Wyoming Continuance Articles are a type of legal document that allow a Wyoming business entity to continue to exist and operate in the state without the need to re-form or register. This document is used to maintain the existence of an entity in Wyoming even if the business is no longer actively conducting operations or is not registered in the state. The most common type of Wyoming Continuance Articles is the Certificate of Continuance, which is filed with the Wyoming Secretary of State and serves to reinstate a company’s good standing in thstatesmanranotherer arr types of Wyoming Continuance Articles, including the Certificate of Existence, the Certificate of Good Standing, and the Certificate of Reinstatement.
Wyoming Continuance Articles
State:
Wyoming
Control #:
WY-FLLC-003
Format:
PDF
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Continuance Articles
How to fill out Wyoming Continuance Articles?
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FAQ
If you live in another state, you can form a Wyoming LLC even if you don't live in Wyoming. However, you may need to register it as a foreign LLC in the state where you live if you'll also be doing business there.
(The registered agent may be an individual resident in Wyoming or a domestic or foreign business entity authorized to transact business in Wyoming. The registered agent must have a physical address in Wyoming. If the registered office includes a suite number, it must be included in the registered office address.
The 2021 state business tax climate index by tax foundation has ranked Wyoming as #1 ? right at the top! Some of the reasons for the tax friendly climate or low tax burden are: The state has no corporate state income tax. There is no personal state income tax.
You can move your LLC (limited liability company) to Wyoming AND keep the original date of organization and EIN to maintain the company history. The State of Wyoming calls this process a "Continuance."
Why Incorporate in Wyoming? Wyoming is a popular corporate haven due to its lack of taxes and endemic privacy concerns. These factors drive many new incorporations. Wyoming also has the added benefit of allowing you to hold your shares in a Wyoming LLC or a Wyoming Trust for additional asset protection.
You can form a Wyoming LLC even if you don't live in Wyoming. Residency in the state, or the USA, is not required to form a company. 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.
Anytime you form an LLC in Wyoming as a California resident, and you will be the manager of that LLC, you are required to register that LLC in California.
Out-of-state entities can register to transact business in Wyoming by filing a Certificate of Authority. The form must be accompanied by a certificate of good standing and existence, dated no less than 60 days prior to filing LLC documents. The fee for out-of-state entities is $150.