GetSmartPromo
Compare jurisdictions
US Wyoming DAO LLC · via Firstbase.io·🇵🇭Founder profile

Forming a Wyoming DAO LLC for Filipino Remote Workers

VerifiedJul 2026
EligibilityEligible
Setup timeline21–45days
Year-1 total$399.00

Filipino freelancers can utilize the Wyoming DAO LLC structure to formalize smart-contract-based operations. This entity type allows for decentralized governance while maintaining a legal presence in the United States.

Registration requires compliance with both Wyoming state statutes and Philippine BIR Revenue Regulation 8-2018 regarding freelance income reporting.

§ 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
$499.00
$20.79/month amortized·USD @ live FX
Time horizon
Line items
Amount
  • SetupFirstbase.io setup
    $399.00
  • PromoPromo · SMARTPROMO50
    $50.00
  • AnnualYear 2 renewal
    $150.00
Total$499.00
§ 02Tax residency · Filipino Remote Workers

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 source income is generally not subject to US federal income tax provided the entity is not ETBUS.

Home-country rule

BIR Revenue Regulation 8-2018; freelance registration

Editorial verdict

Use Firstbase.io to handle the Wyoming DAO LLC formation and registered agent requirements, but ensure you register as a freelancer with the BIR to comply with Philippine tax laws.

Key compliance risks
  • 01Form 5472 and 5476 filing requirement for foreign-owned US entities
  • 02Potential double taxation if BIR does not recognize US tax credits
  • 03Complexity of smart-contract governance legal recognition
§ 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
01FilingFirstbase.io 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. Wyoming law allows for remote formation. Firstbase.io acts as your registered agent, fulfilling the requirement for a physical address within the state.
Next step

Start filing with Firstbase.io · save $50.00

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

Promo code
Claim on Firstbase.io