Corporate Records Maintenance Package for Existing Corporations - Wyoming 2025

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A Wyoming Close Corporation is a corporation formed in Wyoming that allows shareholders a unique set of rights that make the internal workings of the corporation much like a partnership or LLC, while maintaining the limited liability protections, taxation status, and use of stock like a typical corporation.
Action without meeting. (a) Unless the articles of incorporation or bylaws provide otherwise, action required or permitted by this act to be taken at a board of directors meeting may be taken without a meeting if the action is taken by the requisite number of members of the board.
Wyoming Annual Report Due Dates and Fees As long as your total assets are $300,000 or less, youll pay the minimum fee of $60. If your total assets are greater than $300,000, then youll multiply your total value by 0.0002.
Authority to transact business required. (a) A foreign corporation may not transact business in this state until it obtains a certificate of authority from the secretary of state.
The Basics of Maintaining Your LLC Annual Report License Tax: Required filing in Wyoming to keep your LLC in good standing. Articles of Organization: Updating of your LLC information in Wyoming. Operating Agreement: Legal document outlining the internal rules and procedures of a Limited Liability Company.

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Requirements and Limitations of S Corporations Specifically, to qualify for S corporation status, an entity must: Be a domestic LLC or corporation. Not be an ineligible corporation, such as certain financial institutions, insurance companies, and domestic international sales corporations. Have only one class of stock.
Annual LLC Fees Wyomings LLC is required to pay an annual fee of $60 to the Secretary of State beginning the second year. There is again a $2 convenience fee for paying online. The annual report is technically calculated as the lesser of $60 or $60 for every $250k in assets in Wyoming.
10 Wyoming LLC Benefits In Detail Privacy. Members, shareholders, that is, owners as well as CEOs, and non-registered officers are not a matter of public record. No Income Tax. No Information Sharing. Live Anywhere. Legal Protection. Single-Member LLC Charging Order Protection. Own Without Cash. Few Regulations Formalities.

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