Offering Advice & Services to Traders | Investors | Funds
Offering All the Services You Need to Set Up a Delaware Company
Customer Testimonial Hannah Terhune and her associates have provided legal advice and services to me for over a year. She provided initial guidance to help determine the kind of fund most suitable for my goals, created the legal documents that are the framework for my hedge-fund, and assisted with ADV submissions to register my company as an Investment Advisor. I continue to rely on her for ongoing compliance issues in this complex and dynamic industry. I found Ms Terhune and her associates to be extremely knowledgeable and helpful in a very responsive way, with friendly and professional manners. Overall a very good experience. Highly recommended. Marty Cawthon ChipChat Technology Group
Which U.S. States Are Best for Business? According to the Tax Foundation, the Top 10 are, in order: Wyoming, South Dakota, Nevada, Alaska, Florida, Montana, New Hampshire, Texas, Delaware and Oregon. The ranking is based on business taxes, corporate tax, individual income tax, sales tax, unemployment tax and property tax. The Tax Foundation has monitored tax policy at the federal, state and local levels since 1937. The full report, Tax Foundation Background Paper No. 57, and the full 50-state rankings, are available here.
Should I Incorporate in Delaware? Yes. Hedge funds have a significant separation of ownership and control. For this reason, hedge fund, private equity, and venture capital fund managers use Delaware limited liability companies and limited partnerships. Hedge fund, private equity, and venture capital fund managers need access to the well-developed fiduciary duty standards of Delaware company law----helpful when there is a division between ownership and control of a business. Delaware General Corporation Law is the best in the United States. The reason why Delaware company law is the best in the United States flows from the fact that Delaware has a sophisticated and efficient Court of Chancery which focuses solely on corporate cases. Moreover, Delaware has a reputation of being management friendly when adjudicating disputes shareholders and and management. Given the depth, predictability and friendliness of Delaware's body of company law decisions, Delaware-based hedge fund, private equity, and venture capital fund managers are better positioned to anticipate fiduciary duties to investors.
Business Services Offered We provide company formation and administrative services, including
Incorporation of companies
Maintaining a registered office
Establishment of of various entities, including corporations, limited partnerships, general partnerships, limited liability companies, business trusts, and other companies
basic accounting services
Maintaining the corporate registers and attending to filings
Guidance and support continues through the issuance of securities
Preparation of company minutes and resolutions, and
Assistance with change of control and related matters involving governance of the entity
Supervision of bank accountsprovision of nominee shareholders
Custodial service for bearer shares in companies
In some circumstances, provision of directors
Co-ordination/supervision of director/shareholder
Why do I need a registered agent and a registered office? A registered agent is a representative appointed in a business entity's corporate registration documents with responsibility to accept: service of process, annual reports, tax notices, and official agency correspondence intended for the company. As the statutorily required company representative "to receive and forward any legal service of process served on the entity during litigation," a registered agent's primary responsibility is to forward service documents to the appropriate contact within the company in a timely manner. The requirement to maintain a registered agent is a matter of consumer protection. State laws require a registered agent to ensure a company representative is easily accessible to a process server to accept Service of Process in case the company is sued.
A business entity should maintain a registered agent who is reliable and experienced. Many business entities will not appoint an employee or company officer as their registered agent as they usually have no experience in legal matters. If service material is not handled in a timely fashion it could result in a default monetary judgment against the company. Laws require a corporate entity to name a registered agent in their corporate documents. A registered agent must always remain on record or the entity could be administratively dissolved. Laws require the registered agent to be physically located in the state of business with a street address for accessibility. Post office boxes are not allowed.
A registered agent should maintain accessibility to their physical location during normal business work hours without closure, except holidays. In most states, a registered agent can be an individual or business entity, however, a business entity cannot act as its own registered agent. Annual reports, tax notices and other official correspondence are also forwarded to the registered agent in many states, so domestic entities should also retain a registered agent to ensure important documents are properly received and handled. Failure to file an annual report could cause the company to lose its good standing and liability protection. What is Service of Process? Service of Process (SOP) is a legal procedure used most commonly to notify a defendant that a law suit has been initiated against it by a suing party (plaintiff). Service documents usually consist of a summons and complaint. The summons serves as official notice that a suit has been initiated against a defendant and compels a response to the claim within a certain time frame after service documents are accepted by a registered agent, usually 20 days. If the defendant fails to respond timely, the court may find the defendant in default and award a judgment in favor of the plaintiff.
Do you have questions? You get answers to your specific questions by speaking directly to Hannah Terhune, an experienced attorney. Her hard won wisdom can save you a lot of unnecessary steps and wasted effort. The consult is a valuable opportunity to speak to Hannah one on one to learn how to achieve more in less time. The return on your investment more than makes up for the cost by helping you to avoid costly mistakes. Modest fees are a necessary part of the consultation. Many years of study and training go in to be able to make a sound, informed and ethical opinion about business plans. The expertise required to recommend solutions and provide advice should not be taken lightly. When you are finished with your consultation you will be more informed about your business plans than ever before. Call (307) 213-4732 or Click Here to Request Services
U.S. Bank Accounts If you need a bank account in the U.S. you must either come to the United States so the bank can verify your ID, in person. We can direct you to a large national bank that may open an account for you without coming to the United States. How to Get Started We accept MasterCard, Visa, American Express, Checks, and Wire Transfers. If you are not located in the United States or are not a U.S. Citizen and need a U.S. company, we can establish one for you. You do not have to be a U.S. citizen to own a C-Corporation or LLC. We will need your contact information, the name that you want to use for your company, who is going to be the director of the company along with a scan of that person's passport and payment. The only limitation is that you can not start an S-Corporation. We can have the company established and the IRS tax number issued within 7 business days. The costs are the same for you as they are for anyone else, except for the cost of shipping via International FedEx service so that you can get the package in a timely manner.
