- Why Incorporate in Nevada?
Incorporating in Nevada represents an exciting opportunity for many to protect their personal assets from the perils that exist in doing business today. Incorporating is also an excellent way for many to gain possible tax savings and other benefits.
No State Corporate Income Tax for Nevada Corporations
No State Taxes on Corporate Shares
No State Franchise Tax for Nevada Corporations
No State Personal Income Tax for Nevada Corporations
Low Annual Fees 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 can be protected from personal liability for lawful acts of the corporation.
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. Some states make a major item out of the fact they recognize S-Corporations. The status of a corporation as an S-Corporation really has no significance to the corporate owners if the state has no income tax. In Nevada, whether you have a Nevada S-Corporation or not really doesn't matter to the Nevada Department of Taxation since allocation of taxable income from corporations to the individual has no effect on the state's revenue. With Nevada corporations, you do not have to divulge information such as the date appointed for the next annual meeting of the stockholders or directors. When you Incorporate in Nevada you are not required to list places of business outside Nevada. With Nevada Corporations, Nevada does not require notification of stock issued or stock transfers, names of stockholders, etc. Clearly the best place to incorporate is Nevada...the state of the future...the frontier state with new horizons...the fastest growing state in the nation. The smart move is to keep in step with progress, to turn from the old to the new. The state of Nevada offers maximum flexibility, maximum privacy, and a minimum of regulation and red tape. |
