Wyoming DAO LLC Law (Crypto & Web3)
Wyoming was the first U.S. state to legally recognize Decentralized Autonomous Organizations (DAOs) as a distinct form of Limited Liability Company (LLC), providing legal protection for crypto projects.
Laws available for this jurisdiction in plain English.
Wyoming was the first U.S. state to legally recognize Decentralized Autonomous Organizations (DAOs) as a distinct form of Limited Liability Company (LLC), providing legal protection for crypto projects.
Wyoming is considered the most tax-friendly state in the U.S. because it levies absolutely no personal income tax and no corporate income tax.