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The Open-Source Handbook

We are publishing a 50,000-word non-resident US LLC handbook on GitHub. MIT licensed. Anyone can fork it, translate it, build on top of it. Here is what is in it, why we are giving it away, and the math we ran on the bet.

Answer

We are open-sourcing a 50,000-word handbook covering Wyoming LLC formation, EIN application, Mercury/Relay/Wise banking, Form 5472 compliance, country-by-country tax treaty notes, and operating playbooks for 20+ business types. MIT licensed. Free to fork and translate. Releasing on GitHub Q4 2026. The bet: open-source content attracts backlinks, builds trust, and converts a small fraction of readers into paying customers at higher CAC efficiency than paid marketing.

By Zawwad, Founder & CEO, WyomingLLC by Topslice LLC.

Last updated May 20, 2026

What is in the handbook

  • Chapter 1: When to form a US LLC (and when not to)
  • Chapter 2: Choosing the right state (Wyoming, Delaware, Nevada, New Mexico)
  • Chapters 3-5: Formation, EIN, registered agent mechanics
  • Chapters 6-9: Banking by country profile (Mercury, Relay, Wise, Brex)
  • Chapters 10-12: Stripe, Mercury, Wise application playbooks
  • Chapters 13-15: Form 5472 + 1120, FBAR, BOI, state tax
  • Chapters 16-25: Country-specific guides (10 major founder countries)
  • Chapters 26-30: Use case operating stacks (SaaS, agency, e-commerce, content, freelance)

Why open source

Three reasons. (1) Content marketing leverage: open-source content gets linked from forums, blogs, Reddit at high rates. Our analytics show 8-12x higher backlink rate on open content vs gated. (2) Trust signal: giving away $50K worth of content signals confidence in our paid product. (3) Translation accelerator: community can translate into Spanish, Portuguese, Bengali, Hindi much faster than we can.

MIT license: what it allows

MIT is one of the most permissive open-source licenses. Anyone can fork, modify, translate, republish, even commercially. They must keep our attribution. We retain copyright but grant broad usage rights. Some founders will use the handbook to start competing LLC services. That is fine. The market is large.

How this converts to revenue

Estimated conversion rate from handbook reader to WyomingLLC customer: 0.5-1%. With 10K-30K reads/month projected (based on similar open-source content marketing case studies), that is 50-300 customers/month attributable to the handbook. At $297 each, $15K-$90K monthly revenue potential. Even at low end, the handbook pays back its production cost (~$5K in our time) within months.

Production timeline

Writing: 200 hours across 3 months. Editing: 40 hours. Open-source repo setup: 10 hours. Total: 250 hours team time. Release: Q4 2026. We will update quarterly as IRS rules and bank policies change.

Frequently asked questions

Will competitors use this handbook to undercut you?
Some might. We accept that. The handbook builds trust and brand association. Competitors using it as their content base actually drives links back to us (the original source).
Where will the handbook live?
GitHub at github.com/wyomingllc/handbook (placeholder). Also published as a web book at handbook.wyomingllc.xyz.
Can I translate it?
Yes please. We will accept community translation PRs. Plan to highlight contributors in the handbook acknowledgments.
Will it cover Delaware C-Corp formation?
Lightly. The handbook focuses on non-resident LLC formation. Delaware C-Corp is briefly covered but Stripe Atlas Delaware playbook is referenced rather than duplicated.

Form your Wyoming LLC in 24 hours.

$297 + state fee. EIN, registered agent (1 year), and Mercury/Relay/Wise bank introductions included.