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Old 10-06-2008, 04:26 PM  
fusionx
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Join Date: Nov 2003
Location: Olongapo City, Philippines
Posts: 4,618
Quote:
Originally Posted by StarkReality View Post
Seeking legal and accounting counsel is certainly a good idea. It sounds great and tempting, but there are always two problems:

1. There are nominees to front for you who are in control of your money. Remember, officially it's not you running the company and it's not your money. If things go wrong, you are fucked..
They don't need to have access to your bank accounts, and the bank accounts do not always have to be in the company's name. You can file documents to accept payments on their behalf. The nominee part should not be a problem if you use a competent attorney to incorporate.
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