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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.
Wyoming Sunshine Law The Wyoming Sunshine Lawis a series of laws designed to guarantee that the public has access to public records of government bodies at all levels.
The Incorporators' Organizational Meeting Minutes records these decisions or resolutions for the corporation's own records. The minutes are usually stored in corporate minute books for safekeeping.
In Wyoming, the Series LLC is established by statute. The statute provides that the Series shall have the power and capacity to contract, hold title to assets and have separate rights with respect to the asset, and can hold the Series in the name of the Series or in the name of the limited liability company.
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.
17-16-401. Corporate name. (c) A corporation may apply to the secretary of state for authorization to use a name that is not distinguishable upon the secretary of state's records from one (1) or more of the names described in subsection (b) of this section.
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.