A S S E T P R O F I L E . C O M

WYOMING SHELF COMPANIES  .  WYOMING SHELF LLC'S  . 

BUILD CORPORATE CREDIT  .  LIMITED LIABILITY

(307) 237.2580

 

ENHANCE YOUR BUSINESS PLAN WITH A SHELF CORPORATION OR LLC FROM WYOMING OR NEW MEXICO.

$1995 for an eight year old shelf company for a limited time.  Ask for the list here

HOME CALIFORNIA SHELF COMPANIES AND CALIFORNIA SECRETARY OF STATE INFORMATION

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WARNING ON CALIFORNIA CORPORATIONS & CALIFORNIA LLC'S

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Why not obtain a shelf company made in California?

1.  California collects information on stockholders on the state or local level (business license).  A change of ownership usually translates into resetting the age of the company to "new company" status-- even though it may be several years old.  Bankers consider companies as "new" when the stockholders change.  As for states such as Montana, Wyoming and New Mexico; stockholder info is not collected.  Therefore, the transfer of ownership is not transparent on the public record.  When you file the company in NY, you are considered the first owner of the company and the age of the shelf company is retained.

2.  Your state probably collects info such as SSN and Date of Birth.  Therefore, buying a shelf company filed in California is not a good idea.  Instead, buy a company in Montana, Wyoming or New Mexico, and then file the company in California as a foreign corporation.

3.  File the shelf company in the state of California as a foreign corporation, file the county and municipal business licenses.  We'll update the shelf company Director and Officers according to your specified instructions.  The bank will be glad to see that the MT Secretary of State and the NY Secretary of State information matches.  Banks like to see consistency in information across reporting platforms and compliance. 

Why are Montana shelf companies best to file in California?

Banks and financial institutions are aware that shelf companies are commonly purchased from Wyoming, Nevada and Delaware.  As a result, they are more so hesitant to lend to companies from those three states.  Montana isn't known as a state that produces shelf companies.  In fact, you probably don't know anyone who has ever incorporated in Montana.  That's great!  For this reason, Montana shelf companies are a superior choice when building business credit.  Simply file the MT company in NY, and you're ready to build that strong foundation for your small business.

What's a foreign company?  How does that vary from a domestic company?

In whatever state you live in, a company filed in that same state is considered a domestic corporation.  A corporation filed in any other state is a foreign corporation.  For example, a Wyoming corporation is domestic to the state of Wyoming.  But it's considered a foreign corporation in any other state.  Likewise, a California corporation is domestic to the state of California.  But a company filed in Delaware, Wyoming or other state is considered foreign to California.

Knowing the above, doing business in your state may require a "foreign filing" if the company was initially filed in another state.


How to Register a Corporation or LLC in a State

 

CALIFORNIA

 

This manual does not tell you how to FORM a corporation or LLC,

 but HOW TO REGISTER your corporation or LLC.

Understand the Process of Qualifying as a Foreign Corporation in California

If your Corporation or LLC is from another state, it will be considered a Foreign Corporation or LLC.

 

A foreign corporation is an existing corporation that is registered to do business in a state jurisdiction other than the one where it was originally incorporated.

A domestic corporation is one that is registered in the same state of original incorporation.

Things You’ll Need:

  • Filing fees – checks or money orders
  • Computer with Internet access and printer to download forms
  • Certain required documentation (letter of good standing from the state in which the company was initially filed) and completed forms

Step 1: Is your entity name already in use?

Check to see if the name of the Corporation or LLC you are wanting to register is already in use. If your entity name is already taken, you may need to modify your entity name slightly to register in that state.

To check names in California:

http://www.sos.ca.gov/business/corp/corp_naav.htm   Corporation

http://www.sos.ca.gov/business/llc/llc_naav.htm LLC

 

Step 2: Complete Application Form


Obtain an application from the state's department of commerce. The application will be called something like, "Application for Authority to Conduct Affairs" or “Registering a Corporation or LLC”. Often, you can download this from your state's official
Web site.

All California registration Forms are located here:

http://www.sos.ca.gov/business/bpd_forms.htm

Some specific forms and filing fees are listed here for your convenience:

Statement and Designation of Foreign Stock Corporation - $100

http://www.sos.ca.gov/business/corp/pdf/foreign/corp-s&dcgen.pdf

 

LLC Articles of Organization Domestic - $70

http://www.sos.ca.gov/business/llc/forms/llc-1.pdf

 

LLC Registration Foreign - $70

http://www.sos.ca.gov/business/llc/forms/llc-5.pdf

 

Step 3: Certificate of Good Standing for Foreign Entities                                                                                                                                  

If your corporation or LLC is domestic (same state), you can skip this step.           

If you are a foreign organization, go to the secretary of state in the state where you are incorporated, and get a Certificate of Good Standing. This must be attached to the application form.

For foreign entities wishing to register in California, the certificate must be dated within 6 months of the time of filing.

Step 4: File Application, Fee, and Return Envelope with Department of Commerce

File your application and fee with state's department of commerce. Know that nonprofit corporations may qualify for reduced filing fees.

