An explosion of LLCs: the Wyoming angle cont’d
Over a decade ago, Wyoming adopted reforms that changed everything. Shortly after, Wyoming LLCs started becoming well-known outside the US.
Over a decade ago, Wyoming adopted reforms that changed everything. Shortly after, Wyoming LLCs started becoming well-known outside the US.
This article breaks down the insights revealed from the recent OpenCorporates webinar on US branch data, with OpenCorporates founder Chris Taggart, VP of Data Nick Wright, and data journalist Anna Muñoz Padrós.
What’s behind Wyoming’s spectacular rise as a jurisdiction of choice for LLCs?
Wyoming’s spectacular rise to overtake Delaware in per-capita company incorporations has been powered by what has fast become the dominant legal form in the US, the LLC, a form of limited partnership.
A massive growth in incorporations of LLCs in Wyoming over the past five years has caused it to overtake the historic leader in incorporations, Delaware, according to a new detailed analysis of US company incorporations by OpenCorporates.