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Wyoming Trusts Formation

WYOMING TRUSTS
Type of Entity: Limited Liability Company (LLC)
Type of law: Wyoming trusts law
Shelf company availability: Yes
Incorporation time frame: 6 to 9 months
Minimum Government fees: $50
Regular Corporate Income Tax: No
Double Tax Treaty access:
Minimum issued share capital : $500,000
Minimum paid up share capital on incorporation: 100%
Minimum number of Shareholders required: 5
Bearer Shares: No
Nominee Shareholders Permitted: Yes
Minimum number of directors: 5
Corporate directors permitted: Yes (but not advisable)
Local directors required: No
Local meeting required : No
Company secretary required : Yes
General Meetings of Shareholders: At least one General Meeting each year (AGM), in addition to any other company meetings.
Local Registered office required: Yes
Tax residence to benefit from Tax Treaty network: Based on incorporation in Wyoming.
Exchange Control: No exchange control regulations - may conduct business in any currency
Disclosure of beneficial owner to Company Registrar: Yes
Government register of directors: Yes
Annual return: Yes
Submission of accounts: Companies are required to submit their accounts together with the tax computation to the Inland Revenue Department
Audit: No

We do our best to monitor the compliance of this jurisdiction with the latest international regulations set by OECD and other international institutions and countries.

At any moment, Damalion may decline any customer demand about this jurisdiction, at its sole discretion and without any obligation to provide any reason.

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