Wyoming LLC Vs. Nevada LLC
The Limited Liability Company (LLC) Is A Hybrid Entity. The LLC offers the pass-through taxation of a partnership and the limited liability of a corporation.
The Charging Order Protection Is The Asset Protection Behind The LLC:
Wyoming Statute 17‑15‑145. Rights of creditor.
“…The charging order is the exclusive remedy by which a judgment creditor of the member or transferee may satisfy a judgment against the member’s interest in a limited liability company.”
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Advantages Of The Nevada Corporation
Wyoming Corporation Vs. Nevada Corporation
The Wyoming corporation offers the same advantages of the Nevada corporation with less hassle and expense.
What about Delaware? Delaware is the best state for incorporation IF you intended to go public with the corporation. Delaware is best if your company is destined to be another Starbucks or McDonald’s. Otherwise, the small business is best served by Nevada and Wyoming. Wyoming costs less than Nevada.
Every Opportunity An Obligation
John D. Rockefeller
John D. Rockefeller was also quoted as saying, “I believe that every right implies a responsibility; every opportunity an obligation; every possession a duty.”