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Nevada Corporations


Why Use Nevada Corporations?
There are many reasons why a Nevada Corporation can be useful. The following is a list of some of these reasons.

Nevada is a tax-free state, there is:
No corporate tax
No franchise tax
No inventory tax
No stock tax
No inventory tax
No personal income tax
No estate tax
No inheritance tax
No gift tax

Nevada Does Not Share Information:
Nevada is one of two states in the Union that do not voluntarily share information with the IRS or with any other state.

Nevada Allows Bearer Shares:
It is one of two states that allows for bearer shares. Whoever holds bearer shares owns them. The stock does not need to be registered in anyone's name.

The names of owners or stockholders of Nevada corporations are not a matter of public record. Only the officer’s names are made public. However, with creative planning and a small fee you can remove your name as an officer or director.

Nevada Protects Officers And Directors:
There is no personal liability. On March 13, 1987 the Nevada Legislature passed legislation that indemnifies directors and officers from personal liability for act committed on behalf of the corporation or by the corporation.

Nevada Annual Reports:
In Nevada, a corporation is required to list only the names and addresses of its president, secretary, treasurer and director(s) with the Secretary of State. All of these positions may be held by one person. International Registration Services, LC can provide a nominee to fill all of these positions, ensuring your complete privacy. The names and addresses of any vice presidents need not be listed.

Nevada does not require stockholders to register with the state. Because of this, you can own all the shares in the Corporation, maintain complete control of operations and designate representatives as your officers and directors. Your identity will be kept completely confidential.


How Should You Use A Nevada Corporation?
Use your Nevada Corporation for one of the following:
A supplier of goods
An advertising agency
A management company
A lending institution
An equipment lessor
A Real Estate lessor
An employee leasing company

Avoid Some Of Your Home State Taxes:
Have your Nevada Corporation bill you for the services provided. The Nevada Corporation will generally add some amount to the bill for its service costs and overhead. By doing this, you are able to transfer some of your profits to tax free Nevada!

Example 1:
Have your supplier provide an invoice to your Nevada Corporation for the products that you normally purchase. Let's say that the invoice is for $100,000. Your Nevada corporation will pay the bill and bill your local company $150,000. You have just transferred $50,000 of your profits to tax free Nevada. Major US corporations have used these tactics for years. Not only within the United States but worldwide.

Protect Your Substantial Assets:
When someone comes snooping around make sure there is no equity in your real estate.

Example 2:
Have the Nevada Corporation put a lien on major assets such as your home, rental property, or business property.

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