The Wyoming Withdrawal of Certificate is a process for companies to terminate their existence in the state of Wyoming. It is also known as a Certificate of Cancellation or a Certificate of Dissolution. There are two types of Wyoming Withdrawal of Certificate: Voluntary Withdrawal and Administrative Withdrawal. Voluntary Withdrawal is used when a company is voluntarily terminating its existence in the state of Wyoming. The company must submit a completed Certificate of Cancellation form to the Secretary of State’s office along with a filing fee. The Certificate of Cancellation must include the company’s name, registered agent, and date of formation. Administrative Withdrawal is used when the Secretary of State’s office has determined that a company is no longer in compliance with Wyoming statutes. This could be due to unpaid fees, failure to file an annual report, or any other reason. The company may be notified of the Secretary of State’s intent to administratively withdraw their certificate and given an opportunity to remedy the issue. If the company fails to do so, the Secretary of State will administratively revoke their certificate. When a Certificate of Cancellation or Certificate of Dissolution is filed, the company will no longer be able to conduct business in Wyoming or maintain any property in the state. All liabilities and obligations of the company will remain in effect.
Wyoming Withdrawal of Certificate
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How to fill out Wyoming Withdrawal Of Certificate?
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FAQ
You can form a Wyoming LLC even if you don't live in Wyoming. Residency in the state, or the USA, is not required to form a company. A majority of LLCs are formed by non-residents. Forming an LLC in Wyoming as a non-resident is the same process as for a resident.
The process is free if done online at the Secretary of State website. By mail, the processing fee is $10.
Why Incorporate in Wyoming? Wyoming is a popular corporate haven due to its lack of taxes and endemic privacy concerns. These factors drive many new incorporations. Wyoming also has the added benefit of allowing you to hold your shares in a Wyoming LLC or a Wyoming Trust for additional asset protection.
For some, it may be crucial to your business operations and therefore a simple decision. If your LLC conducts business in a state other than the one in which it is registered, it must register separately in that state.
Does my company need a registered agent? All business entities filed in Wyoming shall have and continuously maintain in this state a registered agent to accept service of process. Failure to maintain a registered agent results in the dissolution or revocation of the business entity.
What is a Wyoming certificate of authority? Companies are required to register with the Wyoming Secretary of State before doing business in Wyoming. Businesses that are incorporated in another state will typically apply for a Wyoming certificate of authority.
To dissolve your Wyoming Corporation, you submit in duplicate the completed Profit Corporation Articles of Dissolution by Incorporators or Initial Directors or Profit Corporation Articles of Dissolution by Shareholders form to the Secretary of State by mail or in person, along with the filing fee.
Formal LLC Dissolution. A formal dissolution requires submitting Articles of Dissolution and a $50 check to the Wyoming Secretary of State. Once received, there is a 3-5 day processing time before the documents are filed online and the company is formally closed.