What is Corporate Direct’s $50,000 guarantee?

If Corporate Direct forms and maintains your entity, and you subscribe to the Corporate Formality Services, we guarantee that you will not be exposed to personal liability from an attempt to pierce the corporate veil. If you are planning to form an entity to create asset protection, subscribing to the Corporate Formality Services will give you the added confidence that your protection team is working for you. Read More

All the keys for growing a new business are now available in Corporate Direct’s Start A Business Toolbox. Read More

5 common mistakes we won't let you make

1. Choosing the Wrong Entity

Problem: Many incorporating companies are not run by lawyers but by promoters, people who have no experience and training in corporate law. These companies are geared to sell you something, not to assist you in carefully selecting the right corporate entity. Choosing the wrong corporate entity can cost you hundreds of thousands of dollars in extra taxes and can fail to protect your assets. It is so crucial to make the right choice.

*Solution: Corporate Direct is owned and operated by lawyers. Our staff is trained to work with you to select the correct corporate entity, be it a C corporation, S corporation, LLC or LP for your specific situation.

2. Creating Too Many Entities

Problem: Many incorporating companies are staffed by commissioned sales people. Their goal is to sell you as many entities as possible in order to earn a higher commission. We have seen situations where as many as six entities have been formed where only one entity was needed. Creating too many entities is costly upfront and costly on an annual basis.

*Solution: Our staff is trained to protect you with the right amount of entities, not an overabundance of them. Our staff is not on commission and thus has no incentive to sell you more than you need.

3. Paying Too Much Money

Problem: Many companies will lure clients in with promises of low cost incorporations only to have high pressure sales people upsell them into products and services they do not need or want. We have seen cases where services that should have cost under $1,000 have been inflated to over $10,000 in fees. The clients may never know they have been cheated, or learn only when it is too late.

*Solution: Corporate Direct Charges a flat fee per entity and provides you with an upfront statement of what your specific strategy will cost. There are never any hidden fees or surprises.

4. Bogus Office Packages

Problem: Many companies will tell you that state law requires you to have an office in your state of incorporation, for example, Nevada. They will then sell you on a $3,000 annual office package to keep you in compliance. In truth, there is no such state law requiring a fully staffed office and you have been ripped off for $3,000 a year.

*Solution: Corporate Direct does not sell bogus office packages. If you need mail forwarding and the like we can assist for as little as $360 per year. But we will not misrepresent state law to take money out of your pocket.

5. Incomplete Formations

Problem: Many companies will file articles with the state and then only provide you with forms to fill in for the bylaws, minutes and stock certificates. Do you know how to fill in these forms? Will they ever be filled in once you receive them? Of course not. And by not having complete documents you open yourself to having the corporate veil pierced and thus exposing all of your personal assets to creditor claims.

*Solution: Corporate Direct provides a complete formation package in your own corporate binder. All of the bylaws, minutes and certificates are completed and you are protected.

When you incorporate, you'll also receive these two products FREE:

BULLETPROOF YOUR CORPORATION
Retail Price: $49.00 - Yours FREE when you incorporate

HOW TO SAVE $10,000 BY INCORPORATING
Retail Price: $29.00 - Yours FREE when you incorporate

Product Details: Garrett Sutton, Esq., has assisted individuals and business owners in protecting their assets and limiting their liability for over 25 years. In this workbook, he explains not only how to choose the correct entity for your business or real estate, but focuses primarily on how to maintain your entity for maximum protection. Includes easy-to-follow instructions on how to maintain separate corporate bank accounts and tax returns, hold shareholder or directors meetings, and how to properly record all corporate actions in writing. To explain how the corporate veil can be pierced when formalities are followed, several court cases have been provided as examples. To keep this from happening to your business, a forms appendix has been included to guide you through the paperwork necessary for starting and maintaining your entity.

Product Details: Listen to experts Garrett Sutton, Esq., and Mike Bosma, CPA, discuss multiple ways to save money by incorporating. By using entities, you not only protect your assets, you can save thousands of dollars. Several tax benefits are afforded to corporations that sole proprietors cannot utilize. Imagine how much you could save simply by reducing what you pay in self-employment tax and by maximizing business deductions. This CD will show you how to save money and reduce your taxes by incorporating right now.

Listen to The Corporate Advantage Audio Series:

Rich Dad’s Advisor Garrett Sutton Esq., author of the best-selling Rich Dad books, Own Your Own Corporation and Real Estate Advantages teams up with national credit expert Gerri Detweiler to show how and why even small one-person businesses can benefit from a corporate structure and stop using personal credit to grow their business.

View incorporation information, prices and comparisons here.

Listen to Garrett discuss incorporation issues here.

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