Many people find filing in Wyoming to have several advantages including tax advantages as opposed to filing in other states, an accountant would be able to help you out in deciding if Wyoming is the best state for you to form your corporation or LLC in. Wyoming does not levy a personal or corporate income tax.
Main features & Advantages
- Relatively inexpensive filing fees
- Minimal filing burdens
- Easy to set up
- Pro-privacy and extremely low taxation
- Mostly rural and isolated
- Harsh winters
- Not a major economic area as compared to states like California
Start a New Company for $89 + state fee
A corporation is a legal entity that is created under the laws of a State designed to establish the entity as a separate legal entity having its own privileges and liabilities distinct from those of its members.
Limited liability company, flexible form of business enterprise that blends elements of partnership and corporate structures organizations.
A nonprofit organization is an organization that does not distribute its surplus funds to owners or shareholders, but instead uses them to help pursue its goals.