Hi, I'm a US resident with an unusual situation. I need a way to receive and hold money in an anonymous entity, either a company or trust, and then just distribute a portion of it to myself. Basically I want to set up a business, but I can't appear to be an owner or shareholder in that business, or it will cause problems for me. I can, however, receive money up to a certain amount from that business, and the business can own assets that I could utilize.
As best I can figure out, I need to set up a shell company where my involvement is kept anonymous. I'm not a terrorist or money launderer; I do freelance writing, apparel sales and have Amazon affiliate income etc. I'm not even trying to avoid paying taxes; I'm fine with the corporation paying taxes on the profit it makes. However, if the government could see I was the company owner, they would count the full income as mine and I would lose essential health benefits I need to survive. These benefits would cost me $4000/mo otherwise and are not covered by any private insurance.
My questions are: Would a shell company solve this problem? If so, where's the best/cheapest place to set one up? And how do I get a bank account for the shell company without my name being listed on it where the government can see?
As best I can figure out, I need to set up a shell company where my involvement is kept anonymous. I'm not a terrorist or money launderer; I do freelance writing, apparel sales and have Amazon affiliate income etc. I'm not even trying to avoid paying taxes; I'm fine with the corporation paying taxes on the profit it makes. However, if the government could see I was the company owner, they would count the full income as mine and I would lose essential health benefits I need to survive. These benefits would cost me $4000/mo otherwise and are not covered by any private insurance.
My questions are: Would a shell company solve this problem? If so, where's the best/cheapest place to set one up? And how do I get a bank account for the shell company without my name being listed on it where the government can see?