Please note, we can not establish companies for you if you are from Cuba, Iran, North Korea, Sudan, Western Balkans, Burma, Liberia, Zimbabwe or if your name appears on the OFAC list of blocked persons or companies.
Customer Testimonial I would like to state unequivocally that I have had a completely positive experience in dealing with Capital Management Services Group. Truly, from the first phone call that I made to Capital Management, to the conference call that was arranged with Hannah Terhune, the time she took in answering all of my questions, and, finally, to the follow-up by Amy Hong. My case involved the establishment of a Forex Incubator Fund, and was thoroughly handled. Hannah Terhune responded promptly to my subsequent phone calls and Amy Hong is absolutely 100% efficient. I, certainly, plan to enlist Capital Management's services for my legal needs in the future concerning fund management. I would rate my experience and results 5 out of 5 stars! Totally satisfied, Rxxxxxx Sxxxx, Sept.22, 2010
Customer Testimonial I had a tremendous experience with Hannah and the Capital Management Group. They were timely, courteous, and extremely knowledgeable; and, if Hannah was busy, Michelle made quick work to resolve my problems. I will invariably use CMSG in the future for all my hedge fund needs! I can't thank Hannah enough for making my dream of a hedge fund come to fruition. William B Hoagland, Trend Discovery Capital Management. July 06, 2011
Why Hire Us? We advise individuals on hedge fund startups worldwide. We are experts on investment adviser law, hedge fund law and forex and managed futures fund law. We handle state investment adviser registrations, SEC investment adviser registrations, U.S. hedge fund formations, foreign hedge fund formations, forex fund startups, managed futures fund startups, commodity pool formations, NFA registrations, international hedge fund formations, and investment manager registrations in many countries.
More Reasons to Hire Us When you engage us for hedge fund you get a unique combination of securities, tax, and international experience, focused on the trader niche. We have established a leadership position with traders. We are one destination for all your very special hedge fund and trader tax needs. We think we have the best set of offering documents based on the current and ever changing federal, state and offshore securities, commodities, and tax laws. We aim and deliver quick turnaround times, because we understand that our customers want to begin their money management business as soon as possible. We conceive, structure, and deploy the best tax saving strategies into your hedge fund vehicle (for the benefit of the manager and their investors) and your management company. Investors value tax-savings strategies and we utilize all our special knowledge and ideas in this area. Our customers value our one-stop relationship. We will help you start your business and continue to assist you. Our tax services division handles accounting, software, and tax compliance, including all tax matters (tax planning and tax returns). Only one thing counts with us and that's our customer relationships!
CapitalManagementServicesGroup.com is recognized by discriminating fund managers and traders as being the foremost tax and legal authority in the business. Attorney Hannah Terhune's education and experience are unsurpassed in the area of hedge funds creation and management platforms, and the complex body of tax laws related thereto. Ms. Terhune's exensive knowledge and experience have made her an indispensable resource for serious fund management and trading professionals. Ms. Terhune's articles on the subjects have appeared in over 100 publications worldwide. Chances are, if you have read about the above matters, Ms. Terhune has written about them. Give us the opportunity to use that knowledge and experience for you. CMSG provides the best services and support needed for hedge fund projects and associated activities in one convenient place, saving you time and energy. No need to coordinate work between different firms; we handle the entire process from start to finish. We offer hedge fund and money management accounting, tax services, tax preparation, consulting, entity and retirement plan formation services. Our professionals provide the highest quality services at competitive rates. But don't take our word for it, give us a call and let us prove what we can do for you. Read our Customer Testimonials and learn more About Us.
Personal Consultations and Fees You get answers to your specific questions by speaking directly to Hannah Terhune, an experienced hedge fund attorney. Ms. Terhune's hard-earned knowledge and experience can be put to work to save you unnecessary steps and costly wasted effort. The consult is an invaluable opportunity to speak to Hannah one-on-one, and learn how to achieve more in less time. As a result, you can anticipate that the return on your investment will far outweigh the costs associated with our unsurpassed services. Of course, fees are a necessary part of the consultation. Ms. Terhune's credentials reflect an invaluable resource that combines a well-informed professional practitioner with sound ethical judgment that cannot be over-estimated. The expertise required to recommend best solutions and provide sound advice should never be taken lightly. We are confident that when you are finished with your consultation, you will be impressed and more informed about your business plans than ever before. Call (307) 213-4732 or Click Here to Request Services. Our Commitment Henry David Thoreau wrote: "Do not hire a man who works for money, but him who does it for love of it." We are committed to your business plans and bringing you the best possible options. We are an established and internationally recognized business that serves and educates our clients throughout the industry. We do this by striving for the best results. Above all, we are a law firm. A lawyer is a philosopher and role model. The ability to improve our clients' lives is a privilege that we do not take lightly. There is tremendous power in being able to effect a positive change in our clients' lives. Our aim is to welcome our clients and to provide a comfortable, warm environment for all. We believe that making our clients feel comfortable and confident with the process provides the basis for a constructive relationship built on mutual trust. time. Thanks for visiting our website. We hope to have the opportunity to serve you.
