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.

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

HOME DELAWARE SHELF CORPORATIONS  

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SHELF CORPORATIONS AND SHELF LLC'S

BASIC OPERATIONS

BUILD CORPORATE CREDIT

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WARNING ON CALIFORNIA CORPORATIONS & CALIFORNIA LLC'S

THOUGHTS ON SUCCESS

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 Delaware corporation is domestic to the state of Delaware.  But it's considered a foreign corporation in any other state; such as a Delaware company in Texas.  Likewise, a Texas corporation is domestic to the state of Texas.  The Texas company would then be foreign to the State of Delaware. 

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

First, why not obtain a shelf company made in Delaware?

1.  Delaware collects information on stockholders on the state or local level (business license).  A change of ownership usually translates into a "new company" even though it may be several years old.  Bankers consider companies as "new" when the owners 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.

2.  Delaware shines at services big business, and companies that are publicly traded.  Delaware is not the best place to incorporate for small business.  In fact, small business is best served by Wyomng, Montana and New Mexico.  Small business is best served by Montana  when it comes to building business credit.

3.  Delaware is known as a state that produces shelf companies.  As a result, Delaware corporations and Delaware LLC's are more scrutinized than companies from other states, when a funding decision is involved.

What states produce the best shelf corporations and LLC's?

Look at states that respect property rights and costs less to maintain.

Montana:  $20 per year in annual fees, great respect for property rights, and owners do not need to disclose their interest to the State of Montana.  Montana shelf companies are best for building business credit.

Wyoming:  $50 per year in annual fees, great respect for property rights, and owner do not need to disclose their interest to the State of Wyoming.  Wyoming plays second fiddle to Montana when building business credit.

New Mexico:  $0 per year in annual fees, moderate respect for property rights, and owners do not need to disclose their interest to the State of New Mexico.  New Mexico is a cheap alternative but a mediocre alternative for a shelf company to build business credit.

What states produce the worst shelf corporations and LLC's for building business credit?

Delaware corporations and LLC's poses the most problems when attempting to build business credit.  This is due to the mortgage crisis of 2006 through 2010.  There were so many mortgages and commercial loans that went bad involving Delaware corporations and LLC's. 

Delaware is also moving against the use of shelf companies.  They are doing this by disallowing registered agents in Delaware from offering shelf companies, or even from doing so through an affiliate.  Proof here.  Why is the DE Secretary of State doing this?  Because the State of DE makes $500 per an expedited filing.  When registered agents offer shelf companies, they avoid paying this high DE State fee.  The State of DE doesn't like competition, and is discouraging the practice of filing shelf companies for this reason.  The DE registered agents don't want to stand up to the State of DE, and comply as a result.  This means that DE registered agents are moving away from making and offering shelf companies to the public. 

What's the solution when you're set on acquiring a DE shelf company?

The solution is simple.  Acquire a nine year old shelf company from Montana for $1995, at a much lower cost, and then convert it to a DE company for a fee of $800.  This brings the cost down dramatically, to about half of the cost of acquiring a DE shelf company.  A comparatively priced DE company is $8000.

For more information on DE Shelf Corporations or LLC, please follow this link.

If you would like a list of the available shelf companies to start your business, build business credit or move to Delaware, please send us an email here:  Assetprofile@gmail.com or call 484.256.4563.  Thank you.


  

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 DELAWARE REFERENCE FOR DOCUMENTS FROM THE DELAWARE SECRETARY OF STATE WEBSITE FOUND HERE.

Check Name Availability

Forms By Entity Type

The Delaware Division of Corporations has all forms available online in PDF format.  This requires the use of Acrobat Reader Version 6.02 or higher to save our forms to your local drive.  These forms pass the Adobe Accessibility Standard, 508 Federal Standards and WCG Guidelines.  This may be downloaded free of charge from Adobe Systems.

Corporate and UCC Fee Information

We have a list of fees for your convenience. Please contact our office at 302-739-3073 and select option 0 with any questions regarding these fee schedules. 

The Division of Corporations now has filing fee calculators for stock entities that can be used for new companies. Please choose the calculator that is appropriate for your stocks par value type:

You may utilize our Franchise Tax Calculator for estimating Franchise Tax due March 1st.

