Nevada Business Formation

Nevada business formation is a tax-efficient corporate solution for international businesses, precisely for those with profit centers outside of the United States.

Advantages of Nevada Business Formation
1.	Nevada business formation is quick, simple and viable for non-U.S. citizens, regardless of where in the world they are based.
2.	Nevada business formation is secure. Nevada and Texas are the only states in the U.S. that do not maintain an information sharing agreement with the Internal Revenue Service (IRS). In addition, the state of Nevada has no official public register.
3.	Nevada has no corporate income tax, no franchise tax, and no personal income tax. This is more advantageous than a Delaware corporation, which levies franchise tax. If properly structured, Nevada company formation can be 100% tax-free, especially for income sourced outside of the U.S,. as no federal taxes will be due.
4.	Nevada is a stable, reputable jurisdiction with a well-developed legal system.
5.	Nevada business formation has no minimum capital requirements.
6.	A Nevada corporation must have at least one director and one registered agent resident in Nevada. Only the director(s) or incorporator(s) at the time of incorporation are required to provide details. Rather than a personal address, however, business addresses are permitted for registration. If required, Healy Consultants can provide resident registered agent services to support Nevada business incorporation.
7.	There are no accounting reports requirements with Nevada business formation.
8.	It is possible to open corporate bank accounts to support Nevada business formation. Healy Consultants works with world class banks such as HSBC, Standard Chartered and Citibank to provide corporate bank account services.
Disadvantages of Nevada Business Formation
1.	A Nevada based corporation may carry a 'corporate stigma' due to the state's reputation for gambling and vice.
2.	Nevada business registration requires the names and addresses of the first governing board and the details and signatures of incorporation; however, subsequent board members' details may be kept confidential. However, nominee directors are permitted. If required, Healy Consultants can provide nominee director services to support Nevada business formation.
Uses of Nevada Business Formation
1.	An ideal way to accept contracting/consulting payments is through Nevada business formation.
2.	Nevada business formation is perfect for clients who simply need an entity and bank account to purchase or hold property.

Contact Us

For more information on Nevada business formation, contact us at email@healyconsultants.com or (+65) 6735 0120.

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