Wyoming Changing state of incorporation
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How to fill out Changing State Of Incorporation?
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FAQ
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.
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.
While beautiful Wyoming is mostly known for its scenic byways, national parks and incredible views, it's also one of the top five best states to form an LLC in. With its low LLC fees, beneficial tax structures and asset protection laws, the Cowboy State has a lot more to offer than just good looks.
If a company is ?conducting business activities? in a state other than its state of formation, it will need to register as a ?Foreign Entity? in the second state while maintaining its Registered Agent and good standing in the state in which it was originally formed.
Submit your filing to the WY Secretary of State: Certificate of Good Standing and Certified Copy of the AOI. Articles of Domestication. Registered Agent Consent Form (We send to you) One set of originals and one set of copies. A $100 check for the Wyoming Secretary of State.
We can also serve as the registered agent for your corporation. You may consider this option if you have privacy concerns, as the articles of incorporation are a public document. It is better to incorporate in Wyoming than Nevada because there are no taxes in Wyoming, significantly lower fees and better privacy.
Advantages of Incorporating in Nevada Nevada has no state corporate income tax and imposes no fees on corporate shares. There is neither personal income tax nor franchise tax for corporations or LLCs (but initial and annual statement fees and a business license fee apply).
The Corporation Articles of Amendment should be mailed to the Wyoming Secretary of State. There is a $50 filing fee. The amendment will be processed roughly within a week, and a stamped copy will be sent to you through the mail.