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A Reuters report described Wyoming Corporate Services as an example of a vendor of shelf companies, which were literally stored in mailboxes labelled as "corporate suites" in the main room of a 1,700-square-foot (160 m 2) brick house a few blocks from the Wyoming State Capitol. Over 700 companies were available at prices depending on their age ...
The mineral extraction industry, including oil and gas, is the main driver of the Wyoming economy, accounting for more than three-fifths of the state's revenues. [ 1 ] [ 2 ] Travel and tourism is the second-largest sector in the state, providing $3.3 billion to the state's economy, with $170 million in tax revenues in 2015, along with 32,000 ...
The first state to enact a law authorizing the creation of limited liability companies was Wyoming in 1977. [13] The law was a project of the Hamilton Brothers Oil Company , which sought to organize its business in the United States with liability and tax advantages similar to those it had obtained in Panama .
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Bairoil, Wyoming became a company town supported by Amoco; Jeffrey City, Wyoming was built in 1957 to house employees of nearby Western Nuclear uranium mining and milling operations. Other uranium mining companies built housing adjacent to the town to take advantage of its location and infrastructure. The townsite was sold off in an auction in ...
A low-profit limited liability company (L3C) is a legal form of business entity in the United States. [1] Commonly referred to as a hybrid structure, it has characteristics of both for-profit and non-profit entities. [1]
Wyoming has long positioned itself as the friendliest state toward the crypto industry—not unlike Delaware's attitude toward corporations—and the new law is the latest in a series of measures ...