For California, you may hand deliver for over the counter processing to one of the regional offices (Sacramento, LA, San Francisco, Fresno, San Diego) from 8 am - 4:30 pm. Call 916-657-5448 for complete current addresses. If a document is hand delivered there is an additional $15 counter fee and must be remitted separately. All offices accept checks or money orders made out to California Secretary of State.

 The main office at the capitol is:

Business Entities Section (For hand deliveries)1500 11th St – 3rd Floor, Sacramento, CA 95814, 916-657-5448

Mailing Address:

Document Filling Support  Unit, PO 944260, Sacramento, CA 94424-2600                                                                                                                  

To facilitate the processing of documents sent to Sacramento, please attached a self addressed envelope and a letter referencing the corporate name as well as your name, return address, and phone should also be submitted.

California Taxes

Step 1:
Know that, since you are choosing to take advantage of all the rights and amenities of the state in which you are operating as a foreign corporation, you will be obligated to contribute to the health and wealth of that state. This
may mean filing taxes and paying other fees within that state.

All California tax forms : http://www.ftb.ca.gov/forms/index.shtml

Corporations

Corporations that organize in California, register in California, conduct business in California, or receive California source income, must file California Form 100.

The California Estimated Tax Form 100 (ES100) http://www.ftb.ca.gov/forms/2008/08_100es.pdf

The return due date is the 15th day of the third month after the close of the taxable year.

 

A Corporation is taxed on its net income at a rate of 8.84 percent, with a minimum tax of $800.   The minimum franchise tax ($800) is due the first quarter of each accounting period and must be paid whether the corporation is active, inactive, operates at a loss, or files a return for a short period of less than 12 months. The minimum tax is waived on newly formed or qualified corporations filing an initial return for their first taxable year.

 

LLCs

All LLCs classified as corporations that organize in California, register in California, conduct business in California, or receive California source income, must file California Form 100. The California Form 100 must be filed by the 15th day of the third month after the close of the LLC’s taxable year.

 

The LLC will be taxed at the corporate tax rate of 8.84 percent and will be subject to a minimum tax of $800.

 

All LLCs classified as partnerships or disregarded entities that organize in California, register in California, or conduct business in California, must file California Form 568 Limited Liability Company Return of Income. California Form 568 must be filed by the 15th day of the fourth month after the close of the LLC’s taxable year.

 

An LLC required to file Form 568 pays an annual tax of $800, and may be subject to a fee based on total annual gross worldwide income. The annual tax is due by the 15th day of the fourth month of the taxable year, and is paid using CA Form 3522.

http://www.ftb.ca.gov/forms/2008/08_3522.pdf CA Form 3522

 

In addition, an LLC filing Form 568 that has members that are not residents of California must file the agreements of those non-resident members acknowledging that California may tax them and may collect tax from them, agreeing to file a California return and pay tax on the members’ share of California source income of the LLC. For any non-residents that do not sign an agreement, the LLC must pay tax on the nonresidents’ share of LLC income.

Tax General Information

http://www.sos.ca.gov/business/tax.htm

 

Franchise Tax Board

http://www.ftb.ca.gov/

 

Corp Taxes

http://www.ftb.ca.gov/businesses/bus_structures/cCorp.shtml

 

Corp Tax Forms

http://www.ftb.ca.gov/forms/07_forms/07_100toc.shtml

 

LLC Taxes

http://www.ftb.ca.gov/businesses/bus_structures/LLcompany.shtml

 

LLC Tax Forms

http://www.ftb.ca.gov/forms/07_forms/07_568toc.shtml

Step 2:
Contact an attorney or firm who helps corporations register in foreign states to ensure that you are strictly adhering to the registration procedure.

Tips & Warnings

  • Plan to spend several hours gathering and filling out the paperwork necessary to qualify as a foreign corporation. If you want to do business in many states, you will need to fill out separate forms for each one. Many people delegate this work to a corporate attorney or a firm that specializes in the registering of corporations.

Private firms that will assist you in registering your entities in California

http://www.sos.ca.gov/business/bpd_service_companies.htm

  • If you are not registered in a state, you may not have the right to sue, which can limit your ability to collect debts and pursue your rights as a business.
  • If the state in which you do business requires out-of-state companies to register as foreign corporations and you neglect to do so, you may have to pay weighty penalties.
  • If you are doing business in your home state and you have not qualified as a foreign corporation in that state, you may be unable to pursue legal rights until you qualify. By that time, the statute of limitations may have run out.
  • Don't be daunted by the foreign filing process. As with becoming incorporated, it's simply a matter of correctly filling out the appropriate forms and paying the filing fees.

IS THIS INFORMATION CORRECT?  PLEASE SEE YOUR TAX ADVISOR.  CONFIRM BEFORE YOU FILE.

 

 

Aged shelf corporations and LLC's offer no tax advantages.  We're not attorneys.  We're not tax advisors.

