Top Reasons to Incorporate in Nevada
by
Nadin Jeannine Cutter on Jul. 12, 2017
Summary: No Corporate Income Tax, No Taxes on Corporate Shares, No Franchise Tax, No Personal Income Tax, Nominal Annual Fees
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:
1. Early, comprehensive case management;
2. Active judicial participation in settlement;
3. Priority for hearing settings to avoid business disruption; and
4. Predictability of legal decisions in commercial matters.