WYOMING – FIRST AN INTERNATIONAL TAX JURISDICTION, NOW A PUBLIC COMPANY ONE AS WELL

A little-known fact about Wyoming’s corporate law is that for decades, it is been a preferred jurisdiction for international tax planning. Wyoming has, hands down, the best platform for international migration and domestication of corporate entities. In recent years, however, is become one of the preferred destinations for going public.

Wellman benefits from my modern corporation law, no corporate income tax, a low annual fees—only $50 (which can be paid online) if the company has no employees in Wyoming. In addition, Wyoming corporate law has a unique provision. Unlike every other state, Wyoming corporations can choose to authorize an unlimited number of shares of stock. This provides great flexibility in capital raising.

Wyoming is certainly an attractive destination for your IPO.