Archive | September, 2009

Required/Minimum age to be the shareholder of a Delaware corporation?

What is the minimum or required age to be a Delaware corporation shareholder? none. however, a minor’s holdings would be managed by his or her parent through some sort of trust arrangement until the child becomes an adult.

Read more

Why Canada government say is not ok for a private corporation to choose some base in his or her age?

but When the government start a immigration application they give more point for younger people. Also why a corporation can not choose only single people when the immigration agency give more point for marriage people Sounds liike a double standard right? Double standard? One is access to country, while the other is access to a [...]

Read more

What are the tax implications to my Canadian corporation if I live outside Canada?

I have been a Canadian resident and own a Canadian corporation. Now, I am getting to my retirement age, and wish to live somewhere outside Canada where the climate is warm and no snow. I would ask my son-in-law to take care of my business when I live south. If you temporarily live outside canada, [...]

Read more

What are the chances of a four man corporation surviving?

I am 22 and starting a corporation with three other guys my age that would deal with web design. The corporations stock would be split evenly, but I am hesitant about it. Do these types of corporations usually work that start this way? Should I do it myself? I think there may already be a [...]

Read more

Buying Shelf or Aged Corporations?

I see websites selling these 10- 15 yr aged corporations, some with bank accounts some with Paydex/ DUNS of 80 . Where do these websites get those aged corporations to sell? Is there a way to go around them to get those corporations that their selling without having to pay the middleman? A shelf company [...]

Read more

Aged Corporation / Shelf Corporation

A FEW POINTS ON BUILDING CORPORATE CREDIT: Aged EIN numbers add no value.  Don’t spend more money for a aged corporation because it has an “aged EIN”. There are three reasons to obtain a shelf corporation: Assist in the building of corporate credit Convenience in start-up Enhance the marketing campaign Builds customer confidence in the [...]

Read more

ARC Loans Offer Small Businesses $35,000 For “Immediate Hardship”

from Small business owners have credit lines pulled – BusinessWeek by John Tozzi Small businesses that have been recently profitable but are having trouble meeting debt payments can now apply for Small Business Administration-backed bridge loans to help. These loans are designed to keep otherwise viable companies from sinking because of “immediate financial hardship.” The [...]

Read more

Aged Shelf Corp with 4 Trades for sale $3k;build business credit faster!

from Resource Marketing Solutions by dave RMS Inc is offering an aged corp for resale! Getting an aged corporation that has existing trade lines reporting to business credit bureaus will help you reach you building business credit goals much faster. It’s a 2year Plus aged Colorado corp with trade lines for sale that has 4 [...]

Read more

What is the minimum age to start a business (specifically an LLC or Corporation)?

I live in Georgia, and that is where the official address would be, although the forms would be filed by an entity in California. (Legalzoom) I would avoid online services for starting your corporation. It must makes it cost more. Check with your secretary of state and public libary, and learn how to do it [...]

Read more

What’s the future of small business credit?

from Small business owners have credit lines pulled – BusinessWeek by John Tozzi What’s the future of small business credit? We’ve been writing and thinking a lot about this lately. It’s a peculiar time: We’re in the middle of a recession that was incubated by several years of too-easy credit. When loose lending caught up [...]

Read more