Article
The Advantages of Choosing Wyoming for Your Corporate Services
No corporate income tax, low filing fees, no stock limits, and charging-order statutes, what Wyoming actually offers a corporation.
Editor’s note, updated August 2026
Two claims in the original version of this article overstated the position and have been corrected here. Charging-order protection limits a creditor’s remedy; it is not an absolute bar, and courts in several jurisdictions have reached adverse results particularly with single-member LLCs. And Wyoming’s non-disclosure of members in the state record is not anonymity, banks, the IRS, and courts with jurisdiction still require accurate ownership information, and federal and state beneficial-ownership rules have moved considerably since publication. See our Corporate Transparency Act page.
Maintaining the balance between self-management and expert help is what keeps a corporation accurately and promptly managed. Wyoming offers entrepreneurs an unusually good tax climate: with no state income tax, it is among the most economical states in which to hold an entity. Tresp Corporate Services acts as registered agent and manages corporations through our corporate compliance program, which also lets you keep your own address off the Secretary of State filing.
Wyoming does not have a corporate income tax
As one of a small number of states, Wyoming does not impose a state income tax on corporations or individuals.
Wyoming is set up for efficiency
You do not have to be a Wyoming resident to take advantage of the benefits. Wyoming has affordable filing fees and low maintenance fees. Your corporation can hold directors’, shareholders’, and members’ meetings anywhere. Wyoming also allows straightforward transfers, which matters for future growth and exit planning.
Flexibility with no stock limits
Wyoming does not impose a cost to issue the shares of your company and does not cap the number of authorized shares. This allows you to exchange stock for anything of value.
Favorable regulatory treatment
Companies in Wyoming operate under relatively relaxed regulations and have flexibility in how they conduct business.
Privacy protection, and its limits
Wyoming does not publish member or manager names in its ordinary entity record, which keeps your information off a public, permanently indexed state website. That is a real benefit and it is the one most commonly oversold. It is not anonymity: your bank, the IRS, and any court with jurisdiction will still require accurate information about who owns and controls the entity. See public record address service for a plain account of what a state record does and does not conceal.
Wyoming’s charging order statutes
Wyoming has among the stronger charging-order statutes in the country. A charging order is a court order that directs distributions which would otherwise go to a debtor member toward that member’s creditor instead. In states with strong statutes, the charging order is the creditor’s exclusive remedy, meaning the creditor generally cannot force a sale of the company’s assets or foreclose on the membership interest.
“Generally” is doing real work in that sentence. Outcomes vary with the facts, with how the entity has actually been operated, and with which court hears the matter, and single-member LLCs have fared worse than multi-member ones in several jurisdictions. Whether these statutes protect you is a legal questionTresp, Day & Associates, Inc. answers it; we do not.
About this article
This article is general information published by Tresp Corporate Services, LLC. It is not legal, tax, or accounting advice, and Tresp Corporate Services is not a law firm. Statutes, fees, and filing requirements change. Verify anything you intend to rely on with the relevant agency and with your own attorney or accountant. For legal matters we refer to the independent firm Tresp, Day & Associates, Inc.
Questions about your own entity?
A person answers the phone in our Kemmerer office during business hours.