Asset Protection StrategiesHoldC

 

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 “no-tax state, (NTS)” corporation which invoices Corporation A for a monthly equipment lease, or management fee, etc., (there are a plethora of viable business arrangements”.

To operate lawfully, corporation B must maintain a viable presence in the NTS. The advantage to this strategy is state taxes can be minimized in your home (local) state by offsetting income to an NTS by paying corporation B, management fees, equipment lease, etc… Payments are made monthly or annually but always before the end of the calendar year. Frivolous lawsuits against corporation A are discouraged because of leased assets and excessive expenses. Acacia Business Solutions provides everything needed to maintain a feasible and legal presence in an NTS, such as nominees, board members, presidents, directors, and managers. Acacia provides its clients with corporate headquarters (office presence), bookkeeping, banking services, and corporate record keeping, all within the NTS and at a reasonable rate.

Order an NTS corporation with a Dual Corporation Strategy Agreements.

Note: The reference to corporation and company is for illustrative purposes. You can use the dual corporate strategy with several entity types trust, Limited Liability Companies (LLC), corporations, limited partnership, limited liability partnership, and even foundations.

Intellectual Property Holding CompanyHoldingC2

Intellectual Property Holding, such as patents, copyrights, recipes, or other valuable information, is held in a separate and distinct Intellectual Property Holding Company (IPHC). However, an NTS company is not necessary; for IPHC strategy, it is usually preferable and recommended (why not be positioned for a taxi benefit while at it). The entity must maintain an arm’s length relationship with the operating company dealing with the public. There will be minimum assets at risk in frivolous lawsuit against the operating company, while the IPHC remains unencumbered by the suit. The IPHC is free to license its intellectual property to a new company at any time. However, for this strategy to work and operate lawfully, the IPHC must maintain a viable entity distinct from the operating company¬† and claim a separate and legal domicile (as stated above, NTS is not necessary for this strategy, but usually preferable). Acacia Business Solutions provides everything needed to maintain a legal and viable IPHC company and different domiciles, such as nominee board members, presidents, directors, and managers . Acacia provides its clients with corporate headquarters (office presence), bookkeeping, banking services, and corporate record keeping, all within an NTS and at a reasonable rate.

Order a corporation with IPHC Holding Company Agreements.

Note: The reference to corporation and company is for illustrative purposes. You can use the dual corporate strategy with several entity types: trust, Limited Liability Companies (LLC), corporations, Limited partnerships, Limited Liability partnerships, and even foundations.

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