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Why obtain a shelf
company? The shelf corporation or shelf LLC will provide a
marketing advantage for your business. Clients and customers seek
stability in their service providers and suppliers. Acquiring a shelf
corporation or shelf LLC allows greater access to a client base that's
making a judgment call about you. The product may be top notch and the
service outstanding. Certain customers are looking for a lack of
negatives rather than a list of positives. This comes from fear of
being taken advantage, fear of failure and the seeking of stability in a
chaotic world. Because of this purchasing behavior, it may be
advisable to acquire a shelf company.
In what state should
the shelf company be formed?
If acquiring a shelf
company, then those formed in Delaware, Nevada and Wyoming are great
alternatives.
- Delaware serves
the interests of big business.
- Nevada is best for
trade shows and conventions, if your business is dependent on this
activity for marketing.
- Wyoming is
superior for small business.
After you acquire the
shelf company, simply file to do business in the state of choice.
How much should you pay
for a shelf company?
The market rate is $1000
for each year that it's aged. Filing fees also play a large part in
the market rate. For example, Nevada shelf companies are more
expensive than Delaware or Wyoming because the filing fees are greater in
Nevada. These costs are passed on the business owner acquiring the
shelf company.
How do you determine
that the company is clean from liabilities?
Get it in writing.
Ideally, the company should have no assets and no liabilities. Make
certain that the provider should have plenty of shelf companies to keep them
honest. Think twice before buying a shelf company from someone who is
not in the business of selling them.
What's the difference
between the Delaware shelf companies and those of other states?
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Delaware LLC |
Wyoming LLC |
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Delaware LLC is for big business.
The Chancery Court is best for those businesses that are publicly
held.
Big business. |
Wyoming is for small business.
Small and privately controlled companies are best served by a
Wyoming LLC. Small business. |
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Delaware Series LLC. Delaware offers
the series LLC where you can have an LLC within an LLC. This
is an unproven structure. Most attorneys don't know how to use
it. Those who know charge $350 per hour or more.
Delaware Series LLC's
are complicated and costly to maintain. |
Series LLC not offered in Wyoming.
The Wyoming LLC filing fees, and lack of a franchise tax, allow for
several LLC's to be formed and operated when needed. Low cost,
manageability, flexibility, and the focus on small; business make it
a good choice. Easy to understand. |
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Delaware copied from the Wyoming LLC
Act. |
WYOMING invented the American LLC in 1977, as it was modeled
after the 1892 German company law known as Gesellschaft mit
beschrnkter Haftung (GmbH). Nevada and Delaware copied
Wyoming's LLC and profited from it most through better marketing. |
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Delaware sells more LLC's because they
have more incorporators in that state. Delaware is best for
large companies where the stock is traded on an exchange. |
Wyoming
only has about 500,000 in their population and with a handful of
incorporators. The state is low key and the residents have a
great respect for property rights. |
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Charging order can work with the
Delaware LLC. |
Charging
can work with the Wyoming LLC. |
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COST |
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DELAWARE LLC |
WYOMING LLC |
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Delaware filing fee for the LLC is $90. |
Wyoming filing fee for the LLC is $100. |
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Delaware franchise tax is $200.
Don't forget the Franchise Tax for Delaware LLC's.
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Wyoming has no franchise tax. |
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Registered Agent Service $50. |
Registered Agent Service $50 |
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Most companies charge more than we do
for the operation agreement, resolutions, and preparation of
documents. For comparing, let's say it's $50. |
We include operation agreement,
resolutions, and preparation of documents for $50. |
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TOTAL DELAWARE LLC
$440 |
TOTAL WYOMING LLC
$200 |
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ANNUAL RENEWAL |
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DELAWARE LLC |
WYOMING LLC |
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Annual Franchise Tax $200 ($100 fee is
paid late) |
No Franchise Tax |
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Annual filing $0 |
Annual report $50 |
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Registered agent $50 |
Registered Agent $50 |
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DELAWARE LLC RENEWAL
$250 |
WYOMING LLC RENEWAL
$100 |
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ASSETPROFILE.COM
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123 West First Street, Suite 675, Casper WY 82601
Office 307.237.2580, Fax 702.920.8824,
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