Hi, I'm looking into Close Corporations. What are the benefits and drawbacks of a Wyoming Close Corporation compared to an LLC?

Bankruptcy and Debt 2 views 1 answers
I am a solopreneur marketing consultant who occasionally uses contractors such as graphic designers and virtual assistants to complete client projects.

Attorney Answer

1
Robert Cornish ·
If you are physically in WY and conduct business in WY, it may well pay to incorporate there. But unless your business is quite complex or you have specific needs that would make WY law attractive, you should likely just incorporate in your home state.
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