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If you are considering forming an LLC (Limited Liability Company) in Wyoming, it helps to have an overview of the rules. This will help you decide whether Wyoming is the right formation state for you, and help speed you through the formation process if you opt for a Wyoming LLC.
In Wyoming, an LLC’s name must include words “Limited Liability Company,” or its abbreviations “LLC,” “L.L.C.,” “Limited Company,” “LC,” “L.C.,” “Ltd. Liability Company,” “Ltd. Liability Co.,” or “Limited Liability Co.” A low-profit LLCs must indicate that status in its name. The name of the LLC may not contain language implying a different purpose from the purpose or purposes in the Articles of Organization. The name shall not be the same as or similar to the name of any domestic or foreign LLC, trade name, trademark or service mark registered in this state, corporation, statutory trust company, limited partnership or other business entity.
The following are Wyoming’s requirements for the members/managers of LLCs:
You form a WY LLC by filing Articles of Organization and paying the required fee. The information required in the formation document varies by state. Wyoming's requirements include:
Every Wyoming LLC must have an in-state Registered Agent. The agent’s name and the physical, street address in Wyoming must be listed in the Articles of Organization. A post office is not acceptable as the Registered Agent’s address. Wyoming also requires that the Registered Agent consent to the appointment. An original and one photocopy of the consent must be submitted when the Articles are filed.
Wyoming does not have a Professional Limited Liability Company statute, but it allows professionals, such as accountants, attorneys, and physicians, to form a regular LLC.
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