ASSETPROFILE GROUP, LLC

SHELF COMPANIES

Why obtain a shelf company?

Why obtain a shelf company? The Illinois shelf corporations and Illinois shelf llc’s 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.

update for delaware shelf companies
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.
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.
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.
difference

What's the difference between the Delaware shelf companies and those of other states?

Delaware LLC Wyoming LLC

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.

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.
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.

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.
Charging order can work with the Delaware LLC.
Charging can work with the Wyoming LLC.

COST

Delaware LLC Wyoming LLC
Delaware filing fee for the LLC is $90.
Wyoming filing fee for the LLC is $100.

Delaware franchise tax is $200. Don't forget the Franchise Tax for Delaware LLC's.

Wyoming has no franchise tax.
Registered Agent Service $50.
Registered Agent Service $50
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.
TOTAL DELAWARE LLC $440
TOTAL WYOMING LLC $200

ANNUAL RENEWAL