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US Wyoming DAO LLC · via Firstbase.io·🇺🇦Founder profile

Forming a Wyoming DAO LLC for Ukrainian IT Contractors

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

Ukrainian IT contractors can utilize the Wyoming DAO LLC Supplement Act to formalize decentralized operations within a recognized US legal framework. This structure allows for the integration of smart contracts into the entity's articles of organization.

Founders must manage compliance with both Wyoming state reporting requirements and Ukrainian tax obligations under the Diia City regime. Proper documentation of US-sourced income is required to maintain tax standing.

§ 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 · Ukrainian IT Contractors

What the tax authority sees

US federal / local status

Wyoming DAO LLCs are taxed as pass-through entities unless electing corporate status, with US-source income subject to federal taxation under IRC Section 871 or 881.

Home-country rule

Diia City tax regime; war-time residency displacement rules

Editorial verdict

Leverage the Wyoming DAO LLC structure to formalize smart-contract governance, but ensure your Diia City tax reporting accounts for US-sourced income to avoid double taxation.

Key compliance risks
  • 01Form 5472 and 5476 filing requirements for foreign-owned US entities carry a $25,000 penalty for non-compliance.
  • 02Potential for US-source income classification on digital asset transactions.
  • 03Complexity in aligning DAO smart-contract governance with Ukrainian tax residency documentation.
§ 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

Yes, a Wyoming DAO LLC provides limited liability protection to its members, shielding personal assets from business debts and legal claims, provided the entity maintains proper corporate formalities.
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.

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