Advantages of Incorporating in Florida

1. No Tax on personal income.
2. No Franchises Tax.
3. No Tax on Corporation Income.
4. No Taxes on Corporate Shares.
5. No Information Sent to the IRS.
6. No state Tax Reports.
7. Shareholder Confidentiality.
8. Low initial filing fees.
9. Low annual renewal fees (less than $100 for now).
10. One Person Incorporation. Imagine.
11. No minimum capital requirements
12. Ownership of Multiple Corporations by one Person.
13. No Residency requirements for Officers or Shareholders.
14. Board of Directors are not required to be shareholders.
15. A Florida Corporations may Trade its own shares.
16. Unlimited stock is allowed, of any par value.
17. The Board determines the value of the shares.
18. Bearer Share Certificates.
19. Hold Corporate meeting Anywhere! Imagine.
20. Except for fraud, the "Corporate Veil" has never been pierced.
21. Assets in the corporation are protected from personal legal judgments.
22. It is impossible to prove ownership of a Florida Corporation.
23. What a good excuse to go Play!!!