USA (Wyoming)

IN Fiduciary Services Group now also can assist its clients with structures based in the USA, State of Wyoming. Wyoming is a state in the mountain region of the western United States. It is the tenth largest state by area, the least populous state and the second least densely populated state in the country. It is regarded as one of the best jurisdictions for asset protection and trusts. It offers a high level of confidentiality and privacy and being in the USA there is no need to apply CRS and FATCA. Wyoming does not have any corporate, personal, or capital gains taxes.

We advise clients about trusts using private companies (LLC or Incorporations) as trustee. There is no register of trustees or beneficiaries. Bank accounts can be opened in a local bank, remotely.

Besides, we can assist with the creation of companies for our clients (LLC or Inc.) that can be involved in international trading transactions. Our own Wyoming company is called IN Fiduciary Services (WY) LLC. We have a virtual office in Wyoming. However, we have no Wyoming license or charter but use fully licensed operators ourselves.

When creating a trust, we can use a dedicated Wyoming Limited Liability Company (LLC) as trustee, if need be using a local full service company as a co-trustee.

Wyoming is a state in the USA which is considered one of the best jurisdictions for trusts and trust companies. We believe that Wyoming trusts are ideal for Asset Protection structures. One of the main reasons is that the USA does not participate in automatic exchange of information, BEPS, CRS and any other OECD initiatives.

Wyoming’s favoured status is a combination of low taxes, advantageous trust statutes and asset protection laws, and a state legislature that is business friendly and proactive when it comes to wealth-protection.

Wyoming’s privacy laws completely and continually protect annual filing information provided by regulated Private Trust Companies. Furthermore, the state’s corporate law is such that IN Fiduciary Services can advise on the structure both unregulated and regulated Private Trust Companies to completely shield clients’ names, assets, and other relevant details from the public.

Wyoming Tax Benefits: Wyoming imposes no state income or capital gains tax on trusts.

Additionally, Wyoming has:

  • No corporate income tax
  • No state gift tax
  • No tax on out-of-state retirement income
  • No excise tax
  • No intangibles tax

Please contact us to obtain more information on Wyoming Trust and Companies.

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