Don’t set up a Corporation, LLC or any entity without first talking to the professionals at CorpAdvantage

This is YOUR company! Make sure it’s done right. You shouldn’t be filling out a form online. Get REAL answers to your questions by talking to REAL professionals.

About CorpAdvantage

The owners of Corp Advantage have assisted customers worldwide in setting up entities, protecting assets, and saving on taxes. They have created tens of thousands of entities for their clients.Their unique structure, combined with their streamlined operational systems, make for the best and least expensive choice in the entity creation industry.

 

Why CorpAdvantage

Our mission statement is to provide our clients with world class old fashion customer service while creating entity structure to protect them, their families and their assets and get them in the best position to take advantage of the tax code putting significant dollars in their pockets.

We accomplish this by hiring the very best, most qualified associates, treating them with the respect and dignity they deserve, and always remembering that they and their families come before profits and self interest.

By doing this we create a unified culture of happy and motivated staff members that treat each customer like they are number 1!

Put associates first, they will make customers happy, and a successful company will be a natural outflow of the process!

Customers Reviews

This is the first time I have worked with CorpAdvantage and as a first time business owner registering an LLC, this company made it so smooth and was very efficient! ... Carl, the gentleman I had the pleasure to work with, was very efficient and very responsive. ... Carl was patient and enthusiastic and caring is his responses...
Tony Martinez
Google Review
My experience with CorpAdvantage, Inc. has been beyond stellar. They're extremely responsive, polite, very professional, and know their business. I would like to particularly make a shout out to Carl who was always there for me and answered any question I had.
Marcello Alcoba
Google Review
CorpAdvantage Inc is a great service these guys can really get the job done smoothly. They know exactly what to do and beyond. They will always answer their phone for any question's.. thank you so much y'all are awesome!
Benny Tovar
Google Review

The Professionals

Bud Lethbridge

As one of the most sought after lecturers on the national circuit, Bud Lethbridge has educated and motivated audiences in every major city in all 50 states and in virtually every English speaking country around the world, including Canada, England, Ireland, Scotland, Australia,  New Zealand, Singapore, Malaysia and Hong Kong just to name a few.

He began his business career at age 14 starting his first company in So Cal. Then over his business career as he recognized the litigious nature of society and the high-risk nature of business ownership and transactions, he began to use, perfect and teach Asset Protection techniques to assist clients in keeping their “stuff”!  Bud has been involved in the creation of over 50,000 entities over the years. And by understanding  and using the tax code Bud has worked with clients’ CPAs to save them a small fortune in taxes. As a lecturer, Bud Lethbridge transforms an extremely complicated topic into humor, relevance, and action! As a business owner and author of “A Practical Guide to Asset Protection”, he has enlightened audiences round the globe as he uses practical experience and real time examples teaching strategies for complete protection and key tax savings.  

As the Co-Founder and CEO of CorpAdvantage, Bud combines his decades of experience in these 3 key areas… business, protection and tax savings assisting clients from around the world.

Carl Thurgood

As the owner of his own fitness club by age 26, Carl learned the lessons of both business acumen and the need for liability protection beyond just insurance. Later as a successful real estate agent and investor, having added to his own portfolio single family and multifamily rental properties, he recognized the vulnerability of owning these in his own name.

Having met Bud Lethbridge in 2000 and becoming good friends and business partners, they Co-Founded CorpAdvantage, Inc. and as Bud lectured, Carl worked in implementing the proper structure and procedures to give their clients the best possible education and service.

Through the years they have helped tens of thousands of people, in several different countries, set up everything from a single entity to a complete asset protection structure.

CorpAdvantage’s
4 Step Process

Consultation

1 on 1 Consultation with one of our Entity Professionals to help you assess the right entity for your type of business, the state that would work best in your situation, the correct tax structure, and most importantly to answer your questions.

Information

Through our secure platform we now gather both your personal and business information needed to create the documents and filings.

Confirmation​

Our secure database sends you a link to peek into our databse and now confirm that everything we entered is correct and exactly as you want it for your business!

Execution​

Our staff clears your business name, expertly files for your Articles with the State, draws up your Operating Agreement, gets your EIN from the IRS, now applies for your Resellers Permit (if applicable).

FAQ

Most frequent questions and answers

By having an entity, you take assets out of your personal name. In a society where lawsuits are common, an entity can create protection and open the door to tax advantages otherwise not available.

 

There are vast differences between the two, but one of the biggest differences is flexibility. An LLC has relaxed requirements as to things like board meetings and minutes. Also, an LLC can file taxes as a sole proprietor, a partnership, an S Corp, or a C Corp.

 

An S Corp is a pass through entity which con not have a profit at year end. Profits pass to the share holders; therefore, the S Corp is not taxed. The C Corp can have a profit and could be subject to double taxation because of this. There are clear advantages and disadvantages to both. Your tax professional should advise you about which would be best for you; however, most tax professionals encourage his or her clients to begin as an S Corp.

 

Some companies promote particular states as the best. Each state has laws that create advantages and disadvantages depending on what you are trying to accomplish. The state filing fee can also be a factor. If you are doing business in a particular state, you may need to file in that state. These are questions that should be discussed with a professional.

 

A registered agent is someone whom you designate to receive official papers for your business. These would include documents related to lawsuits and important communications from the state, such as renewal notices for business registrations. Often, laws or official instructions relating to registered agents refer to their receiving “service of process”, which is a way of saying that registered agents are designated to receive papers relating to lawsuits. You need a registered agent in each state where you are registered to do business. As a rule, this means that you will need a registered agent in any state in which you’ve registered a corporation, limited liability company (LLC), limited partnership, or limited liability partnership (LLP). Your registered agent is “registered” in the sense that you submit a form to the state that “registers” who will be your business’ agent for official—including lawsuit-related—communications.

Each State has different requirements of filing the Articles of Organization. In some States this can be done within a couple of days while other States can take well over a month to complete.

Most entities need to be renewed each year. A few states renew every other year while some states don’t require a renewal but charge a franchise fee and other states charge both. As you can see it is very much a state-by-state issue. At Corp Advantage, we will assist in selecting the right state for you.

There are definitely tax advantages to having an entity. There are some write offs that can be taken in an entity that simply can not be taken personally. Another advantage is that entities have a much lower rate of audit.

Although most states’ LLC laws don’t require a written operating agreement, you shouldn’t consider starting business without one. An operating agreement is necessary because it: 

  • Helps to ensure that courts will respect your personal liability protection by showing that you have been conscientious about organizing your LLC as a legitimate business.
  • Sets out rules that govern how profits will be split up, how major business decisions will be made, and the procedures for handling the departure and addition of members.
  • Helps to avert misunderstandings among the owners over finances and management.
  • Allows you to create your own operating rules rather than being governed by the default rules in your state’s LLC laws, which might not be to your benefit.

The owners of Corp Advantage have hands on experience from helping thousands of clients worldwide. If you want to receive personal service, talk to the same team member every time you call, avoid gimmicks and up-sales, and receive the most comprehensive entity package available at the lowest price, call Corp Advantage now!!