Anonymous Incorporation
Protect yourself to the level you want, 100% anonymity to a fully open corporation, you choose which of our custom services best suit your needs and desires.
Are Kansas Corporation Laws similar to those of Delaware and Nevada?
Both the laws in Nevada and Kansas are modeled on the Delaware laws but both are even less restrictive than Delaware with Kansas actually being the least restrictive of the three.
The reason for Nevada's popularity as a corporate haven is simply that there were guys out there who promoted it in connection with the gaming industry.
Kansas has had the same basic corporate system since the late 1930s.
What kind of corporation will this be?
A straight for-profit corporation; sometimes called "C" Corporation.
Do you accept clients from abroad?:
Yes, of course! Except for certain countries on the US State Department banned list.
I read that if challenged a judge may imput ownership of the corporation on the most active member if it is an anonymous corp.?:
You are not listed in any publicly accessible documents of the corporation and you would have to be doing something completely illegal to generate enough interest to have any such action put before a court.
How do I open a bank account for he corporation?
An EIN or SSN is always necessary to open a USA bank account, however if the corp is structured properly, the person obtaining the bank account need not actually be a stockholder or director of the corp; merely a "caretaker" for the account.
We open managed bank accounts for our corporations and also obtain the EIN for the corporation.
Can you tell me a few advantages of Anonymous Incorporation?
If you buy domains, the Who Is only goes back to the corp name even if someone gets past privacy protection.
Anything required for the business can be expensed to the corp...need software?
The corp buys it.
Need a new computer for corp use?
The corp buys it!
Need insurance as a part of your deal with the corp?
The corp buys it with pre-tax dollars!
The corp can also own property so you can buy property through the corp and to a large extent, protect that property from any personal financial issues which you may encounter if the corp is set up properly.
You can have the corp buy a car as a car is needed to conduct corporate business.
The corp can pay for meals for clients, for business meetings and similar functions necessary for doing business.
Need to visit a client in Bermuda?
The corp can buy your airfare and lodging there as long as you conduct "some" business with someone, although it may be monkey business!
Personally need long or short term cash?
The corp can loan you money which you can repay with services and end up with a near-zero tax on the money.
Need prescriptions?
The corp can pay for them as part of your employment or contractual arrangement with the corp.
The list goes on and on!
Essentially, anything a real live person can do, the corp can do for you except that the corp is not doing it with taxed dollars and the expenses to the corp reduce the corp tax to zero if you've done it up right!
"Is what is making the corp. anon, after you set it up and then sell it to someone else? I don't know anything about this other than what I've read. Whoever sets it up originally can be traced to them, but once it's sold, and possibly sold again, no filing to be traced is required by law?":
If pressed, the Registered Agent in Kansas can simply tell the state that the corp was sold and the buyer hasn't been heard from again which will most likely be the truth!
Most guys just let the old corp die and start over the next year with a new corp and simply repeat the process.
No one is any kind of "authority" ever knows who bought the corp unless the corp does some kind of radical stuff which gets agencies with three-letter names coming after it and that sort of thing is NOT what this service is about!
In any case, the only name that the registered agent has is the name given as the buyer and the (blind) email address to which the sales document was sent, as NO personal ID is required!
It is about concealing your otherwise legal activities from prying eyes!
Like I wrote and as you have seen in this thread, there are lots of people out there who will come after you simply because they can!
This is a good method to keep your legal activities concealed from that scuzzy type!
This is one of the best benefits of this program!
Can I Obtain Even More Security And Anonymity?:
Yes, you can!
The big thing is the anonymity which the corporate structure provides and if you have read this thread, you can easily see why that can be very important!
You can even "double-dip" by setting up two corps; one of which owns the other.
You install your nominee as Director of Corp A and another nominee as Director of Corp B.
You then draft a corporate resolution in Corp A offering to buy Corp B, which offer is accepted through a corporate resolution in Corp B.
At the end of the year, the names of both directors do have to be reported to the State but that is no big deal, as no SSNs are required.
You then have Corp B contract with YOU or yet another nominee to perform work for the corp.
