Wyoming remains a go-to for privacy-minded founders, holding structures, and startups that want a nimble C-corp without Delaware’s cost. This guide shows how I handle filings, registered agent issues, tax elections, and compliance.
Typical WY Secretary of State turn time with online filing
Wyoming corporation filing fee
Registered agent annual cost through my network
My hourly rate for drafting, filings, and compliance
Low annual fees ($60), privacy (no shareholder info on public record), no state corporate income tax, and easy conversions from LLCs if you pivot to raising capital.
Name clearance, Articles of Incorporation, registered agent, bylaws, initial minutes, EIN, IRS tax elections, franchise/annual report setup, and bank-ready corporate kits.
Holding companies for multi-state operations, asset protection layers, venture-ready entities pre-Delaware flip, and owners relocating from high-tax states.
| Feature | Wyoming | Delaware |
|---|---|---|
| Filing fee | $100 (one-time) | $109 |
| Annual report | $60 minimum (assets-based) | $225+ franchise tax (authorized or assumed par value method) |
| Privacy | No shareholder names on record; minimal info required | More disclosures (though still relatively private) |
| Case law | Younger body of corporate law | Extensive Chancery Court precedents |
| Best for | Holding companies, smaller corps, asset protection | Venture-backed startups, investors expecting DE |
Every Wyoming corporation starts as a C-corp. Good for reinvesting profits, attracting investors, or flipping to DE C-corp later. I coordinate with your CPA to manage double-tax planning.
If you qualify (≤100 shareholders, all U.S. persons, one class of stock), I file IRS Form 2553 and WY Form 2553 (if needed) within 75 days of formation. S-corps avoid corporate income tax.
Many clients form a WY corp to own LLCs or out-of-state subsidiaries. I draft intercompany agreements, board resolutions, and compliance calendars for multi-entity structures.
You need a registered agent with a WY physical address. I provide that if you don’t have a local office. Your principal office can be anywhere in the world.
Yes. Wyoming allows statutory conversions. I prepare the plan of conversion, board approvals, and file the conversion certificate.
There is no corporate income or franchise tax. You only file the annual report ($60 minimum) and pay asset-based fees if you hold WY assets over $250,000.
Absolutely. I can act as incorporator/agent, obtain the EIN via fax, and guide you through U.S. banking requirements.
SOS online filings are often approved the same business day. I handle rush filings if you need immediate confirmation for bank accounts or investors.
I typically respond within one business day.