The Wyoming corporation offers the same advantages of the Nevada corporation with less hassle and expense.
No business license in most situations.
Bank with institutions that are eager for your business. No need to practically ask for a permission to bank in Nevada. Wyoming and internet banks offer superior service and a friendly atmosphere.
Pay less initial and annual filing fees. Wyoming corporation and Wyoming LLC renewals are only $50 per year in fees. In comparison, Nevada fees start at $225.
Same privacy benefits without the high profile hoopla of Nevada.
File as a foreign corporation in your home state if that's where you intend to do business.
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.”
We believe that protecting wealth is serious business. It's your right to control your assets in a manner that protects your interests and your future.
Time and Money
Protect your investment of time and money against those who are least deserving of it.
We specialize in offering affordable solutions for the small business person who seeks to protect assets from hostile creditors and vigilante spouses.
Limit your liability today through an LLC or corporation filed in Wyoming. Limited liability is asset protection.
File as a foreign corporation in your home state if sales are not approved in Wyoming.
Wyoming Corporation tip#2:
The Wyoming LLC and the Nevada LLC are known for their limited liability, excellent charging order protection, and flexibility in management.
FACT: WYOMING invented the American LLC in 1977, as it was modeled after the 1892 German company law known as Gesellschaft mit beschrnkter Haftung (GmbH). Nevada and Delaware copied Wyoming's LLC and profited from it most through better marketing.
For the LLC charging order protection, the LLC must meet three conditions:
1. The LLC is manager-managed
2. The LLC is taxed as a partnership
3. The LLC has at least two members.
The LLC charging order protection allows you to set up the hostile creditor to be liable for income not yet received. This places you in an advantageous position for a favorable settlement. A hostile creditor doesn't want to be liable for an income tax when the income hasn't yet been received.
To combine the LLC charging order protection with the financial privacy of a corporation, the following strategies can be utilized:
1. A C corporation can serve as a Manager of the LLC
2. A C Corporation can serve as a member of the LLC.