There are NO public records of such contracts so you are running under the radar and the owner of Corp B is reported to the State as being Corp A and so it goes like a Mobius Strip.
Or.........you can have Corp A contract with you to do work and the profits are paid to Corp B as part of the purchase price and of course, Corp B will have lots of expenses, so the money will be eaten up by those expenses and you end up owing no corporate tax on either corporation.
Yeah, it can get as convoluted as you want to make it and yet you will be entirely within the law, no one can come after you for "evading taxes' and no one knows who is doing the actual work!
Is This Program About Tax Evasion?:
No but some people use such programs for that purpose and here is an example:
Remember, this program is not so much about hiding from government as it is about operating under an essentially anonymous corporate veil such that your activities are concealed from the general public but the corporate structure can me "misused" in that manner.
OK, I'm not telling you to do this, I am merely telling you how one guy I know of "hides" from the government and the IRS using the following procedure.....
He has a couple of shell corps set up with his nominees; HIS name is not on anything connected with these corporations.
At the end of the year, the corporations show little if any profit so no one has any personal tax liability (Well, mostly and you'll see what I mean later on!)
Each corp does its own thing; one CPA, one PPC, one doing eBay, etc and all are tied together with contracts, loans, payments; the money is shuttled around between them.
This guy uses the ATM or debit cards on selected corps to withdraw money from ATMs and make purchases.
He carefully selects ATMs for lack of security camera; bars, etc, and does things like wear hats, false beards, etc when he is making large purchases or has to use an ATM where there is a security camera.
Sometimes he has other people use the cards to pull the cash so his face never appears on the security tapes.
The ATM and debit cards are in the name of the corporation with the treasurer's name on them.
He then rat holes the cash with all amounts expensed out, "covered" by apparently legitimate corporate expenses.
He makes certain that the corporate books are kept straight so that no unwanted attention is drawn to them.
Like I say, I am not recommending such a procedure but it's working for him and has been for some time.
He is very, very careful though and I expect that as long as is is careful, he will have no problems.
If he got caught, he would be liable for income tax on his rat hole but like I wrote, he is very, very careful.
What About The "Corporation Sole"?:
I can say, "STAY AWAY FROM THE CORPORATION SOLE!"
The Corporation Sole is primarily designed to insure the retention of properties owned by legitimate religious groups and is being misused for the purpose of concealing assets and if you want the IRS up your ass right out of the gate, just file a Corporation Sole!
My corporations are NOT "Corporation Sole" and are completely legitimate for-profit corporations and not even in the same ball park as the Corporation Sole.
Tell me why I might prefer an Anon/corp over a foreign Trust or a foreign corp for that matter?:
Well, money for starters!
USA incorporation is much less expensive than offshore corps or trusts.
The main thing about Anonymous Kansas incorporation is preservation of internet anonymity.
Let's say you aspire to become a porn king but for pretty obvious reasons don't want everyone and his brother to know it.
You buy a corp, sign up for your affiliate sales using the name of the corp plus the personal info of the director (If required and perfectly legal!), you then contract with the corp to do "internet consulting" (No one will ever see that contract; at least not those jerks who are after you on the net!) and the corp simply writes you, the contractor, a check periodically for your services.
You're doing your porn sales but NOT in YOUR name:)
You can run for years and no one will ever know what YOU are actually doing!
The time will also come when cracked software isn't going to do it anymore so the corp can buy the software, hardware and peripherals with PRE-TAX dollars and expense out the costs, whereas you YOU personally buy the stuff, you are paying for it with AFTER-TAX dollars, thus actually making the stuff MORE expensive to you!
When you get to the point that you are making over, let's say, $250,000.00 a year, you might consider and offshore trust or corp but remember, setting those up will cost you well over a grand to set up; usually much more and the tax issues then become really expensive to handle plus the additional costs of wire transfers, currency exchanges, etc.
The main thing about this program is that it effectively conceals your online persona and allows you to quite legally take advantage of the corporate tax structure and perks.
For the inexpensive amount that it costs you for my program, especially considering that that $1,299.00 includes one year of Registered Agent service, coupled with the corporate document packet, you cannot go wrong!
