Wyoming Corporation | Advantages of Wyoming Incorporation
Corporation Filing
Forming a Wyoming Corporation is as easy as 1-2-3 when expert registered agents, like us, are at the helm. We will have your formation documents sent to the Secretary of State in minutes!
Our low price includes the state required filing fee of $100 and the first year of Wyoming registered agent service. Wyoming Registered Agent has been forming Wyoming Corporations since 2003. We understand what you need in an incorporator and we always make sure your personal information stays out of the public eye.
Pictured (right): The building we own in downtown Cheyenne, WY.
Corporation Formation Includes
- Filed Articles of Incorporation (including the state fee of $100) – The Articles of Incorporation are put together according to the state required instructions.
- Filed Certificate of Incorporation (Issued by the Wyoming Secretary of State) – After the Wyoming Secretary of State’s Business Division accepts your company’s Articles of Incorporation, they issue a Certificate of Incorporation as proof of the corporations filing. You will be given an electronic copy.
- Incorporator Signature – The Incorporator is the person or company that files your Articles of Incorporation. Unless you want your name listed on public record, will will file your documents and sign as the Incorporator.
- Use of Our Wyoming Address Use – In addition to using our name as your Incorporator, we put our address on your formation documents so your personal information stays private.
- Full-Time Support – Our support specialist are waiting by the phone to answer your calls and emails five days a week. We care about your incorporation needs, even after you have paid us our registered agent fee. Give us a call today and we will walk you through the process of Wyoming incorporation.
We Own Our Building & Why It Matters
Other companies may provide you with a business address, but most of them rent their space, which means they don’t have building security—so neither would you.
Because we’re our own landlord, we’ll never face rent hikes or random evictions. Our address is secure, which means so is yours.
Pictured: View of downtown Cheyenne from one of our conference rooms.
Wyoming Corporation Articles of Incorporation
Wyoming Corporation Articles of Incorporation is the document you must file with the Wyoming Secretary of State to create a new corporation. You can add as many additional articles that you desire, but the Wyoming State Statutes require the following:
- The Name of the Corporation.
- The Registered Agent and Agent Address.
- The Mailing Address.
- The Principal Office.
- Number of Shared of Stock.
- Value of Each Share.
- The Classification of the Stock. (Common, Preferred or Both)
- The Incorporator and Contact Information
Keep your name off of public record with our Corporation formation service:
Corporation Name
The name of a Wyoming Corporation is not required to have a marker like an LLC is. Whereas a limited liability company with the name “Cool New Business” must include a marker like “LLC,” or something similar, a corporation with the name “Cool New Business” does not need to include a suffix like Inc. or Corp.
Wyoming Registered Agent
The registered agent for a Wyoming Corporation must be located at a physical address in Wyoming, not a P.O. Box. There are plenty of people who use registered agent corporations that are based in another state and pay an employee to sit at an office all day in Wyoming. Be aware of these types of businesses. Make sure you get a registered agent that will pay attention to your Wyoming business.
Wyoming Corporation Mailing Address
Many people choose to list their Wyoming registered agent address on their Articles of Incorporation. Why? Anyone can look up a Wyoming Corporation and see the name and address of the Incorporator. Having our address in Wyoming listed on your Articles of Incorporation instead of yours keeps your information private.
Wyoming Corporation Incorporator
The Incorporator of a Corporation in Wyoming is the party that puts together the Articles of Incorporation, signs the paperwork and submits it to the Wyoming Secretary of State for processing. We will use our Wyoming Registered Agent name and address on your filing so you can keep your information private.
Wyoming Corporation Advantages
Because there is no income tax in Wyoming, there is no state income tax return to file every year. This can be a nice savings, depending on how much income you claim every year.
Wyoming does not force you to register your business with the State and pay a fee simply to be a business in Wyoming. Nevada now requires a business registration tax of $100, on top of the hundreds of dollars you must spend to form your corporation.
One person can be the President, Secretary, and all the officers and directors of a corporation. (While the same is true of LLCs, legal risks may arise with a single-member LLC as LLCs were designed with partnership structure in mind.) Instead of having people you may not fully trust listed on your corporation documents, you can file me, myself and I as the officers.
