Wyoming Corporation Handbook

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Wyoming Corporation Handbook image
ISBN-10:

0977464504

ISBN-13:

9780977464500

Author(s): Michael Cruze
Released: Jan 09, 2006
Publisher: Wild West Press
Format: Mass Market Paperback, 292 pages

Description:

Wyoming is the fastest growing incorporation state in the USA for several important reasons: No or low taxes. In Wyoming there is no corporate or personal income tax, no inventory tax, no gross receipts tax, no franchise tax, no Business or "per-capita" tax, and no excise taxes. No burdensome regulations. Low annual fees. Annual fees are based on the value of corporate assets that are physically located in Wyoming, not on assets located elsewhere. One person may be all required corporate officers and directors. Stockholders are not revealed to the state. The articles of incorporation may provide for unlimited stock without a requirement for stating par value. Wyoming statute has a provision for bearer scrip. Share certificates are not required. There is no minimum capital requirement. Meetings may be held anywhere in the world. Corporate officers, directors, employees and agents are statutorily indemnified from personal liability associated with their corporate activity. Additional indemnification is allowed even after suit is filed by potential judgement creditor. Wyoming has a continuance procedure. It allows a corporation formed in another state to change its domicile to Wyoming while maintaining its corporate history. The Wyoming Corporation Handbook shows you step by step how to set up your own corporation for complete financial privacy and asset protection.

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