Wyoming Withdrawal of Certificate is a document filed with the Wyoming Secretary of State that terminates a foreign corporation's authority to do business in the state. The corporation must file the withdrawal when it no longer wishes to conduct business in Wyoming or when it is dissolving. There are three types of Wyoming Withdrawal of Certificate: Voluntary Withdrawal, Revocation of Certificate and Administrative Dissolution. With a Voluntary Withdrawal, a foreign corporation can file a withdrawal notice and all the requirements of the state must be met. For a Revocation of Certificate, the corporation has violated the Wyoming Corporation Code and the Secretary of State will revoke the certificate. For an Administrative Dissolution, the Secretary of State can administratively dissolve a corporation if the foreign corporation fails to file an annual report or pay the annual fee.
Wyoming Withdrawal of Certificate
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How to fill out Wyoming Withdrawal Of Certificate?
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FAQ
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.
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.
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.
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.
The process is free if done online at the Secretary of State website. By mail, the processing fee is $10.
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.
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.
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.