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Ownership - Choices of Protection!

In my own name?

Dangerous! You are exposing all of your wealth, every asset you own any and all money you have saved, earned or invested and in community states, this includes all that is shared and or held in the name of your spouse.

Under an ASSUMED BUSINESS NAME?

Dangerous! You are exposing all of your wealth, every asset you own any and all money you have saved, earned or invested and in community states, this includes all that is shared and or held in the name of your spouse.

In a partnership?

Dangerous! As in marriage, so it goes when you form and or become part of a venture under this choice of entity! You have little, and some would argue less protection then a sole proprietor - This is deemed a marriage in business, except instead of being liable for just your own actions, you are accountable equally and or totally for those "sins" committed by your business partner or partners! - Ouch!

In a "C" Corporation

Good! But, you have the corporate tax liability of a minimum 15% on your first $50,000.00 dollars earned. Then you have the owners being taxed at their respective rates, i.e., DOUBLE TAXATION!

In an LLC

Better! But you still have to deal with partners, unless your the only owner. Taxes flow through to the individual "partners" and each partners is liable for their own filings.

In an LLP

Very Good - Especially for "hiding" ones Assets, shielding wealth and inheritances from lawsuits. If a partner is sued, only that partners proceeds from the LLP "assets" and or earnings may encumbered.

In an FLP!

Very Good Used as a final layer of asset protection - Especially for "hiding" ones Assets, shielding wealth and inheritances from lawsuits.

In an "S" Corporation

The Best

DELUXE CORPORATE PACKAGE

This is our most popular item. It includes everything you need to get your corporation started on a solid foundation. It is organized in a manner which permits you to run your corporation in accordance with the Federal and State statutes. It helps you keep your records in order in one neat concise and compliant package. Included are your corporate charter, recorded copy of approved articles of incorporation, by-laws, first meeting minutes, stock certificates, stock ledger, corporate seal, forms and instructions for obtaining Federal identification number (EIN) and electing sub-chapter "S" status. This all comes in a handsome leatherette binder with your corporate name embossed in gold on the cover. Nevada corporations will also receive a full year of our Resident Agent service. The binder is normally burgundy, but you may select black, green, or blue.

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BASIC CORPORATE PACKAGE

Our basic package provides the essentials for launching your corporation. You receive the attractive corporate charter, recorded copy of approved articles of incorporation, by-laws, first meeting minutes. Nevada corporations receive a full year of our Resident Agent service - FREE.

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RESIDENT AGENT SERVICE

The State of Nevada requires a Nevada street number and address for all Nevada corporations. If the corporation does not have any offices within Nevada then this requirement can only be satisfied by designating a resident agent within the state who can accept all legal service on behalf of the corporation.

A Nevada corporation does not have to conduct business or have meetings within the State, but it must satisfy the Resident Agent requirement. Corporate Formality provides a full first year of resident agent service for its' clients as part of its' full service commitment. Thereafter, we charge a low annual fee (currently $105).

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NEVADA BUSINESS AND OR PERSONAL BANK ACCOUNT(s)

We can establish a Nevada bank account for you subject to bank approval. A Nevada bank account is not required for your Nevada corporation, but many clients prefer to conduct their financial transactions through a Nevada facility. Please note that our fee for opening your own corporate account includes the $100 that we will deposit as your opening balance.

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FEDERAL IDENTIFICATION NUMBER (EIN)

In order to open a bank account, you must have a Federal identification number. We can prepare your application for you for a small fee. Just indicate so on the order form.

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SHIPPING FEE(s)

INSIDE THE USA
Shipping is free to any city or state of the UNITED STATES of AMERICA.

OUTSIDE
OUTSIDE the Contiguous USA will will cost those charges determined by the client's preferred shipping method and or carrier.

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RUSH ORDERS

We can obtain a next day turn-around from the state of Nevada by paying a special service charge. We deliver and retrieve your documents by messenger. The certified articles of incorporation are then faxed to you immediately. The remainder of the incorporation kit is forwarded in the normal manner. This process permits you to begin your corporate activities about two days after we receive the order. Please follow the instructions on the order form if you require rush service. There is no charge for California rush service.

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CITY or COUNTY LICENSE - Ask about our nominee (stand-in) services

We will act on your behalf and secure the appropriate license, meet locally with the authorities, conduct the interview processes and secure you business license.

  • This is only necessary if you decide to file a/any d.b.a's (doing business as) or as otherwise know as a "FICTITIOUS name statement" http://accessclarkcounty.com/clerk/ffn.htm#NRS
  • IMPORTANT STEP to Total Anonymity

  • This is where you may want to initiate your second level of PRIVACY by hiring us to stand in your place - as a NOMINEE "officer", "director or director's" "principle" "LP partner" or "managing partner" service

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THE STATE LICENSE - CORPORATE LICENSE (Recommended)

THE WAY AROUND THE city or county? Set up a CORPORATION, an LLC, LP, etc. Then only the Secretary of State will require you to purchase a "state" license once a year for about $100.00. But, this must be posted at the address, i.e., location that you indicated YOU WILL DO BUSINESS in their state.

