Wyoming Close Llc Operating Agreement With Florida
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FAQ
Yes. You can register your LLC in a different state if you comply with the laws and regulations of both states.
Why a Wyoming Holding Company? Holding companies have flexibility in where they domicile. This is because simply holding assets and leasing them is not generally considered transacting business (more in the next section). A Wyoming or Nevada LLC may thus own a Florida condo without registering as a foreign entity.
A majority of LLCs are formed by non-residents. Forming an LLC in Wyoming as a non-resident is the same process as for a resident. Filing Articles, appointing an agent and paying the online fee. The largest difference is obtaining the EIN which cannot be done online with the IRS.
Forming an LLC in Another State For these industries, a Wyoming company can be a good fit. However, if you have W2 employees, or a physical presence in Florida, then you require a Florida LLC as you're doing business here. Do note, this does not mean your Florida LLC cannot be owned by a Wyoming holding company.
Formal LLC Dissolution. A formal dissolution requires submitting Articles of Dissolution and a $50 check to the Wyoming Secretary of State. Once received, there is a 3-5 day processing time before the documents are filed online and the company is formally closed.