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Can't I just live as a shareholder in silicon valley, basing my limited company and shill directors in Alabama, and leasing the limited company software produced by my other company in California?

Requirements:

2 limited companies.

Licensing agreement.

Alabama-based Non-executive directors (cousin Ed and Chuck).




Then your other company in California have to post the bond. The software has nothing to do with it.


The company in California produces software components. It is not involved in any financial transmissions whatsoever. That is my point.


Then as long as you don't transfer money in California, you're fine. If you do, you need a license. Note the part of the law that refers to the travel costs incurred to get an inspector to whatever part of the country you domicile the business-end of your business in.




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