8 Great Reasons To Incorporate Your Business In Nevada!

1. Nevada does not charge you a state franchise tax. As a matter off fact, it will only cost you around $125 per year for to have your corporation in Nevada. This fee is for filing your annual list of officers and designation of registered agent, and this is the actual fee to file with the state. There is also a $20 fee for filing an annual report.
   
   
2. Nevada has no state income tax. Compare that to Delaware where there is a 8.7% income tax, although that only applies to corporations that are doing business in Delaware, but even so, this tax makes it a lot more difficult to reduce or eliminate altogether your home state corporate income tax. Nevada eliminates these concerns by virtue of not having a state income tax at all!
   
   
3. This is one of the more attractive reasons: Nevada doesn't share information with the Internal Revenue Service, and in reality they are the only state not to do so. Therefore by incorporating in Nevada all of your corporate information is private. And even if they were forced to share at some point, the amount of information they could conceivably share would be minimal, as they don;t require much to begin with!
   
   
4. Nevada does not require you to list any of the locations you do business outside of Nevada.
   
   
5. Nevada has no notification requirements of stock issuing or transfers.
   
   
6. Nevada does not require that you publicly share corporate information such as the date or location of your annual meetings.
   
   
7. There is no gross receipts tax on Nevada corporations as there are in almost every other state. This can add up to a fairly hefty sum. Even Delaware charges this tax, which runs from 0.096% to 1.92% depending on the type of business.
   
   
8. The ease with which you can set up and run a Nevada corporation translates into far easier financial and time management. Because of their lack of onerous reporting and regulation, a Nevada corporation saves you money in many ways.