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Why Form a Business in Nevada?

Nevada (often called the “new Delaware”) currently has what is considered to be the most favorable business entity laws in the United States which provide real advantages to businesses of all types. Some of the advantages over many other states of forming a Corporation or Limited Liability Company (LLC) in Nevada include:

  • No State Corporate Income Tax
  • No State Taxes on Corporate Shares
  • No State Franchise Tax
  • No Personal Income Tax
  • No Internal Revenue Service (IRS) Information Sharing Agreement
  • Relatively low Annual Fees
  • Minimal Reporting and Disclosure Requirements
  • Stockholders are not Public Record (i.e., bearer shares are allowed in Nevada) (maintaining maximum Stockholder anonymity & privacy)
  • Only one person is needed to create and maintain a legal Corporation or LLC
  • Stockholders, directors and officers need not live or hold meetings in Nevada, or even be U.S. citizens
  • Directors need not be stockholders
  • Officers and directors of a Nevada corporation or LLC can be protected from personal liability for lawful acts of the corporation or LLC
  • Nevada corporations may purchase, hold, sell or transfer shares of its own stock
  • Nevada corporations may issue stock for capital, services, personal property, or real estate, including leases and options.

The directors may determine the value of any of these transactions, and their decision is final.

Form a Nevada LLC Online
Form a Nevada Corporation Online