The Close Corporation was created by an act of the Wyoming legislature especially for small corporations which have a small number of stock holders, usually having ties to one another through family relationships or friends and business partners.
Wyoming Corporations are prestigious. Wyoming is not in budget deficits like other states and we do not have to squeeze dollars out of Wyoming Corporations.
Forming a Wyoming LLC is fast and easy. You form a Incorporate in Wyoming by filing Articles of Organization with the Wyoming Secretary of State online and you’ll have a filed Wyoming LLC instantly.
If you try to file your own WY LLC, you will screw up the privacy part.