Recent content by Worthing

  1. W

    Corporate Law Avoid minimum franchise tax in corp holding stock

    Thanks for your quick reply :D Actually, I forgot to clarify that my California corporation is an S-Corp, not an LLC. It is also not incorporated in Nevada, it's incorporated in California directly (not sure where the Nevada part came from). But I see that for all intents and purposes your...
  2. W

    Corporate Law Avoid minimum franchise tax in corp holding stock

    Hi, I have a corporation in California, where I am based. I opened this corporation in 2018 specifically to hold a 4.5% shares of a company I helped start in Norway. Since I was just going to be a silent partner and the company founded in Norway would eventually move a lot of money I did not...
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