Why Incorporate in Nevada?
Here are some great advantages you get by incorporating in Nevada:
-No Corporate Income Tax
-No Taxes on Corporate Shares
-No Franchise Tax
-No Personal Income Tax
-No I.R.S. Information Sharing Agreement
-Nominal Annual Fees
-Minimal Reporting and Disclosure Requirements
-Stockholders are not Public Record
But that’s not all! Here are some more benefits!
-Stockholders, directors and officers need not live or hold meetings in Nevada, or even be U.S. Citizens.
-Directors need not be Stockholders and may be nominees.
-Officers and directors of a Nevada corporation can be protected from any personal liability for lawful acts of the corporation.
-Nevada corporations may purchase, hold, sell or transfer shares from its stock.
-Nevada corporations may issue stock for capital, services, personal property, or real estate, including leases and options. The directors determine the value of any of these transactions, and their decision is final.
-Piercing of the Corporate Veil does not happen in Nevada as it does other states.
-Nevada courts have a history of case law protecting the "corporate veil", making it the most difficult in the country to pierce.
-Nevada courts have only pierced the corporate veil once in the last 21 years, and that was due to fraud resulting in harm to a Nevada resident.
-A Nevada corporation may be formed for the sole purpose of limiting a persons liability in any lawful business venture.
-The use of "bearer shares" is not prohibited in Nevada.
There are a vast number of reasons for why incorporating in Nevada will benefit you and your business! Start today and incorporate in Nevada!
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