The officers and directors of a Wyoming corporation are protected by statute and case law from the debts and actions of the corporation. LLCs and Corporations basically have the same charging order protection in Wyoming.
Wyoming does not share taxpayer information with the Internal Revenue Service (IRS). You do not have to list your social security number when applying for a new Wyoming Corporation. You do not even have to be a US citizen to own a Wyoming LLC.
Shareholder information is never on the public record in Wyoming. When you file a corporation in Wyoming, you will be asked to provide the number of shares, as well as the class and value the corporation has. You will not be asked to provide shareholder information.
Annual reports only require the name of one person, and only the assets located in Wyoming. With a Wyoming corporation you really can anonymously own your corporation.
The state filing fee is only $100 ($104 online) and the annual report fee is $60 ($63 online). There are no “hidden fees” for registering officers or changing your address. And filing an amendment to your Articles of Incorporation is just $100 plus state fees.
Bearer scrip are shares that are issued to the person holding the scrip, instead of a registered owner. This is a wonderful option to have for Wyoming incorporation.
You can issue unlimited shares, with or without par value, through your Wyoming corporation. You must always have at least one share to operate a Wyoming Corporation, but you can also have unlimited shares, and they do not need to be exclusive to just one class. You may split your shares up into common and preferred shares.
Wyoming does not have the bureaucratic regulations that many other states do, and it takes pains to keep it that way. Wyoming fees and schedules are upfront and simple, making it the easiest and most affordable state in which to maintain a corporation.
Wyoming Corporation Services
After you form your corporation with the Wyoming Secretary of State, you’ll have ongoing filings and business needs. Wyoming Registered Agent can help:
BOI Report Filing
The vast majority of corporations in the U.S. must file a Beneficial Ownership Information (BOI) report with the Financial Crimes Enforcement Network (FinCEN). The BOI requirement, which is part of the Corporate Transparency Act, is an attempt prevent financial crimes in the U.S. You’ll have to include information about your company and its beneficial owners. Here’s what you’ll have to include:
Names | Addresses | Dates | Identifications | |
Your Business | Legal name (plus any DBAs) | Jurisdiction of formation | Date of formation | EIN, SSN or ITIN |
Beneficial Owners | Legal names | Residential addresses | Dates of birth | Photo ID (i.e. passport or driver’s license) |
The information you provide will NOT be made public. You will have 90 days to file this report if you form your business in 2024, or 30 days if you form your business in the year 2025 or after. Failure to file a BOI report will result in fines.
When you form your corporation with Wyoming Registered Agent, we can take care of your BOI report filing for you for just $25 so you can rest assured your business won’t rack up late fines.
Business Website + Email
Our business formation service not only gets you set up with the state, you’ll get everything you need to take your business online:
- Domain Name. If your website is your house, your domain name is your address. For example, our web address is www.wyomingregisteredagent.com, and our domain name is “wyomingregisteredagent.” You can’t get a website without a domain.
- Website. You’ll get a WordPress website that’s easy to customize to fit the look and messaging of your company, no coding experience necessary. However, if you don’t know where to start and want some help, our service experts can build your initial site for you, then walk you through how to use it!
- SSL Security. This is standard for websites these days. SSL security protects your information (and your customers’ information) from hackers. You know when a website has this security measure if it starts with “https” instead of “http.” The s stands for “security.”
- Email. Professionalize your correspondence with customers and associates by getting an email address tied to your domain name. For example: admin@wyomingregisteredagent.com.
- Phone Line & Service. Get a business phone line so you can separate personal calls from business calls. Our service gives you a 307 area code, tying your WY business to Wyoming. Plus, our phone app (compatible with iOS and Android) lets you access your new number with your own device so you don’t have to carry around extra hardware.
Our incorporation service automatically gives you 90 days of Wyoming Business Presence for FREE. Each service is just $9/month after that, except for domain name service which is free for a year then $25/year after that (up to $25).
Wyoming Corporation Annual Compliance
In order to keep your Wyoming Corporation active with the Wyoming Secretary of State, you must file an annual report every year. Your agent should notify you in advance by email when your Wyoming annual report is due. We not only remind you of these deadlines, we automatically file your annual report for you, and only charge the required state fee. Never miss an important deadline again.