BENEFITS | |||
No state corporate income tax |
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No tax on corporate shares |
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No franchise tax |
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Minimal annual fees |
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One-person corporation is allowed |
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Stockholders are not revealed to the State |
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No annual report is required until the anniversary of the incorporation date |
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Unlimited stock is allowed, of any par value |
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Nominee shareholders are allowed |
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Share certificates are not required |
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Minimal initial filing fees |
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No minimum capital requirements |
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Meetings may be held anywhere |
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Officers, directors, employees and agents are statutorily indemnified |
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Continuance procedure (allows Wyoming to adopt a corporation formed in another state) |
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Doesn't collect corporate income tax information to share with the IRS |
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