Smart Tech is a simple platform that focuses exclusively around brand-new and mainstream and name
brand electronics from around the world. The business provides competitive bottom-line prices with
major electronics retailers.
The business will continuously strive to better meet the needs of its customers through customer support,
exceeding expectations and delivering its core value of extremely competitive prices for high-quality
products. Its key vision is to obtain a cost leadership position and deliver the most affordable mainstream
electronics, with a focus on the North American market.
Smart Tech will be registered as Limited Liability Company in the state of Delaware, for strategy taxation
purposes. The state of Delaware does not have variable corporate income taxes, for companies that are
not operating within the state of Delaware. The state of California, in contrast, has a corporate tax system.
The business is legally classified under auctions, within the Internet retail sector, corresponding index with
the code: 454112.
The company is structured as Limited Liability Company to insure protection of personal assets, which
keeps the member's liability limited. When company is formed its separate legal entity and then members
are not personally liable to pay anything, in case of company's default. It means Creditors will not compel
the members and owners to pay from their personal assets like their personal Bank, house, etc. to pay
business debts ("Distribution of assets," 1994).
Mr. Basil, 20.05%
Mr. Kurt, 16.10%
Mrs. Jessica, 15.25%