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If you have enough money, setting up and administering a foundation could be challenging and rewarding.
The bureaucracy involved in setting up and administering the scheme for the purpose of 100 visas is disproportionate.
The bank also offers services in conjunction with BCS, a sister company specialising in setting up and administering offshore companies.
In a typical case, Kenji Oki, a 41-year-old man in Osaka, was arrested on Dec. 14 and accused of setting up and administering a message board, accessible by cellphone, to help adult men meet high school girls.
Karen Shapiro, chief executive of Dedicated DB, a San Francisco firm that specializes in setting up and administering such plans, said that the effort and expense of doing so was daunting, but that for a surprising number of small-business owners, the tax benefits make it worthwhile.
(If you consider using this type of financing to purchase a business, be sure to engage experienced professionals who are familiar with setting up and administering these types of plans, which are subject to compliance with both the Internal Revenue Code and ERISA law).
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The plans are much less expensive to set up and administer than larger retirement plans.
Packaged remote-control programs, on the other hand, take much longer to set up and administer.
The medieval Christian church set up and administered trusts for benevolent purposes.
These plans are more complicated and costly to set up and administer than SEPs, and anyone considering one should see a professional adviser.
There is no suggestion of wrongdoing but the Australian Financial Reviews is reporting he was a former director of a British Virgin Islands company set up and administered by the law firm Mossack Fonseca to exploit a Siberian gold prospect.
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