Wyoming Limited Partnership
The Wyoming Limited Partnership is a kind of partnership that has one or more General Partners who manage the day to day operations of the partnership, and one or more Limited Partners who are like “silent partners” investing capital and/or labor.
Wyoming is truly a wonderful place to form a business such as this. With the unprecedented privacy and low fees, you will be pleased as punch with Wyoming incorporation.
Wyoming limited partnerships feature:
Taxed As a Partnership
Limited Partnerships are taxed as a pass-through entity, with income or loss reported through the IRS Schedule K-1 for each partner. You will not be taxed twice like a corporation. The structure is similar to an LLC. If thoughts of steep mandatory tax bills are on your mind then you can be at ease with a Wyoming limited partnership. True freedom, in the land of the free.
No Corporate or Personal Income Tax
There is no state income tax in Wyoming, and no annual income tax form to file with Wyoming. No need to give your money away to big brother. Wyoming is a free state. Save that money for the important things in your life like building up your business to maximize profits. You started a business to be self-employed, not a slave to the taxman.
No Business Tax
Wyoming does not force you to register your business with the State and pay a fee simply to be a business in Wyoming. Nevada recently shocked the corporation community by requiring a business registration tax of $100, after paying hundreds more to form your corporation. Wyoming will not treat you with such disrespect. We do not have all the horrible problems that Nevada has in their social setting. Don’t be fooled into paying for their state programs through taxing and bad regulations. Wyoming is the treat you fairly destination.
Limitation of Liability
The officers and directors of a Wyoming corporation are protected by statute and case law from the debts and actions of the corporation. Just like a corporation in Wyoming or a limited liability company in Wyoming, you will not lose your personal assets if your company loses a lawsuit…if you keep your finances separated. You can count on Wyoming’s charging order protections with a business formed here. After all, Wyoming is the birthplace of the United States limited liability company.
Wyoming does not share taxpayer information with the Internal Revenue Service (IRS). Unlike Nevada is some cases, you will not be asked for your social security number when applying for business entities from the Wyoming Secretary of State’s business division office. Wyoming is one of the states that prioritize privacy with your company formation. Don’t be duped into providing unnecessary information to other states just to incorporate. Respect privacy, that is how our founding fathers wanted it.
Limited Partner information is never on the public record in Wyoming. Everyone deserves privacy in their business life. An operating agreement does not have to be filed. Social security numbers do not have to be given up. Members and managers can stay private. These are facts set in stone by the Wyoming state corporation statutes. Open your Wyoming company through Wyoming Registered Agent and have peace of mind concerning your privacy.
The state filing fee is only $100; the annual report fee $50. There are no “hidden fees” for registering officers or changing your address. Wyoming has some of the lowest costs in the country for maintaining a business. You shouldn’t have to suffer in your life just to pay your yearly incorporation bills. Give yourself an advantage and incorporate in Wyoming, you will be ahead of the game before it even starts.
You can issue unlimited shares, with or without par value through your Wyoming corporation. Wyoming offers preferred, common or a mix of both kinds of shares of stock. You have flexible options with shares of stock in Wyoming. You are in control and have the power.
Wyoming does not have the bureaucratic regulations of many states. We like to live free here in Wyoming. You can enjoy the freedom of our business climate. Anyone in the world can own a Wyoming limited liability company.
Wyoming Limited Partnership with Wyoming Registered Agent
Wyoming partnership formation with Wyoming Registered Agent will get you more than just a new company formed in WY. We offer a wide variety of services that are inclusive with our yearly registered agent service. We believe in keeping clients, not taking cash and offering sub-standard service.
Included with Wyoming Registered Agent –
- Free Wyoming Mail Forwarding
- Online Account
- Registered Agent Consent Form
- Cheyenne, WY Address Use
- Full Time Support
- Corporate Extras
Free Mail Forwarding
Free mail forwarding for your Wyoming limited partnership will be forwarded to you for free. Why is this so special? Other companies will charge you hefty prices to forward mail for your company. Wyoming Registered Agent sends up to 20 pieces a year for free for your Wyoming company. That comes with registered agent service each and every year that you pay for service.
An online account to manage your Wyoming company is included with service. You will be able to log in to your account from a device connected to the internet and manage your company. You will be able to pay renewals, see any mail that is on the way to you, download incorporation documents, download useful templates, change an address, and more! It is secure and very helpful.
A Wyoming registered agent consent form is required when filing a new company with the Wyoming Secretary of State. Your application to form a new partnership will be rejected without the agent consent form. We will sign and provide this valuable document.
Wyoming street address use is very important for your Wyoming business nexus. Keep your privacy and use our address in Cheyenne, Wyoming for incorporation documents, website addresses, stationery, business cards, contact address, and other business-related needs for a real-life Cheyenne, Wyoming street address.
Customer support is offered by phone and email. This is not your standard hello, how can I take your money customer service. We have actual answers to your incorporation questions. Our specialists have spent years of their life dealing with Wyoming incorporation matters. Give us a call and we will greet you with great enthusiasm and greater knowledge of Wyoming incorporation.
Ordering a company with registered agent service is the basic service you can order from us. We also offer corporate services like virtual office plans, EIN filing, and corporation kits. We are a place to find everything you need in the Wyoming corporate scene.
Do you have additional questions? This is Wyoming: Feel FREE to contact us!