Wyoming is the ideal state to incorporate a business.
In fact, Wyoming is one of the best places possible to form an LLC or corporation. To be maximally successful as a business, you'll want a state that has political and economic benefits for businesses. With Wyoming, the political and economic climate are ideal for maximizing your profits, maintaining your privacy, and minimizing your liabilities.
A FEW OF THE BENEFITS INCLUDE:
- Wyoming has NO state income tax
Wyoming is one of the few states in the union to have “charging orders protection.” In other words, someone that sues a partner cannot obtain their shares of stock, or interfere with the management of the business. This is important because it protects ALL partners in a business.
Wyoming has some of the strongest protections for owners and officers of corporations and LLCs
Wyoming also allows you to relocate your business (to Wyoming) through a process called Re-Domestication. This unique process allows you to keep your tax ID numbers, registration date, etc. when you relocate your business.
FOUR CATEGORIES WHERE WYOMING HELPS BUSINESSES EXCEL:
Protection - Wyoming has some of the most rigorous protections for business owners, and for the businesses themselves. It allows a business to remain secure, and un-encumbered, despite the almost inevitable threats to a company in business.
Prestige - Wyoming is a widely known as a business-friendly state. It's also recognized as a bastion for savvy business owners who have done their homework on incorporation, and ensuring the best prospects for their business.
Privacy - Minimal corporate information is listed publicly. For example, there is no public listing of the owners in a business.
Profitability - With benefits such as no state income tax (for either businesses or personal income), it helps a business to maximize profits with minimal taxes.
The bottom line is that Wyoming has an incredibly "business-friendly" atmosphere, and a government that is sensitive to the concerns of business owners. They respect businesses privacy, profits, and the ability to defend themselves.
The founders of Wyoming Business Center have a rich history of lobbying for businesses and business-owner rights. They've seen the inside workings of governments, and have learned to legally navigate the process to maximize profits and protections while minimizing liabilities.