Asset Protection Strategies
Dual Corporation Strategy
In the dual corporation strategy, Corporation A is started in your local state to do business with the public. Corporation B is a Wyoming corporation which invoices Corporation A for a monthly consulting fee.
The advantages to this strategy is that state taxes can be minimized in your home (local) state, by paying any profits to Corporation B by the end of the year. If anyone brings a lawsuit against Corporation A , only the assets of Corporation A are at risk.
Order a Wyoming corporation or LLC with Dual Corporation Strategy Agreements.
Intellectual Property Holding Company
In an Intellectual Property Holding Company (IPHC), the intellectual property, whether it be patents, copyrights, recipes, or other valuable information, is held in a Wyoming company at arm's length from the operating company, which deals with the public. In the event of a lawsuit, the operating company in the local state is sued, and only its assets are at risk, while the IPHC remains unemcumbered by the lawsuit, and may even license its intellectual property to a new company.
Order a Wyoming Corporation with IP Holding Company agreements.
Equity stripping is an easy way to protect real estate, and can also improve cash flow at the same time.
Frequently Asked Questions (FAQs) about the Wyoming Virtual Office
The Wyoming Virtual Office Package includes everything you need to do business virtually in Wyoming.
1. Will I get my own phone number or an extension on a main phone number?
You will get your own 307 area-code voice phone number (Cheyenne, Wyoming), and a separate number for faxes.
2. What server do I use for my SIP client softphone?
You can set your SIP client to:
3. What do I pay for my outgoing calls?
The first 1,000 minutes of calls to the U.S. are included in the monthly fee. Additional minutes to the U.S. are $0.04 per minute.
4. How much are incoming calls?
All incoming calls are free and included in the monthly fee.
5. Can I check my usage online?
6. Can I use the phone I have now?
You can use your existing analog land-line phone to plug into the VoIP adapter we provide. Newer VoIP phones and software for a PC or Mac can also be configured to connect to our servers.