Incorporate in the State of Wyoming

Category : Articles Directory To Open A Corporation in The USA
Posted On : 20th Feb 2010

INCORPORATE YOUR BUSINESS IN WYOMING

  • Great Asset Protection Laws
  • No Information shared with IRS
  • Privacy Allowed
  • Shareholders Not Public Record
  • Citizenship Not Required
  • No State Income Tax
  • Best Asset Protection Laws
  • State tax not being considered
  • Wyoming draws little attention

1.Assets Protection
Owners of limited liability companies (LLCs) and corporationsreceive limited liability protection. Owners' assets cannotbe seized as a result of the LLC or corporate liabilities.Due to the privacy protection offered to the shareholders,it is more difficult for any party to track business ownersand owners' assets.

2.Freedom
You can operate your Corporation and live anywhere in theworld and you do not have to be a US citizen to incorporatein Wyoming.

3.No State Taxes
There are no State taxes in Wyoming on corporations. If youchoose to incorporate in Wyoming your company may not payState taxes at all. If you are comparing Nevada and Wyoming,keep in mind that the Nevada State Legislature is being lobbiedhard to install a corporate income tax. Don't gamble thatthis will not happen. Wyoming never has and never will havea state income tax on corporations. It is one of the only states with a budget surplus!

4. Easy to Move
Wyoming has made it easy to move your existing corporation to Wyoming.

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Roberta Breeden

6th Jan 2010

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I just got inc. but I am not an S-Corp. I still have to get a new ein # and how do I add on S-Corp. to my Inc

Replies
Reply from: infotaxsquare.com | 2010-01-06

Dear Roberta Breeden:

Your question is not clear but let me give you some  guidelines: If you are converting your C-Corporation to an S-Corporation then you will use the same Employer Identification Number. EIN only change If you are changing the structure of your company from corporation to Limited Liability Company (LLC).

Helpful Link:
https://www.infotaxsquare.com/employer-id-number.htm

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