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Global Corporate Services
214 West Lincolnway, Suite 23
Cheyenne, WY 82001

Important Numbers
800.219.9359 toll free
302.658.6400 ext. 17
 703.995.0899 fax
Why Incorporate in Wyoming?

Wyoming has many of the advantages offered by both Delaware and Nevada and is becoming a very popular state in which to incorporate. 

As Registered Agents for over 35 years in Delaware and Florida, Global has recognized Wyoming's popularity. We have recently established an office in Cheyenne, Wyoming and are officially listed as registered agents in the state. We are located in the historic First National Bank Building, built in 1882 in downtown Cheyenne.

Before making your final decision as to which state to form your corporation or LLC you should read the information provided here and then discuss it with your attorney or tax accountant. 

Since Global does not offer legal or tax advice we can provide you with a free consultation with our certified tax accountant before you make your final decision.

What does Wyoming have to offer? 

  • No State Income Taxes; not even being considered
  • Excellent Asset Protection Laws
  • No citizenship requirements. US Citizenship is not required so may be popular for International clients
  • You can operate your corporation and live anywhere in the world
  • Privacy allowed. The certificate is filed by Global as your incorporator
  • Shareholders are not listed with the state
  • Nominee officers are legal
  • Annual maintenance is much less than either Delaware of Nevada
  • Makes it easy to move your current corporation from another state using the same startup date for aging advantages when getting a business loan or winning a bid
  • No business license fees
  • No officer filing fees

Wyoming was the first state to recognize and establish the first LLC statutes in the United States in 1977. In the year 2010 the statutes were changed and updated to stay current with the times. 

Since Wyoming has had limited liability companies available longer than any other state and has very strong laws protecting members and managers for an LLC, we feel it might be a worthwhile option when selecting a state of choice for establishing or moving your LLC.

To learn more about the differences between a corporation and an LLC click here.

What is an LLC?

Limited Liability Companies (LLC)

An LLC offers the same personal liability protection as a corporation, but with fewer of the corporate formalities. LLC's typically are not

  • Required to hold formal meetings or keep detailed corporate minutes
  • Offer great tax flexibility
  • Income/loss passed directly to members
  • Can option to be taxed as either a traditional corporation C or S or as a "pass-through" entity and file a partnership return if they have two or more members
  • Personal liability protection for owners
  • No membership restrictions

What is a Close LLC?

Wyoming offers the option to form an entity named a CLOSE LLC. Neither Delaware nor Nevada offer this option.

  • The main difference between a regular LLC and a Close LLC is the restriction on the selling of a member's shares. A member must offer to sell his/her shares to the other member(s) of the LLC before they can be sold to anyone else. 
  • All members must approve the sale of shares. This works well in a closely held family company, where the parents want to make sure that the children can not sell part of the company to outsiders.
  • A Close LLC is not required to hold annual meetings, unless requested by a member.
  • The Close LLC Supplement, articles of organization, and operating agreement of a close limited liability company may also restrict transfer of ownership interests, withdrawal or resignation from the company, return of capital contributions, and dissolution of the company.

A Wyoming corporation and/or LLC offers its officers and directors the highest degree of protection from lawsuits filed by unhappy creditors or over fervent plaintiff attorneys. Doing business as a Wyoming Corporation can give you both asset protection and business privacy. However , it should be noted that the Delaware Court of Chancery is the oldest business court in the country and uses judges instead of juries and most large fortune 500 companies prefer to establish their company in Delaware.

What exactly is the definition of a "disregarded entity?  

What is a 'C' Corporation? 

The general corporation is the most common corporate structure. This type of corporation is a separate legal entity that is owned by stockholders. A general corporation may have an unlimited number of stockholders that, due to the separate legal nature of the corporation, are protected from the creditors of the business. A stockholder's personal liability is usually limited to the amount of investment in the corporation and no more.It may own assets, sue or be sued, transfer its ownership easily, borrow money, mortgage its assets, and file bankruptcy. A board of directors and corporate officers remove day-to-day management from the hands of the owners (shareholders). Shareholders elect the board at shareholder meetings. 

What is a Wyoming Close Corporation?

"A Wyoming Business Advantage"

The Close Corporation was created by an act of the Wyoming legislature especially for small corporations which have a small number of stock holders, usually having ties to one another through family relationships or friends and business partners. 

  • Close corporations are special cases of regular business corporations electing to operate in a more informal manner likened to partnerships.
  • Regular business corporations must conduct shareholder and director meetings, elect a board of directors, and provide shareholders with written proposals for any major corporate action to be voted on in the annual meetings. 
  • Family corporations usually do not hold annual meetings because the family regularly makes decisions around the breakfast table or wherever.
  • A board of directors also is not required, so there is much less paperwork required for ongoing operations. 
  • The Wyoming Close Corporation Law allows small corporations to forego many traditional corporate formalities.
  • Note: If you choose not have a board of directors, you must inform us of this at the time of your order, so we can place that into the Articles of Incorporation. 

General Characteristics

What is a Sub-Chapter "S" Corporation ?

With a sub-chapter "S" corporation you can deduct the profits and losses from your corporation on your personal tax return. You will no longer be considered a "C" Corporation. Prior to March 15 you must file an IRS Form 1120-S. To qualify as a "S" corporation, you must be a US citizen or qualified resident filing a personal tax return with the IRS. 

You MUST elect to be a sub-chapter "S" corporation by filing the IRS Form 2553 after receiving your corporate documents. All corporations, in any state are filed as "C" corporations; so the "S" corporation has nothing to do with the state where you incorporate. It refers to the way you pay your income tax.

To be qualified as a "S" corporation you must be approved by the IRS. Upon approval by the IRS for this status, you can pass early losses through to the shareholders giving you and your investor a tax write-off against ordinary income, up to the actual amount of money they have invested in the company. Once the corporation turns a profit, the Sub-Chapter "S" status eliminates taxation for the company entirely. The tax liability is passed on to the stockholders.


Disclaimer: You are responsible for making sure that all documents submitted for the purpose of opening an are suitable for such purpose and otherwise legally sufficient. This includes, without limitation, ensuring that the documents are properly dated, executed, and certified where appropriate. Global Corporate Services reserves the right to retain any moneys it receives if there is positive evidence of fraud or any other material civil or criminal infractions by the applicant. Intentional falsifying or withholding of information may subject the applicant to prosecution under the laws of the State of Wyoming and United States. In select cases, Global Corporate Services may be obligated to share  information with appropriate state and federal authorities. 

Global Corporate Services, Inc. of wyoming is a registered agent and document filing service. Our company provides general information and incorporation filing services. We do not offer legal or financial advice, however we do have partners who offer this type of service. The use of our phone numbers on your web site or your corporate stationary is prohibited.

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