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Why Incorporate?

  • Its the safest way to operate your business.
  • It is the lowest cost insurance you can buy for protection of your personal assets.

You heard about the woman who spilled hot coffee on herself and then sued McDonalds, and was awarded $180,000? Maybe McDonalds can afford it, but can you? Unplanned events happen, even to good people. Not to mention that there are devious, unscrupulous individuals who "look for the/an opportunity" to levy FRIVOLOUS LAWSUITS ALL THE THE TIME!

Are you Exposed...Hmm!

Yes, you are if you do ABSOLUTELY NOTHING! One very practical and prudent strategy, these days is to utilize multiple entities (Corporation, LLC, etc.), each conducting a different form of business, and protected behind a firewall or "Corporate Veil" each entity unrelated to the next or other and shares NO LIABILITY with each other - (see the daisy chain strategy)

The NAME of this GAME!

  • Limit your liability
  • Personal assets cannot be targets for creditors. Your home, car, savings will always remain untouched if you operate under the protection of the corporate umbrella.

    Taking it one or two steps further with an LLC, behind a an LLC or a Corporation behind a Corporation , backed up by an FLP.... presenting a virtual fortress, all behind the protection of each entities "impenetrable veil(s)". Each creating an insurmountable "legal hurdle" after "legal hurdle" for any frivolous law-suitors".

  • Improve your tax standing - Lowering and Eliminating Liability
  • Numerous "tax write-offs":
  • Health Benefits
  • Office Rent
  • Home Mortgage
  • Telephone Service
  • Utilities; gas, electric, etc.
  • Car Payments
  • Car Maintenance; Oil, tires, brakes, car washes, etc.
  • Insurance; Car, Home, Renters, Business, etc.
  • Which are FULLY DEDUCTIBLE!

    There are a vast source of combinations & strategies to minimize taxes liability

    (EX: mixing salary and dividends) which are designed to minimize your tax (YOUR CORPORATE & PERSONAL) liabilities.

    This is where the power of an Sub-Chapter "S" Corporation may be the very best choice because it prevents double taxation.

  • Privacy
  • Ownership can be concealed from the peering public domain.

    The Bottom Line is all about PROTECTION!

  • Stature
  • For many of us forming a NEVADA CORPORATION, it's not the stature of presence or even the perception with which we are viewed by our peers, but merely the preservation of principle (assets - what we own, what we've worked hard to accumulated throughout our lives) which matters MOST!

    That being stated, a/the Corporate image does present a stronger PRESENCE, and improves YOUR opportunities as well as access to financial resources. (see Corporate Credit)

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  Home | About Privacy | Y Nevada | Asset Protection | Assistance | Corporate Credit | Contact | Overview | Order an LLC
| Order an Corporation | Bank Account | Ownership Choices | License Hanging | Resident AGENT | Renewals | Y Incorporate | Y CF? | Legal Tax Shelters | Compliance | Fees |
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Last Updated: Monday, 24-Mar-2008 02:51:54 EDT

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