Y0RK CORPORATION OR LLC? WHEN TO USE A WYOMING COMPANY IN NEW
109 EAST 17TH ST,
CHEYENNE WY 82001
Wyoming Registered Agent
Wyoming Mail Forwarding and
Incorporate in New York.
- New York City
- New Rochelle
- Mount Vernon
- Glens Falls
- Hudson Valley
New York is known for big
business, lawyers, fees, expenses and a general anti-business
environment for the small business person. The taxes, the
lawyers and the constant regulatory environment will not go
high taxes and a high population of lawyers, also present a
tough regulatory environment for small business. This
means too many rules, penalties, problems and additional
headaches. Taxes also tend to be higher. There
are more excuses to confiscate assets, assess fees,
corruption and unfair dealing. Although this seems to
be normal for New York City, this doesn't mean that your
assets should be left unprotected.
New York doesn't respect your property or your property rights.
They view you as a cow to be milked, fined and sued.
If you must do business in
New York, what are your options?
- Most people that are in
business know the advantages of incorporating; however, they
are parked in a corporation or LLC filed in New York.
The problem is that the corporate veil isn't very strong in
NY. What is that? The corporate veil is simply
the assertion that the company is separate from you as a
person. The company is a separate person from you as a
human. The filing of the articles of incorporation is
essentially its birth certificate. And the company can
sue and be sued just like any breathing human walking the
Earth. The corporate veil is strong when there are
certain formalities maintained such as paperwork related to
the corporation or LLC filed in NY. We all know that
NY loves its paperwork. And we all know that there's a
fine, fee, or consequence for not doing it on time, not
doing it correctly or failing to do it at all. When a
corporate veil is pierced, they lawyers can go after the
owners on a personal level to satisfy whatever liabilities
they are asserting. This means trouble.
- The solution is to
incorporate in a state where the corporate veil is respected. What if you didn't cross your T's and dot your I's? So
what? States that possess fewer lawyers, have no
income tax on business, respect property rights also respect
the corporate veil of small and large businesses alike.
Even when failing to much of the internal formalities
involving the company, the WY corporate veil holds.
- In Wyoming, the right to
bear arms is respected without a permit. If Wyoming
will respect someone to carry a gun without a permit, how do
you think they perceive your right to property?
- The US Constitution is
alive and well in Wyoming. No stop and frisk. No
search and seizure without a warrant. No piercing of
the corporate veil. The State of Wyoming doesn't look
at you as a cow to be milked. You are a human and an
American with Constitutional rights to the right to life,
liberty and property.
Where should I incorporate?
- Wyoming is the answer
for small business. Why?
- Live anywhere and
incorporate out of Wyoming.
- Bank from anywhere
using a Wyoming corporation or LLC. You can
continue to bank in NY of your choosing.
- No state income tax in
Wyoming on Corporations. NY income tax may apply
if running the company from NY. The WY corporation
or LLC will provide you the protection needed that is
unavailable using a NY company alone.
- Wyoming state filing
fees are cheap. $50 per year for annual
- Officers and Directors
possess the highest degree of protection from
- NY has nothing to say
about a WY corporate veil. They must attack the
corporate veil in WY, where your property rights are
respected. Vote with your feet and incorporate in
- Real limited
- Take the NY lawyer out
of his or her comfort zone. Make them hire someone
from Wyoming to attack the company. They will
lose when attacking the corporate veil.
More specifically in terms
- Wyoming invented the LLC
- Wyoming prohibits
foreclosure of an LLC member's interest. Books of
account cannot be ordered by a court. The protection
available in WY
isn't available in New York.
presentation here as found on LLC.bz.
- A Manager of the LLC can
restrict distributions to a creditor of a member, if the
operating agreement is properly drafted.
- To attack the corporate
veil of a Wyoming LLC, the attack must be filed in Wyoming.
The operating agreement also elects the Wyoming jurisdiction
as the venue of choice. Any internal documents, a
website, and agreement with clients also elect the Wyoming
How can a NY resident
protect assets in NY or elsewhere?
- A Wyoming corporation or
LLC may hold bank accounts, brokerage accounts, real estate,
and any other asset permissible by law.
Is privacy available?
