Why Nevada


WhyNevada.com
Nevada is the most popular state for small business filings in the US. Why? Nevada has unique "business friendly" laws that enable small businesses to operate more efficiently and profitably. Here are a few of the advantages Nevada offers:

  • Nevada Provides Strong Personal Liability Protection to Officers & Directors - unlike many states, Nevada codifies the business judgment rule that gives both Officers & Directors broad discretion and protection.
  • A further benefit of incorporating in Nevada is that some of the taxes and filing fees paid by a Nevada corporation are lower than the comparable taxes in other states. According to the Tax Foundation, Nevada has the #2 best tax climate for businesses. The following is a list of tax benefits enjoyed by Nevada corporations:
    • No Corporate Income Tax
    • No Taxes on Corporate Shares
    • No Franchise Tax
    • No Personal Income Tax
    • No Franchise Tax on Income
    • No Inheritance or Gift Tax
    • No Unitary Tax
    • No Estate Tax
    • Competitive Sales and Property Tax Rates
  • Nevada has business courts that specialize in business litigation making outcomes more predictable and fair.
  • Nevada allows decisions by written consent - formal meetings are not necessary.
  • Nevada allows nominee officers and directors - you can keep your involvement with a Nevada business private and out of the public records.

The Nevada Secretary of State, Ross Miller, created a special website (www.whynevada.com) that goes into great detail why Nevada is the premier state in the US for filing entities. Even if you do business in your home state, you almost always file your business in Nevada and simply register the business in your home state. Contact us to see if Nevada is right for you.

Contact Us
Request a FREE Consultation