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Thread: Corporate card with no personal liability
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Old Feb 8, 2005 | 11:36 am
  #2  
Don in LA
 
Join Date: Dec 2002
Location: Los Angeles, CA
Programs: HH Diamond
Posts: 347
1. Incorporate.
2. Sufficiently capitalize your company.
3. Follow corporate formalities.
4. Don't commingle your personal and corporate funds.
5. Apply for a mileage-earning corporate credit card. Get it.
6. Spend to your heart's content, so long as you follow rules 2-4, above.
7. Presto, you now have a mileage-earning corporate credit card with no personal liability.

(Of course, this post is not intended to provide legal advice to the OP or anyone else. YMMV.)
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