A WY Series LLC must only … Name and physical address of its registered agent: (The registered agent may be an individual resident in Wyoming or a domestic or foreign business entity authorized to transact business in Wyoming.
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– Membership Information. A Wyoming Series LLC essentially permits you to create a series (or essentially a subset of LLCs) in one LLC. See 4 reasons to avoid them. This permits the debts, obligations or other liabilities of the LLC to be compartmentalized in each series. Currently, Delaware, Illinois, Iowa, Nevada, Oklahoma, Tennessee, Texas, Utah and Wisconsin are the only states that allow formation of Series LLCs. In 1977, Wyoming was the first state to adopt a limited liability company statute that permitted anyone to form an LLC. Wyoming Series LLC is a Wyoming Domestic Limited-Liability Company filed on August 17, 2018. To create a Series LLC, you will need the following: – Articles of Incorporation. Beyond just looking to form an inexpensive Series LLC, you want states that have strong laws to support them in court. The company's filing status is listed as Active and its File Number is 2018-000816815. There’s a lot of talk about Series LLCs and people are wondering if they’re a smart idea. Unfortunately, at this time Wyoming does not give business owners an option of registering a Series LLC or supporting one created by another state. – Operating Agreement. 17-25-109.)
Series LLC Series and Close LLC (You may refer to the Close Limited Liability Supplement for more information W.S. More recently, in early 2018, Wyoming passed a number of pro-blockchain laws which are more advanced than any other state. A Wyoming Series LLC can provide significant cost savings over time. The short answer is that they aren’t. The Registered Agent on file for this company is Capital Administrations LLC and is located at 1712 Pioneer Ave Ste 115, Cheyenne, WY 82001. Typically, the name of the series will have to contain the name of the Series LLC and the series’ name itself will have to be distinguishable on the state records from the names of other series and other domestic and foreign entities. However, the upfront cost may not necessarily be significantly lower. Even the documents required to form a Series LLC are fairly consistent from state to state.