Shelf company list: Request the list
SHELF CORPORATION WARNING:
When we started offering corporations and services, we only offered Nevada.
We saw changes coming in Nevada and slowly divested from the "Silver State."
First off, Nevada privacy is dead. This is how the state killed it:
Nevada requires the filing of a Nevada Business Registration, whether or
not you do business in Nevada. This business license mandates the following
- $500 annual business license
- $150 annual list of officers report
- Owner's name
- Owner's address
- Social security number
- Date of birth
- Residential telephone number
percentages of each identified stockholder.
- All change of ownership information
- Acquired/changed by
- Portion acquired/changed
- Date acquired/changed
- Declared under penalty of perjury
PROOF IN PDF.
So, let's say you don't want privacy. You seek to build
business credit, and that requires transparency.
THE NEVADA BUSINESS REGISTRATION:
Why not a Nevada corporation or Nevada LLC to build business credit?
Answer: A change of owners on record results in a
setting of the age of the company to zero. If you think about it, new
owners means the company may not be run the same way as the previous owner.
Even if the company has no credit history, a change of ownership may result
in a negative credit history.
Again, the dangerous part is that many Nevada resident agents are not
talking about this requirement because they know of the negative impact it'll
have on their business. From the perspective of the bank or
financial institution, they will reset the respective age of the company
when the owners change. And since the owners are listed on the Nevada
business license, that shift is easily noticed through public records.
See the form here.
There's more to consider than the age of the company. The
mortgage crisis also resulted in many defaults in business loans.
Scores of those loan defaults involved corporations from Nevada and
Delaware. In addition, Nevada suffers from rampant financial fraud due
to businesses that support access to rapid funds; due to activity related to
gambling, legalized prostitution, adult entertainment and drugs. Using
a Nevada corporation to build business credit is simply counter-productive.
In building business credit, you're much better off with a corporation from
Montana. In contrast, Montana is known for clean business practices.
All of our companies are without a credit history, without an
EIN and without a transaction history. So, what does this mean to you?
This means that you don't need to worry about back taxes owed, delayed fused
litigation, or unseen liabilities.
NEVADA CLAIMS THEY DON'T HAVE AN INFORMATION SHARING AGREEMENT WITH THE
IRS. THIS IS MISLEADING.
This information collected in Nevada, although not automatically shared
with the IRS, is accessible through a subpoena or court order. In
addition, the Nevada Secretary of State admits to SELLING their
information to database companies, like ChoicePoint. And ChoicePoint sells
information to the IRS. Why claim to provide a level of privacy that
doesn't exist? They want to sell companies, even if their representation
is misleading. Nevada privacy is meaningless at
If you're applying for business credit, privacy isn't possible.
The banks want to see the owners' names on public record on the Secretary of
State website. Privacy works against any possibility of obtaining
funding for your business. Transparency and disclosure is the
foundation for obtaining funding. If you think about it, banks want
you exposed if they are lending money. And if you were the bank, you
want to know who is behind the company. It's that simple.
What about Wyoming shelf corporations?
The loan defaults made Delaware, Nevada and Wyoming famous as states that
source shelf companies. This means that shelf companies that come from
Nevada, Delaware and Wyoming are all facing increasing scrutiny when
obtaining business loans.
What state is best to obtain a shelf company to build business credit?
You probably don't know of anyone who obtained a shelf company from
Montana. That's good. Since Montana is not known for selling
shelf companies, this means that your business project isn't harassed as a
result of the stigma that follows companies from other states; Nevada,
Delaware and Wyoming.
MONTANA IS THE SOLUTION:
CLICK HERE FOR OUR LIST OF
1 YEAR OLD WYOMING CORPORATION
OR LLC $800
2 YEAR OLD MONTANA CORPORATION OR LLC
YEAR OLD NEW MEXICO LLC
OLD MONTANA CORPORATION $1995
We shifted our focus to Montana for the following reasons:
- Banks and financial institutions respect Montana corporations and
- Montana doesn't require a business license unless you're a licensed
professional in certain industries (real estate, medicine, etc).
- Filing and maintenance fees are lower; only $15 per year for the annual
- Greater respect for property rights.
- Montana is a low key state that's in the black, and believes in small
- Anyone can serve as an officer or owner of a Montana C Corporation,
or other entity.
Always speak to a tax advisor before and after you
incorporate. You may need to file as a foreign corporation in another
state, if that's where you do business.