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US Wyoming DAO LLC · via Firstbase.io·🇪🇸Founder profile

Forming a Wyoming DAO LLC for Spanish Consultants

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

The Wyoming DAO LLC Supplement Act allows decentralized autonomous organizations to register as legal entities with limited liability protection. Spanish consultants can utilize this structure to manage smart-contract governance while maintaining a US-based legal framework.

This formation process requires strict adherence to US tax filing obligations, specifically regarding foreign-owned single-member LLC reporting. Spanish tax residents must evaluate how this entity interacts with the Beckham Law regime and local autónomo requirements.

§ 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 · Spanish Nomad Consultants

What the tax authority sees

US federal / local status

Wyoming DAO LLCs are treated as pass-through entities for federal tax purposes, subject to US-source income reporting under the Wyoming DAO LLC Supplement Act.

Home-country rule

Beckham Law regime; autónomo alternative comparison

Editorial verdict

Consult a tax advisor regarding the Beckham Law regime, as US-sourced income may impact your Spanish tax residency status and social security obligations.

Key compliance risks
  • 01Form 5472 and 5476 penalty of $25,000 for non-filing
  • 02Potential double taxation if Spanish tax authorities classify the DAO as a resident entity
  • 03Smart contract vulnerability liability
§ 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. The Beckham Law (Special Tax Regime for Inbound Expatriates) is based on your personal residency status and employment contract, not the legal structure of your business entity.
Next step

Start filing with Firstbase.io · save $50.00

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