Why incorporate in Nevada?
For many reasons, Nevada is one of the best places in the United States to incorporate. Nevada has excellent asset protection and privacy laws, minimal reporting requirements, close proximity to the major California market, good road and air transportation connections and a business-related infrastructure that continues to attract major businesses such as Starbucks, Barnes & Noble and amazon.com.
Nevada Incorporation Package
The Sutton Law Center’s Nevada Corporation, LLC and LP formations are complete and include the following:
- All initial organizational filings with the Nevada Secretary of State (state filing fees are in addition)
- One-year of Corporate Direct member benefits
- One full year of Nevada resident agent service
- Preparation of Bylaws, Operating Agreement or Limited Partnership Agreement
- Initial Meeting Minutes
- Issuance of Stock, Membership Interests or Limited Partnership Interests
- Corporate Minute Book
- Corporate Name Check
- Instructions and forms for obtaining a Federal Employer Identification Number (EIN)
- Our $49 book, Bulletproof your Corporation, Limited Liability Company and Limited Partnership
You get all of this for $695 each (plus applicable filing fees). If you form three or more entities with us, the price per entity is $595 each (plus applicable filing fees).
Asking the Business Question: What Makes Nevada a Great State for Incorporation?
Corporate Shareholder Privacy
Nevada does not share shareholder information with the IRS. Nominee officers and directors can be provided to further enhance privacy.
Nevada’s asset protection laws are strong and the corporate veil is not easily pierced.
Directors, officers and shareholders do not have to live in or hold meetings in Nevada. Telephone meetings are permitted. One person may hold all director and officer positions, and directors/officers do not have to be stockholders. Nevada law also allows for various classes of stock and debt, securities and voting restrictions, rights and preferences to be included in the articles and bylaws. These and other favorable features of Nevada corporate law provide for great corporate flexibility and ease of maintenance.
No minimum capital contribution is required to incorporate. A total of 75 million shares may be authorized without the payment of additional fees. Shares may be issued not only for money or assets invested, but also for personal services, leases and options granted, and personal property. In addition, a Nevada company may purchase, sell, hold or transfer shares of its own stock.
Recent Nevada Corporate Laws You Need to Know
- Bearer Shares Outlawed
- Ownership Disclosure Procedure Instituted
- Stronger Asset Protection for Corporations
The Nevada legislature made some significant changes to Nevada’s Corporation Code in a recent session. You need to know these new rules. The biggest changes, which became effective July 1, 2007, are discussed here. As is often the case, the rules and regulations used to carry out the new laws are being implemented over time, and we will keep you informed of them as they arise. Click here to read the full article.