Starting a Business in Nevada?
Download the Ultimate Guide to Starting, Protecting, and Operating a Business in Nevada.
- Benefits to Starting a Business in Nevada
- Trending Industries and Challenges in Nevada
- Nevada Annual Renewal Fees for Corporations and LLCs
- Protecting Assets and Personal Liability
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The Benefits of Starting a Business in Nevada
Incorporating in Nevada versus your home state
Nevada offers business-friendly statutes and tax benefits. For a business with a physical presence in Nevada, these benefits are very attractive. However, where a small business files its incorporation or LLC document in the state of Nevada, but is physically located in another state, these benefits may never be realized.
A corporation or LLC formed in Nevada, but located in another state, for example, will (in most cases) owe a tax liability to the state where it maintains a physical presence. Thus, incorporating “out of state” doesn’t produce a tax savings for most small business owners. In fact, incorporating “out of state” can often be more expensive and add to the business owners reporting requirements annually.
How to Form a Corporation in Nevada
Download the Ultimate Guide to Starting a Business in Nevada and you’ll be armed with all of the key information you need to assess whether incorporating in Nevada is right for you. As always, we suggest you speak with an attorney or accountant prior to making your final decision.
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