Are you a business owner that is tired of dealing with liability issues, high costs, and a lack of privacy in your current state of operation? Look no further because Wyoming may well be the answer.

With its favorable business environment, you can easily relocate your company to the Equality State and enjoy the benefits of low taxes, strong privacy protection, and a business-friendly atmosphere. Moving your business to Wyoming has never been easier, and if you keep the same name, you can keep your previous EIN. With just a few simple steps, you can officially make the switch and secure a brighter future for your company. So, are you ready to make the move to Wyoming? Let's dive into the process!

Steps to move your company to Wyoming

1. Provide corporate information

You must get certified copies of your formation documents from the Corporations Division or Secretary of State in your home state. The Secretary of State for Wyoming will need this proof of your business's existence.

2. Get Wyoming Articles of Continuance

By obtaining Wyoming Articles of Continuance, you can relocate your business to Wyoming while retaining your original company formation date. This will help you to protect your company's history.

3. Find a Wyoming Registered Agent

If you relocate your business to Wyoming, you must have a registered agent because their address will be public record. It is also where official messages will be delivered. If you want to maintain your privacy, hire a professional Wyoming Registered Agent Service.

4. Write a Resolution Authorizing Continuance

This provides evidence that the company's owner(s) have approved relocation from its home state to Wyoming. Those authorized to make the decision, e.g., company owners, must sign it in ink. LLCs must have their members sign, while corporations must have either the shareholders or the Board of Directors sign.

5. Complete the following documents from your home state

You must submit a copy of your unfiled dissolution documents to the Wyoming Secretary of State for domestication approval. It will be filed with the Secretary of State or Corporations Division in your home state. In your home state, this document will be used to dissolve your company. Please remember that you should not file dissolution documents at first because this is the final document submitted. Simply fill out this form, make a copy for the Secretary of State for Wyoming, and store it.

6. File the necessary documents in the state of Wyoming.

Send the documents to the Secretary of State for Wyoming when you have completed your paperwork. Include the $100 filing fee in your budget. Make the money orders and checks payable to the Secretary of State for Wyoming.

What documents should you file in Wyoming?

• Signed Registered Agent Consent Form and Wyoming Continuance Articles.
• A certified copy of your home state's formation document.
• Resolution Authorizing Continuance, Signed.
• An unfiled copy of your home state's articles of dissolution.

7. Get Wyoming Continuance Approval

You can file your dissolution documents once the Wyoming Secretary of State has approved your paperwork. Your company could be dissolved in Wyoming and your home state if your Wyoming filing is rejected. As a result, you are strongly advised to obtain Wyoming approval first. You will receive a confirmation when the Wyoming Secretary of State has approved your paperwork.

8. File your home state's dissolution documents.

When you receive confirmation that your dissolution documents have been accepted in Wyoming, pay the required fees and file your dissolution paperwork in your home state. The fees and procedures for dissolution differ from state to state. You can seek the advice of a professional and inquire about the dissolution fees and procedures in your home state.

Final Thoughts

Moving your business to Wyoming offers a range of benefits, including liability protection, cost savings, and privacy. By submitting Articles of Continuance to the Secretary of State and changing your company's domicile, you can make the transition smoothly and secure a bright future for your company. If you're interested in taking advantage of Wyoming's favorable business environment, don't hesitate to take the first step. Visit this trusted resource to learn more about the process and start your journey to a better business future in Wyoming.