Oct 21 2011
After doing business in California or other states you will be pleasantly surprised how Nevada is a REALLY business friendly state. No personal state taxes, no corporatestate taxes, no state franchise tax. Minimum bureaucracy. Nevada offers privacy! Shareholder names are not in public records.
- No corporate income tax
- No taxes on corporate shares
- No franchise tax
- No personal income tax
- No IRS information sharing agreement
- Nominal annual fees
- Minimal reporting and disclosure requirements
- Stockholders are not public record
Stockholders, directors and officers need not live or even hold meetings in Nevada, nor be U.S. citizens.
Directors need not be stockholders.
Officers and directors of a Nevada corporation can be protected from personal liability for lawful acts of the corporation.
A Nevada corporation may purchase, hold, sell or transfer shares of its own stock.
A Nevada corporation 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.
Your company must be located and doing business in Nevada to get the full advantages of Nevada’s business-friendly environment.