Filing a Legal Entity Properly

Safeguarding personal assets against the claims of creditors and lawsuits. In this vein, sole proprietors and general partners in a partnership are personally and jointly responsible for all the liabilities of a business such as loans, accounts payable, and legal judgments. In a corporation, however, stockholders, directors and officers typically are not liable for their company's debts and obligations. They are limited in liability to the amount they have invested in the corporation (eg: If $100 in stock was purchased, no more than $100 can be lost); that is, if they break the law. Corporations and Limited Liability Companies (LLC's) may also hold personal assets like houses, cars or boats. If one is personally involved in a lawsuit or bankruptcy, these assets may be protected. A creditor of the owner of a corporation or LLC cannot seize the assets of the company, however, they can seize their ownership shares in the corporation, as that is considered a personal asset.

Transferable ownership. Ownership in a corporation or LLC is easily transferable to others, either in whole or in part. Some state laws are particularly attractive to this end.

Retirement funds. Retirement funds and qualified retirement plans (like 401ks) may be set up more easily with a corporation. Corporations can also fully deduct the cost of paying its owner's health insurance. (By the way, please keep in mind that we have some of the highest paying Corporate SEP Retirement Plans & Annuities available on the market. Plus, we do corporate 401ks.)

Properly: Corporate or LLC Entities must be filed properly in their designated state, fulfilling all of their requirements. During an Audit or Legal Challenge, a Corporation or an LLC must pass scrutiny of the Judge or the Tax Commission in question, in order to have the protection afforded an authentic Corporation or an LLC. Of course, it doesn’t hurt to have the little extras supplied by in-depth articles with INDEMNIFICATION CLAUSES.

Taxation: In the United States, corporations are taxed at a lower rate than individuals. Also, they can own shares in other corporations and receive corporate dividends 80% tax-free. There are no limits on the amount of losses a corporation may carry forward to subsequent tax years.

A sole proprietorship, on the other hand, cannot claim a capital loss greater than $3,000 unless the owner has offsetting capital gains.

Raising funds through sale of stock. Capital from investors can be raised for corporations through the sale of stock.

Durability: A corporation is capable of continuing indefinitely. Its existence is not affected by the death of shareholders, directors, or officers of the corporation.

Credit rating: Regardless of an owner's personal credit scores, corporations can acquire their own credit rating, and build a separate credit history by applying for and using corporate credit. Call us for help in establishing Corporate Credit.

About Us

The staff at NBI has been incorporating since 1999. No doubt, our commitment to detail and experience, coupled with our sense of business fairness, are all key in providing you with outstanding value and service for your dollar.

With that said, we are one of the larger Registered Agents, featuring the very best rates to incorporate businesses. Tailored to fit your needs, we offer four well priced plans to incorporate your entity.

No matter what plan or service you choose, our prices are the best and will remain unmatched. It is our standard of excellence and commitment to you the client.

To Begin Creating Your Corporation Or LLC Email The Following Information:

1.) Your Proposed Entity Name.

2.) Type Of Business.

3.) List The First Board of Directors, Naming The President, Secretary And Treasurer (LLC: Members or Managers).

4.) The state of your filing.

Use your Visa, Master, Discover, Bank, or American Express with Paypal

Don't want to use Paypal? Call, and we'll use our secure virtual terminal and take your credit card info on the phone. Toll Free 877-541-3039

E-Mail daystar22@aol.com

Note: If you don't use your credit card, money orders are faster for filing the entire incorporation process. So, to expedite a Corporation or LLC formation, send a money order or a cashiers check.

Make Checks & Money Orders Payable To:

NBI

564 Wedge Lane
Fernley, NV 89408
(775) 575-5556

(877) 541-3039 Toll Free

You Can Reach Us During Business
Hours 7 Days A Week, And Monday Thru Friday 9:00 A.M. to 9:00 P.M. Pacific Time.

E-Mail daystar22@aol.com