Business Formation (Domestic & Offshore)

Domestic Business Formation

We will form new business entities of various types in all US jurisdictions. Included are traditional Corporations, General Partnerships, Limited Liability Companies, and such other entities that are legally authorized and useful. The reason for forming such entities are almost too numerous to mention, but many of them are for new businesses, new partners, commercialization of new technology, and integrated estate planning. Sometimes these entities are created in support of related activities involving a new business management relationship, mergers, divestitures, transfer of assets from planning purposes, protection from creditors or restructuring.

While local domestic corporations are common, we frequently provide corporations in other states that may offer some unique advantages to the owners, depending on the nature of their business profile. The states of Nevada and Wyoming are particularly popular due to some of their unique characteristics. As an example, Nevada offers business owners no corporate income tax and the only state that allows "bearer shares."

Because there is a wide divergence in cost of formation in different states, we encourage you to contact us directly for specific quotes. Customized documentation that includes specific references to provisions that are unique to the entity generally runs $1500, although significant supplementary documentation will increase the price. These quoted costs include all necessary filing fees (including in Nevada the initial Report of Officers and Directors which must be filed approximately 30 days after the company is formed), a resident agent for 6 months, all necessary documentation (varies from state to state), review by a licensed attorney, up to two share certificates and a pocket size corporate seal.

If additional services are needed such as mail forwarding, assistance in establishing bank accounts, brokerage accounts, or other ancillary service, our firm will quote on these services on an individual client basis. Prices for these services will vary from state to state and on the degree of assistance a client requests.

If trademark or service mark assistance is required to preserve the rights to the company name or logo, those services can also be provided at an additional cost.

Offshore Business Formation

Offshore business or trust formation can be a very intriguing and extraordinarily useful resource depending on the client's need. Frequently a client will come to us with a preconceived method of reaching their offshore goals. While many of our clients research the options thoroughly, in general we have found some clients misunderstand the requirements, or the advantages or disadvantages of a specific jurisdiction. Take advantage of our knowledge and research. Our materials are current, and our staff experienced. Let us help you identify the options for the best jurisdiction for your needs. Since we are not bound by one or two jurisdictions, as are most offshore providers, you get the benefit of an objective, pragmatic legal and practical assessment.

Our firm provides offshore business formation services in all major offshore financial centers. We assist the client in selecting the appropriate jurisdiction for the purpose and orchestrate the sometimes complicated the process of locating reliable offshore service providers. Having an extensive network of existing commercial foreign relationships and aware of the pitfalls of the myriad of choices in the offshore environment, we can provide the client guidance and experience.