[Report Abuse]
[Login to Blog] companyformulation's Blog
Getting Started With Forming A Wyoming LLC

Take Me To Post Comment Form

Have you been considering making your business a limited liability company? Operating a business under your name isn’t the most ideal situation for some reasons. These include tax considerations, lack of privacy, and sole proprietorship will put your assets at risk. For these reasons, most small business owners opt to form an LLC. But how do you go about getting your company incorporated?

In Wyoming, you can choose to file your LLC on your own or have someone else do it for you. While it is possible to do this on your own, it can be a confusing process with many forms. In most cases, it is just easier to hire a law office to file a Wyoming LLC. The cost difference between doing it yourself and hiring someone can be as low as 99 dollars, which is worth the money to have your LLC guaranteed within 24-hours and not have to do all the paperwork on your own. Wyoming Trust & LLC Attorney will handle everything for filing at a low rate of $199. You can also use them for a registered agent.

When you establish an LLC, you will also need to create your registered agent. The job of your registered agent will be to receive an official mail correspondence. For example, if you receive something from a disgruntled customer who wants to take legal action, their attorney will mail you official notices. The registered agent keeps your business address on file with the Secretary of State, which provides your address. While you can elect to use your home address for this purpose, it may not always be the best option because your address will be on public record. This means you could start receiving lots of mail that you don't’ necessarily want or need.

Once you are an LLC, you will have the benefit of no tax and no liability to your assets. This is the biggest reason to choose an LLC for your small business. Keeping your business from your personal life can be essential. As a limited liability company, you get the bonus of anonymity when you choose a law office to establish your entity. No one will know who the owner of the business is unless you say otherwise because attorney-client privilege protects you. Choosing a law firm provides a significant amount of security in many ways and is possibly the most significant reasons to pursue LLC as your entity of choice.

Latest Activity: Sep 14, 2018 at 3:11 PM

Blog has been viewed (39) times.

Log In to post comments.

Previous blog entries by companyformulation
Hiring a Registered Agent for Your LLC
May 23, 2018
A registered agent is an individual who helps a person or group of people manage an LLC, or Limited Liability Company or other legal entities such as partnerships and corporations. Every state requires businesses to register with their state and have a registered agent. Sometimes called a statutory agent, an ...
Read More »
How to Hire a Business Lawyer
May 01, 2018
When you begin a business, there are several crucial steps to take before you get down to the actual business. One crucial part of starting a business is hiring an attorney to have on retainer in case of emergencies. You want to hire a great attorney before someone sues you ...
Read More »
[View More Blogs...]

Powered by
Morris Technology