If you need Wyoming corporation questions answered, then you are in the right place. Learn all you can about a Wyoming corporation.
How Are Wyoming Corporations Structured?
The officers of the corporation will run day to day operations. The board of directors will make major decisions and appoint the officers. The owners of the corporation are called shareholders. They own the stock and run the show.
Why Open a Corporation in Wyoming?
- Limited Liability of Debts
- Stock Options for Employees
- Bring on Investors
- No State Income Tax
- Low Costs
Is a Lawyer Needed to Open a Wy Corporation?
No. A person or a formation company can open up a corporation in Wyoming without the requirement of an attorney. A lawyer will not help in keeping you private. A registered agent, whether an attorney or not, has to hand over the names of the owner to a state employee when asked. There is no attorney-client privileges on this one. If you think so, you may want to get your head out of the clouds.
What is an “incorporator”?
This is the title of the person or company that is forming the corporation with the state of Wyoming. This name is set in stone and can not be erased.
What Are Bylaws and Do I Even Need Them?
Bylaws are the laws that the corporation in Wyoming follows. These are not government regulated, meaning you are not required to file Bylaws. The Bylaws are an internal document that is created by the owners of the corporation. Break the Bylaws and you may suffer the consequences.
What’s the Deal with Wyoming Corporation Stock?
Shares of stock are issued by the corporation. Each share represents a small percentage of the company. The percentage of the company, or how many shares of stock a person owns, will determine the percentage of profit.
How Do I Get a Wyoming Corporation?
Order a corporation through Wyoming Registered Agent for $199.
