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Nevada Corporation
Nevada Corporation Names:
The Nevada Corporation name must include the word or an abbreviation of a word that indicates that the named entity is a corporation if your corporate name appears to contain the name of a real person. Examples of a corporate name ending include “Incorporated,” “Corporation,” “Company” or “Limited.” The name cannot state or imply that the corporation or LLC is formed for purpose other than what is permitted in the articles of incorporation/organization. Also, the name cannot be the same or deceptively similar to any active domestic or foreign corporation or LLC filed with the state.
Director Information:
Minimum Number - One or more.
Residence Requirements - No provision.
Age Requirements - Directors must be a natural person at least 18 years of age.
Directors are required to be listed in the articles of incorporation.
Officer Information:
Officers are not required to be listed in the articles of incorporation.
Stock Information:
The number of shares that the corporation is authorized to issue must be stated in the articles. If applicable, the number of shares of each class and/or series must also be stated.
Registered Agent:
A corporation or LLC must maintain a registered agent at all times to accept any important service of process from the state. The registered agent must be located and available during regular business hours at a legal address within the state. Nevada prohibits the use of a P.O. Box as your registered agent's address.
Corporate Records:
The articles of incorporation, bylaws, any amendments thereto certified by the Secretary of State, and a copy of the stock ledger, or statement of where it is kept, must be kept at the principal office of the corporation.
The incorporation in Nevada does not have any special requirements. You neither have to be a US citizen nor a US resident. You don't even have to be present in the USA at any time. The minimum age to incorporate in Nevada is 18 years. One person can be shareholder and director. A corporation in Nevada usually takes 3-5 days to be registered.
Like with all US corporations you can benefit from many advantages:
low incorporation fees
no paid up capital required
fast and hassle free incorporation procedure
limited liability status
asset protection
bankruptcy does not affect the directors personal assets
your choice of name
anonymous filing by nominee directors available
corporations are amongst the most reputable company structures world wide
good reputation, especially with banks
outsourcing high risk activities with separate corporations
perfect to start a new business
perfect to gain investors
ability to apply for US immigration
professional appearance for your business
Note:
Besides that Nevada corporations have another major advantage: there are no state taxes. However, the federal taxes payable to the IRS in Washington do apply with 15% to 39%. It therefore is not correct to name Nevada as an offshore jurisdiction.
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