I have a question for you. I am from India and I would like to open an Anonymous Corp in USA just to get approvals from many affiliates that only allow US citizens. Now will it be possible for me as an Indian to open a bank account with the Anonymous Corp information and get paid by direct deposit and then in turn transfer the money to my local bank?:
Absolutely!
This is an integral part of our Anonymous Incorporation with USA Bank Account Program! We manage the bank account for you based on the instructions which you send us.
Will A USA Corporation Help Me Get A Green Card?
You cannot use utilize this type of incorporation for your green card. The only way to be eligible to get your green card is an H1B visa (when a company sponsors you) however, there is a way around it but it's not easy.
What the corporation CAN be used for is to APPLY for your E2 investor visa. So you can then stay in the U.S. for approx 2-5 years and is renewable.
Otherwise you can simply get an incorporation with a U.S. bank account and EIN and do your business from outside of the country.
Im reading about needing a treasurer, board, etc. Can I be the only one running the Corp? Wouldn't I then need to have my name somewhere?:
You only need one person who can actually hold all the Directors postions. I would have two, just to minimize the perception of the thing being considered as a "closely held" corporation.
Now, you have John Doe and Jane Roe as your directors; neither of whom need be you.
You then call a meeting of the board of directors which passes a corporate resolution nominating someone (Can be anyone; you or someone else!) as "Business Agent" for the corporation and the board authorizes that business agent to act on behalf of the corporation in all matters and pre-approves any and all actions of the business agent.
This corporate resolution is NOT public information, by the way, so no one knows.
Now, if you want to maintain your distance from the corp itself and be really slick about it, you would not be the Business Agent.
I mean, your cat or dog can't be the biz agent but your cousin could be or the guy down the street and then you have the business agent, whoever he/she is, contract with YOU to perform certain specified or unspecified duties for the BUSINESS AGENT and you have NO record in the corporate minutes of your name.(Remember? The Board has pre-approved any and all actions of the Business Agent!)
YOU are running things but the public does not know it.
Now as far as EINs are concerned, someone has to front for the EIN and an SSN is required, however that person incurs no personal tax liability for any taxes to which the corporation becomes subject.
Also, you do not want ANY person to own 5% or more of the stock in the corp as if they do, you have to report that level of stock ownership in your annual report, so here is what you do.
You simply offer up a stock issue of your 100,000 shares which were created at the time of incorporation.
You do up and approve a corporate resolution which prohibits the directors from voting the stock still held by the corporation.
Some person; we don't care who, picks up ONLY 4% or 4,000 shares and the corporation retains the rest but does keep that stock "up for sale".
No reporting is required but that person owns the only stock issued to any stockholder and therefore controls the majority of the voting shares issued by the corp and that person controls the corp while actually only owning a tiny percentage of the stock.
The corporation still owns 96,000 shares but can't vote them; you or your nominee shareholder who owns only 4,000 shares controls the corp because you or your nominee owns the only shares which can vote!
You are distanced from the corporation through contracts which do NOT appear anyplace in the public record and yet YOU are actually controlling and running the corporation!
As far as a corporate bank account, your name is not directly connected to the account; only that of the Bonded Corporate Treasurer.
This is done via a corporate banking resolution, in which the Corporate Treasurer is appointed by the Directors.
Now if you want to get really hard to find, you set up TWO corps, with different directors, different Resident Agents, different addresses, different business agents and contract one corp with the other and 'round and 'round we go!
For security, don't get any checks on the account; only check or debit cards and YOU keep them, using the cards to withdraw cash, do business and make purchases on behalf of the corporation.
What Are Some Advantages Of Incorporating Anonymously?
Let's say that you are a school teacher or other employee of some biz that might frown on making some money on the side doing adult affiliation.
If your school district finds out, you are done, you will lose your credentials and be working at the local Quickie Mart if they will hire you.
Your employer might fire you and put you on a blacklist.
Using a corporation, you can completely conceal your identity by using the corp as the "front" for your online earnings.
Your name is in no way directly connected with the corp as your name appears in no public records so unless you really irks one of those agencies with three letters in their name, you are virtually 100% safe.
