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You don’t need to live in Wyoming to enjoy the best asset and
lawsuit protection a Wyoming-registered LLC can provide
Genesis Corp has always been great with customer service and keeping us up to date with all of our LLC filings.
– Monica L.
Incorporating in Wyoming has the following advantages:
The state’s asset protection laws ensure that company members keep their assets in the event of a lawsuit.
Entrepreneurs living in and out of the United States can incorporate in Wyoming.
Yes, you can form your LLC in Wyoming even if you reside outside of the state.
Yes, Wyoming allows for a certain degree of anonymity for LLC owners. You can use a registered agent to shield your personal information from being publicly listed on state records.
Forming a limited liability company in Wyoming provides a level of personal liability protection for its owners. This means that the owners, also known as members, generally cannot be held personally liable for the debts and obligations of the LLC.
Proving ownership of a Wyoming LLC typically involves documentation and records that establish your ownership interest in the company. With Genesis Corporate Services, we provide you all necessary documents to prove ownership.
Schedule your consultation with a Genesis Corporate Services representative and we’ll do all the hard work.
Wyoming LLC Formation
Foreign Filing
Registered Agent Service
Preparing & Filing the Articles of Organization
Tax ID Number (EIN)
Form 2553 to have the LLC taxed as an S-Corp
Operating Agreement
Custom LLC Record Book and Embossed Seal
Membership Certificates, and Membership Ledger
Business Bank Account
Domain Name + Business Email
Personal Banker
Business VISA card and checkbooks
Unlimited Phone and Email Support
Start by considering potential business ideas. The following factors can help you narrow down your search:
– What your interests are
– What you can do (your skills)
– What you need to run your company (resources)
– How much time to spend on the business (your availability)
– Why you’re starting a business
– Whether your community will support your company
– Once you’ve chosen your idea, create a business plan, which will allow you to see if your company is profitable. A professional advisor can help you do this.
Creating a business entity may require filing certain documents with the Secretary of State. For a Wyoming LLC, the Secretary of State will need its articles of organization. Corporations must file articles of incorporation to be established.
Additionally, LLCs and corporations need registered agents to create their legal structures. A Wyoming LLC registered agent service accepts important legaland state documents on a company’s behalf.
Wyoming doesn’t require businesses to pay corporate and personal income taxes. The state’s high fiscal health (an entity’s ability to serve people with sufficient resources) offers this advantage to new companies.
However, you must also file annual reports with the Secretary of State and pay federal income and employer taxes. You can partner with an external accounting firm or business formation specialist offering tax services to manage corporate taxes.
Small businesses can be sole proprietorships, partnerships, LLCs, or corporations. Also, several of these entities have other forms. See which entity offers your desired level of liability protection and how it benefits your company’s taxes, financing, and resources.
If you need advice on selecting your organization’s legal structure, consider talking to a business expert.
Before registering your company, it’s best to go with a unique and recognizable name. You can browse through businesses on the Wyoming Secretary of State website to see available names.
If you’re forming an LLC, the Secretary of State recommends including “LLC” in the business name. A corporation’s name can have “Inc.,” but you can choose not to use it.
If your business is located in Wyoming, you should also obtain the necessary licenses and permits to operate in Wyoming, including:
Tax registration
Your EIN
Regulatory licenses and permits
Professional and occupational licenses
An LLC, or Limited Liability Company, is a business structure that combines the limited liability protection of a corporation with the flexibility and tax advantages of a partnership or sole proprietorship. In an LLC, the owners are referred to as “members,” and they are typically not personally liable for the company’s debts or legal obligations. This means that if the LLC is sued or faces financial difficulties, the personal assets of the members are usually protected.
LLCs are popular among small businesses and startups due to their simplicity in formation and operation, as well as the flexibility they offer in terms of management structure and taxation. In most jurisdictions, forming an LLC involves filing articles of organization with the appropriate state agency and paying the necessary fees.
As easy as picking the name you’d like to use and we’ll take care of the rest!