The laws of the State of Wyoming provide for the following types of business:
One of the most popular and common forms is the Limited Liability Company.
In 1977 a piece of special legislation was passed introducing the Wyoming Limited Liability Company. This type of entity has the advantage of limited liability, like a corporation, and offers tax efficiency and operational flexibility, like a partnership. Each member of a limited liability company enjoys liability limited to the extent of their investment and pays tax individually in proportion to their ownership.
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Services
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Fees (USD)
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Total cost of LLC incorporation (including Compliance fee, preparation and provision of original constitutive documents and apostilled copies of such documents, documents issuing shares)
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2100
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Annual maintenance (starting from the second year), including provision of registered office address and filing of the Annual Report, but not including Compliance fee
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1750
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Tax registration
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750
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Preparation of financial statements and audit
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Audit fees will depend on the company’s activities and volume of business done by the company, i.e. from the time spent by the auditor on processing the documents. Charged at a rate of USD 200–400 / hour (depending on the qualification of the specialist involved)
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Compliance fee. Payable in the cases of: renewal of a company, liquidation of a company, transfer out of a company, issue of a power of attorney to a new attorney, change of directorshareholderbeneficial owner, except the change to a nominee directorshareholder
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250 (standard rate, includes the check of 1 individual) + 50 for each additional individual (director, shareholder, or beneficial owner) or legal entity (director or shareholder) if such legal entity is administered by GSL; + 100 for each additional legal entity (director or shareholder) if such legal entity is not administered by GSL. 350 (rate for High Risk companies, includes the check of 1 individual)
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*The fees are valid as at December 2021