Can You Tell Me More About The Tax Advantages Of Corporations?:
A number of members have asked me just how it is that a corporation may pay no tax, so I'll try to explain it as best I can for you.
First a corporation is treated under the law essentially just like a person except that a corporation person has very special rights.
Corporations take in money and use it to do business and are not taxed on that money until the end of the tax year when the corporation is only taxed on its profit.
If the corporation doesn't who a profit, no tax is due!
If the corporation buys, hardware, advertising, software, business lunches, pays for mileage, pays for internet services, it is doing so with pre-tax money!
If you as an individual are in the 20% tax bracket, everything that you buy as an individual actually costs you 20% more because you are paying 20% tax on every dollar that you earn and it make no difference if you show no profit at the end of the year!
A corporation pays tax only on its profits, not its gross income!
Now you as an individual may be liable for tax on monies that the corporation pays to you but you will not be using that money for hardware, software, etc, because the corporation handled all those things as expenses and ended up paying no tax on the money used to make the purchases! Basically, a corporation can do any financial thing that a person can do but can do it and pay less in tax than a person.
How Secure Are Corporate Holdings?:
The corporate owned property is generally safe from whatever actions you have to take to protect yourself!
You might also protect the corporate holdings by personally loaning the corporation operating capital and holding a lien on the furnishings, fixtures and other equipment of the corporation, thus giving you sort of first grabs.
You could even buy all of the equipment of the corporation on payments and then lease the equipment back to the corporation offering yet another level of protection.
And besides, if you personally own everything connected with your business, you could lose your stuff in a bankruptcy action anyway, just as could a corporation but the corporation offers greater protection than personal holdings.
Can Describe Your Service In A Nutshell?:
Yes and it is really far less complicated than it seems!
WE:
(1) Establish an anonymous corporation.
(2) Obtain EIN for said corporation.
(3) Set up bank account for corporation.
(4) Set up a online payment service or two or three for merchant processing.
(5) Provide you with a corporate mailing address.
(6) Provide you with a telephone number which can be used to verify the corporation.
Voila!
You then begin internet marketing through the corporation.
Works especially well for you if you are offshore and wanting to do things like CPA.
Both the laws in Nevada and Kansas are modeled on the Delaware laws but both are even less restrictive than Delaware with Kansas actually being the least restrictive of the three.
The reason for Nevada's popularity as a corporate haven is simply that there were guys out there who promoted it in connection with the gaming industry.
Kansas has had the same basic corporate system since the late 1930s.
What kind of corporation will this be?
A straight for-profit corporation; sometimes called "C" Corporation.
Do you accept clients from abroad?:
Yes, of course! Except for certain countries on the US State Department banned list.
I read that if challenged a judge may imput ownership of the corporation on the most active member if it is an anonymous corp.?:
You are not listed in any publicly accessible documents of the corporation and you would have to be doing something completely illegal to generate enough interest to have any such action put before a court.
How do I open a bank account for he corporation?
An EIN or SSN is always necessary to open a USA bank account, however if the corp is structured properly, the person obtaining the bank account need not actually be a stockholder or director of the corp; merely a "caretaker" for the account.
We open managed bank accounts for our corporations and also obtain the EIN for the corporation.
Can you tell me a few advantages of Anonymous Incorporation?
If you buy domains, the Who Is only goes back to the corp name even if someone gets past privacy protection.
Anything required for the business can be expensed to the corp...need software?
The corp buys it.
Need a new computer for corp use?
The corp buys it!
Need insurance as a part of your deal with the corp?
The corp buys it with pre-tax dollars!
The corp can also own property so you can buy property through the corp and to a large extent, protect that property from any personal financial issues which you may encounter if the corp is set up properly.
You can have the corp buy a car as a car is needed to conduct corporate business.
The corp can pay for meals for clients, for business meetings and similar functions necessary for doing business.
Need to visit a client in Bermuda?
The corp can buy your airfare and lodging there as long as you conduct "some" business with someone, although it may be monkey business!
Personally need long or short term cash?
The corp can loan you money which you can repay with services and end up with a near-zero tax on the money.
