On Friday, March 13, 1987,
Governor Bryan signed legislation that sent the message to
all corporations and aspiring entrepreneurs: "Come to
Nevada!" The new law protects directors and officers
from personal liability for acts committed on behalf of the
corporation or by the corporation. Because jurisdiction for
the corporation is in the state in which it is incorporated,
this new law makes Nevada the preferred state in which to
incorporate. Nevada has the most favorable corporate laws
in the United States. It has the highest degree of privacy,
and Nevada is the only state in the U.S. that does not share
information with the Internal Revenue Service.
Nevada is the best state in which to incorporate, hands
down. Nevada has:
- No Taxes on Corporate Shares
- No Franchise Tax or Gift Tax
- No Business and Occupation Tax
- No Stock Transfer Tax
- No State Personal Income Tax
- No I.R.S. Information Sharing Agreement
- Nominal Annual Fees
- Minimal Reporting and Disclosure Requirements
- Stockholders are not a matter of Public Record
- Law requires only one director (you can have a corporation
with only one person involved)
- Directors can change bylaws
- No minimum capital is required
- Only officers, directors, and resident agents are disclosed
Additionally, neither stockholders, directors, nor officers
need to live or hold meetings in Nevada, or even 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. Nevada corporations may
purchase, hold, sell or transfer shares of its own stock.
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 decisions are final.
How
to Establish a Nevada Corporation
Make
it Work for You
Corporation
in Good Standing is Simple
Your
Nevada Corporation; A Separate Entity
Nevada
vs. Delaware; A Comparison
Nevada vs. Delaware; A Comparison
Nevada Corporations have proven effective over time by thousands
of clients from literally every state in the union and around
the world. Our major emphasis at Corporate Armor is on developing
Nevada Corporations, which we believe should be the cornerstone
of every smart business. We also offer clients personalized
strategies to enhance security, earnings and/or estate preservation.
Are You Ready? Incorporate
in Nevada Online Now
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