot be held responsible for the debts of the corporation[/b—Wyoming law is quite strong in this respect and holds generally that as long as you did not intentionally break the law you are protected from claims against the corporation.
No minimum capitalization is required in Wyoming—You can fund your corporation with one dollar, with a million dollars or the amount of your choice. And, while there are sound business reasons of avoiding "under capitalization", the choice is yours and you enjoy the ultimate in flexibility.
Your directors and/or shareholders meetings may be held anywhere in the world—You are not required to hold meetings in Wyoming; indeed you need never set foot within the state.
Stock in your Wyoming corporation may be issued in exchange for "anything of value"—You may use cash of course but also property, services or any valuable consideration at the total discretion of the board of directors which you’ll remember can be one person (you?).
Maximum anonymity can be yours[/b—Make no mistake; we’re not suggesting that you need to be "secretive" and certainly not that you do anything improper. Nevertheless, in today’s overly litigious society it is a fact of business and personal life that the only thing necessary to involve you in a lawsuit is the perception by someone else that you have assets…you’ve heard it called the "deep pocket theory." Many business people have found it advantageous to maintain financial privacy simply to avoid looking like a good litigation "target." In Wyoming you may use "nominee officers/directors" meaning that anyone you designate can appear on the public record in your stead offering you valuable financial privacy. Furthermore, you may also be interested in using nominee or "third party" shareholders who can be the owners of record of the stock which you control.
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