Need prescriptions?
The corp can pay for them as part of your employment or contractual arrangement with the corp.
The list goes on and on!
Essentially, anything a real live person can do, the corp can do for you except that the corp is not doing it with taxed dollars and the expenses to the corp reduce the corp tax to zero if you've done it up right!
"Is what is making the corp. anon, after you set it up and then sell it to someone else? I don't know anything about this other than what I've read. Whoever sets it up originally can be traced to them, but once it's sold, and possibly sold again, no filing to be traced is required by law?":
If pressed, the Registered Agent in Kansas can simply tell the state that the corp was sold and the buyer hasn't been heard from again which will most likely be the truth!
Most guys just let the old corp die and start over the next year with a new corp and simply repeat the process.
No one is any kind of "authority" ever knows who bought the corp unless the corp does some kind of radical stuff which gets agencies with three-letter names coming after it and that sort of thing is NOT what this service is about!
In any case, the only name that the registered agent has is the name given as the buyer and the (blind) email address to which the sales document was sent, as NO personal ID is required!
It is about concealing your otherwise legal activities from prying eyes!
Like I wrote and as you have seen in this thread, there are lots of people out there who will come after you simply because they can!
This is a good method to keep your legal activities concealed from that scuzzy type!
This is one of the best benefits of this program!
Can I Obtain Even More Security And Anonymity?:
Yes, you can!
The big thing is the anonymity which the corporate structure provides and if you have read this thread, you can easily see why that can be very important!
You can even "double-dip" by setting up two corps; one of which owns the other.
You install your nominee as Director of Corp A and another nominee as Director of Corp B.
You then draft a corporate resolution in Corp A offering to buy Corp B, which offer is accepted through a corporate resolution in Corp B.
At the end of the year, the names of both directors do have to be reported to the State but that is no big deal, as no SSNs are required.
You then have Corp B contract with YOU or yet another nominee to perform work for the corp.
There are NO public records of such contracts so you are running under the radar and the owner of Corp B is reported to the State as being Corp A and so it goes like a Mobius Strip.
Or.........you can have Corp A contract with you to do work and the profits are paid to Corp B as part of the purchase price and of course, Corp B will have lots of expenses, so the money will be eaten up by those expenses and you end up owing no corporate tax on either corporation.
Yeah, it can get as convoluted as you want to make it and yet you will be entirely within the law, no one can come after you for "evading taxes' and no one knows who is doing the actual work!
Is This Program About Tax Evasion?:
No but some people use such programs for that purpose and here is an example:
Remember, this program is not so much about hiding from government as it is about operating under an essentially anonymous corporate veil such that your activities are concealed from the general public but the corporate structure can me "misused" in that manner.
OK, I'm not telling you to do this, I am merely telling you how one guy I know of "hides" from the government and the IRS using the following procedure.....
He has a couple of shell corps set up with his nominees; HIS name is not on anything connected with these corporations.
At the end of the year, the corporations show little if any profit so no one has any personal tax liability (Well, mostly and you'll see what I mean later on!)
Each corp does its own thing; one CPA, one PPC, one doing eBay, etc and all are tied together with contracts, loans, payments; the money is shuttled around between them.
This guy uses the ATM or debit cards on selected corps to withdraw money from ATMs and make purchases.
He carefully selects ATMs for lack of security camera; bars, etc, and does things like wear hats, false beards, etc when he is making large purchases or has to use an ATM where there is a security camera.
Sometimes he has other people use the cards to pull the cash so his face never appears on the security tapes.
The ATM and debit cards are in the name of the corporation with the treasurer's name on them.
He then rat holes the cash with all amounts expensed out, "covered" by apparently legitimate corporate expenses.
He makes certain that the corporate books are kept straight so that no unwanted attention is drawn to them.
Like I say, I am not recommending such a procedure but it's working for him and has been for some time.
He is very, very careful though and I expect that as long as is is careful, he will have no problems.
If he got caught, he would be liable for income tax on his rat hole but like I wrote, he is very, very careful.
What About The "Corporation Sole"?:
I can say, "STAY AWAY FROM THE CORPORATION SOLE!"
