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Florida State is not a Tax Free option for corporations

Most states have a personal income tax. Only seven have no income tax: Alaska, Florida, Nevada, South Dakota, Texas, Washington, and Wyoming.⠀Before you "pack your bags" to start a company in one of the tax-exempt states, keep in mind that they too need to earn income to function, and they have to get that money from somewhere.⠀States with no income tax

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Borderless account from TransferWise – a new way for Bank transfers and more

This post could have been sponsored by TransferWise, but for some reason it didn't happen))) So sharing a great service for making bank transfers around the world. TranserWise is one of the popular platforms for sending money abroad, also because of super low fees and super fast transfers. It is a UK-based company with a billion-dollar turnover. What you get from a Borderless account

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What are Shelf Companies, and why buy them?

A shelf company is a company that was registered some time ago but is not in use and is waiting for a new owner. Do not confuse it with a shell company, which is similar in sound but different in meaning. A shell company is often a shell or fictitious one-day company. And you can buy a shelf company easily, legally and profitably. Why people buy

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How to choose a state for LLC

Clients often ask: where to incorporate, in which state and why? Read this article to the end and you will get a lot of useful information. What are the criteria for choosing a state to register a company in the USA? It is unfortunate when this is done on the basis of unreliable or incomplete information, and also on the principle: "I was told so". We are not talking about

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Amazon vs Walmart

Amazon and Walmart are the two whales of global retailing. Walmart has been around 30 years longer, but now the biggest retailers are fighting for the same customers. Walmart is old-school as a grocery store. Amazon as an online bookseller. Over the years, the lines between stores have blurred. Not sure which of these stores to start a business or make a purchase at? We

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Bezos' "mentor" is stepping down from Amazon

The richest man in the world thanked Jeff Wilkie for the years of joint work, calling him his mentor.Jeff Wilkie, one of the closest associates of Jeff Bezos, responsible for managing the entire consumer business of Amazon, decided to leave the company. This is stated in an official notice Amazon sent to the U.S. Securities and Exchange Commission (SEC). The document reports that Wilkie

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Amazon breaks sales records and has plans to expand

The pandemic has put a kink in many companies' plans. Amazon, on the other hand, continues to thrive. The tech giant said it will increase its team by 3,500 people. The company took care of the new space even before Covid-19 spread across the United States. The New York Post reports that Amazon bought the iconic Lord & Taylor building on Fifth Avenue for $1.15 billion dollars! The company is openly sharing

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Amazon sellers will come out of the shadows

Amazon has announced that starting September 1, their website will display the seller's company name and address. Amazon believes this will help customers make informed purchasing decisions and learn more about the seller, their products. What does this mean for sellers? Amazon sellers must include their name and address in their profile. ⠀ Step-by-step instructions on how to edit this

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