You've convinced my to consider Wyoming. Where should I look for other compelling options? It still doesn't seem worth it to examine the laws of all 56 jurisdictions in the US ...
> It still doesn't seem worth it to examine the laws of all 56 jurisdictions in the US ...
Not sure and you're right that it isn't worth it to do that, but the simple reality is that legislatures didn't just ignore their incorporation statutes for 30 straight years while Delaware was winning the marketing game. Their fairly unique Court of Chancery isn't really useful in today's world for most organizations. There is a simple benefit in reading comprehension.
There are common attributes that jurisdictions offer for legal persons. Namely related to the privacy and protection of the natural persons that created the legal person. You make a list of the things that are important for you, and then there may be charts that show how well a jurisdiction offers a certain perk.
The next aspect comes down to competency, and this isn't easy to gauge from a chart. Most jurisdictions aren't attracting lots of foreign business and simply don't have a group of public servants that know how to do what the state legislature said was legal. So popular streamlined states like Wyoming and Delaware cut through that process of deduction really quickly. But if you do have patience then you can really leverage obscure jurisdictions.
The third aspect comes down to state priorities and psychology. Again, incorporation laws are usually made to be competitive, but states and outside jurisdictions usually aren't focused on the "incorporation industry" like Delaware and some United and micro states are. Most jurisdictions exist because someone was EXTREMELY PASSIONATE about succession/partitioning for an ideology and then maintaining stability. And then some foreigners see the power vacuum and are like "hey nice new state you have, while you're at it how about passing this LLC statute, yes its the same as Colorado's but all the directors and beneficial owners are unknown and the state doesn't levy any taxes or really ask any information at all, you'll make money from the annual incorporation fees alone." and the governor and legislature is like "uhm what yeah okay back to our extremist ideology and sugar plantation regulations", but you'll potentially be able to leverage a sovereign brand and sovereign protection for centuries before anyone really revisits the incorporation laws.
When you're ready to really get to the next level, there is a lot you can do with creating legal persons in one jurisdiction under one set of laws that own legal persons in other jurisdictions under different sets of laws. Mix and match. Lots of structures, infinite permutations possible. Many perks.
