Benefits of a Wyoming LLC

Did you know that Wyoming is the home of the LLC? That's right! Wyoming became the first state to enact Limited Liability Company statute. In 1977 legislation was drafted and presented to the Wyoming Legislature and adopted without amendment.

As the home of the LLC, Members and Managers can remain anonymous in Wyoming. Unlike other states, Members and/or Managers names are not required to be listed with the Secretary of State's office. This helps to provide protection by providing a level of privacy to the owners.

The LLC has generated a substantial amount of interest due to the fact that it provides both the limited liability of a Corporation and the single level pass through taxation of a Limited Partnership.

Why use a Wyoming LLC? Here are some other advantages.

- No Initial Annual Report filing required. You do not have to file an Annual Report until the following year after you organize your LLC.

- Annual Report filing fee is only $50 if you have no assets located in Wyoming. Compare that to other states where filing fees can be ten times that or more.

- There has been established case law for three decades for the LLC.

- One person can own and operate a Wyoming LLC.

- Wyoming has a Charging Order Provision that extends to single-member LLCs.

With a Wyoming LLC you have privacy, protection and lower fees with a Wyoming LLC.

For more information, visit our website at http://www.aaacorpservices.com/ Toll Free: (800) 891-5987 Outside the US: (307) 635-8700 Fax number:(307) 635-1300