Nevada Company Overview 

Many CPAs, attorneys and business owners think Nevada provides the best United States domicile to form a new corporation or LLC. And, your business location and operations do not have to be in Nevada to form your company there.

Nevada is extremely "corporate-friendly" and pro-business. It offers some significant advantages that many other states do not offer. And where another state does offer the same type of advantage, it is usually less strongly advantageous to the company or as favorable to the business owners and corporate officers as in Nevada .

Benefits of incorporating in Nevada

The corporate veil is extremely difficult to penetrate so that your personal assets have less exposure in case of a corporate lawsuit.

Your officers and directors can be indemnified by the company so that personal liability of officers and directors can be eliminated

There is no concern about Joint and Several Liability; if you havee done nothing wrong, you cannot be held responsible.

You can take advantage of jurisdictional strategies to maximize the protection of your company using Nevada's highly pro-business laws..

Key Corporate Features

General
Type of entity	Corporation
Type of law	Statutory
Shelf company availability	No
Minimum government fees (excluding taxes, includes director's list):	US$230
State Corporate taxation	None
Double taxation treaty access	Yes (U.S.)
Share capital or equivalent
Standard currency	US$
Permitted currencies	US$
Usual authorised:	US$75,000
Directors or Managers
Minimum number	One
Local required:	No
Publicly accessible records	No
Location of meetings	Anywhere
Members
Minimum number	One
Publicly accessible records	No
Location of meetings:	Anywhere
Company Secretary Required	No
Local or qualified	No
Accounts
Requirement to prepare	Yes
Audit requirements	No
Requirement to file accounts	No
Publicly accessible accounts	No
Other
Requirement to file annual return	Yes
Change in domicile permitted	Yes

:
General Information

While Nevada is clearly the most liberal of the state governments of the United States, any company formed in Nevada is subject to the regulations of the U.S. Tax Code. Although Nevada has no reporting agreement with the U.S. Internal Revenue Service, the company does have an obligation to meet all U.S. Tax Code requirements. Incorporation in Nevada is useful for a reduction in tax exposure but not for its elimination. On the other hand, there are many non-tax related benefits to incorporating in Nevada that has made it one of he most popular jurisdictions in the United States.

• Infrastructure And Economy

Nevada's primary industries are tourism, mining and agriculture. Its hospitable climate and low cost of living has been an immense draw, making it one of the fastest growing regions of the United States. Las Vegas, its largest city, once known only for its gambling industry has become the entertainment capital of the world and is well on its way to becoming the cuisine capital of the world as well.

• Language

English.

• Currency

United States Dollar.

• Exchange Control

None.

• Type of Law

Statutory law based on British Common Law with extensions by the U.S. Congress and the Nevada State Legislature.

• Principal Corporate Legislation

The Nevada Revised Statues 78 and 86.

Company Information 

• Type of Company for International Trade and Investment

The Nevada Corporation or Limited Liability Company (LLC).

• Restrictions on Trading

None.

• Powers of Company

A Nevada Corporation or LLC has the full capacity of, and all rights, powers, and privileges of, a natural person.

• Language of Legislation and Corporate Documents

English.

• Shelf Companies Available

No.

• Language of Name

English.

• Registered Office Required

Yes.

• Name Restrictions

The name must not be the same, or deceptively similar to, the name of any corporation, limited partnership, limited liability company, foreign corporation, foreign limited partnership, foreign limited liability company, or a name reserved for use of any other proposed corporation, unless written consent of the person or other entity for whom the name is reserved is filed with the articles. A name appearing to be that of a natural person and containing a given name or initials must not be used as a corporate name, except with an additional word such as "Incorporated," "Limited," "Inc.," "Ltd.," "Company," "Co.," "Corporation," "Corp.," or other word identifying it as not being the name of a natural person. If the name implies banking, trust, or insurance powers, prior approval of the banking superintendent or insurance commissioner is needed..

• Suffixes to Denote Limited Liability

The name must end in Inc, Corp, Corporation, Ltd., Limited, Co. or Company.

• Disclosure of Beneficial Ownership to Authorities

No.

• Classes of shares authorized

Par value shares, no par value shares and bearer shares,