Corb7 International July 17, 2019 Newsletter

International Business

Feature

Benefits of a Pre-Established US Corporation

Shelf corporations in the United States have many profound business purposes. They are frequently used for holding personal or business assets.  Another common purpose for the creation of a shelf corporation is as a turn-key business package that can later be sold to someone who wants to start and operate a company without going through the effort to form a new one.   Others might benefit who may not qualify for a bank loan, line of credit, or government contract because they or their existing company does not have the required credit scores or a two to five year established business history.  By purchasing a shelf corporation, an entrepreneur now instantly owns an established company that has been “in business” for several years without debts or liabilities.

For Non-U.S. citizens, owning a shelf corporation in the United States may enhance privacy and open new markets.  Since the United States is not a participant in the OECD Common Reporting Standards, it is often looked upon as a privacy haven for non-citizens looking to invest here.  The Common Reporting Standard (“CRS”),  was created by the OECD in 2014 pursuant to a meeting of the G-20 nations in Australia and calls for the automatic exchange of financial account information between agreeing jurisdictions. It should also be noted, however, that to open a bank account, Non-U.S. citizens will likely need to travel to the United States and meet with potential banks.

Therefore by owning a pre-established corporate entity, you are able to take advantage of the following benefits:

1. Instant availability & fast delivery

2. Show longevity of company filing

3. Immediately own a company with a filing history

4. Ready for immediate transfer as no stock is currently issued

5. May help when applying for contracts and financing

Financial Times Article

International Business

Business Psychology

Too Busy to Meditate?

We recently came across this video and thought it something valuable to share with our readers.  The mental approach to business is absolutely critical to success. and finding time to meditate has been a path many have taken to lessen daily stress.

International Business

Fraud Alert!

The “Fake Presidents Scam”…
It is Not Political!

Clever and yet simple, this scam is growing in scope and every multinational concern should be aware of it and how it takes place. Here’s how the “Fake President” Scam works:

1. The scammer identifies a multinational company and targets an individual at a subsidiary of the company who has access to company bank accounts. Often it might be a controller or accountant.

2. The target gets an email, a direct phone call, or both from someone claiming to be the chief executive officer or president of the parent corporation. If the target looks them up, the identifying information will be correct.

3. The scammer tells the target that the company is in the process of completing a large acquisition or similar deal that is not yet public knowledge and therefore highly confidential. The scammer also tells the target that he or she may not disclose the information to anyone, not even his or her supervisor.

4. The scammer tells the target that he or she needs “earnest” money, a first deposit, or even greater amounts to secure the deal, and that the target was chosen because of his or her ability to be discrete, and of course, his or her loyalty to the company. Most importantly, the scammer emphasizes that the transfer of money is all very urgent or the company’s competitor may beat the company to the deal.

5. If flattery does not work, the caller/emailer becomes more challenging, and tells the target that if the deal falls through, it will be the target’s fault. The scammer may even threaten the target’s job.

6. The scammer then provides the bank details and the amount to transfer. The employee complies, and the money disappears.

Deloitte Warning

Lifestyle

Executive Fitness

How Certain Nutrients Affect Your Body!

The effects of proper nutrition on the body are profound. When paired with routine exercise, a diet that’s rich in nutrients can lay the foundation for a long, healthy life.

Many people are aware that their bodies need nutrients like protein and carbohydrates every day, but they may not know just what these and other important nutrients do for their bodies.

Proteins

The online medical resource WebMD notes that the body uses protein to build and repair tissues. An important component of every cell in the body, protein provides the body with amino acids that help cells in the body perform various functions. Breastcancer.org notes that proteins help the body create hormones and enzymes and keep the immune system healthy. A diet that’s low in protein may make people more susceptible to illness and result in longer recovery times.

Carbohydrates

The Cleveland Clinic notes that carbohydrates, or “carbs,” are the body’s main source of energy. Carbs are found in most foods, but not all carbs are the same. Foods that contain complex carbohydrates, which include quinoa and oatmeal, are loaded with fiber. It takes awhile for the body to break that fiber down, helping people feel full and stabilizing their blood sugar levels. Simple carbohydrates, which include processed foods such as sugar-sweetened beverages and dairy desserts, are quickly digested, which raises blood sugar levels and contributes to feelings of inflammation.

Water

The body is about 60 percent water, which performs a host of important functions. Water aids in digestion, absorption of nutrients and circulation, and also facilitates the transportation of nutrients through the body. Water also helps the body get rid of waste. WebMD notes that water also helps to energize muscles, which might suffer from fatigue if the body’s fluid balance is not maintained. Water also helps the body maintain a healthy temperature.

People consume protein, carbs and water every day. And while they might not know it, people who continue to do so are helping their bodies perform essential functions that dramatically improve their health.

Lifestyle

International Spirits & Cuisine

Myths About Grilling & Barbecuing Debunked!

