Alexander von Pinoci

AvP-consulting

Rome – Italy

Telephone:  +39(328)162.0531

Fax:  +39(06)233.241.949

Email:  alexander.vonpinoci@poste.it

 


Incorporation

Curriculum Vitae

US Taxes

Incorporation

Business Solutions

Incorporate your business!

LIMITED LIABILITY COMPANY (LLC)

Especially recommended for non resident aliens where the main business activity of the company is outside of the United States.  An LLC is a non taxable entity.  It in effect and LLC is treated like a partnership and all gains and losses are passed through directly to its members.  Non U.S. residents are not taxed on income produced outside of the United States.  The LLC is governed by an Operating Agreement. 

Operating manager or member managed

No board of directors

Run like a partnership but with limited liability for members

Restrictions on the transfer of shares apply

Company pays no taxes

 

GENERAL CORPORATION

Recommended when there will be more than 30 stockholders, i.e. such as a company planning a private offering of stock.  A general corporation is allowed a broad spectrum of flexibility.

Three tiers of power – stockholders, directors, officers

Clear separation of rights and responsibilities

No limit to size

Directors run the company

Directors are elected by the stockholders

Stockholders own the company

Minority stockholders are not responsible for the company

Company can be a subchapter “S” if all stockholders qualify

 

CLOSE CORPORATION

This is a variation of the general corporation, where the stockholders, directors and officers, are typically the same people and where they desire to remain a small tight-knit group.

Restricted to no more than 30 stockholders

Cannot “go public”

Eliminates board of directors

Stockholders take on directors’ responsibilities

Stockholders manage the company directly

Restrictions on the sale or transfer of stock

Corporation may be run like a partnership with all corporate benefits

Provisional director may be appointed to settle disputes

Can be a subchapter “S” if all stockholders qualify

 

NON-STOCK CORPORATION

This is a form of corporation suitable for charitable or religious organizations, homeowners associations, political organizations, trade associations, and community organizations.  It is owned by its members because it has no stockholders.  The members are defined in the by-laws, as well as the qualifications for membership.  If you are forming a non for profit company dedicated to religious, charitable, scientific, testing or public safety, literary, or educational purposes, or to foster national or international amateur sports competitions, for the prevention of cruelty to children or animals, then you want to start with a non stock corporation and apply to the IRS for your 501(c)(3) approval.  Personal gain is prohibited in a non-stock non profit corporation.

Board of directors run the company

Voting members elect the board of directors

May be structured to have a self-perpetuating board

 

ITALIAN LIMITED LIABILITY COMPANY (SRL)

Especially recommended for non resident aliens who wish to establish a business presence in the European Union.  The SRL is governed by an Operating Agreement. 

Operating manager or member managed

No board of directors

Run like a partnership but with limited liability for members

Restrictions on the transfer of shares apply

Required capitalization €10.000,oo

Company pays taxes

  

LINKS

Incorporate in Nevada

Incorporate in Wyoming

Incorporate in Delaware

 

FEES

§ Non binding advise via email or telephone is free!

§ Actual cost plus job rate of €60,00 (Euro) per man-hour, plus VAT when applicable.

 

 

 

 

 

Ultima modifica: 06/05/2005 10.41.59

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