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Re: A deleted message

Sunday, 07/01/2018 8:30:30 PM

Sunday, July 01, 2018 8:30:30 PM

Post# of 26534
ABWN In Nevada when Calculating the Corporation Filing Fee it is based on Nevada corporations pay a filing fee based on the value of their authorized shares. To calculate the Articles of Incorporation filing fee, you must know the number of shares you are authorizing for your corporation and the par value of those shares.

So if 5 Trillion is accurate ABWN just signed up for the MAX FEE of $35,000!!
If your intention was to really authorize 5 Trillion shares you would logically change your Corporate Domicile to Wyoming where you can have unlimited authorized shares and pay a filing fee for each of these entities of $100.

So $100 or $35,000 for a filing fee??

https://soswy.state.wy.us/faqs.aspx?root=BUS


Authorized shares are the total number of shares you are creating when you form your corporation. These shares will be issued to your shareholders, which makes them owners of your business.

Par value is not the actual value of your shares. Rather, it is the lowest possible price for which the shares can be sold. You do not have to assign a par value.

To calculate the fee:

For shares with par value: multiply the number of shares by their par value
For shares without par value: multiply the number of shares by $1
For shares with both: perform the calculations above for each type and add them together

Next, take your total amount and apply to the chart below.

Authorized Share Value


Initial Filing Fee
$75,000 or less $75
$75,001 to $200,000 $175
$200,001 to $500,000 $275
$500,001 to $1,000,000 $375

Above $1,000,000

First $1,000,000


$375

Each additional $500,000 $275

Max Fee


$35,000


https://www.nevadaresidentagent.com/nevada-business-filing-guide




Nevada SOS has a Certificate of Correction Form for a reason!

https://www.sec.gov/Archives/edgar/data/1425287/000101376210001299/ex32.pdf


Website: www.nvsos.gov
Certificate of Correction
(PURSUANT TO NRS CHAPTERS 78,
78A, 80, 81, 82, 84, 86, 87, 87A, 88,
88A, 89 AND 92A)