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    ng, all states had followed suit. Wyoming can be very innovative, all things considered.

    The state adopted the Wyoming Corporation Act providing a unique set of rules for peopl

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    Wyoming is a good place to incorporate.

    In fact, when you think ‘limited liability company’ you should take off your hat, pause a while and thank Wyoming. That is because in 1977, Wyoming became the first state to pass legislation authorizing the creation of a special kind of Wyoming Corporation: The limited liability company.

    This was the first LLC legislation in the entire country. It was not until 1982 that a further state authorized the LLC, and it took a further six years, until 1988 to be precise, for the IRS to issue a ruling that Wyoming LLCs would be taxed as partnerships instead of as corporations. This ruling encouraged other states to enact similar statutes, and in less than a decade after the ruling, all states had followed suit. Wyoming can be very innovative, all things considered.

    The state adopted the Wyoming Corporation Act providing a unique set of rules for people

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    77, Wyoming became the first state to pass legislation authorizing the creation of a special kind of Wyoming Corporation: The limited liability company.

    This was the first LLC legislation in the entire country. It was not until 1982 that a further state authorized the LLC, and it took a further six years, until 1988 to be precise, for the IRS to issue a ruling that Wyoming LLCs would be taxed as partnerships instead of as corporations. This ruling encouraged other states to enact similar statutes, and in less than a decade after the ruling, all states had followed suit. Wyoming can be very innovative, all things considered.

    The state adopted the Wyoming Corporation Act providing a unique set of rules for peopl

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    egislation in the entire country. It was not until 1982 that a further state authorized the LLC, and it took a further six years, until 1988 to be precise, for the IRS to issue a ruling that Wyoming LLCs would be taxed as partnerships instead of as corporations. This ruling encouraged other states to enact similar statutes, and in less than a decade after the ruling, all states had followed suit. Wyoming can be very innovative, all things considered.

    The state adopted the Wyoming Corporation Act providing a unique set of rules for peopl

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    ng that Wyoming LLCs would be taxed as partnerships instead of as corporations. This ruling encouraged other states to enact similar statutes, and in less than a decade after the ruling, all states had followed suit. Wyoming can be very innovative, all things considered.

    The state adopted the Wyoming Corporation Act providing a unique set of rules for peopl

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    ng, all states had followed suit. Wyoming can be very innovative, all things considered.

    The state adopted the Wyoming Corporation Act providing a unique set of rules for people wanting to incorporate in this state. It may yet be another far-reaching initiative. Although the statute may not be quite as jealously protective of identities and assets as Nevada, it definitely is as willing to promote business. So, what does the Wyoming Corporation have to offer?

    Corporate finance officers will always want to hear this: The state does not impose state income tax on Wyoming corporations. In addition to not charging corporate income taxes, it does not levy any franchise taxes or taxes on corporate shares. When you are organizing your Wyoming Corporation, your Articles of Incorporation may provide for an unlimited number of stocks. You do not have to state a par value though. Once the annual fee f

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