Expedited Services

Please note that all orders are returned by routine U.S. Postal Service unless an account number is provided for return by Federal Express or UPS.  This service does not include United States Postal Service Express Mail. Please be sure to include your Fed-X or UPS account number on your request at the time of submission.

Corporations

Please note that these fees are in addition to the fees that apply to fulfilling the request.

  • One Hour Service - $1,000.00
    Completed within one hour of receipt.  Filing must be received by 9:00pm EST or EDT.
  • Two Hour Service - $500.00
    Completed within two hours of receipt.  Filing must be received by 7:00pm EST or EDT.
  • Same Day Service - ranges from $100.00 to $200 for filings.  
    Must be received before 2:00pm EST or EDT.  For additional information about specific fees, see Schedule of Fees.
  • Next Day Service - $50.00 to $100 for filings.
    Request will be completed the next business day from receipt, excluding weekends and holidays.  Filing must be received by 7:00pm EST or EDT.  

    For additional information about specific fees, see Schedule of Fees.

Accessing Corporate Information

The Division of Corporations has many venues for accessing corporate information. You may choose from the following options:

  1. Corporate Status - On the Web - (This application will reflect the status of an entity but will notgenerate an official certificate of good standing)  You may check corporate/entity status on the web for a fee of $10.00 per entity for status or $20.00 per entity for more detailed information including current franchise tax assessment, current filing history and more. You may pay using the following options online:

    Electronic Payment (ACH Debit) 
    This method must be used for all transactions over $5,000.00.

    Bank Identification Number 2516000279

    ACH Electronic Checking or Savings

       
    • Checking Account
    • Savings Account

    Credit Card
    Credit Cards Accepted

       
    • Visa
    • Master Card
    • American Express
    • Discover

    Click here for status on the web.
  2. In Person - You may visit our public terminals to research corporate information at our office located at 401 Federal Street in Dover, Delaware. 
     
  3. Direct Web Access - You may purchase Direct Web Access to Delaware corporate information by contacting an Authorized Vendor.  Vendors may charge a fee for this service.
     
  4. Certified Certificate of Status - You may order a Certificate of Status or Certificate of Good Standing by submitting a request in writing to the Division of Corporations. The fee is $50.00 per certificate for a short form certificate of status (includes the name of the entity and the status at the time the certificate is issued) or $175.00 for a Long Form certificate of Good Standing (states all documents that have been filed, including the dates and times and any name changes that occurred along with the status at the time the certificate is issued).    You may either use a Certification Request Memo or your corporate letter head.  Please include your name, address, phone number, a fax number and an email address if available.  You must specify if you are requesting Expedited Services.  You may contact an Expedited Service Representative  at 302/739-3073 for information on Expedited fees.  All requests are sent out first class mail unless you provide a Federal Express or UPS account number on your request.   No requests can be returned via fax or email. You may either fax your request and charge an American Express, Visa, MasterCard or Discover card to 302/739-3812 or you may mail in your request to the Division of Corporations - 401 Federal Street - Suite 4 - Dover, DE  19901.  If submitting your request with a check it must be made payable to the "Delaware Secretary of State". The check must be drawn on a U.S. Bank in U.S. funds

Online Status

You can check the status of an entity online by Clicking Here. If you require an official certificate of good standing please submit your request to us in writing, using our Certificate Request Cover Memo. All requests are sent out first class mail unless you provide a Federal Express or UPS account number on your request. You may fax your request to 302/739-3812 and charge a Visa, MasterCard, American Express, or Discover card or you may mail in your request to: Division of Corporations - 401 Federal Street - Suite 4 - Dover, DE 19901. You may contact our Information Center at 302/739-3073 for information on expedited fees.

Annual Report


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

Search for a corporation or LLC by state

Arkansas Secretary of State
 

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    > Complete breakdown here.  California Shelf Companies

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> Colorado shelf companies and filing information

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     Florida Breakdown Here

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Hawaii Shelf Corporation/Company Breakdown

 


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ASSETPROFILE.COM

SHELF COMPANIES  .  BUILD CORPORATE CREDIT

 

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

Office 307.237.2580, Fax 702.920.8824,  EMAIL

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