Corporation, Wyoming LLC & Wyoming Virtual Office
WYOMING LLC & THE CHARGING ORDER PROTECTION
WYOMING VS. NEVADA CORPORATIONS
WYOMING SHELF CORPORATIONS
WYOMING VIRTUAL OFFICE
WYOMING REGISTERED AGENT
109 East 17th Street, #25,
Cheyenne WY 82001
as a foreign corporation in your home state if sales are not
approved in Wyoming.
Wyoming LLC and the Nevada LLC are known for their limited
liability, excellent charging order protection, and flexibility in
SHELF CORPORATION 8 YEARS OLD, $1995.
REQUEST LIST HERE.
WYOMING LLC & THE CHARGING
CHECK OUT THE LLC FLOWCHART
LLC= Taxation As Partnership + Limited
LLC Taxation As
“pass-through” entities for tax purposes. This means that
partnership income, deductions and other items passes through the
partnership directly to the partners. Accordingly, each partner
takes into account his or her share of partnership income,
deductions and other items in determining the partner’s individual
liability companies (LLC) have members. The ownership in the
LLC is called the “member interest.”
If a judgment is awarded against the LLC itself, it may be levied,
and LLC’s property seized or sold in payment. If, however, a
judgment is awarded against a member, to the extent that the
operating agreement so states, distribution usually cannot be
compelled to satisfy a member’s judgment debt. Creditors have to
satisfy themselves with a “charging order.” This gives them the
rights to any distributions made by the LLC to that particular
member, but little else.
> LLC's are
taxed as a corporation or as a partnership. Taxation as a
partnership is the default.
Liability Of A Corporation
When a hostile
creditor sues the corporation, normally, it can only take the assets
of the corporation. The stockholders are generally not liable for
the debts, liabilities and acts of the corporation. This is called
“limited liability.” This is very different from a partnership,
where all partners are liable jointly and severally for everything
chargeable to the partnership
liability companies have members.
The LLC has the
limited liability of a corporation.
Liability Company (LLC) Is A Hybrid Entity
The LLC offers the pass-through taxation of a partnership and the
limited liability of a corporation.
can have one or more Directors and Officers.
An LLC can
have one or more Managers.
creditor can take your stock, if he can prove that you own it.
creditor can ONLY go after a member’s economic interest in the
LLC through the courts. This is called obtaining a “charging
Once the charging
order is obtained, the hostile creditor is now first line for any
future distributions that are usually paid out to the member(s).
Wyoming Statute 17‑15‑145. Rights
order is the exclusive remedy by which a judgment creditor of the
member or transferee may satisfy a judgment against the member's
interest in a limited liability company.”
Please see your tax advisor or attorney.
WYOMING IS FOR TAX HATERS
STATES THAT SUCK
LLC? WHICH ONE?
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 better marketing.
For the LLC charging order
protection, the LLC must meet three conditions:
1. The LLC is
2. The LLC is taxed as a
3. The LLC has at least
The LLC charging order
protection allows you to set up the hostile creditor to be liable for
income not yet received. This places you in an advantageous position
for a favorable settlement. A hostile creditor doesn't want to be
liable for an income tax when the income hasn't yet been received.
To combine the LLC charging
order protection with the financial privacy of a corporation, the
following strategies can be utilized:
1. A C corporation can
serve as a Manager of the LLC
2. A C Corporation can
serve as a member of the LLC.