Loan Outs & Corporations
We are very familiar with creating and implementing “Loan Out Corporations”. The term loan out is used in the entertainment industry. It comes from the fact that your corporation is loaning out your services, usually to production companies and/or studios. For example, you are an editor with your own corporation and your corporation enters into an agreement with a production company or a studio to loan out your editing services to them. Thus, the term loan out corporation is used.
We have created and set-up many loan out corporations and regular corporations for various clients. Essentially, we do everything for you; from getting you the Articles of Incorporation, Minutes, By-Laws, the required federal and state tax I.D. numbers, making the S Election, getting you the required city business license and etc. you receive all these services for a very reasonable price.