QUICKIE CALIFORNIA REFERENCE FOR DOCUMENTS

California Department of Corporations


CALIFORNIA

MAIN STATE WEBSITE

Corporations & LLC’s

 

Calfifornia Corp Web site

 

Check for name availability for Corporations or LLC's

State Laws concerning corporations

 

 

Laws concerning LLC – Sec 17000 et seq

http://www.leginfo.ca.gov/cgi-bin/calawquery?codesection=corp&codebody=&hits=All

 

Forms, Samples, & Fees

List of Filing Fees

Online filing of statements -$25 fee

Annual/Biennial Statements

 

Corporations– Forms Fees Instructions

Articles of Incorporation Domestic - $100 most types

Articles of Incorporation Domestic Non Profit - $30

 

Statement and Designation of Foreign Stock Corporation - $100

 

 LLC – Forms Fees Instructions

 

LLC Articles of Organization Domestic - $70

 

LLC Registration Foreign - $70

 

PRIVATE SERVICE COMPANIES

that file forms and interface with state

 

Tax Information

 

Franchise Tax Board

 

California Corporation Taxes

 

California Corporation Tax Forms

 

LLC Taxes

 

LLC Tax Forms


 

BUILDING CORPORATE CREDIT

Preparation for the building of corporate credit:

  • Lenders require full transparency.  This means your name is listed on the public record.
  • Don't use a nominee officer/contract officer if you're applying for corporate credit.
  • Lenders prefer companies that are at least two years old.
  • File the WY company in your home state as a foreign corporation
  • Obtain a commercial address where you intend to do business
  • Obtain the phone number, using the commercial address as the billing address
  • Register the phone number with 411 information services
  • Be honest on all applications for credit
  • You're ready!  Start building corporate credit.  Call 307.237.2580 for a referral.

ORDER PROCEDURE

1.  Choose the shelf company for acquisition

2.  We send a custom order form

3.  You approve the order and fax to our number, 702.920.8824

4.  We process the order after receiving payment

5.  The documents we have on file are sent via USPS Express Mail

6.  We order a new set of documents from the Secretary of State

7.  You provide an updated list of officers and the new company address

8.  You apply for the EIN and the bank account.

9.  You file the company in another state and update that information with us.


FILING YOUR SHELF CORPORATION OR SHELF LLC IN ANOTHER STATE?

NATIONWIDE SECRETARY OF STATES, UNDER CONSTRUCTION

Arkansas Secretary of State
 

Arizona Corporation Commission

Arkansas Secretary of State


California Department of Corporations

    > Complete breakdown here.  California Shelf Companies

Colorado Secretary of State

Connecticut Secretary of State

Delaware Secretary of State

 

District of Columbia

 

Florida Secretary of State

     Florida Breakdown Here

Georgia Secretary of State

Hawaii Secretary of State

All forms

Corporation

LLC

 


Idaho Secretary of State


Illinois Secretary of State


Indiana Secretary of State


Iowa Secretary of State


Kansas Secretary of State


Kentucky Secretary of State


Louisiana Secretary of State

  • All Forms

  • Corporations

  • LLC's

 


Maine Secretary of State

 


Maryland Department of Assessments and Taxation


 

Massachusetts Corporations Division

 


 

Michigan Department of Consumer and Industry Services

  • All Forms

  • Corporations

  • LLC's

 

 


Minnesota Secretary of State

 


Mississippi Secretary of State

  • All Forms

  • Corporations

  • LLC's

 


Missouri Secretary of State

  • All Forms

  • Corporations

  • LLC's

 


Montana Secretary of State

  • All Forms

  • Corporations

  • LLC's

 


Nebraska Secretary of State

  • All Forms

  • Corporations

  • LLC's

 


Nevada Secretary of State

  • All Forms

  • Corporations

  • LLC's


New Hampshire Secretary of State Corporations Division

  • All Forms

  • Corporations

  • LLC's

 


New Mexico Secretary of State

 

 

California

  • All Forms

  • Corporations

  • LLC's


North Carolina Secretary of State

  • All Forms

  • Corporations

  • LLC's


North Dakota Secretary of State

  • All Forms

  • Corporations

  • LLC's


Ohio Secretary of State

  • All Forms

  • Corporations

  • LLC's

 

Oklahoma Secretary of State

  • All Forms

  • Corporations

  • LLC's


Oregon Secretary of State

  • All Forms

  • Corporations

  • LLC's


Pennsylvania Department of State - Corporation Bureau


Rhode Island Secretary of State

  • All Forms

  • Corporations

  • LLC's


South Carolina Secretary of State


South Dakota Secretary of State

  • All Forms

  • Corporations

  • LLC's


Tennessee Secretary of State

  • All Forms

  • Corporations

  • LLC's


Texas Secretary of State

  • All Forms

  • Corporations

  • LLC's

 

Utah Secretary of State

  • All Forms

  • Corporations

  • LLC's

 

Vermont Secretary of State


Virginia State Corporation Commission


West Virginia Secretary of State


Wisconsin Department of Financial Institutions
 

Wyoming Secretary of State

 

 

 

ASSETPROFILE.COM

SHELF COMPANIES  .  BUILD CORPORATE CREDIT  .  TRANSPARENCY

 

109 EAST 17TH STREET, SUITE 25, CHEYENNE WY 82001

Office 307.237.2580, Fax 702.920.8824,  EMAIL

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