Why do companies register in Wyoming?

Many companies incorporate in Wyoming because the administrative costs are generally lower than in Delaware or Nevada. Unlike many states, Wyoming does not require licensing or filing fees to be paid to complete the process of incorporation.

How do I get an EIN number in Wyoming?

Steps to Obtaining a Free EIN for a Wyoming Business

1. Go to
2. Apply Online.
3. Begin Application.
4. ¬†Choose the Entity Type for which You’re Applying.
5. Confirm Entity Type.
6. Fill Out Company Information.
7. Confirm Your Selection, Again.
8. State Reason for Applying for EIN.

Does Wyoming have a state income tax?

Nine states — Alaska, Florida, Nevada, New Hampshire, South Dakota, Tennessee, Texas, Washington and Wyoming — have no income taxes. New Hampshire, however, taxes interest and dividends, according to the Tax Foundation. (Tennessee eliminated its tax on investment income in 2021.)

Do you need an EIN to do business in Wyoming?

Also it is defaulted as a C corp for tax purposes. Corporations owned by foreign citizens are required to file as C corps when paying taxes to the IRS should income be gained from doing business the US. To do business and pay taxes in the U.S., your Wyoming company will need to obtain Employer Identification Number (EIN).

How to set up a business in Wyoming?

To do business and pay taxes in the U.S., your Wyoming company will need to obtain Employer Identification Number (EIN). After our state activates your Wyoming LLC or Wyoming corporation, you can apply for an EIN by filing Form SS-4 with the Internal Revenue Service (IRS) by mail or fax (Non-US citizens cannot apply online or by phone).

How to form a Wyoming Corporation for$ 150 total?

You can form a Wyoming Corporation by filing Articles of Incorporation with the Wyoming Secretary of State. If you hire us to form your Wyoming corporation (which, you should, because we form Wyoming corporations every day), your total cost will be $150. That’s it.

Can a foreigner be a shareholder in a Wyoming Corporation?

Foreigners cannot be shareholders in an S corp. Non-US resident business owners are basically faced with the choice of being taxed in the US as a partnership (LLC) or as a C-corp. If you form a corporation in Wyoming, your business is taxed like any other Wyoming corporation on all U.S.-sourced income.