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.
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December 18, 2024
Over a decade ago, Wyoming adopted reforms that changed everything. Shortly after, Wyoming LLCs started becoming well-known outside the US.
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.