
Why Wyoming
Ranked #1 for business tax climate for 13 consecutive years by the Tax Foundation. Wyoming offers unmatched advantages for LLC and corporation formation.
No State Income Taxes
There are no state income taxes for Wyoming LLCs or corporations. If you choose to incorporate in Wyoming, your company may not pay state taxes at all. Think about what you paid last year in your state's income tax — in Wyoming, that number is zero.
Strongest Asset Protection
A Wyoming LLC or corporation offers its officers and directors the highest degree of protection from lawsuits filed by disgruntled creditors or overzealous plaintiff attorneys. The first LLC statutes in the US were instituted in Wyoming in 1977 and have been continuously strengthened.
Privacy Protected
Wyoming does not require the manager or the members of a Wyoming LLC to be listed on a public database. Unlike Nevada, there is no tax number requirement for the company and no personal guarantee from you on a business license.
Low Costs
Wyoming LLC fees and other expenses are less than those of most other states. There are no Wyoming business license fees or officer filing fees. Annual renewal is only $62 in most cases. We can deliver a quality company package for much less than Nevada or Delaware.
No Citizenship Required
You do not have to be a US citizen to incorporate in Wyoming. You can operate your corporation and live anywhere in the world. Our Office Service Contract gives 'presence' to your remote corporate operations.
Best LLC Laws
Since Wyoming has had limited liability companies available longer than any other state (since 1977) and has the strongest laws protecting members and managers, it is the state of choice for establishing LLCs. Laws were updated in 2010, 2017, and 2020.
Nevada Is No Longer Tax-Free
If you are comparing Nevada and Wyoming LLCs, keep in mind that Nevada has a corporate gross receipts tax with no deductions allowed. They also raised the yearly fee for a Nevada corporation by 150%. Nevada has raised rates on corporations by about 400% in the last 9 years. Don't gamble on Nevada.
| Comparison | Wyoming | Nevada | Delaware |
|---|---|---|---|
| State Income Tax | None | None (but gross receipts tax) | 8.7% corporate |
| Annual LLC Fee | $62 | $350+ | $300 |
| Business License | None required | $200+/year required | Varies by county |
| Gross Receipts Tax | None | Yes (no deductions) | None |
| Members on Public Record | Not required | Required | Not required |
| Personal Guarantee | Not required | Required on business license | Not required |
| LLC Asset Protection | Strongest in US | Strong | Moderate |
| Tax Foundation Ranking | #1 (13 years) | #7 | #16 |
| Rate Increases (9 years) | Minimal | ~400% increase | Moderate |
| First LLC Statute | 1977 (first in US) | 1991 | 1992 |
Special Wyoming Corporate Structures
Wyoming offers unique corporate structures not available in most states.
Close Corporations
Special companies authorized by the Wyoming Legislature for small business owners. Less paperwork required to keep them going. Few states have them.
Close LLCs
Less paperwork, easier to manage. This type of Wyoming LLC is perfect for a closely held family company. New legislation makes these even more attractive.
Asset Protection Trusts
Wyoming's 1,000-year Spendthrift Trust is the best asset protection you can get inside the US. Wrap it with LLCs for bulletproof protection.
Series LLC
Create multiple series within a single LLC, each with its own assets, liabilities, and members. Ideal for real estate investors and multi-venture businesses.
DAO LLC
Wyoming was the first state to legally recognize Decentralized Autonomous Organizations (DAOs) as LLCs, providing a legal framework for blockchain-based organizations.
Easy State Transfer
Wyoming has made it easy to move your existing corporation or LLC from any other state, retaining your original incorporation date while gaining Wyoming's benefits.
"Wyoming has the most business-friendly tax system of any state"
— Tax Foundation's State Business Tax Climate Index, 2026 Edition
For the 13th consecutive year, Wyoming ranks #1 overall.
For Non-US Citizens
You do not have to be a US citizen to incorporate in Wyoming. If you have a Wyoming LLC, you can operate your corporation and live anywhere in the world. Wyoming is one of the most welcoming states for international business owners.
Our Office Service Contract gives "presence" to your remote corporate operations, providing you with a legitimate Wyoming business address and registered agent services.
Strategies for Your Business
We specialize in helping you incorporate in tax-free Wyoming and have strategies that may help you:
- Lower your tax liability in your home state
- Increase your asset protection
- Restore your business privacy
- Protect cryptocurrency with an LLC
- Hold real estate through a Wyoming LLC
- Create generational wealth structures
Ready to Incorporate in Wyoming?
Start your company today or call us to discuss your specific needs.