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CITY, COUNTY & STATE LICENSE HANGING

If you plan on doing business locally in or through your newly created "entity", in the state of Nevada or in any of it's jurisdictions (city or counties), the governing authorities will require you to purchase a "business" license and this must be displayed in "plain" site for all to see "who owns" the business.

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OFFICE SERVICES

Corporate Formality now offers license hanging and mail forwarding service. Mail will be collected and packaged in its unopened state and sent to your designated forwarding address on a weekly basis. We charge a nominal $25 per month plus postage for this service, payable in six month advance increments. You must also include a $25 postage reserve which is applied to the actual postage costs. To order this service, include a fee of $175 to cover 6 months of service. You should also plan to renew prior to expiration to assure continuous and uninterrupted service. We can not forward mail if your forwarding service account balance has expired. Depending on usage, you may be required to replenish your postage reserve periodically.

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STEPS TO COMPLETING THE PROCESS - ORDER FORM

Type of Organization

Decide which entity will suit your goal(s), then pick that type of entity, Corporation, LLC, LLP, Family Limited Partnership, Business Trust, etc.

Name of Entity - Do you want it to provide ANONYMITY?

Whatever name you decide upon for your Corporation, LLC, LLP, Family Limited Partnership, etc., we would suggest that you NOT ASSOCIATE IT TO YOUR SELF!

As an example, using your last name, family members names, children's names, etc. If you are looking to for anonymity and or to remain anonymous YOU DO NOT WANT TO ASSOCIATE yourself, your new and separate "entity" to be easily TRACKED BACK TO YOU !

Try this is a very SCARY test:

This is one of the RESOURCES found in our Resources Section, where you will be amazed how much is out there on the internet, public and private, about you, your family, your assets and where they are located and or hidden!

  • Go to www.zabatools.com
  • Enter anything you wish, any detail; last name, first name, cellphone number, home telephone number, etc., about you
  • Can be your Name or One of your telephone numbers!
  • Did you notice that perhaps your sons, daughters, your mother or father were present?

List at least three names that will be acceptable to you in the order of preference. We will obtain the first name that is available. The name should include one of the following "designated words": Incorporated, Limited, LLC, Corp, Corporation, Inc., Ltd., Co., or Corp.

Number of shares

Select the number of shares in thousands and the par value. If the value of your shares (number times par value) exceeds $75,000, you will incur additional fees. Call us for a quote if that is the case. As an example, you might select 75,000 shares at $1.00 par. That amounts to $75,000 and you will not have any additional charges. If you elect no par value, $1.00 will be used for the calculation. You can increase shares and decrease par value to stay under the $75,000 threshold. We hope this isn't confusing to you, call if you have any questions.

Naming of Directors

In Nevada, you are only required to name one director, but may name more. List additional directors on a separate sheet and attach. We will use the first director as our point of contact for all correspondence. That individual must sign the order. You are free to replace or name other directors at your first and subsequent meetings. Three directors must be named in California unless the number of owners is less than three. One owner equals one director. You may name more.

Calculating the Cost

  1. Decide whether you want the
  2. Deluxe Package or the Basic Package.
  3. Select one of these, and enter the appropriate amount on the order form.
  4. Do you want us to open a Nevada bank account in your corporate name? If no, skip this line. If yes, enter the amount shown. Remember it includes $100 that will be placed in your account.
  5. If we open a bank account, we must have an EIN. If you want us to obtain one for you, enter the amount shown.
  6. Do you desire us to act as YOUR NOMINEE, "your stand-in" officer, LP, Managing partner, etc.? If, so then enter this amount on the order form
  7. Do you want us to set up a Mailbox for your corporation, then enter this fee on the order form.
  8. Do want us to obtain a City License for your new business? If, so please enter this amount on the order form.
  9. Do you desire for us to arrange your LICENSE HANGING? If so, please enter this amount on the order form.
  10. The shipping fee only applies to deliveries outside of the United States. If a foreign delivery, enter the shipping charge, otherwise, leave blank. The state of Nevada takes about three to four weeks to process applications. They will provide one day turn around service for an expediting fee. If you are in a real hurry, enter the rush order fee shown.

  11. If you would like us to receive and forward mail to you, we will do so. We will accumulate it on a weekly basis and send it First Class in a separate envelope to the address on file, unopened. To accept this service, write in the amount shown.
  12. You can have your own, dedicated (702) area code voice mail phone number. Just indicate on the order form.

Now, total all of the amounts and remit with your order. Please use a money order or cashiers check.

Personal checks will require us to delay processing your application for five working days. The state does not return any fees once an application is submitted. You may also pay by VISA, MASTERCARD, or AMEX. We accept credit card orders by FAX or Mail or through our secure server.

Be sure to sign the authorization. That's all there is to it. We will have you incorporated as fast as possible. You will receive a confirmation note from us as soon as we receive your order.

If you have any other questions or concerns please contact us

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Last Updated: Monday, 24-Mar-2008 02:04:47 EDT

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