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The Benefits of Starting a Business in Wyoming

Incorporating in your home state versus forming a Wyoming LLC

Recently, the state of Wyoming has been viewed as offering comprehensive legal statutes intended to protect the corporation or LLC. While many larger corporations or LLCs (those with over 100 members or shareholders) may reap these legal and financial benefits, small business owners located OUTSIDE of Wyoming may not.

For many small business owners located outside of Wyoming, incorporating in Wyoming is often NOT the most cost effective option. For these “smaller” business owners (those with less than 10 shareholders or members), incorporating or forming an LLC in their home state is often the best choice.

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