Wyoming C -Corp Startup Business. Only got limited corporate filing completed. Over the brief course of our collaboration, we verbally agreement to build this business together, with the intention of formalizing our partnership through a shareholders' agreement that never happened. With... View More
A Wyoming attorney could advise best, but your question remains open for two weeks. It looks like your matter also involves elements of a business formation, and there are attorneys on the forum who have insight there. You could add the category to your post. But based on your description, it seems...View More
In Wyoming, the relevant section of law for matters related to corporations, including the signing of a board of directors' resolution, can be found in the Wyoming Business Corporation Act (W.S. 17-16). This statute outlines the various aspects of corporate governance, including the duties and...View More
I am from the UK and looking to setup a US business. I've decided that taxation as a C-Corp is best as I am looking to build capital and retain profits in the company so a pass-through entity is not ideal. I understand that as a C-Corp, things are more formal and decisions require minuted... View More
For tax there is no difference. For state business compliance issues a Corporation has slightly more things that have to be done to maintain the corporate veil. Annual meetings are required where an LLC can waive them you have to set a par value for shares and report the number of shares issued...View More
If the shop requires it then your only option is to look for another shop.
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