Wyoming Company Formation
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Wyoming’s economy is mainly made up of the mineral extraction and tourism industries. These are fuelled by the state’s vast countryside, natural resources, and national parks. Investors can benefit from Wyoming’s incredibly favourable tax regime and low utility rates.
Universal Company Incorporations has experience with company formation in Wyoming. Our team will establish the right corporate and management structure in the state to meet all of your specific business requirements and maximise the available investment benefits.
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Further Information
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Wyoming was the first US state to introduce an LLC statute into Company Law. As a result of this history, Limited Liability Companies are the most popular type of company to incorporate in the state.
There are no business license fees or officer filing fees in Wyoming, making company incorporation there a much more cost effective process than in other states. Asset protection and business privacy is widely available and there are strict regulations on keeping company owners, directors and shareholders’ personal details private and liability limited.
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The tax system in Wyoming is very business-friendly. There is no Corporate State Income Tax, Personal State Income Tax, Inventory Tax, and the Sales Tax has a base rate of 4%. Of all the US states Wyoming ranks as having the 5th lowest state taxation. There are no financial incentives or tax reductions because of this favourable tax regime.
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