The Corporation Sole is primarily designed to insure the retention of properties owned by legitimate religious groups and is being misused for the purpose of concealing assets and if you want the IRS up your ass right out of the gate, just file a Corporation Sole!
My corporations are NOT "Corporation Sole" and are completely legitimate for-profit corporations and not even in the same ball park as the Corporation Sole.
Tell me why I might prefer an Anon/corp over a foreign Trust or a foreign corp for that matter?:
Well, money for starters!
USA incorporation is much less expensive than offshore corps or trusts.
The main thing about Anonymous Kansas incorporation is preservation of internet anonymity.
Let's say you aspire to become a porn king but for pretty obvious reasons don't want everyone and his brother to know it.
You buy a corp, sign up for your affiliate sales using the name of the corp plus the personal info of the director (If required and perfectly legal!), you then contract with the corp to do "internet consulting" (No one will ever see that contract; at least not those jerks who are after you on the net!) and the corp simply writes you, the contractor, a check periodically for your services.
You're doing your porn sales but NOT in YOUR name:)
You can run for years and no one will ever know what YOU are actually doing!
The time will also come when cracked software isn't going to do it anymore so the corp can buy the software, hardware and peripherals with PRE-TAX dollars and expense out the costs, whereas you YOU personally buy the stuff, you are paying for it with AFTER-TAX dollars, thus actually making the stuff MORE expensive to you!
When you get to the point that you are making over, let's say, $250,000.00 a year, you might consider and offshore trust or corp but remember, setting those up will cost you well over a grand to set up; usually much more and the tax issues then become really expensive to handle plus the additional costs of wire transfers, currency exchanges, etc.
The main thing about this program is that it effectively conceals your online persona and allows you to quite legally take advantage of the corporate tax structure and perks.
For the inexpensive amount that it costs you for my program, especially considering that that $1,299.00 includes one year of Registered Agent service, coupled with the corporate document packet, you cannot go wrong!
I have a question for you. I am from India and I would like to open an Anonymous Corp in USA just to get approvals from many affiliates that only allow US citizens. Now will it be possible for me as an Indian to open a bank account with the Anonymous Corp information and get paid by direct deposit and then in turn transfer the money to my local bank?:
Absolutely!
This is an integral part of our Anonymous Incorporation with USA Bank Account Program! We manage the bank account for you based on the instructions which you send us.
Will A USA Corporation Help Me Get A Green Card?
You cannot use utilize this type of incorporation for your green card. The only way to be eligible to get your green card is an H1B visa (when a company sponsors you) however, there is a way around it but it's not easy.
What the corporation CAN be used for is to APPLY for your E2 investor visa. So you can then stay in the U.S. for approx 2-5 years and is renewable.
Otherwise you can simply get an incorporation with a U.S. bank account and EIN and do your business from outside of the country.
Im reading about needing a treasurer, board, etc. Can I be the only one running the Corp? Wouldn't I then need to have my name somewhere?:
You only need one person who can actually hold all the Directors postions. I would have two, just to minimize the perception of the thing being considered as a "closely held" corporation.
Now, you have John Doe and Jane Roe as your directors; neither of whom need be you.
You then call a meeting of the board of directors which passes a corporate resolution nominating someone (Can be anyone; you or someone else!) as "Business Agent" for the corporation and the board authorizes that business agent to act on behalf of the corporation in all matters and pre-approves any and all actions of the business agent.
This corporate resolution is NOT public information, by the way, so no one knows.
Now, if you want to maintain your distance from the corp itself and be really slick about it, you would not be the Business Agent.
I mean, your cat or dog can't be the biz agent but your cousin could be or the guy down the street and then you have the business agent, whoever he/she is, contract with YOU to perform certain specified or unspecified duties for the BUSINESS AGENT and you have NO record in the corporate minutes of your name.(Remember? The Board has pre-approved any and all actions of the Business Agent!)
YOU are running things but the public does not know it.
Now as far as EINs are concerned, someone has to front for the EIN and an SSN is required, however that person incurs no personal tax liability for any taxes to which the corporation becomes subject.
