Nevada Company

Overview

Nevada, the seventh largest U.S. state, situated near the west coast of the United States, is an important bridge and goods storage centre between the central and eastern United States. Nevada is called "Nevada, USA West Coast". At present, about 10,000 new companies are set up in Nevada every year. Nevada has no agreement on intercommunication of intrastate company tax-payment data with other states, and therefore can avoid the American federal government gaining access to tax-payment data of Nevada companies through this channel. There is no personal income tax or corporate tax in Nevada, so if a company does not operate in the United States, it will not pay federal income tax.

Nevada companies can be divided into three categories: C Type, S Type and LLC. "Limited Liability Company (LLC)" is the company type most often registered by foreign investors.

Advantages

• No tax shall be declarable and payable
• It's not required to disclose information concerning shareholders and directors
• No Internal Revenue Service (IRS) Information Sharing Agreement exists

General Requirements

• There shall be at least one shareholder and director
• The names and addresses of company management shall be reported to the government annually

Standard Authorized Capital

• USD75,000

Required Information and Time for Incorporation

• English name of company
• Copies of ID cards or passports of shareholders and directors
• Shareholding percentage of shareholders
• Contact addresses of shareholders and directors
• Registration of company (requires 14 days or so)

If you would like further information concerning Nevada Company Incorporation, please contact our professionals and we will provide you with free advisory.