Wyoming Articles of Incorporation
Wyoming articles of incorporation are filed to create a corporation.
Preparing and filing your articles of incorporation is the first step in starting your business corporation. Approval of this document secures your corporate name and creates the legal entity of the corporation. Only after this approval can the corporation apply for tax IDs, obtain business licenses, sign contracts, and otherwise conduct business.
Benefits
Incorporating provides many important benefits:
- Limits the liability of directors, officers, and shareholders
- Fulfills statutory requirements to register your business name
- Provides governance and adds credibility
Fast Facts
For Domestic Corporations:
Agency: | Wyoming Secretary of State - Business Division |
Form: | |
Filing Method: | Mail or online. |
Agency Fee: | $100 |
Turnaround: | ~3-5 business days. No expedite service. |
Law: | |
Notes: |
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For Domestic Close Corporations:
Agency: | Wyoming Secretary of State - Business Division |
Form: | |
Filing Method: | Mail or online. |
Agency Fee: | $100 |
Other Helpful Wyoming Facts
As you are preparing to incorporate, keep in mind the following requirements specific to Wyoming.
Wyoming Directors
- Number: One or more required.
- Qualifications: None.
- Quorum: Majority of directors, unless bylaws or articles of incorporations fix a different number. No less than one third.
Wyoming Officers
- As stated in the bylaws, but a minimum of one. One person may hold multiple offices. One officer is required to be responsible for maintaining corporate records.
Wyoming Bylaws
- Required: Yes.
Wyoming Annual Shareholder Meeting
- Required: Yes.
- Action by written consent: Allowed if by all shareholders entitled to vote on the action. Articles of incorporation may provide if enough shareholders consent to equal the number required to take action by vote.
Wyoming Shareholders
- Qualifications: N/A
- Stock Certificate: Not required.
- Voting Trusts Allowed: Yes.