North America Common Law
Cost conscious holdco and IP founders, Wyoming (USA)
Wyoming has 0% state corporate and personal income tax, no franchise tax, and Wyoming Secretary of State annual fees start at $60. It's the cheapest US holdco wrapper if you don't need VC recognition.
0% state tax$60 annual reportNo franchise tax
Start setup {placement} 4 min · no card required
Corp tax
21%
Fastest setup
5 days
Tax treaties
68
Region
North America
What you'll need
- No resident director required
- Remote-friendly, no local office
- No substance requirement
- Minimum capital: No minimum capital
- Administrative language: English
- Legal system: Common law
Tax and treaty profile
- Corporate tax 21%
- Tax treaties 68
- VAT rate 0%
- Withholding on dividends 30%
Key treaty partners
UKCanadaGermanyFranceJapanAustralia
Banking and payments
- Banking is straightforward
- Stripe supported
- Mercury supported
- Wise supported
- Crypto banking available
- EMI license framework available
Considerations
If you plan to raise institutional VC
Most US VCs require a Delaware C-corp, and Wyoming entities almost always need to flip before Series A. The flip itself is straightforward but creates timing and tax friction.
Delaware flip neededVC term sheet frictionPre Series A only