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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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