Limited Liability = Asset Protection

Wyoming Corporation

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.

  • 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.”

Nationwide Secretary Of State