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Nevada business formation is a tax-efficient corporate solution for international businesses, particularly those with activities outside the United States. |
| Advantages of Nevada Business Formation | |
1. |
Nevada business formation is quick and simple and viable for non-US citizens based anywhere in the world. |
2. |
Nevada is a stable, reputable jurisdiction with a well-developed legal system. |
3. |
If properly structured, Nevada business formation is 100% tax-free if no revenue is sourced in the US and the shareholders and directors are not US-resident. |
4. |
Nevada business formation is secure. Nevada is the only state in the US which does not have an information sharing agreement with the Internal Revenue Service (IRS). In addition, there is no public register. |
5. |
Nevada business formation has no minimum capital requirements. |
6. |
Nevada business formation requires only one director and shareholder. |
7. |
There are no accounting or reporting requirements with Nevada business formation. |
8. |
It is possible to open corporate bank accounts to support Nevada business formation. Healy Consultants works with internationally recognised banks such as HSBC, Standard Chartered and Citibank to provide corporate bank account services. |
| Disadvantages of Nevada Business Formation | |
1. |
Although shareholders of a Nevada business can remain anonymous in corporate documents, directors must be named in the articles of incorporation. However, nominee directors are permitted. If required, Healy Consultants can provide nominee director services to support Nevada business formation. |
2. |
An annual filing required with Nevada business formation, discloses the identities of the management team. |
3. |
Nevada business formation may have a 'corporate stigma' due to the state's reputation for gambling and vice. |
| Uses of Nevada Business Formation | |
1. |
Nevada business formation is perfect for clients who simply need an entity and bank account to purchase or hold property. |
2. |
An ideal way to accept contracting/consulting payments is through Nevada business formation. |
Contact Us For more information on Nevada business formation, email email@healyconsultants.com or telephone us at (+65) 6735 0120. Back to Nevada company formation page. |