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Discuss what's fucking going on, and which programs are best and worst. One-time "program" announcements from "established" webmasters are allowed. |
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#1 |
Registered User
Join Date: Jul 2003
Posts: 56
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![]() What is a holding company used for?
What about a 'shell company' ? Same thing? Please explain |
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#2 |
HAL 9000
Industry Role:
Join Date: May 2001
Posts: 34,515
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A holding co. owns the securities of other companies. (and control them) They can operate as normal companies. Not sure if there are any special characteristics.
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#3 | |
Confirmed User
Industry Role:
Join Date: Feb 2003
Location: JustPorno
Posts: 2,384
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Quote:
Holding assets, passing thru funds. Fuck, when you need one your lawyers and accountants will explain it to you. You can set up companies for many things. Liability is a big one. If you hold all your eggs in one company and get sued your more fucked than if only 10% of your wealth is attacked. etc... Don't ever say I didn't tell you anything.
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Just Porno with both classic and mobile porn versions. Gay Porn Our mega gay site tranny porn |
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#4 |
lurker
Industry Role:
Join Date: Aug 2002
Location: atlanta
Posts: 57,021
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it was Janis Joplins back up band (now only the fucking old webmasters will laugh at this lol )
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#5 |
Looking California
Industry Role:
Join Date: Feb 2001
Posts: 5,476
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Talk to a good tax lawyer and accountant.
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#6 | |
Reach for those stars!
Industry Role:
Join Date: Apr 2003
Location: Vancouver, BC
Posts: 17,991
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Quote:
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email: [email protected] |
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#7 |
Too old to care
Industry Role:
Join Date: Jun 2001
Location: On the sofa, watching TV or doing my jigsaws.
Posts: 52,943
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Banapro s.r.o.
Opening a Czech company was one of the most dificult things I ever did, nightmare with the investigation and paperwork.# The Californian Corp. was easy to open P & E Entertainment or D & B Holdings. In the UK I was Astal Blue or UK Photo Agency. Always have a company in front of you, gives you something to sell and you don't lose your house if it goes belly up. |
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