It's simple, if it sounds too good to be true, it is! Regarding incorporation this means if you file an entity in Nevada without an address for that entity (not a PO Box) without a paper trail i.e. FEIN and Bank statement being mailed to the NV address, you're not a Nevada Company! So the $49 filing fee simply rips you off, Legal Zoom being the leader in this field, it's too good to be true!
Inc Legals offers a unique combination of professional services including filing Corporations, Partnerships, LLC's, and Trusts; with services such as Setting up Business Bank Accounts and Office Identity (virtual) or providing Director or Trustee Services, and financial consulting services that include accounting organization and contractual preparation. ILS Services are designed to meet the needs of clients from all over the globe. Inc Legals has enjoyed success providing our clients with specialized planning for asset protection and privacy by assisting our clients with management consulting in the income tax-free state of Nevada. We can answer your questions: Why incorporate in Nevada? What are the reasons for choosing an LLC or a corporation? No (reasonable) question goes unanswered. Nevada now offers charging order protection to Corporations.
Main Advantages of Incorporating in Nevada
For small and medium size businesses, Nevada is now the preferred jurisdiction in which to incorporate. Incorporating in Nevada gives access to a series of fiscal and legal benefits. Asset protection and tax exposure reduction are the two primary reasons that people choose to incorporate in Nevada. Domicile is critical. Domicile means "primary resident", not to be confused with "registered agent". Without a corporate address, most of the Nevada benefits are lost (see Office Presence).
The first main consideration when deciding whether to incorporate in Nevada is the effect on tax exposure. Nevada offers corporations outstanding fiscal advantages. Nevada has no business income tax, corporate shares taxes, state corporation tax, franchise tax, or inheritance tax. Furthermore, corporations do not have to file state tax returns and share information is held private.
One advantage of Nevada incorporation is that it provides owners with beneficial and unparalleled asset privacy. Nevada's reporting and disclosure obligations are lighter than in any other state.
In Nevada the shareholders of a standard corporation may consist of any number of individuals of any nationality, and/or any number of Corporations. Shareholders' identities are protected in Nevada. Any individual or Manager, as a Director or Officer in a Nevada Corporation, is protected from personal liability for acts committed on behalf of the Corporation, by the Corporation.