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This website offers people free information on the benefits of filing a corporation in the state of Wyoming versus Nevada.
Almost before we could remember it seems Nevada has been the front runner in startup corporation filings for businesses all over, soon that may change. With major budget problems the state of Nevada has added new fees to their corporation filings, making Nevada less attractive.
It’s true, to file a Nevada corporation, the cost has risen over 400% almost over night! The good news is that you can save money in Wyoming. Read our website before you file your next Nevada corporation, it might save you a few bucks!
But more importantly – if you are looking at filing a corporation, you should look at the benefits of filing a Wyoming corporation! Wyoming has very low fees and no state income tax, and Wyoming has lots to offer small and larger businesses looking to call Wyoming home.
Head to Head Comparisons of Nevada vs. Wyoming:
| SERVICES | WY | NV |
| Allows Companies to transfer existence from any other states | yes | no |
| One individual may serve in all capacities | yes | no |
| No restrictions of number shares issued or par value | yes | no |
| No Annual Report mandated before one year anniversary | yes | no |
| Inexpensive Annual Fees | yes | no |
| No Requirement for Share Certificates | yes | no |
| Inexpensive initial Incorporation Fee | yes | no |
| Privacy in access to corporate members | yes | no |
| Indemnification of Officers and Directors, employees and agents by statute | yes | yes |
| No Franchise Tax | yes | yes |
| Identity of Stockholders Private | yes | yes |
| Will not collect or report corporate tax information to the IRS | yes | yes |
| No restrictions on initial capitalization | yes | yes |
| No restrictions on location of meetings | yes | yes |
| No State Corporation State income tax | yes | yes |
| No Tax on shares issued | yes | yes |
| Nominee Shareholders allowed | yes | yes |
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Everything very up to date. There are various major things one should understood or keep up in their mind you decide to form Nevada LLC. You should be aware of the costs that will be involved so that you will be prepared to pay them and not delay the formation of your company. There are also various fixed fees that are needed by the Secretary of State of Nevada for filing the paperwork necessary to start your new limited liability company.