How to Pay Yourself from a Wyoming LLC (All Options and Strategies)

A Wyoming business man paying the mirror image of himself with a check.

Setting up a Wyoming LLC is smart for many business owners, especially when you want maximum privacy, flexibility, and minimal tax obligations. But once your business is running, the next big question hits: How do you pay yourself from your Wyoming LLC? Whether you are an entrepreneur, part of a partnership, or running a multi-member … Read more

The History of the Limited Liability Company: How Wyoming Pioneered the LLC in the United States

Fictional depiction of the creation of the Wyoming LLC by Wyoming lawmakers.

The Limited Liability Company (LLC) is the most popular business structure in the United States today, offering business owners a flexible and tax-efficient way to protect their personal assets. Few people realize that the LLC is a relatively recent innovation in American corporate law and that Wyoming was the first state to recognize and establish … Read more

Using a Wyoming LLC as a Holding Company: Benefits & Structure

Wyoming business mans hand holding a company, representing a Wyoming LLC holding company.

When structuring a business, many entrepreneurs and investors turn to a Wyoming LLC as a holding company. This strategy allows for increased asset protection, tax efficiency, and privacy. A Wyoming LLC holding company can own other LLCs, including those in different states, providing a flexible and secure business structure.   In this guide, we’ll explore … Read more

Understanding the Articles of Organization for a Wyoming LLC

Cartoon of an old lady teacher teaching a class on the Wyoming LLC Articles of Organization.

When forming a Wyoming LLC, the official step to formation is filing the Articles of Organization with the Wyoming Secretary of State. This document legally establishes your LLC and outlines key details about your business. Understanding what to include in your Articles of Organization ensures compliance with Wyoming law and sets a strong foundation for … Read more