Companies commonly move from Delaware, Nevada, Florida, South Dakota, etc. to Wyoming. If you’re interested in why you should incorporate in Wyoming then click here, otherwise keep reading to redomicile. The benefits are clear and primarily revolve around privacy, cost and protection, the three important factors when forming a company.
Clients often face the choice of forming a new company or formally continuing their old one. A new company can be formed in 24 hours. If you keep the same name, then you may keep your old EIN. Just be sure to inform the IRS of your move. A formal move requires more work and takes longer, however it is allowed to keep its original start day. If you hire use to do the work, then you don't have to do anything. We charge $149 handling, which includes the first year of registered agent service. In future years, Wyoming charges a minimal $50 a year to file an annual report and there is no state income tax or tax return to file.
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