Wyoming Online Marketing Agreement
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How to fill out Online Marketing Agreement?
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Wyoming does not levy state and business taxes on LLCs. This is helpful for Wyoming residents since they won't have to pay double taxes. Being one of the zero-income tax states, Wyoming remains appealing to many LLC owners. It also implements zero corporate tax, franchise tax, and stock tax.
Wyoming law requires that all LLC Registered Agents have a physical street address in Wyoming. PO Boxes aren't allowed. And the Registered Agent's name and address will be listed on public records.
Wyoming's charging order protection laws are effective for members to protect their LLC assets and ownership from creditors. However, that protection does not extend outside of Wyoming. Members living out of state will have to deal with different laws protecting their LLC assets from garnishment by creditors.
The main differences between Wyoming LLCs and Delaware LLCs are cost and reputation. Wyoming LLCs provide stronger privacy, stronger asset protection, and lower fees. Delaware LLCs are more expensive to maintain, but Delaware has the reputation of being home to Fortune 500 companies.
Moreover, because Wyoming also doesn't have a personal income tax, LLC members generally will owe no state tax on income they earn from a Wyoming LLC. The only tax for LLCs, mentioned above, is the annual license tax of $60 or a small percentage of the value of your LLC's assets located in Wyoming.
Wyoming LLC Purpose: Limited liability companies may be organized under the laws of Wyoming for any lawful purpose, except for the purpose of banking or insurance.
Wyoming requires an annual report for LLCs to be filed on the first day of the month in which the company is formed. The minimum fee due is $60 (with a $2 processing fee if paid online). Most Wyoming annual reports cost $60 to file, with a $2 convenience fee if done online for a total of $62.
Wyoming LLCs, unlike Corporations, provide charging order protection even when there is only one member. This means personal creditors cannot break into your company and force you to liquidate real estate assets.