NEVADA CORPORATIONS $298

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WHY SHOULD I
INCORPORATE IN NEVADA?

18 REASONS NEVADA IS THE JURISDICTIONAL CHOICE FOR AMERICAN INCORPORATION

1. Ease of Formation
   When you incorporate a business in Nevada, the Nevada corporation can be formed through phone, fax or internet at Red Rock Corporate Solutions every business day.
    
2. Remote Operation and Ownership
   You do not have to reside in Nevada or even be a US citizen to possess and incorporate in Nevada. Through Nevada incorporation you can also control the corporation namelessly.
    
3. Nevada Corporations are State Tax Free
   No:
   Corporate income tax
   Franchise tax
   Capital stock tax
   Tax on corporation shares
   Estate tax
   Inventory tax
   Personal income tax
   Stock transfer fee or Inheritance tax
   Gift tax
    
4. State Record Privacy
   Nevada does not contain an Information Sharing Agreement with the Internal Revenue Service
    
5. Direct Control
   One person may embrace the offices of president, secretary, treasurer, and be the exclusive director. Most states require a minimum of 3 directors and officers.
    
6. No bare minimum Capitalization Requirement
   A Nevada corporation can be capitalized with no cash or tangible property if you should desire, other than the required costs of incorporating in Nevada. Most states call for a corporation to have at least $1,000.00 in capital in order to initiate business.
    
7. Flexible transfer of Shares Laws
   A Nevada corporation may purchase, sell, or hold transfer shares of it's own stock.
    
8. Stock Valuation Control
   Directors of the corporation can conclude the value of every class or series of stock to be sold by the corporation, and their decision is absolute.
    
9. Friendly Business Legislature
   Nevada's corporate code was significantly revised in 1991, making the complete incorporation process faster, more efficient, and creating larger liability protections and confidentiality for corporate principles than before.  The Legislature in Nevada remains committed to its goal of keeping Nevada business friendly.
    
10. No Estate Taxes In Nevada
    Shares owned individually by non-residents of Nevada are taxed not by Nevada but only in the state in which they live.
     
11. Ease of Meeting Requirements
    With proper notification, stockholder and directors of a Nevada corporation are able to act with unanimous consent in substitution of formal meetings.
     
12. Flexible Distribution of Rules
    Nevada Incorporation and LLC formation (Limited Liability Company) allows the business to pay dividends out as profits and as surplus.
     
13. Diverse Operations
    One corporation may conduct diverse kinds of business. Any legal business action may be conducted if the documents filed for that particular Nevada Corporation contain the broadest type "purpose clause"?
     
14. Corporate By-Laws
    The director(s) hold the power to compose or alter by-laws.
     
15. Limitation of Liability
    The personal liability of the directors, officers and stockholders of Nevada corporations may be protected when acting on behalf of the corporation.
     
16. Inexpensive Operation and Maintenance
    The once a year filling fee for a Nevada corporation is only $125 which is significantly lower than California which is $800.
     
17. Flexible Financial Control
    There is no usury law in Nevada. Your corporation may charge as much interest as it sees fit for loans made to third parties.
     
18. Powerful Corporate Shield
    When properly run there has never been a case in which a Nevada corporate veil has been pierced. Nevada courts have very seldom pierced a corporate veil in the past 20 years and in most of theses cases this took place due to fraud resulting in harm to another party.

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