- Yes. Privacy is
available from the public record. You remain the
contact with the IRS and the bank. The public record
doesn't see your connection to the company. We provide
you with a virtual office in Wyoming, and a contract officer
as a public face for the company. You control the
company and its assets, make all the decisions, and control
all assets as you normally do.
- You apply for the EIN and
the bank account. There are services available that
illicitly apply for the EIN for you. We don't
recommend those services because they are illegal, a
violation of the Internal Revenue Code, and they also
attract audits. Apply for the EIN yourself.
- The bank and brokerage
accounts are in the name of the company. You are the
signer on the account. The manager that we provide you
is only there to shield you from public record exposure.
Any asset that can be titled
in a company may be titled in a Wyoming corporation or Wyoming
- If you can own it and
control it in your name, you can do the same in the name of
What about real estate in
- If the real estate
generates rental income, then the WY company must be filed
How do I protect investments
- Acquire the LLC and apply
for the EIN.
- Open the account in the
name of the LLC. You're the signer on the account.
- You are the member of the
LLC and control the accounts in the name of the LLC.
- The LLC may hold savings
and checking accounts, investment account and you call the
Do I get to evade NY taxes
or City Taxes?
- No. Taxes remain the
same. The taxable earnings flow through the LLC directly
to your tax form 1040. Your tax liability doesn't
change. There's no evasion of NY or federal income
tax. The State of NY and NYC gets their money one way
Can I run an internet
business, blog or other business activity from Wyoming?
- Yes. We provide a
virtual office and corporate officer if you seek to sell
products online. We empower you to sell products
through a business run out of Wyoming. You can't run a
NY retail location out of Wyoming. But you can sell
products and services online from an additional location in
New York Secretary of State
Apostille/Certificate of Authentication
Biennial Statement FAQ’s for Corporations and LLCs
foreign corporation in New York
Business Corporation Formation
Certificates of Good Standing, etc.
Copies of Documents
EIN / Tax ID Numbers
Five Year Statement FAQ’s for Limited Liability Partnerships
Laws of New York Online
Limited Liability Company Formation
Notice of Claim and Certificate of Designation
for Service of Notice of Claim
Not-for-Profit Corporation Formation
Oath/Affirmation of State Employees and
Service of Process/Notice of Claim
State Notice/Further State Notice (pdf)
Service Mark Registration
Uniform Commercial Code Forms & Fees
Build Corporate Credit with an
Aged Shelf Corporation or Aged Shelf LLC
A BUSINESS IN THE UNITED STATES WITH A FIVE YEAR OLD SHELF
COMPANY FOR ONLY $950
BUILD CORPORATE CREDIT .
LIMITED LIABILITY . INCREASE CREDIBILITY WITH A SHELF COMPANY
Incorporate in Wyoming; Wyoming
Registered Agent, Wyoming Corporations, Wyoming LLC
INCORPORATE IN WYOMING
Shelf corporations for building corporate credit,
asset protection, liability protection, stability and effective
Wyoming virtual office services to
run your business from Wyoming.
VIRTUAL OFFICE IN WYOMING
Wyoming Corporations & Wyoming LLC's
Nevada resident agent for Nevada
corporations and Nevada LLC's. Why is Wyoming a better
Nevada Resident Agent
Nevada corporations and Nevada LLC's are a good
way to protect assets, run a business and stay compliant.
Wyoming corporations and LLC's offer the same advantages as
Nevada. The difference? Wyoming
state filing fees are less than in Nevada.
A Nevada Virtual Office for a
corporate presence in Nevada.
Nevada Virtual Office
on a Nevada virtual office, a business identity in Nevada,
executive offices, and office suites in Nevada. Now we also
offer a Wyoming Virtual Office, Wyoming Corporations and Wyoming
Wyoming LLC charging order
protection. Wyoming Registered Agent included.
section provides the exclusive
remedy by which a
person seeking to enforce a judgment against a judgment debtor,
including any judgment debtor who may be the sole member,
dissociated member or transferee, may, in the capacity of the
judgment creditor, satisfy
the judgment from
the judgment debtor's transferable interest or from the assets
of the limited liability company. Other
remedies, including foreclosure on the judgment debtor's limited
liability interest and
a court order for directions, accounts and inquiries that
the judgment debtor might have made are
not available to the judgment creditor attempting to satisfy a
judgment out of
the judgment debtor's interest in the limited liability company and
may not be ordered by the court.
