Nevada Corporation
Incorporating in Nevada allows a
company to protect the individual members from liabilities the company itself
may incur. Nevada Corporations have no business income tax, corporate shares
taxes, state corporation tax, franchise tax, or inheritance tax. Also, Nevada
corporations do not have to file state tax returns and their share information
is held private. Any individual or nominee, as a Director or Officer in a Nevada
Corporation, is protected from personal liability for acts committed on behalf
of the Corporation, by the Corporation.
Determining whether or not a Nevada
Corporation is the right configuration for your situation is a decision to be
based upon many important factors. Talking to a qualified expert is a must in
this situation.