Also, you do not want ANY person to own 5% or more of the stock in the corp as if they do, you have to report that level of stock ownership in your annual report, so here is what you do.
You simply offer up a stock issue of your 100,000 shares which were created at the time of incorporation.
You do up and approve a corporate resolution which prohibits the directors from voting the stock still held by the corporation.
Some person; we don't care who, picks up ONLY 4% or 4,000 shares and the corporation retains the rest but does keep that stock "up for sale".
No reporting is required but that person owns the only stock issued to any stockholder and therefore controls the majority of the voting shares issued by the corp and that person controls the corp while actually only owning a tiny percentage of the stock.
The corporation still owns 96,000 shares but can't vote them; you or your nominee shareholder who owns only 4,000 shares controls the corp because you or your nominee owns the only shares which can vote!
You are distanced from the corporation through contracts which do NOT appear anyplace in the public record and yet YOU are actually controlling and running the corporation!
As far as a corporate bank account, your name is not directly connected to the account; only that of the Bonded Corporate Treasurer.
This is done via a corporate banking resolution, in which the Corporate Treasurer is appointed by the Directors.
Now if you want to get really hard to find, you set up TWO corps, with different directors, different Resident Agents, different addresses, different business agents and contract one corp with the other and 'round and 'round we go!
For security, don't get any checks on the account; only check or debit cards and YOU keep them, using the cards to withdraw cash, do business and make purchases on behalf of the corporation.
What Are Some Advantages Of Incorporating Anonymously?
Let's say that you are a school teacher or other employee of some biz that might frown on making some money on the side doing adult affiliation.
If your school district finds out, you are done, you will lose your credentials and be working at the local Quickie Mart if they will hire you.
Your employer might fire you and put you on a blacklist.
Using a corporation, you can completely conceal your identity by using the corp as the "front" for your online earnings.
Your name is in no way directly connected with the corp as your name appears in no public records so unless you really irks one of those agencies with three letters in their name, you are virtually 100% safe.
Can You Tell Me More About The Tax Advantages Of Corporations?:
A number of members have asked me just how it is that a corporation may pay no tax, so I'll try to explain it as best I can for you.
First a corporation is treated under the law essentially just like a person except that a corporation person has very special rights.
Corporations take in money and use it to do business and are not taxed on that money until the end of the tax year when the corporation is only taxed on its profit.
If the corporation doesn't who a profit, no tax is due!
If the corporation buys, hardware, advertising, software, business lunches, pays for mileage, pays for internet services, it is doing so with pre-tax money!
If you as an individual are in the 20% tax bracket, everything that you buy as an individual actually costs you 20% more because you are paying 20% tax on every dollar that you earn and it make no difference if you show no profit at the end of the year!
A corporation pays tax only on its profits, not its gross income!
Now you as an individual may be liable for tax on monies that the corporation pays to you but you will not be using that money for hardware, software, etc, because the corporation handled all those things as expenses and ended up paying no tax on the money used to make the purchases! Basically, a corporation can do any financial thing that a person can do but can do it and pay less in tax than a person.
How Secure Are Corporate Holdings?:
The corporate owned property is generally safe from whatever actions you have to take to protect yourself!
You might also protect the corporate holdings by personally loaning the corporation operating capital and holding a lien on the furnishings, fixtures and other equipment of the corporation, thus giving you sort of first grabs.
You could even buy all of the equipment of the corporation on payments and then lease the equipment back to the corporation offering yet another level of protection.
And besides, if you personally own everything connected with your business, you could lose your stuff in a bankruptcy action anyway, just as could a corporation but the corporation offers greater protection than personal holdings.
Can Describe Your Service In A Nutshell?:
Yes and it is really far less complicated than it seems!
WE:
(1) Establish an anonymous corporation.
(2) Obtain EIN for said corporation.
(3) Set up bank account for corporation.
(4) Set up a online payment service or two or three for merchant processing.
(5) Provide you with a corporate mailing address.
(6) Provide you with a telephone number which can be used to verify the corporation.
Voila!
You then begin internet marketing through the corporation.
Works especially well for you if you are offshore and wanting to do things like CPA.