Nicaragua Corporate info

Submitted by buddyruff89102 on 17 March, 2006 - 02:22.

Does anybody have any experiance with the corporate structures?. to form a nica corp, that does business with a nevada corp owned by the same people. is this like the most asprin intensive way to do it or is there a better way? My businnes law is a little weak as my experiance any advice out there beside long walk on a short bridge. I know its easier to do a sole propriorship but i have reasons to do it this way where time is an issue, Thanks brian Wine effects my spelling

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Submitted by Pete on 18 March, 2006 - 00:34.

Please don't take this wrong, Honestly I'm trying to help. To get started, look in the upper right hand corner of the screen. Put the word Corporation in the box and click on search. It will bring up a ton of postings with the word corporation. You will end up learning more about forming a corporation in Nicaragua then a month monitoring this thread for added comments. One of those topics which have been around the block a few times. Once there are more specific questions of which you cant find answers, start a new thread and ask. Then the next poor guy who looks for that same information can find it. Eventually it all ends up getting caught up in a book, where you can then find just about everything.

No, a comment...

Submitted by jaf on 17 March, 2006 - 22:01.

You could have said something...instead you just made feel like a fool. I take back the B-day wish. J

confudado

Submitted by no longer registered on 17 March, 2006 - 05:32.

Buddy I'm not sure what you want to know?

I've received a really good lesson in Nicaraguan corporate structures over the past 2 months so can answer questions semi-intelligently about those but why the NV corp and why would you need/want to have both?

corporate transfers

Submitted by Minerva on 17 March, 2006 - 22:18.

My two cents: having two ( or more) corporations in two (or more) different countries is a typical arrangement to transfer (legally, but you need to be careful about following religeously the accounting rules on "arms lengths" transactions) profits from a country with a higher rate of taxation to a country with a lower one. There might be other reasons, too (like licensing etc.) but usually the tax aspect is prevalent.

okay

Submitted by buddyruff89102 on 17 March, 2006 - 20:26.

why would i need both? my question as i have been reading and studying it seems the seam between import and export may work better this way? It seems redundant to me so i ask the Q? I wish to manufacture in Nic and ship to the US for the most part, but i am increasing becoming interested in other markets. Lack of faith in the us market and the growing 3rd world market. Plus the distinct possibility my partner, my father, will not be here for the final act and it is his wish to put his assets into this endeveour. Its his money and i wish to avoid bad advice and some of the advice we are being given does not make sense to me. You all have not held a punch yet so i ask, thank you, any further advice or direction is greatly appreciated.