What are the advantages of a Nevada Corporation?
Anyone may form a corporation in Nevada without ever having to visit the state. Nevada has kept its fees low and is one of the friendliest states to corporations. Indeed, over 50% of all companies listed on the New York Stock Exchange are Nevada Corporations. • Names and addresses of initial directors need not be listed in public records. • The cost to form a Nevada corporation is among the lowest in the nation. The annual fees compares favorably with that of most other states. • Nevada maintains a separate court system for business, called the “Court of Chancery.” If legal matters arise involving a trial in Nevada, there is an established record of business decisions. • No minimum capital is required to organize the corporation and there is no need to have a bank account in Nevada. • Just one person can hold all the offices of the corporation: President, Vice President, Secretary and Treasurer. • There is no state corporate income tax on Nevada corporations that do not operate within
