Why Do You Want To Choose Nevada?
- No Corporate Income Tax
- No Unitary Tax
No Estate Tax
- No Taxes on Corporate Shares
- No Franchise Tax
- Minimal Employer Payroll Tax – 0.7% of gross wages with deductions for employer paid health insurance
- No Personal Income Tax
- Nominal Annual Fees
- No Franchise Tax on Income
- No Inheritance or Gift Tax
- Competitive Sales and Property Tax Rates
- A Nevada corporation may purchase, hold, sell or transfer shares of its 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
- Active judicial participation in settlement
- Brochure development
- Priority for hearing settings to avoid business disruption
- Advertising and public relations support
- Predictability of legal decisions in commercial matters
- Early comprehensive case management
Officers, directors and stockholders do not even have to be U.S. citizens. Shareholders can hold meetings anywhere in the world, and there is no minimum capital requirement.
The conceptual ‘corporate veil’ separates an individual’s personal assets from their business liabilities. In this country’s litigious society, the threat of a lawsuit is never far away. The corporate veil provided by a Nevada corporation has only ever been pierced in the case of outright fraud. In 2007, Nevada passed one of the strongest asset protection laws in the country, protecting shareholders from losing their shares to satisfy a judgment.
You don’t actually have to come to Nevada to set up your business entity – We do it all for you. A Nevada corporation or a Nevada LLC can operate your business from anywhere so it does not matter where you live.
All these different entities carry with them specific implications for tax and asset protection that should be considered carefully before deciding how to structure a company.
Every circumstance is different – one size certainly does not fit all!