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US Wyoming DAO LLC · via doola·🇪🇸Founder profile

Forming a Wyoming DAO LLC for Spanish Consultants

VerifiedJul 2026
EligibilityEligible
Setup timeline21–45days
Year-1 total$297.00

The Wyoming DAO LLC Supplement Act allows for the legal recognition of decentralized autonomous organizations as limited liability companies. Spanish consultants can utilize this structure to manage digital assets and smart-contract-based operations under US jurisdiction.

This formation process requires compliance with both US federal reporting obligations and Spanish tax residency requirements. Proper structuring is necessary to navigate the interaction between US pass-through taxation and the Spanish Beckham Law regime.

§ 01Cost of ownership

Model the full outlay, not just the setup fee

Renewal costs sneak up on non-resident founders. Compare year-1 filing against a 3-year total to see the real bill.
Currency · USD (live FX)
2-year cost of ownership
$594.00
$24.75/month amortized·USD @ live FX
Time horizon
Line items
Amount
  • Setupdoola setup
    $297.00
  • AnnualYear 2 renewal
    $297.00
Total$594.00
§ 02Tax residency · Spanish Nomad Consultants

What the tax authority sees

US federal / local status

Wyoming DAO LLCs are treated as pass-through entities for US federal tax purposes, meaning non-US members are generally not subject to US tax unless they are engaged in a trade or business in the US (ETBUS).

Home-country rule

Beckham Law regime; autónomo alternative comparison

Editorial verdict

Compare the Wyoming DAO LLC structure against the Spanish Beckham Law regime to determine if your foreign-sourced income qualifies for the 24% flat tax rate instead of standard IRPF brackets.

Key compliance risks
  • 01Mandatory Form 5472 and 1120 filing for foreign-owned US entities to avoid $25,000 penalties.
  • 02Potential Spanish CFC (Controlled Foreign Corporation) rules if management is deemed to be in Spain.
  • 03Smart contract vulnerabilities are not covered by traditional corporate liability protections.
§ 03Setup timeline

From filing to funded bank account

Setup timeline
21–45days total, 3 phases
Milestone check
Filing · Tax ID · Banking
d0
d11
d23
d34
d45
01Filingdoola submits formation docs
d0–d16
02Tax ID / EINIRS EIN issuance
d14–d34
03BankingBusiness account approved & funded
d27–d45
§ 04Head-to-head

US Wyoming DAO LLC vs Estonia OÜ (e-Residency)

US Wyoming DAO LLC
DAO LLC
Estonia OÜ (e-Residency)
Entity
DAO LLC
Setup cost
$102.00
$205.20
Annual
$60.00
$129.60
Local director
Remote OK
Remote OK
Physical presence
Remote OK
Remote OK
Tax regime
Wyoming DAO LLC Supplement Act (2021); federal only on US-source income; smart-contract governance recognized
20% only on distributed profit; 0% on retained earnings
§ 05Questions founders actually ask

FAQ

No. As a Spanish tax resident, you are subject to worldwide income taxation. While the LLC is a pass-through entity for US tax, Spain will likely view the income as personal income, potentially subject to IRPF or the Beckham Law regime.
Next step

Start filing with doola

Formation typically completes in 2–3 weeks. Use the promo below, then click through to begin the checklist directly on the platform.