The real estate may be held in a foreign LLC, but you will need a local one for handling the property. This does not apply to all industries. E-commerce companies may domicile all their subsidiaries in Wyoming since they are not transacting business in any other state.

How to start a business in the state of Wyoming?

If you want to start a business in Wyoming, the links below will get you started with the Secretary of State’s Office. File Your Wyoming LLC, Profit or Nonprofit Online Now! How to Create a Wyoming Company!

How much does it cost to form a LLC in Wyoming?

For Wyoming LLCs, Articles of Organization act as the formation document, while Wyoming Corporations use Articles of Incorporation. The filing fee is $100 for processing by mail or $102 if you file online. The Secretary of State filing fee is included in our $199 formation service.

Can a Wyoming LLC own a condo in Florida?

A Wyoming or Nevada LLC may thus own a Florida condo without registering as a foreign entity. The question is what state is best for your parent company? Common choices are Wyoming, Nevada, Delaware and New Mexico: Wyoming is the current leader.

Can a e-commerce company domicile in Wyoming?

E-commerce companies may domicile all their subsidiaries in Wyoming since they are not transacting business in any other state. Transacting Business: If you are deemed to be “transacting business” in another state, then you must register in that state. This begs the questions of what constitutes transacting or doing business?

Who is indirectly owned by a single member LLC?

Indirectly owned means the LLC is owned by another Disregarded Entity LLC, which then owns the Single-Member LLC There are more complex examples of indirect ownership, however, that is beyond the scope of this article and you will need to speak to an accountant for assistance if you have a more complex entity structure.