Form a Wyoming Close Corporation. Up to 50 shareholders. No board needed.
A Close Corporation is a small-business corporation with relaxed formalities: up to 50 shareholders, no board of directors required, shareholders can manage directly. Wyoming is the most popular state for close corporations due to its statute and low cost. Useful for closely-held family businesses, small partnerships needing C-Corp tax structure, and businesses wanting corporate liability protection with LLC-like flexibility.
How we handle Wyoming Close Corporation, end-to-end.
A Close Corporation is a small-business corporation with relaxed formalities: up to 50 shareholders, no board of directors required, shareholders can manage directly.
Use case fit
Close corporation useful for: small businesses wanting corporate structure without board formalities, closely-held family corporations, S-Corp election with shareholder-management flexibility. LLC is usually simpler unless you need corporate features specifically.
Articles of Incorporation
File Articles of Incorporation electing close corporation status under Wyoming statute. Specifies up to 50 shareholders, shareholder management option, transfer restrictions on shares.
Bylaws + shareholder agreement
Shareholder agreement is the core governance document for close corporations (replaces formal board meetings). Specifies decision-making, share transfer restrictions, exits, deadlock procedures.
EIN + state tax + S-Corp election (optional)
EIN obtained. If electing S-Corp tax treatment, file Form 2553 within 75 days. Wyoming does not impose state income tax.
A clean handoff, in four steps.
You give us the basics. We handle the state, the IRS, and the compliance clock so you can focus on the business.
A name that's actually available.
Real-time check against the state register, USPTO trademark database, and matching domains.
Filed with the Secretary of State.
We submit your Articles, pay the state fee on your behalf, and return the stamped certificate.
EIN + the right tax setup.
Federal Employer ID with the IRS, plus state tax accounts when your business needs them.
Registered Agent + deadline tracking.
Your agent on file in every state, with every renewal and annual report tracked in one calendar.
Transparent wyoming close corporation pricing.
Government fees pass through at cost. No upsells.
Standard formation
Articles of Incorporation electing close corporation status, bylaws, shareholder agreement, EIN, BOI report.
Get startedWith S-Corp election
Close corp formation plus Form 2553 S-Corp tax election (filed within 75-day window). Combines close corp governance simplicity with S-Corp tax benefits.
Get startedFamily business package
Close corp formation plus coordination with estate planning attorney for family business succession planning. Common for second-generation family business handoffs.
Get startedAbout the Wyoming Close Corporation Service.
What is a close corporation?
Close corp vs. regular corp?
Close corp vs. LLC?
Why Wyoming?
Can I S-Corp a close corporation?
What about share transfer restrictions?
At a glance
- What is it
- Wyoming close corporation is a regulated business process governed by federal or state agencies. File.Business handles the paperwork, filings, and tracking for you.
- Why it matters
- Doing this correctly the first time avoids penalties, late fees, and personal liability exposure for owners.
- Who needs it
- Any US business that has triggered the relevant requirement - usually based on entity type, state, or business activity.
- When it is due
- Deadlines vary by agency and state. We track your specific dates and remind you ahead of any filing window.
- How it works
- Tell us what you need, review the prepared filing, and we submit through the agency's official channel.
- What it costs
- Pricing is shown on this page with state and federal fees disclosed separately from our service fee.
- Risks of skipping
- Penalties, administrative dissolution, loss of liability shield, blocked transactions, or audit triggers depending on the filing.
- Alternatives
- File directly with the agency yourself, hire a law firm, or use a competing service. File.Business is the fastest premium option.
Recommended add-ons
Most customers add these to keep their business compliant year-round.
Registered Agent - Year 1
RecommendedRequired in every state. We act as your legal point of contact and forward filings same-day.
EIN / Federal Tax ID
Most orderedYour business identifier for taxes, bank accounts, hiring, and 1099s. Filed same business day.
Operating Agreement (LLC) / Bylaws (Corp)
State-compliant internal governance doc. Required by most banks at account opening.
Compliance Monitoring
Best valueTrack every annual report, registered agent renewal, and license deadline across all your entities.
Premium compliance, no service-fee markup.
Trust you can verify
SOC 2 Type II audited platform. 220,000+ businesses served. 60-day money-back on service fees. State fees passed through at cost with no hidden markup. Explicit AUP on restricted industries.
A compliance partner, not a transaction
Most providers go quiet after checkout. We auto-track every annual report, registered agent renewal, and license deadline across your entities. The Business OS dashboard keeps your compliance score visible year-round.
Premium experience competitors cannot match
LegalZoom $249+, ZenBusiness $199+, Northwest $39 with hidden upsells. File.Business: $99 LLC, $99/yr RA, $19/mo Compliance Monitoring, $599 Business Complete Bundle. Premium positioning, transparent pricing, no service-fee markup on state filings.