Are all corporations the same? Are all LLCs the same?

Answer: No.

The wording of the Articles of Organization of the LLC creates the LLC when filed with the Secretary of State. The Articles of Organization spell out whether it's a manager-managed or member managed LLC.

Q: Which is better? Manager-managed? Member-managed?

A: Manager-managed LLC: Charging order protection secures assets from hostile creditor threats.

The charging order protection is what triggers the hostile creditor to be liable for an income tax, without collecting on your assets. This is called "phantom income," and it's successfully restricted from the hostile creditor ONLY when the LLC is manager-managed.

The state of choice means a great deal because it determines how secure the benefits really are. A Nevada LLC or a Wyoming LLC is extremely secure in terms of the charging order protection.

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

Wyoming Secretary of State's Business Division

The Division has the responsibility of filing a variety of documents including registration of business entities, issuance of trademarks and trade names, filing of liens under the Uniform Commercial Code (UCC), filing of notices under the Central Filing of Agricultural Products Act and other statutorily required filings. From this site you can search and access filed information for business entities, lien notices, forms, fees and frequently asked questions. The Secretary of State's Office provides 24-hour access to online filing of annual reports and UCC financing statements.

Click here to go!

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

Wyoming - Office of the Governor Press Releases

Here you will find the latest information on public appearances, speeches, announcements and other new items. Please contact the governor's press secretary, Leigh Anne Manlove, for additional information and scheduling interviews.

CLICK HERE TO GO!

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

Wyoming - The Facts on Wyoming's Tax Climate

Here are some basic facts on Wyoming's tax system and how it compares to other states:

Tax Freedom Day Arrives on April 11 in Wyoming
Tax Freedom Day is the day when Americans finally have earned enough money to pay off their total tax bill for the year. In 2010,

Wyoming taxpayers work until April 11 to pay their total tax bill, ranking it 16th highest in the nation. This is 2 days after the

national Tax Freedom Day (April 9). The Tax Freedom Days of neighboring states are: Montana, April 5 (ranked 33rd nationally); South

Dakota, March 29 (ranked 47th nationally); Nebraska, April 7 (ranked 27th nationally); Colorado, April 10 (ranked 17th nationally);

Utah, April 11 (ranked 15th nationally); and Idaho, April 8 (ranked 22nd nationally).


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

Should I form a Wyoming LLC?

A Wyoming LLC satisfies a necessary condition of your business planning developement in that it meets the requirement that you establish a legal form of organization in order to gain the statutory benefits and protection available in Wyoming to your LLC. Your Wyoming LLC establishes a legal presence within the state, which you can use either as a platform for in-state operations or by registering your Wyoming LLC via your agent's physical address in order to meet the purely statutory requirement for tax and filing purposes absent an in state operation.

LLC Advantages specific to Wyoming:

* No State Income Taxes


* No information collected to be shared with IRS


* Privacy allowed


* Shareholders are not listed with the state


* Nominee officers are legal


* Citizenship not required


* State tax not being considered


* Wyoming draws little attention


* Lower Startup Costs

---------------------

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

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 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 for maintaining your Wyoming

Corporation falls due, it will be calculated based on the number of

shares of no par value. For fees on assets, the annual fees are

calculated on the value of corporate assets located within the state

only, and will not include any assets located outside Wyoming.

In terms of governance, the law does not require that a board of

directors be established for Wyoming Corporations with less than

fifty shareholders; in fact, Wyoming Corporations with very few

shareholders are not required to conduct meetings, keep minutes of

shareholders' meetings or maintain any of the documentation and

paperwork you would normally associate with the operations of a board

of directors.

You may wonder if the state provides effective asset protection to

Wyoming corporations. You don't have to submit any stockholder lists

and you don't have to issue any share certificates. Corporations are

never required to disclose the names of shareholders on any share

certificates. Wyoming corporations don't allow bearer shares though.

The law allows nominee shareholders to represent the real owner. This

affords the true or beneficial owner a measure of privacy. Some

investors may still prefer the bulletproof anonymity offered by

bearer shares instead of a nominee structure.

There are instances where the state courts may allow the corporate

veil of Wyoming corporations to be pierced and may hold the officers

and/or shareholders to be personally liable. Generally, the

commingling of, or failure to segregate, company funds and other

assets, as well as fraud and failure to provide adequate

capitalization to the corporation, will initiate such action.

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

Enjoy anonymity and privacy in Wyoming

The more information about you that appears in the public record, the easier it is for you to become a target. Wyoming has no requirement for the names of shareholders to be filed with the state. It asks only for a simple "Annual Report" which requires disclosure of only those assets located within the state of Wyoming and the name of one person, usually the one who submits the report.


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