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Reasons for
incorporating
in Nevada:
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Officers and directors of a Nevada corporation can be protected from personal liability for lawful acts of the corporation. New protections passed by Nevada!
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No state corporate income tax (unlike Delaware, which levies an 8.7% tax on corporate profits within Delaware)
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No state taxes on corporate shares
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No state franchise tax
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No state personal income tax
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Nominal annual fees
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Stockholders are not public record
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A single individual may be the Director, President, and Secretary-Treasurer
Need even more reasons to incorporate in Nevada? Try these:
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Stockholders, directors and officers need not live or hold meetings in Nevada, or even be US citizens
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Directors need not be stockholders
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Nevada corporations may purchase, hold, sell, or transfer shares of their own stock
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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
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24-hour expedited corporate filing
Source: Secretary of State, State of Nevada
Nevada Enacts
New Limits on
Liability of
Directors, Stockholders,
and Officers
(July 1, 2001)
| "Section 1. Chapter 78 of NRS is hereby amended by adding thereto a new section to read as follows:
1. Except as otherwise provided by specific statute, no shareholder, director or officer of a corporation formed under the laws of this state is individually liable for a debt or liability of the corporation, without regard to whether a court determines that the stockholder, director or officer should be considered the alter ego of the corporation or that the corporation fiction of a separate entity should be disregarded for any other reason, unless: ( a) Otherwise provided in an agreement to which the stockholder, director, or officer is a party; or ( b ) A court of competent jurisdiction finds by clear and convincing evidence that; (1) The corporation is influenced and governed by the stockholder, director or officer; ..."
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These important
new protections
for Nevada corporations
became effective
on July 1, 2001.
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