Compare the Delaware LLC to the
Delaware LLC vs. Wyoming
Delaware filing state fee for the LLC is
Wyoming state filing fee for the LLC is
Delaware franchise tax is $200.Don't
forget the Franchise Tax for Delaware LLC's.
Wyoming has no
Delaware LLC is for
big business. The Chancery Court is best for those
businesses that are publicly held. Big
Wyoming is for small business. Small and
privately controlled companies are best served by a
Wyoming LLC. Small
Incorporate in Wyoming
Wyoming Corporations USA
WYOMING invented the American LLC in 1977,
as it was modeled after the 1892 German company law known as
Gesellschaft mit beschrnkter Haftung (GmbH). Nevada and
Delaware copied Wyoming's LLC and profited from it most through
Forward mail from our Wyoming
commercial office to anywhere within the USA.
Wyoming Mail Forwarding
Mail forwarding includes the postage and labor to
forward the mail in your company name. This service is only
possible when we serve as the registered agent for your company.
Wyoming Registered Agent service
is only $75 per year. We've been in business for 13 years.
Wyoming Registered Agent
All shelf corporations include
registered agent service, filed articles, resolutions,
instructions on how to file an
Employer Identification Number, and guidance on filing the
company in any other state as a foreign entity.
Delaware corporations are for big
business. Wyoming corporations and Wyoming LLC's are for
and do what's best for you.
Delaware Corporations are
for big business. The Chancery Court is best for those
businesses that are publicly held. Delaware
is best for big business. More
than 60% of Fortune 500 companies are filed in
Delaware. Why? Case law with a history over 100 years
addressing shareholder rights. Delaware is a state that
is "pro-management." Delaware has in come tax, state
franchise tax, and is more regulated. There are
Wyoming is for small
business. Small and privately controlled companies are
best served by a Wyoming Corporation. Wyoming
is best for small business.
Ownership is private. There's no income tax in
Wyoming. Your Wyoming company may need to file to do
business in another state under certain circumstances
and file taxes in your home state.
Annual fee $125 every
March 1st. This fee applies if you have up to 1500
shares at no par value.
Annual report $50 on the
anniversary month. Unlimited shares at no par value.
Delaware sells more
corporations because they have more incorporators in
that state. Delaware is best for large companies where
the stock is traded on an exchange.
only has 500,000 people in their state, and with a
handful of incorporators. The state is low key and the
residents have a great respect for property rights.
Ownership information not
reported to the state.
Ownership information not
reported to the state.
Build business credit and
corporate credit with an aged shelf corporation. Why wait
when you can acquire a five year old company for less than $999.
Shelf Companies to Build
California shelf corporations
California companies have a
horrible record of an insecure corporate veil. The
corporate veil is what protects you from the liabilities of the
company. When the corporate veil is strong, you are not
personally liable for the debts of the company. When the
corporate veil is weak and its pierced, the creditor can make
you personally liable and attach your personal assets. Anyone
who lives in California knows of the over-population of lawyers,
and the risks that they produce.
File your aged shelf company in
California and enjoy the benefits of an aged corporation.
California Shelf Company
The result is that you are able to build a
business with an out-of-state shelf company just as if the
company was originally filed to do business in California. When
you compare, both companies have the same rights and
responsibilities. Your benefit is that you pay less, leaving
more money for marketing, research, organization, or family.
California will recognize the out-of-state company just the same
as any company that was initially filed in California. Your
benefits are the same while paying much less for the total cost
of the company.
Shelf Company for Corporate Credit
California Shelf LLC
The Solution: Obtain an out-of-state shelf LLC, and file the
company in California as a foreign LLC.
Out-of-state shelf LLC's don't need to pay the California
Franchise Tax Board until the company is filed in California.
And even then, the fee isn't paid until the first anniversary
from when the out-of-state (foreign) LLC is filed in California.
Shelf Companies of Delaware Nevada Delaware Wyoming
PRIMERA, INC. 109 East 17th Street, Suite
25, Cheyenne WY 82001
Phone 307.237.2580, Fax 702.920.8824