Reasons to Incorporate

Nevada’s laws are far more flexible over similar laws in other states and may be the best state in the country to incorporate due to it’s liberal laws that you are allowed to take advantage of!!!

No transfer, licenses, succession, stamp, income, or franchise taxes
No taxes on the residents or non-residents shares of the corporation.
No Annual reports due or needed by the state. Your corporation will remain in good standing by annually filing an updated list of officers for $85, and having a current Resident agent.
Filing fees for articles or new amendments are very low (but do vary on your number of shares) Directors and Stockholders need not be residents of Nevada
Stockholders are not liable for corporate debt
Directors judgement is conclusive as to value of property exchanged for stock in absence of fraud.
Different classes of stock may be issued with varying rights, interest and series.
Bonds or other indebtedness may be issued.
Your corporation may carry on many different types of businesses.
Corporations may be formed quickly (in 24 hours) if needed in Nevada.
The taxation can be elected by the stockholders to be taxed on any profits as individuals (by becoming an S Corp) to avoid double taxation. This can be changed later.
A Corporation is not liable for the debts of a stockholder.
Stockholders are not liable for the debts of the corporation and are not made public!
A Corporation has perpetual existence and is not dissolved by a stockholders death.
Assets owned by a Nevada Corporation are not subject to public disclosure.

Ok for non-resident ownership
Ok for one-person ownership
Ok for foreign ownership
Ok for stockholders to remain anonymous. Sometimes, no business license needed (check)
No inventory tax
No corporate income tax
No stock transfer or sale tax
No minimum cash investments
No stock transfer approval
No state interference

We do not give legal, tax, or insurance advice. Consult with your personal professional for their advice. This information is not intended to solve any person’s problem or situation.

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