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Name requirements for different entity types: Many entity types have specific requirements for the entity name, such as: a limited liability company name must contain a form of ?LLC?; a corporation name may contain ?Inc.? but is not required to, etc. Please check the appropriate form for your entity type for details.
Events causing dissolution. (B) Have acted or are acting in a manner that is oppressive and was, is, or will be directly harmful to the applicant. (b) In a proceeding brought under paragraph (a)(v) of this section, the court may order a remedy other than dissolution.
Section 17-29-407 - Management of limited liability company (a) A limited liability company is a member-managed limited liability company unless the articles of organization or the operating agreement: (i) Expressly provides that: (A) The company is or will be "manager-managed"; (B) The company is or will be "managed ...
A business name reservation means that your name is saved for your exclusive use for a defined period. Some states' name reservations are good for 120 days, but some reservations may be as short as 30 days. Many, but not all states allow renewals.
Wyoming does not levy state and business taxes on LLCs. This is helpful for Wyoming residents since they won't have to pay double taxes. Being one of the zero-income tax states, Wyoming remains appealing to many LLC owners. It also implements zero corporate tax, franchise tax, and stock tax.
If you want to make certain your LLC name will be accepted, you can reserve the name in advance by submitting a Wyoming LLC Application for Reservation of Name. This form must be submitted by mail, along with a $60 filing fee. Reserving your business name gives you exclusive rights to the name for 120 days.
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.
How to Start an LLC in Wyoming Choose a Name for Your LLC. ... Appoint a Registered Agent. ... File Articles of Organization. ... Prepare an Operating Agreement. ... Comply With Tax and Regulatory Requirements. ... Annual Report.