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A shell corporation is a company that is incorporated but has no significant assets or operations. These corporations may be formed as an alternative venture financing mechanism. Shell company financing works in two ways. In many cases, the shell corporation is created from scratch. The purpose of these shells is to raise money and to get a number of shares outstanding into the public’s hands. In
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Buying Your Tax Haven CorporationBy William CatePublished March 1998[http://home.earthlink.net/~beowulfinvestments/] [http://home.earthlink.net/~beowulfinvestments/globalvillageinvestmentclubwelcome/]Your purpose in buying your tax haven corporation determines yourincorporation and maintenance costs. You can buy a new car, without anengine. It'll cost less than a new car that works to your satisfaction.The most common reason that Americans buy a tax haven corporationis to impress people. They want to park their new engineless car in
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Incorporation help is at your top priority. There are a number of things that you can do to find the information about this situation. You could take the time to hire an attorney, pay the fees for him and the incorporation itself and then wait around until he takes care of it. Or, you can find the companies on the web that can help you handle it yourself. There are
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This article provides useful, detailed information about Incorporate Yourself. At the superficial level, incorporating a business is easy. It includes filing articles of incorporation with the Secretary of State where one is incorporating. However, there are lots of issues that need to be resolved before the process is complete like deciding the type of corporation and the state where
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-"Why should I incorporate? I can just do this business as a sole proprietor, right?" -"Isn't it complicated and expensive to form a corporation?" -"I run my business with my spouse, and we have a partnership. Why would we need to have a corporation?" These have to be the most frequently asked questions that I--and my own financial and legal advisors--get from our clients. The vast majority of
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