Wyoming Company Formation

In Wyoming, companies are exempt from corporate tax.

The name of the LLC may not contain language implying a different purpose from the purpose or purposes in the Articles of Organization.

The LLC name must end with "Limited Liability Company," "Limited Company," "Ltd. Co.," "LC," "LLC," or "L.L.C."

The use of the word "Trust" is restricted.

Use of the words "Academy," "Education," "University," and "School" requires approval by the Department of Education.

The name shall not be the same as or similar to the name of any domestic or foreign LLC, trade name, trademark, or service mark registered in this state, corporation, statutory trust company, limited partnership, or other business entity.

Corporate name endings with words such as "Incorporated" or the abbreviation "Inc." are not required.

The company name must be different from the names of other domestic, foreign companies, as well as the trade name, registered trademark in Wyoming State.

The name of the company must not contain language implying different purposes in the Articles of Incorporation.

The government of Wyoming restricts the use of the word "Trust" while business owners need to get approvals from the Department of Education when using the words "Academy," "Education," "University," and "School."

An LLC requires at least 1 manager and 1 member.

Wyoming has no age and residency requirements for managers and members.

Addresses and names of the manager(s) and member(s) are required to be listed in the Articles of Organization.

A corporation requires at least 1 director and 1 shareholder.

Wyoming has no residency requirement for directors and shareholders.

Addresses and names of the director(s) are exempt from being listed in the Articles of Incorporation.

Wyoming corporations are allowed to hold meetings from anywhere in the world.

Annual Report: LLCs in Wyoming are required to file an annual report before or on the first day of the anniversary month of the company's incorporation.

Registered Agent: Wyoming requires LLCs to list the name and address of the registered agent with that agent's physical address, as well as being available to accept legal documents for the business during normal business hours.

Employer Identification Number (EIN): LLCs with employees are required to have an EIN. Moreover, the majority of banks require corporations to have an EIN in order to open a business bank account.

There is no state tax identification number in Wyoming.

Annual Report: Corporations in Wyoming are required to file an annual report before or on the first day of the anniversary month of the company's incorporation.

Officers: Addresses and names are not required to be listed in the Articles of Incorporation.

Stock: In the Articles of Incorporation, the authorized share, the number of shares, and par value must be listed.

Registered Agent: The Wyoming government requires corporations to have the name and address of the registered agent listed with the physical address, as well as the agent must be available during normal business hours.

Employer Identification Number (EIN): Corporations with employees are required to have an EIN. Moreover, the majority of banks require corporations to have an EIN in order to open a business bank account.

There is no state tax identification number in Wyoming.