Privileges in Nevada Incorporation

 You can start your business in Nevada anytime you want through Nevada incorporation. The Nevada Secretary of State’s office made things easier and faster for your business’s incorporation in this state.



The office of the Nevada Secretary of State gives a lot of benefits to businessmen who intend to incorporate their businesses in Nevada. Having a lot of businesses around the state is an asset. Thus, Nevada make sure that they offer the best deals and privileges to the business sector as they are the ones who make the state a good place to live for both its natives and foreign citizenry.

To those who intend to incorporate Nevada, there are a couple of privileges that the state has prepared for you. In the Nevada Secretary of State website, they published some of the many reasons why you should incorporate Nevada. They are as follows:

• No Corporate Income Tax
• No Taxes on Corporate Shares
• No Franchise Tax
• No Personal Income Tax
• Nominal Annual Fees
• Nevada corporations may purchase, hold, sell or transfer shares of its own stock.
• Nevada corporations may issue stock for capital, services, personal property, or real estate, including leases and options. The directors may determine the value of any of these transactions, and their decision is final.
• No Franchise Tax on Income
• No Inheritance or Gift Tax
• No Unitary Tax
• No Estate Tax
• Competitive Sales and Property Tax Rates
• Minimal Employer Payroll Tax - 0.7% of gross wages with deductions for employer paid health insurance
• Nevada's Business Court
• Developed on the Delaware model, the Business Court in Nevada minimizes the time, cost and risks of commercial litigation by:
  
  • Early, comprehensive case management
  • Active judicial participation in settlement
  • Priority for hearing settings to avoid business disruption
  • Predictability of legal decisions in commercial matters

With all these privileges and benefits in Nevada incorporation, the business sector would surely be engaged to do business in one famous state in the most powerful country in the world, the United States of America.