ASSETPROFILE GROUP, LLC

ENHANCE YOUR BUSINESS PLAN WITH A SHELF CORPORATION OR LLC.

FLORIDA SHELF CORPORATIONS

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

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

shelf companies in florida

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

cons of shelf business in florida

1.

Florida 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.

Florida collects info such as SSN and Date of Birth. Therefore, buying a company filed in Florida is not the best idea if you’re building corporate credit. Acquire a company from Montana, Wyoming or New Mexico, and then file it in Florida as a foreign corporation.

What states produce the best shelf corporations and LLC's?
Look at states that respect property rights and costs less to maintain.

Montana

$15 per year in annual fees, great respect for property rights, and owners do not need to disclose their interest to the State of Montana.

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.

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.

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.

How to Register a Corporation or LLC in Florida
This manual does not tell you how to FORM a corporation or LLC, but HOW TO REGISTER your foreign corporation or LLC, out of Montana, Wyoming or New Mexico.
Understand the Process of Qualifying as a Foreign Corporation
If your Corporation or LLC is from another state,it will be considered a Foreign Corporation or LLC.
Things You’ll Need:
Step 1: Is your entity name already in use?

Check to see if the name of the Corporation or LLC you are wanting to register is already in use. If your entity name is already taken, you may need to modify your entity name slightly to register in that state. If original name is used, an alternate name must be used with this form:

LLC http://form.sunbiz.org/pdf/cr2e122.pdf

Corporation http://form.sunbiz.org/pdf/cr2e019.pdf

To check names in FLORIDA: http://www.sunbiz.org/search.html

Step 2: Complete Application Form

Obtain an application from the state’s department of commerce. The application will be called something like, “Application for Authority to Conduct Affairs” or “Registering a Corporation or LLC”. Often, you can download this from your state’s official Web site.

All Florida registration Forms are located here:

http://www.sunbiz.org/downloads.html

 

Some specific forms and filing fees are listed here for your convenience:

Foreign Corporation Registration – $87.50

http://form.sunbiz.org/pdf/cr2e007.pdf

 

Foreign LLC Registration – $160 for

filing fee, certificate of status and certified copy

http://form.sunbiz.org/pdf/cr2e027.pdf

Step 3: Certificate of Good Standing for Foreign Entities

If your corporation or LLC is domestic (same state), you can skip this step.

If you are a foreign organization, go to the secretary of state in the state where you are incorporated, and get an original Certificate of Good Standing. This must be attached to the application form.

For foreign entities wishing to register in Florida, the certificate must be dated within 90 days of the time of filing.

Step 4: File Application, Fee, and Return Envelope with Department of Commerce

File your application and fee with state’s department of commerce. Know that nonprofit corporations may qualify for reduced filing fees.

http://www.sunbiz.org/feecorp.html Corporation Fees

http://www.sunbiz.org/feellc.html LLC Fees

http://form.sunbiz.org/cor_fc.html Foreign Corporation forms

http://form.sunbiz.org/cor_fllc.html Foreign LLC forms

Special FL Electronic Filing & Certification

FL Sunbiz™ https://efile.sunbiz.org/onlmenu.html offers several methods information can be submitted to the Division for filing. In addition to Sunbiz™ E-filing (electronic fax filings), we offer on-line document filing for Fictitious Name Registration, Annual Report, profit and nonprofit corporation, limited liability company, limited partnership, and judgment lien filings. Electronic Certification is also available.

FL Paper Filing

Include checks or money orders made out to Florida Department of State.

The main office at the capitol is:

For hand deliveries – courier address

Registration Section

Division of Corporations

Clifton Building

2661 Executive Center Circle

Tallahassee, FL 32301

850-245-6051 – to answer any questions

 

Mailing Address:

Registration Section

Division of Corporations

PO 6327

Tallahassee, FL 32314

To facilitate the processing of documents sent, please attached a self addressed envelope and a cover letter referencing the corporate name as well as your name, return address, and phone should also be submitted.

Prepare Yourself for the Tax Consequences

Step 1: Register with State

Know that, since you are choosing to take advantage of all the rights and amenities of the state in which you are operating as a foreign corporation, you will be obligated to contribute to the health and wealth of that state. This may mean filing taxes and paying other fees within that state.

 

All Florida tax forms : http://dor.myflorida.com/dor/gta.html

Step 2: Complete and Submit Taxes

Your business may be required to register, collect, accrue and remit various taxes or fees in Florida. You can register your business with the Florida Department of Revenue by filing Form DR-1: http://dor.myflorida.com/dor/forms/2006/dr1.pdf

You may also register on line: http://dor.myflorida.com/dor/eservices/apps/register/

 

You can contact the Florida Department of Revenue at (800) 352-3671 or (850) 488-6800 or register online at www.myflorida.com/dor/businesses. Once registered, you will receive a Certification of Registration or notification of liability for the taxes for which you are registered and personalized returns for filing, with instructions.

 

Consider using an accounting firm to handle your taxes.

Tips & Warnings

Private firms that will assist you in registering your entities in

Florida

IS THIS INFORMATION CORRECT? PLEASE SEE YOUR TAX ADVISOR. CONFIRM BEFORE YOU FILE.

shelf corporations and llc details

SHELF CORPORATIONS AND SHELF LLC'S

BASIC OPERATIONS

BUILD CORPORATE CREDIT

REPAIR PERSONAL CREDIT

WARNING ON CALIFORNIA CORPORATIONS & CALIFORNIA LLC'S

THOUGHTS ON SUCCESS

Aged shelf corporations and LLC's offer no tax advantages. We're not attorneys. We're not tax advisors.
QUICKIE FLORIDA REFERENCE FOR DOCUMENTS
BUILDING CORPORATE CREDIT
PREPARATION FOR BUILDING CORPORATE CREDIT
ORDER PROCEDURE

FILING YOUR SHELF CORPORATION OR SHELF LLC IN ANOTHER STATE

NATIONWIDE SECRETARY OF STATES, UNDER CONSTRUCTION

file llc in any state

Colorado shelf companies and filing information