Incorporate
Move your company to Wyoming.
Re-domiciliation keeps your original formation date and your tax ID, you are not starting a new company, you are changing where the existing one lives.
How it works
If your company is current with the state it is in, we can re-domicile it or file for a certificate of continuation to move it to Wyoming, in some cases for less than what you are being charged this year in fees.
The process, step by step
- You can move any type of U.S. company: an LLC, corporation, partnership, or public company. This is also called a continuance.
- Your company must be current with your state. Its renewal date needs to be at least two to four weeks away when you place the order.
- We send you an electronic document to sign giving us the authority to move the company. We then order a Certificate of Good Standing and certified copies of the Articles from your state.
- We combine those with the Wyoming paperwork and file it.
- About a week later we send your new corporate kit, if ordered, 20 new share certificates, a new corporate seal, and suggested meetings. We also include the Articles of Dissolution you must file with your current state, which may charge its own fee.
- Once that is filed you stop paying your old state. Your company shows as dissolved in that state’s database, and the Wyoming database shows it as a company formed in your original state on its original date and moved to Wyoming on the date recorded here.
What you keep
This is the reason to re-domicile rather than form a new Wyoming entity and migrate into it:
Preserved through the move
- The original formation date of the company
- The same tax ID number
- Your existing contracts and banking relationships, which follow the same legal entity
- No need to move assets into a newly formed company, which is where the tax risk lives
That last point is the one people underestimate. Transferring appreciated assets from one entity to another can be a taxable event. A continuance is the same company changing its state of domicile, so there is nothing to transfer.
Why companies move to Wyoming
Wyoming has no corporate income tax, no personal income tax, and no franchise tax, and it does not publish member or manager names in the public record. Your yearly fee to the State of Wyoming will be $60, assuming you have no assets located inside the state. For a company currently paying several hundred to several thousand dollars a year in franchise tax elsewhere, the move frequently pays for itself in the first year.
Wyoming also has strong LLC and charging-order statutes, which is why it is a common destination for holding entities. Whether those statutes actually help your situation is a legal question, the attorneys at Tresp, Day & Associates, Inc. can answer it, and Tresp Corporate Services cannot.
Price and logistics
Re-domicile your company to Wyoming
$595 one-time
Plus any fees your current state charges for documents and filings
Most clients pair the move with a corporate compliance program so the Wyoming annual report is handled from the first year onward, and a Wyoming registered agent, which the state requires you to maintain.
Check this before you move
Foreign qualification is the thing people miss
If you are moving a business out of a state, check with your attorney whether your company is doing anything that would require it to remain registered in the state you are leaving. Moving your domicile to Wyoming does not exempt you from registering as a foreign entity in states where you actually transact business, and it does not change where your income is taxed.
Tresp Corporate Services has been forming and maintaining companies since 1992. We are not a law firm and do not provide legal advice. For the legal side of a jurisdiction change, see choosing the right jurisdiction at the independent firm Tresp, Day & Associates, Inc.
Not sure whether a move makes sense for you?
Tell us what state you are in and what the company does. We will tell you if it is worth it.
Common questions
Frequently asked
How much does it cost to move a company to Wyoming?
Tresp Corporate Services charges $595 to re-domicile a company to Wyoming, plus any fees your current state charges for documents and filings. The ongoing Wyoming annual fee is typically $60, assuming you have no assets located inside the state.
Do I keep my EIN and formation date if I re-domicile?
Yes. A re-domiciliation or continuance moves the same legal entity to a new state of domicile, so the company retains its original formation date and the same tax ID number. This is the main advantage over forming a new Wyoming entity and transferring assets into it, which can be a taxable event.
What types of company can be moved?
Any type of U.S. company, an LLC, corporation, partnership, or public company. The company must be current with its existing state, and its renewal date should be at least two to four weeks away when you place the order.
How long does re-domiciliation take?
We order a Certificate of Good Standing and certified Articles from your current state, combine them with the Wyoming filing, and submit. Your new corporate kit follows about a week after filing. You must then file the Articles of Dissolution we provide with your former state to stop owing fees there.
Do I still need to register in the state where I operate?
Probably. Moving your domicile to Wyoming does not exempt you from foreign-qualification requirements in states where your business actually transacts, and it does not by itself change where your income is taxed. This is a legal and tax question you should put to your attorney or accountant.
Tresp Corporate Services, LLC provides corporate, registered-agent, and compliance services and does not provide legal advice. For legal matters, we work in tandem with the independent law firm Tresp, Day & Associates, Inc. This page is general information only.
Ready to form or move your company?
Tell us what you need and we’ll take it from there, most clients are set up within a day.