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WYOMING COMPANY FORMATION
Wyoming Incorporation Guide (LLC/Corporation)
Incorporation Fee: USD 1,200
Seker (Cyprus) bank account opening fee: USD 400
Estimated lead time: 4-7 business days
Incorporation includes:
1. Registration of incorporation
2. Preparation and advice of necessary documents for establishment such as operating contract, certificate of equity, articles of incorporation, and first resolution of the board of directors necessary for incorporation
3. Wyoming Corporate Registration Fee
4. Wyoming Corporate Address and Postal Service
5. Wyoming corporation business contact registration service
6. Issuance of an Employer Identification Number (EIN)
Bank account opening service:
Cyprus Seker bank account: USD 400
Tennessee Bank Account: USD2,000
Florida bank account: USD 2,000 (in person required)
California bank account: USD2,000
New York bank account: USD2,000
Nevada bank account: USD2,000
Annual renewal fee: USD 1,200
Annual renewal includes:
1. Annual Report
2. Wyoming Annual Report License Tax
3. Wyoming Corporate Address and Postal Service
4. Wyoming corporation business contact registration service
Additional services (separate estimate):
1. ITIN issuance
2. Issuance of Sales Tax Registration and Resale Certificates
3. Federal Tax Return and Form 5472
4. Accounting Services
Establishment Requirements:
There must be at least one shareholder and director, and one person can concurrently serve as a shareholder and director.
No restrictions on the nationality of shareholders or directors at the time of establishment
Depending on the industry, establishment may not be possible or a license may be required, so prior confirmation is required.
Requirements and required documents for incorporation:
1. A copy of the shareholder/director's passport
2. Two types of documents for the most recent (within 3 months) address in English for shareholders/directors
- Residency in Korea: English certified copy (community center) + Scan the front/back of the driver’s license ( View sample )
- Residence in another country: Utility Bill + Bank Statement (or equivalent official document) ( View sample )
3. Fill out the application for incorporation
Procedure:
1. Submit the required documents for the shareholder/director to be registered:
2. Payment of establishment cost
3. Confirmation after confirming whether the name of the corporation is possible
4. Sign the incorporation document provided by our company and send it by international mail
5. Proceed with establishment after receiving documents
6. Incorporation within 7-10 days after receipt of documents completion
*If you wish to open an account after establishment, please contact us in advance.