Grillmasters and pitmasters work hard to produce mouth-watering fare. Many may develop secret recipes, rubs, sauces, and cooking techniques all in the name of flavorful food.

Certain myths about grilling and barbecuing have prevailed through the years. Such misconceptions may discourage newcomers from picking up their tongs and spatulas. Setting the record straight about common grilling myths can be just what people need to embrace cooking foods over an open flame.

Myth #1: Hosting a barbecue is the same as cooking barbecue.

Fact: Barbecue is the process of cooking foods slowly with low heat, typically in a smoker. Having a barbecue is an informal backyard party where foods cooked over a grill are served.

Myth #2: You can tell the temperature of the grill by placing your hand over the grates.

Fact: Everyone reacts differently to heat, so the best way to gauge temperature is by using a thermometer.

Myth #3: Grilled chicken is done when the juices run clear.

Fact: Even well-done chicken can form juices that are pink-hued. It’s from a protein called myoglobin, according to the book “Meathead: The Science of Great Barbecue and Grilling.” Use a cooking thermometer to learn when poultry is safe to eat, typically at 160 to 165 F.

Myth #4: Marinating is best for grilling and tenderizing.

Fact: It seems that marinades really do not penetrate much beyond the surface of the meat and can keep the outer surface of the food wet, preventing searing and browning. Rubs and salts can be more effective at adding flavor. Serve a dipping sauce for additional flavor if people desire.

Myth #5: Light up the whole grill for best cooking.

Fact: Temperature control is a key component of effective grilling and barbecuing. Having two temperature zones – direct, radiant heat for searing, and an indirect zone for grilling meat evenly and preventing burning – can make food more tasty.

Myth #6: More smoke equals better food.

Fact: When cooking, faint wisps of blue smoke are better because blue smoke is made of tiny invisible particles and gases created by small, hot, fast-burning fires. White smoke generally comes from smoldering wood that is starved for oxygen, states the cooking site Food52. All of that white smoke can affect the flavor of the food.

Myth #7: Oil the grates to prevent food from sticking.

Fact: This may or may not work, depending on the temperature of the grates when the oil is applied. A better method is to oil the food, which will be cold so the oil will keep from burning and cracking..

Lifestyle

Living & Traveling Offshore

The Benefits of Using a Travel Agent

Thanks to the bevy of online booking sites just a few keystrokes away, many would-be vacationers have taken to planning their own vacations. But travel agents still provide valuable services that savvy travelers know can make the difference between an ordinary getaway and one travelers remember for the rest of their lives.

As tempted as travelers may be to book their own vacations, the following are a few of the many benefits of working with a travel agent when planning your next getaway.

· Experience: Many travelers want to explore foreign countries or cities they have never visited when going on vacation, and planning such excursions can be a daunting if not intimidating task. Many travel agents specialize in certain countries or regions of the world, and their experience can remove the stress and intimidation from planning an overseas adventure. Even travelers who are not leaving the country can benefit from the services of a travel agent who can share information gleaned from past clients about places to visit and places to avoid within a given city.

· Support: Travelers who book their own trips via online booking sites or other faceless agencies may have no one to look to for help should something go awry on their trip. But travel agents can be a go-to source should something go wrong with a reservation. Travel agents routinely work with hotel chains and touring groups, and they no doubt have already handled every type of problem travelers may encounter on their trips. That sense of support and security can help travelers rest easier should anything go wrong.

· Perks: Booking a trip yourself may seem like a great way to plan the most memorable vacation possible, but travel agents often have access to perks that travelers who go it alone are not privy to. Travel agents may be able to arrange for room or car rental upgrades at no additional cost or get their clients reservations at exclusive restaurants where travelers who go it alone will be shut out of. These perks can turn an ordinary trip into the best vacation of your life.

· Time: Planning your own vacation is a time-consuming process that can seem like a second job. If you want to go that route and still have a memorable vacation, you should expect to spend hours on end looking for the best deals and the must-see places to visit while simultaneously figuring out a plan to get from point A to point B to point C and so on. Travel agents plan such trips for a living and can speak to you about what you want out of a given trip before they spend the time necessary to tailor a getaway to suit your every need.

· Trends: Even if you do all of your own exhaustive research, travel agents will still likely know more about your potential destination than you will. That’s because travel agents are plugged into the industry in ways that few, if any, outside the travel business can ever be plugged in. If you want a truly unique trip that’s unlike any your friends or family members have ever taken, then lean on a travel agent who’s in the know about the latest trendy hotels or luxury offerings at destinations across the globe.

Many people are tempted to plan and book their own vacations without ever consulting a travel agent. But travel agents are an invaluable resource for travelers who hope their next trip proves to be the vacation of a lifetime.

Business Services

Business Acquisitions

BUSINESS OPPORTUNITIES FOR SALE!

* 112 Year-Old Vintage US Corporation
Established in the year 1907
Price $207,800
Interested Parties Call: +1-310-415-3545