MLM Corp LLC - Frequently Asked Questions

Frequently Asked Questions
About Incorporating

Q: Is my business too small or too new to incorporate?
A: NO business is too small or too new to incorporate. You owe it to yourself to take advantage of the business tax deductions and the limited liability protection afforded by incorporating.

Q: Doing all of the research and work to incorporate is very time consuming and very expensive.
A: MLM Corp, LLC is here to help you with that. We have done the research and we will be here to guide you through through each step of the process. Due to the fact that we have hired attorneys to create documents specific to the issues that can effect you as a participant in Network Marketing, the guesswork and research can be all but eliminated. MLM Corp, LLC has also worked hard to keep the costs down, so that even if this is the first day of your experience in Network Marketing, the benefits far, FAR outweigh the expense.

Q: Are corporations always taxed twice? Once for the corporation and once for the money I take?
A: Not necessarily. If your C Corporation is small and does not pay any dividends to ist shareholders, then it may only be taxed once on its profits. This is also true of S Corporations and LLCs, where the taxes are filed on the owner's personal tax returns. There are instances where a C Corporation is taxed twice and that is the reason that most entrepeneaurs do not choose to operate under a C Corporation.

Q: Do I have to be a US Citizen to incorporate in the United States?
A: NO. Nevada has specific entities, LLC’s that allow for the members to be non-US citizens. This is done to allow for foreign citizens to operate businesses in America. MLM Corp, LLC has designed specific packages to serve our foreign customers.

Q: Will I have to spend hours and hours and hours in order to keep my corporation compliant?
A: Not at all. Nevada requires that you file an annual report stating who the officers and or managers are. Besides that you just need to keep good business records, documenting what you do as a business. MLM Corp, LLC, is available to help you with ongoing minutes and other items that you might need, however, the process is designed to be easy to comply with.