Register a Foreign Corporation in Wyoming
Wyoming is considered by entrepreneurs and businesses as a state with promising opportunities thanks to its business friendly tax climate. Sometimes, businesses choose to register a Wyoming foreign corporation to take advantage of the tax climate and sometimes it is cost saving and practical to form a foreign corporation rather than incorporate.
Once a decision has been taken to form a foreign corporation, you can hire a reputable Wyoming registered agent to help you with the entire process of registration. There are several aspects to consider and a variety of documents are required to be filed with the Wyoming secretary of state for foreign corporation registration. Here is an insight into what documents are required and how the process works.
Are you looking to form a foreign corporation in Wyoming?
Request certificate of good standing from home state
One of the important requirements towards Wyoming foreign corporation registration is submission of an original certificate of good standing also known as certificate of existence. You can request or apply for this certificate from the home or the original state of incorporation. As a reputable Wyoming registered agent with presence in all 50 states, we at IncParadise can help you get the certificate from your home state.
Note: The certificate of good standing has to be submitted along with the foreign entity registration documents.
File a Corporation Application for Certificate of Authority
The most important step towards forming a Wyoming foreign corporation is to apply for a certificate of authority pursuant to WY Stat § 17-16-1503 (2014) as it will enable an entity to transact business in the state. You will have to download, complete, and submit the Wyoming foreign corporation registration form also known as Foreign Profit Corporation-Application for Certificate of Authority with the office of the Wyoming Secretary of State.
The application for Certificate of Authority for a Wyoming foreign corporation shall include the following information:
- Name of the foreign corporation in compliance with WY Stat § 17-16-1506 (2013)
- The state or jurisdiction under which the business has been incorporated
- The date of incorporation and duration or period like 2 years
- The physical address of the entities principal office
- The address of the corporations registered office in Wyoming
- The name of its Wyoming registered agent at the registered office
- The names as well as business addresses of its serving directors or officers
It is important to note that the application needs to be submitted with a statement that the said corporation has accepted the constitution of the state and is in compliance with the requirements specified in article 10, section 5 of the Wyoming constitution.
You will also be required to submit one originally signed Certificate of Authority application and one originally signed Consent to Appointment by Registered Agent form along with a filing fee of $100. The application has to be submitted with the office of Wyoming secretary of state for foreign corporation registration.
File your documents
A business corporation that has been incorporated outside the state of Wyoming is considered as a foreign entity and hence in order to transact business in the state, you have to apply for foreign qualification. You will be required to file documents as specified by the Wyoming secretary of state for a foreign corporation.
If you are a foreign corporation doing business in Wyoming or planning to do business then the process for foreign registration along with compliances to be maintained, can be quite exhaustive. We as one of the reputable Wyoming registered agents can help you with the entire process of foreign entity registration. We can provide assistance towards filing your required documents with Wyoming SOS so that you are able to form your foreign corporation in the state effortlessly.