A shell corporation does not have active business operations or significant assets. It is a legal entity created to hold financial assets or conduct specific financial transactions. While this may sound dubious, shell corporations can serve legitimate purposes, such as facilitating mergers or protecting intellectual property.
Imagine starting a business with a head start. What if you could skip the lengthy process of establishing a new company and jump straight into a world of opportunities? Wouldn’t it be great? Well, that’s actually possible with a shelf corporation.
Starting a business is an exciting venture, but the decision-making process when just getting started can be overwhelming. One of the first choices you as an entrepreneur should make is selecting the type of business structure.
When it comes to small businesses, sole proprietorships are among the most common structures. They offer simplicity, direct control, and fewer regulatory hurdles, making them an attractive option for solo entrepreneurs.
Venturing into the market with an innovation that can change the world is a thrilling prospect for startups. But with this thrill comes a slew of responsibilities, especially when it comes to raising capital.
The decision to acquire a business through asset or stock purchases can have significant legal and financial implications. It's important to understand the critical aspects of both methods, providing you with the legal insights needed to assess the risks and opportunities for your specific situation.
An asset purchase agreement, also known as an asset sale agreement or APA, is a written legal document that formalizes the purchase of a business or significant business assets.
Business valuation is a critical component of the Mergers and Acquisitions (M&A) process. By providing a robust and objective measure of a company's worth, business valuation facilitates informed decision-making, helps identify potential synergies, and ensures fair deal pricing.
When setting up a new business, every owner is faced with the question, “Which corporate structure is right for my business?” While there are more than two business entities to choose from, LLCs and S corps are two of the most common types of business structures.
Under the current law, businesses do not have an obligation to publicly disclose and/or maintain the names of their shareholders and beneficial owners. This kind of lack of transparency contributed to money laundering, tax fraud, terrorist financing, and other illegal acts that threaten our financial system.
