OffshoreGuy

What's included

  • Wyoming Secretary of State DUNA filing: we file and pay it on your behalf
  • Articles of Association (DUNA variant under the 2024 statute)
  • Member-governed association agreement with on-chain governance reference
  • Smart Contract Disclosure (governance + treasury addresses)
  • Engagement Letter
  • First-year registered agent service
  • Sanctions screen on the order

What's NOT included

  • Year-2+ renewal ($139/yr): registered agent plus the Wyoming annual report, all in
  • Token or securities legal opinion (referral basis to crypto counsel)
  • Governance smart-contract audit (referral basis)
  • Tax filings: a DUNA is a nonprofit association, not automatically tax-exempt; it can owe tax and file returns, and that is your responsibility with a US tax professional
  • US bank account opening

We list what's not included on every product page so there are no checkout surprises.

When to choose this product

Operator-grade use case

The US-domiciled nonprofit DAO wrapper. Wyoming's 2024 Decentralized Unincorporated Nonprofit Association (DUNA) statute gives a decentralized community a legal person without shareholders: the association can sign contracts, hold a treasury, and pay tax in its own name while members keep on-chain governance and a liability wall, rather than collapsing the structure into a Delaware C-Corp. The Articles of Association reference the on-chain governance and the treasury addresses, it files through the Wyoming Secretary of State, and at $599 all-in with a $139/yr renewal it carries Wyoming's familiar registry and case-law base. This is the structure the Uniswap community adopted in 2025.

Most appropriate for protocol governance bodies and grants programs that never intend to distribute profit to members: a DAO formalizing after an unincorporated phase that wants US standing and a recognizable registry rather than a sovereign offshore statute, a treasury or working group that needs to contract with vendors and hold assets behind a liability wall, and operators who value the flat $139/yr renewal and roughly 3-business-day filing. On our DAO shelf, the Wyoming DAO LLC is the for-profit US wrapper, the Marshall Islands DAO LLC is the sovereign-statute flagship, and the Cayman Foundation Company is the institutional handshake, while the DUNA is the nonprofit lane.

Less ideal for any DAO whose members expect distributions: nonprofit means nonprofit, and if profit is meant to flow to members the for-profit Wyoming DAO LLC is the right wrapper instead. The statute is also young, so counterparty recognition is still building and you should expect to explain the structure to banks and vendors, and a DUNA is not automatically tax-exempt: it can owe tax and file returns, and that obligation is yours to handle with a US tax professional. For a large treasury and institutional counterparties such as listings, market makers, or fund investment, the Marshall Islands DAO LLC or a Cayman Foundation Company carries more weight.

KYC document checklist

What you'll need to hand us

Tier 0
Required
  • Email address
  • Country of residence
  • Intended use statement (free-text)
Tier 1
Not required
  • Government-issued photo ID (passport or national ID)
  • Proof of address (utility bill, bank statement, or government letter, dated within 90 days)
  • Source-of-funds attestation (drop-down + free text)
  • Optional: PEP and adverse-media screening consent
Tier 2
Not required
  • Everything in Tier 1
  • Beneficial owner declaration for every party with 25%+ ownership
  • Source-of-wealth documentation (tax return, employment letter, salary, asset proof)
  • Manual enhanced-due-diligence reviewer notes from our KYC partner
FAQ

Common questions

What is a DUNA and who is it for?
A Decentralized Unincorporated Nonprofit Association under Wyoming's 2024 statute. It gives a DAO legal personality, contract capacity, and member liability protection without shareholders or profit distributions. It is built for protocol governance, grants programs, and communities that are genuinely nonprofit.
DUNA, DAO LLC, or Marshall Islands DAO LLC?
Nonprofit governance with no member distributions: DUNA at $599. A for-profit US DAO wrapper: Wyoming DAO LLC at $399. The sovereign-statute flagship with the deepest DAO-specific law: Marshall Islands DAO LLC at $13,999. Mature protocols sometimes run a DUNA or foundation for governance alongside an operating entity.
Is a DUNA tax-exempt?
No, not automatically. Nonprofit means no owners and no distributions; it does not mean no taxes. A DUNA can owe US tax and file returns depending on its activity, and 501(c) recognition is a separate, demanding process. Plan with a US tax professional. General information, not tax advice.