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How to Hide List in the Personal/Corporate Guarantee

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Hello friends very warm welcome to uh easy GST for you I am your host Girish Kulkarni and today we are going to discuss another important uh and interesting aspect of Bank guarantees or guarantees in particular we know that in any case of borrowings nowadays guarantee is a common procedural part that is followed by most of the financial institutes including Banks and bfcs Etc so what is the the treatment of such guarantees as far as the provisions of GST law are concerned uh that we are going to discuss in this particular video so whether the guarantees those are usually given by holding company for borrowings of subsidiary company or maybe the directors of a private limited to that particular of the for the borrowings of that particular private limited company whether those are treated as taxable transactions in GST regime so that is the question under consideration so we know that in GST Supply is a taxable event and to qualify something as a supply there are certain parameters which

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Below are some common questions from our customers that may provide you with the answer you're looking for. If you can't find an answer to your question, please don't hesitate to reach out to us.

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Which states have anonymous LLC?

States known for their privacy include Delaware, Wyoming, New Mexico, and Nevada. Having an anonymous LLC can prevent unwanted individuals from having access to your private information. One reason Delaware, Nevada and Wyoming are known for privacy is that they all allow for nominee services.

How do I get out of a personal guarantee loan?

How do I get rid of a personal guarantee? A personal guarantee may be revoked if the guarantor and lender agree, in writing. Its also possible that debts enforced by a personal guarantee may be discharged in bankruptcy.

What is the best state for anonymous LLC?

New Mexico This is the only state that does not require disclosure of the ownership of an anonymous LLC to the state, which means your business can expect the strongest privacy and confidentiality. Delaware, Nevada and Wyoming do require identification of owners to the state.

What is the best state to incorporate for privacy?

Nevada, Wyoming, and nominee service: Nevada and Wyoming are two states that alongside Delaware are considered incorporation heavens due to combination of favorable laws and other factors. Among other things both states permit what is called nominee service.

How do you get around a personal guarantee?

How to Limit a Personal Guarantee Refuse to sign or simply cross out the guarantee language. Define when the personal guarantee would go into effect. Decrease personal guarantee with improved business performance or passage of time. Limit a guarantee. Revoke old guarantees. Suggest terms of relief.

What is the best way to hide ownership of a company?

An anonymous limited liability company (LLC) is one that hides all ownership information. This can be done by creating an anonymous LLC in a state that allows it and then using a different person to register it. The secrecy jurisdiction keeps company information anonymous.

What invalidates a personal guarantee?

An otherwise valid and enforceable personal guaranty can be revoked later in several different ways. A guaranty, much like any other contract, can be revoked later if both the guarantor and the lender agree in writing. Some debts owed by personal guarantors can also be discharged in bankruptcy.

How do I track ownership of a company?

4 Ways to Look Up LLC Owners Search State Databases. LLCs submit articles of organization and other public filings with the states Secretary of State office or a comparable state agency. Submit a Public Information Request. Check the Company Website. Dig into Alternative Public Records.

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