Complete Legal Wyoming Pre-Incorporation Forms For Free

It is important to highlight that in both Wyoming and Delaware, it is mandatory to set up a par value. The bottom limit allowed in Delaware is $0.00001 and in Wyoming it is $0.0001.

C Corporation ? For a business to incorporate in Wyoming, the state requires filing Articles of Incorporation, along with a Consent to Appointment by Registered Agent form, and paying a filing fee of $100. Profit Corporations in Wyoming must also appoint a Board of Directors and adopt bylaws.

To start a corporation in Wyoming, you'll need to do three things: appoint a registered agent, choose a name for your business, and file Articles of Incorporation with the Secretary of State. You can file this document online or by mail. The articles cost $100 to file.

The 2021 state business tax climate index by tax foundation has ranked Wyoming as #1 ? right at the top! Some of the reasons for the tax friendly climate or low tax burden are: The state has no corporate state income tax. There is no personal state income tax.

We can also serve as the registered agent for your corporation. You may consider this option if you have privacy concerns, as the articles of incorporation are a public document. It is better to incorporate in Wyoming than Nevada because there are no taxes in Wyoming, significantly lower fees and better privacy.

Zero percent corporate or personal income tax, minimal compliance requirements, and low costs are just a few reasons the Cowboy state is a top choice for new entrepreneurs. Below, we'll explain everything the state has to offer and give you the exact steps to starting a business in Wyoming.