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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.
After 60 days, the Secretary of State will commence Administrative Dissolution. When this happens, your LLC has legally forfeited your Articles of Organization or your Certificate of Authority. You can no longer legally operate your business in Wyoming. Your liability protections no longer apply.
To make amendments to your limited liability company in Wyoming, you provide the completed Limited Liability Company Amendment to Articles of Organization form in duplicate to the Secretary of State by mail or in person, along with the filing fee.
How to Dissolve an LLC Vote to dissolve the LLC ? If there are disputes among members that cannot be resolved, then all members will vote to grant approval of the dissolution of the business. ... File articles of dissolution ? Once all members have voted in favor of dissolution, the LLC must file paperwork with the state.
The Close LLC is designed with small businesses in mind. The Wyoming LLC Act allows close companies to sidestep onerous formalities while otherwise keeping the benefits of a Wyoming LLC. Generally, the designation is for single-member LLCs and for when members are close to one another, i.e. family and close friends.
Starting an LLC in Wyoming. ... Decide on a name for your business. ... Assign a registered agent for service of process. ... Get an Employer Identification Number (EIN) from the IRS. ... Create an operating agreement. ... Pay the license tax. ... Familiarize yourself with the LLC's continuing legal obligations, specifically annual reports.
To revive a Wyoming LLC, you'll need to file the Reinstatement Form with the Wyoming Secretary of State. You'll also have to fix the issues that led to your Wyoming LLC's dissolution.
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.