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Showing posts from August, 2021

Step by Step Guide for Starting a Business in Florida

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  Florida is the third biggest U.S state by population and is home to the best beaches and big cities on the east coast. There are several reasons entrepreneurs think about opening up a business in Florida. Since the state has low business taxes and relaxed rules and regulations, investors are interested in incorporating their business in the Sunshine State. Furthermore, as a populous state, your company can have a lot of potential business opportunities. If you're thinking to incorporate your business in Florida , there are company incorporation services  in the state that can help you register your business. As the process can be complex, we have compiled a step-by-step guide to help you incorporate your business in Florida. However, it is also advised to consult a reliable registered agent  to fully understand the legal requirements of opening a company in Florida. Choose Your Business Structure Choosing the type of entity you would operate as is the first step toward ...

3 Common Reasons for Buying a Shelf Corporation

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  When deciding upon starting your own business, you can either create everything from scratch or buy aged shelf corporations , commonly known as a shelf company. Now, investing in a pre-made company might seem risky, but doing so may be the best business decision you will ever make! There are pros and cons to buying a shelf corporation. However, the benefits of investing in a shelf company make it a viable option. We will discuss some common reasons to establish a shelf corporation, but let's start with the basics. This article looks at what a shelf company is and how does it work. What is a Shelf Company? A shelf corporation  is a registered business which is not operational. Moreover, it doesn't generate revenue, nor does it hold any assets. The purpose of registering such a company is to let it age. With time, the corporation's credibility increases, and that is when it becomes a lucrative option for prospective investors. There are various reasons for buying a shelf co...