Your LLC’s Annual Filing Fees Are Outrageous!
$800 per Year in California
$350 per Year In Nevada
$500 per Year in Massachusetts
$300 per Year in
Delaware, Maryland, Tennessee, & Washington DC,
$200 per Year in North Carolina
Just To Exist!
Many Owners Of LLCs Are Looking For Solutions
And We Have Them!
To be honest, these fees do not help the growth of your business which is why aside from sitting back and paying the bill, you should Take Action!
You Can “Vote With Your Feet”
By Changing Your “Domicile” to Wyoming
If a Limited Liability Company has been established in one State and prefers to be governed by the laws of another State, it is possible to change the State of Domicile. This is a complex process that involves the “Transfer” of your existing LLC to a new jurisdiction. And this process is possible even if you are in Default or revoked status in your home State! Changing your Domicile does not mean you are forming a new LLC, what only changes is the State that Charters your LLC, changing its home. Changing your Domicile also allows you to retain the “Age” of your LLC, which is important because it helps you keep Federal Tax Identification Number, LLC bank accounts, and lines of credit.
Why Wyoming?
Did you know Wyoming created the first Limited Liability Company in the United States. All the other States copied what Wyoming created. The main reason why Wyoming is the best option is that it has laws Protecting the owners of LLCs. In addition to that, in Wyoming you aren’t required to pay any Business License Fees or Gross Receipts Tax. Owners of an LLC are also not required to be listed on a public database. And unlike other States, Wyoming will Never ask you for a List of owners, their percent owned, their date of birth, and Social Security Number.
Let’s See What This Alternative Is Going To Cost.
The continuance fee to change your Domicile by the State of Wyoming is $100, a totally reasonable fee if you ask me.
The only requirement by Wyoming are certified copies of your Original Articles of Organization. The total fee to your State of current domicile (Except Delaware) for the certified copies is around $50.00 and this is dependent on the total number of pages.
Before changing your domicile, you should have a Registered Agent in Wyoming. Our Wyoming Company, Discount Registered Agents. Inc., will fulfill that requirement for you by giving you the same Premium service Our Company has been giving other business owners for over a decade and will assist you at the same Affordable Rate of only $95.00 a year. This means our Registered Agent fee is probably lower than what’s currently being paid.
We will create your Articles of Continuance and send them to you for your signature, obtain the certified documents from the State of your current domicile, assemble everything, and file the completed package with the Wyoming Secretary of State for only $100.00.
Ok, let’s put all this together.
- The fee to the State of Wyoming for Filing your Articles of Continuance – $100.00.
- The fee to your current State of Domicile for obtaining your Certified Documents – $50.00 (except Delaware).
- The fee to us for doing all the leg work for you – $100.00.
- The fee to us for providing 1 year of Registered Agent Service – $95.00.
- For a Grand Total of $345.00.
You’re ahead, financially, the first year! And it gets even better!
One more question you should be asking yourself,
What’s the Annual Cost of Maintaining a Wyoming LLC?
Here is the really good part. You have No Other Costs until next year. Next year, you have two Annual expenses.
- We will continue to be your Registered Agent for $95.00 annually.
- If you have less than $250,000 in assets located Inside the State of Wyoming, the State of Wyoming fee for filing your Annual Report in Wyoming is $62.00 a year. That’s it!
