Incorporation

Incorporate your crypto startup in Wyoming

Explore Wyoming DAO LLC, UNA or DUNA for your crypto project.
Explore Wyoming DAO LLC, UNA or DUNA for your crypto project.
Wyoming UNA
Wyoming DAO LLC
from $1,000
Wyoming DUNA
100+ international and US teams launched their startups with the help of our team

Wyoming Crypto Entities

Wyoming DAO LLC
Wyoming UNA
Wyoming DUNA
Formation Requirements
Requires filing Articles of Organization with Wyoming Secretary of State, designating it as a DAO LLC
No state filing required
Legal Status
Recognized as a legal entity with LLC status
Recognized as a legal entity 

without corporate status
Liability Protection
Stronger LLC-style liability protection for members
Limited liability for members similar 

to other nonprofit associations
Tax Treatment
Typically, subject to pass-through taxation, with income taxed at the member level
Typically, taxed as an unincorporated
nonprofit association (UNA)
Profit Distribution
Allowed
Not allowed
Governance & 

Decision Making
Governed on-chain
(via smart contracts) or
off-chain (via traditional LLC mechanisms), as must be disclosed in the Articles of Organization
Governed by members via agreed-upon mechanisms (e.g., token voting or traditional governance boards)
Requires blockchain-based governance and a consensus algorithm to validate decisions
Minimum Members 

Requirement
No statutory minimum
At least 2 members
At least 100 members
Best Use Cases
For-profit DAOs, decentralized finance (DeFi) projects, investmentDAOs
Small to mid-sized DAO driven nonprofit organizations, community groups
Open-source projects,decentralized nonprofit initiatives, DAO-driven public goods, social impactorganizations
Skala does not provide tax, legal, or accounting advice. This table has been prepared for informational purposes only, and is not intended to provide, and should not be relied on for, tax, legal, or accounting advice. You should consult your own tax, legal, and accounting advisors.
Skala does not provide tax, legal, or accounting advice. This table has been prepared for informational purposes only, and is not intended to provide, and should not be relied on for, tax, legal, or accounting advice. You should consult your own tax, legal, and accounting advisors.

Approximate Formation Timeline

Onboarding
Fill out the questionnaire with the company details: name, contact details, management, etc.
Day 1
Incorporation
We’ll file the company’s Certificate of Incorporation using the expedited processing service.
Day 2
Corporate Documents
We’ll upload corporate documents to the company dashboard.
Day 6
CTA
We’ll file the mandatory Beneficial Ownership Information Report for you.
Day 6
EIN
We’ll upload the Employer Identification Number to the company dashboard.
Day 7
Bank Account
Get pre-filled applications for Mercury, Wise, and Brex. We’ll email your credentials once the account is set up.
Day 8

Pricing

Wyoming DAO LLC
$1000
/ Company
Get started
What’s Included
DAO LLC Articles of Organization
DAO LLC Operating Agreement
Wyoming DAO Statement
Wyoming expedited processing fee
1-year registered agent fee ($200)
Other government and state fees
Same-day Certificate of Incorporation filing
Expedited EIN
Bank account application
Free Extras
FinCEN BOI compliance report
1-year mailing address ($250)
1-hour consultation (legal or accounting)
Wyoming UNA
Custom Pricing
Contact us
What’s Included
UNA Declaration
Operating Agreement
1-year registered agent fee ($200)
Expedited EIN
Free Extras
FinCEN BOI compliance report
1-year mailing address ($250)
1-hour consultation (legal or accounting)
Wyoming DUNA
Custom Pricing
Contact us
What’s Included
Wyoming DUNA Statement of Intent
Operating Agreement
1-year registered agent fee ($200)
Expedited EIN
Free Extras
FinCEN BOI compliance report
1-year mailing address ($250)
1-hour consultation (legal or accounting)

Featured Posts

FAQ

What are the annual maintenance costs?

The annual maintenance costs may vary depending on your particular business operations. However, the usual annual cost breakdown is as follows:

  • $250 US Mailing Address
  • $200 Registered Agent Services
  • ~$1,500 Accountant & Bookkeeping Services
  • $0 - $800 State Taxes
  • 21% Federal Corporate Income Tax
Which documents will I get?

(1) Certificate of Incorporation — a document filed with the State of Delaware that evidences the formation of your C-corporation.

(2) Bylaws — the internal governing document for your C-corporation, which outlines the powers and duties of the stockholders, directors, and officers.

(3) Initial Board Resolutions — the document commonly used for initial stock distribution, officer election, and setting up the company's operations.

(4) Founder Stock Purchase Agreement — an agreement under which the founder assigns his intellectual property to the company in exchange for the company’s shares. Comes in two versions – with or without vesting.

(5) Proprietary Information and Invention Assignment Agreement — an agreement by which founders, employees, advisors, and others assign to the company the intellectual property and other proprietary rights they create while performing work for the company.

(6) Capitalization Table — a spreadsheet that lists all stockholders of the company, the number of shares they hold, and their ownership percentages.

(7) Statement of Incorporator — a document that appoints the initial directors of the C-corporation.

(8) EIN Notice — an official letter from the IRS assigning your company an Employer Identification Number.

(9) Beneficial Ownership Information Report — a document required by the Corporate Transparency Act that identifies the individuals who own or control a company, helping to prevent money laundering and other illicit activities.

Do I need to visit the US to set up a company?

No, the company formation and bank account opening process can be completed entirely online by citizens or residents of any country, except those permanently residing in sanctioned jurisdictions.

Can one person hold all positions in a company?

Yes, one person can hold all the positions in the company. This person can even make an agreement between the company and himself as an individual.

Which banks are included in the Hassle-Free Option?

We’ll help you file a bank account application with Mercury, Brex, Relay, and Wise.