During the last few decades Wyoming has been improving business legislation and now it is almost perfect. 
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Transparent legislation and good business environment make corporate registration in Wyoming a very good idea.
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Owners and managers of companies can be sure of their safety. Each law is as accurate as possible, transparent and always on the side of a bona fide owner. The state is happy to accept law-abiding businessmen, opening up a lot of opportunities for them.
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What are its key advantages today?
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– Registration costs of C-Corp (same as LLC) are much lower compared to other states.
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The amount is an order of magnitude lower than in most states.
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– A single annual fee, the so-called state deductible - $50.
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The commission for every million dollars’ worth of assets in the state is $200. Such savings will not only save profits, but also significantly increase it in a short time.
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- Pure workflow and privacy
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Wyoming does not require submitting the names of shareholders to the state when registering a company. This allows you to preserve the inviolability of personal data and avoid false accusations of unscrupulous competitors.
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– There is no binding to the terrain
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Despite its fantastic nature, Wyoming does not have to become your home. Business can be conducted remotely, observing the laws of the state. Such freedom allows you to not only to work effectively, but also constantly expand the horizons.
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– No start-up capital requirements
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You can finance your business with any amount, starting from one dollar.
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– The corporation's shares can be backed by any value: money, precious metals or even services
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This gives ample opportunities if the start-up capital is not too large.
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– Flexibility in the formation of staff
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Wyoming laws allow one person to hold multiple positions. You can perform all functions in the company: from the CEO to the secretary, legally.
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Wyoming wins on Florida's business climate for C-Corp. Registration Corporations of the latter are subject to income tax at the state level. Florida is more suitable for LLC registration. Wyoming is a universal state in this regard.
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If you have not renewed your corporation, you will not be imposed a significant fine, as in Florida - $400. In Wyoming, the amount of the fine will only be $50.
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One of the reasons for such a loyal attitude of the state to business is the Republican Party in power. It carefully ensures that taxes are minimal, and the state does not interfere in the work of businessmen.