Asset Protection Strategies
Dual Corporation Strategy
In the dual corporation strategy, Corporation A is started in your local state to do business with the public. Corporation B is a Nevada corporation which invoices Corporation A for a monthly consulting fee.
The advantages to this strategy is that state taxes can be minimized in your home (local) state, by paying any profits to Corporation B by the end of the year. If anyone brings a lawsuit against Corporation A , only the assets of Corporation A are at risk.
Order a Nevada corporation or LLC with Dual Corporation Strategy Agreements.
Intellectual Property Holding Company
In an Intellectua Property Holding Company (IPHC), the intellectual property, whether it be patents, copyrights, recipes, or other valuable information, is held in a Nevada company at arm’s length from the operating company, which deals with the public. In the event of a lawsuit, the operating company in the local state is sued, and only its assets are at risk, while the IPHC remains unemcumbered by the lawsuit, and may even license its intellectual property to a new company.
Order a Nevada Corporation with IP Holding Company agreements.