A Wyoming Close Corp is a corporation formed in Wyoming that allows shareholders a unique set of rights that make the internal workings of the corporation much like a partnership or LLC, while maintaining the limited liability protections, taxation status, and use of stock like a typical corporation. Shareholders are also responsible for maintaining tight ownership restrictions in Close Corporation, which makes it ideal for family businesses. Check this link right here yourwyomingregisteredagent.com/Wyo-Close-Corporation.html for more information on Wyoming Close Corp.
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