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We saw in the year 2015 that a rush of companies from Nevada transferred to Wyoming. We found out why in 2 blog posts entitled: The Nevada Corporation is Officially Dead : in 2015 the annual Business License fee was jacked up from US$200 to US$500 (a 150% increase!), making it the most expensive state to…
The Secretary of State of Wyoming made available for download their complete business entity database. We downloaded this data, and input it into a Database Management System (DBMS) called MySQL, therefore we are able to make some interesting queries (& discoveries). The very first filling made in Wyoming was for: the “United Presbyterian Church” in…
A Domestication is the transfer of the domicile of incorporation of a company from a jurisdiction of origin to another (new) Domestic jurisdiction of destination. All assets & liabilities are transferred in one single process. In some jurisdictions, the Domestication includes the transfer of the starting date of incorporation; in others, the company is given…
Let’s imagine both Delaware and Wyoming freeze their prices for renewals of LLCs, how would it go over a 10 years period?… That’s right, Delaware is 6 times more expensive than Wyoming. After 10 years you could save US$2500… With that amount, you can : buy stamps to send 5,319 snail mail postal letters within…
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