Why should you incorporate your business in Nevada?

Even if you are operating a corporation in another state already, here is information that you will find interesting about the substantial advantages of incorporating your business to Nevada LLC while keeping the costs minimal.

There are three methods of incorporating a business in Nevada that you can choose from. The first is hiring a lawyer to do it for you which is a very costly option. The second is walking to the office of the State Department and do it yourself or lastly use a dedicated, cost efficient professional incorporation company.

Why incorporate in Nevada?

* No Taxing of Corporate Shares
* No Corporate Income Tax
* No Personal Income Tax
* No Franchise Tax
* Nominal Annual Fees
* No IRS Information Sharing agreement
* Stockholders are not on Public Record
* Minimal Reporting and Disclosure Requirements
* Directors need not be Stockholders
* No residence requirements
* Directors and officers are not liable for the corporation’s affairs
* A Nevada corporation may hold, purchase transfer or sell shares of its own stock.
* A Nevada corporation can issue stock for services, capital, real estate or personal property including options and leases. The directors determine the value of these transactions
* Directors’ decisions are final.