Why are irl cos products for Wyoming LLCs?

irl cos products are for Wyoming LLCs because Wyoming is one of the most popular states in the US for forming LLCs. Wyoming is a business-friendly state with low fees and taxes.

Here are some of the benefits of forming your LLC in Wyoming:

  1. Business-friendly laws. Wyoming's laws provide strong protections for LLC owners. 
  2. Low filing fees. The Wyoming Secretary of State charges $100 (plus a $3.75 online convenience fee) to file LLC formation paperwork.
  3. Low franchise taxes. You probably won't pay more than $60 (plus a $2.25 online convenience fee) per year in franchise taxes. 

Did you know?

Wyoming is the state that invented LLCs! This relatively new kind of legal entity was created in 1977 with the Wyoming LLC Act, and from there LLCs exploded in popularity across all 50 states.