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OLLC (Limited Liability Corporation). You can be described as sole proprietor – the only person in enterprise – and have an LLC. The difference click here for more is that your liability (if you get sued) is significantly reduced over that to a sole proprietorship. You are required to have an exact business name or company name. Your income flows through your regular tax give. You may very well qualify for a company search refund, extremely. Depending on the type of business you have, this can be a good option.
Now, you will be able transfer the $150,000 in your stock and bond portfolio to a Bahamian corporation under your management with a brokerage account in the Cayman Group of islands. You still retain control over all the assets yet any equity is now invisible towards the predatory eyes of legal advice.
