FAQ: Wyoming LLC for Digital Assets
Here’s a consolidated FAQ of the most commonly asked questions in this workspace, compiled from our chat history and the attached documents.
Wyoming LLC for Digital Assets — Frequently Asked Questions
1. What is a Wyoming LLC, and why is it ideal for digital assets?
A Wyoming LLC offers privacy (member names not public), asset protection, and flexibility for managing digital assets like cryptocurrencies and NFTs (Wyo. Stat. §§ 17-29-101 et seq.).
Start here: Digital Asset Holding Company LLC
2. How much does it cost to form a Wyoming LLC with DFO?
The fee is $4,000, but you can use HALFOFFLLC for 50% off ($2,000).
3. What is included in DFO’s LLC formation service?
Articles of Organization filing
Completed Operating Agreement prepared by Laughlin Associates
First-year registered agent with virtual mail scanning (5 scans)
EIN assistance
Onboarding with Laughlin for asset documentation, corporate veil maintenance, and meeting minutes
Dedicated year-round Laughlin specialist — (800) 648-0966
4. How long does it take to form a Wyoming LLC?
Typically 3–10 business days from payment.
5. Is it single or multi-member?
Single-member by default; members can be added later via Laughlin Associates.
6. How should I name my LLC?
Choose a generic name; avoid personal names or “crypto” for privacy.
7. How do I add or list wallets?
Once your LLC is formed, Laughlin Associates will send an onboarding link to document all assets (including wallet addresses, asset name, amount, USD value).
Questions: (800) 648-0966
8. Can I appoint my spouse or kids?
Yes. Laughlin Associates can update your LLC documents to include them in officer or manager roles.
9. How do I handle inheritance?
Laughlin Associates can assist in adding succession details to your records. We also recommend consulting an estate attorney.
10. How do I open a bank account?
Request EIN assistance from info@digitalfamilyoffice.io, then apply at mercury.com/r/digital-ascension-group-llc using your personal address (not the registered agent address).
11. Can I use the Registered Agent address for banking?
No. Use your personal address for KYC.
Registered Agent address: This address will be listed on your Articles of Organization.
12. Do you offer a virtual office?
No. All state/legal mail is scanned and emailed; no physical forwarding. You have 5 free mail scans per year for any mail that is not state/legal mail.
13. What are the annual compliance requirements?
Our $1,000 Premium Compliance covers your annual report, $60 state fee, registered agent renewal, and year-round corporate veil maintenance by Laughlin Associates.
Pay here: digitalfamilyoffice.io/item/premiumcompliance/
14. Is there an online portal?
Laughlin Associates provides onboarding tools for asset documentation and may offer document access; check with them at (800) 648-0966.
15. Where are assets held?
Digital Wealth Partners uses Anchorage Digital for custody.
16. Can I earn yield?
Yes, through Digital Wealth Partners (minimum $100K XRP or $500K in assets).
digitalwealthpartners.net/contact-us/
17. Is transferring crypto into the LLC taxable?
Potentially. Contact Rustin Diehl at rustin@allegislaw.com for tax advice.
18. Do I file a separate tax return?
No, single-member LLCs are reported on your personal return. Consult Rustin Diehl for specifics.
19. How do I dissolve the LLC?
Laughlin Associates can assist with dissolution filings and recordkeeping.
Call (800) 648-0966.
20. How do I change my LLC’s name?
Laughlin Associates can prepare the amendment and file it for you.
Call (800) 648-0966.
21. What happens if I resign?
Laughlin Associates will update your records and assist with appointing a successor member.
Call (800) 648-0966.
22. Who provides legal/tax advice?
Rustin Diehl – rustin@allegislaw.com | (801) 938-4035.
23. Who provides custody/investment help?
Digital Wealth Partners – digitalwealthpartners.net/contact-us/ | info@digitalwealthpartners.net.
24. Where do I pay for compliance?
$1,000 Premium Compliance: digitalfamilyoffice.io/item/premiumcompliance/
25. Who do I email for help?
General Support: support@digitalfamilyoffice.io
LLC Docs / Corporate Veil / Meetings: Laughlin Associates – (800) 648-0966
Professional Advice:
Consult with a legal or tax professional before making changes to ensure you're covering all bases, especially regarding estate planning, asset protection, or future business plans. Please note, neither I nor any affiliated companies provide tax, legal, or any professional guidance regarding this matter. This information is for informational purposes only.