Why Incorporate in Nevada

There are many reasons why incorporate in Nevada is a good idea for many large corporations. There are also a few reasons why not to incorporate in Nevada. We will discuss the benefits and advantages of incorporating in Nevada below. Nevada has long been a popular state for companies to incorporate in. Nevada corporations have been known to offer tax advantages, asset protection benefits as well as lawsuit protection for the corporations and their officers, directors, shareholders, employees as well as agents. So, why incorporate in Nevada?

The advantages of incorporating in Nevada

Below are the reasons for incorporating in Nevada. The pros of incorporating in Nevada far outweigh the cons of incorporating in Nevada.

Incorporate in Nevada and pay no taxes

The first and most important benefit of why incorporate in Nevada is popular is the no tax statute of Nevada for corporations. Nevada corporations do not have to pay:

• corporate franchise tax
• corporate income tax
• estate or inheritance taxes
• gift taxes
• inventory taxes

Out of state directors and officers of the corporation

Directors and officers of a Nevada incorporation company do not have to live in Nevada. The corporation does not have a physical presence in Nevada as long as there is a registered agent in Nevada. This is the same if the business incorporates in other states such as Delaware or Wyoming.

Shareholder privacy

Corporations incorporated in Nevada don't have to make the name of their shareholders public. List of shareholders' names are not public records for Nevada corporations.

<< Previous    [1]  2    Next >>