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Wyoming, USA Corporation

Wyoming is one of the inland US federal states. Its total size is 253,326 with only 476,000 inhabitants. The capital city is Cheyenne being home to 52,000 inhabitants. English is the officially used language; US Dollar is the official currency.

The Wyoming Legislature in1989 enacted a new Business Corporation Law, which minimizes government regulation and maximizes corporate flexibility.

Company Statute: Corporation

Taxation: Corporations not having any business in Wyominge pay no Wyoming Corporate income tax.

Shareholders/Members: The minimum number of shareholders is one. A shareholder of a US Corporation may be another corporation (even an international or "offshore" corporation).

Directors/Managers: The minimum number of directors is one, who must be a natural person. Directors may be of any nationality and need not be a citizen of the United States.

Registered Office Required: Yes. Must be maintained in state of incorporation/formation at the office of a professional registered agent.

Name Restrictions: Anything identical or similar to an existing company within the state of incorporation. Additionally, the use of bank or trust within the name of the corporation is prohibited in all 50 states without first obtaining consent from the banking authorities in the state of incorporation. Suffixes to Denote Corporation: Incorporated, Corporation, Limited, Company or their abbreviations Inc, Corp, or Ltd. Some of the recommended states allow other suffixes such as Fund, Association, Foundation, Syndicate, Club, Society and Institute.

Financial Statements: There is generally no requirement to file financial statements with the state of formation unless the corporation owns assets within that state or has conducted business within that state.

Annual Report/Licence Fees: USD 50.

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