Nevada Company Formation
Nevada company formation is an ideal way to legitimately book international profits without paying local corporation tax. Healy Consultants offers a comprehensive Nevada company formation service to international entrepreneurs. The information below will help you determine whether Nevada company formation is the optimum corporate structure to fulfill your international business objectives: |
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| Advantages of Nevada Company Formation | |
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If properly structured, Nevada company formation is an ideal way to legitimately book international profits without paying local corporation tax, provided no revenue is sourced in the US and the shareholders and directors are not US-resident.
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A minimum of one shareholder and one director is required with Nevada company formation. The shareholder and director need not be resident in Nevada, and can be any nationality. Details of shareholders and directors are not available for public viewing. Nevada is the only state in the US which does not have an information sharing agreement with the Internal Revenue Service (IRS).
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There are no minimum capital requirements with Nevada company incorporation. According to the World Bank's Doing Business 2008 Survey, the US is the world's 3rd easiest place to do business. The survey measures factors including business start up procedures, time, cost and minimum capital required to start a business.
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Following Nevada company formation, there is no requirement to submit annual audited financial statements or tax returns. Additionally, the USA is positively ranked as the 5th-freest economy in the world according to the Heritage Foundation's 2008 Index of Economic Freedom, which measures freedom enjoyed in business, trade, monetary, financial, investment and labour markets. |
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Furthermore, the USA is positively ranked as the 20th least corrupt country in the world, according to the 2007 Corruption Perceptions Index by Transparency International, a global measure of corruption amongst public officials and politicians. |
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Following Hong Kong company formation, Healy Consultants can open a corporate bank account with one of the world's leading retail banks, including HSBC, Standard Chartered and Citibank. |
| 7. | The US is ranked the best by the Global Competitiveness Report, one of the world’s most comprehensive and respected assessment of countries’ competitiveness, offering invaluable insights into the policies, institutions, and factors driving productivity. |
| Disadvantages of Nevada Company Formation | |
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Nevada company formation has a 'corporate stigma' due to the state's reputation for gambling and vice. |
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Nevada company incorporation requires an annual filing with the identities of the management team being disclosed.
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| Other Information | |
Refer to the following links to read more information on Nevada company formation:
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| Contact Us | |
For more information on Nevada company formation, email email@healyconsultants.com or call us in Singapore at (+65) 6735 0120. |
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Buy the Singapore chapter of Healy Consultants' Asia Business Set Up book for US$100, to order call +65 6735 0120 or e-mail email@healyconsultants.com
Singapore company formation, Dubai company formation, Offshore company formation
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FEES SCHEDULE Year 1 incorporation US$1,900 * Annual fees from Year 2 US$1,100 * Nominee director and shareholder fee Company de-registration * Includes government licence fees, registered office for 12 months, Company secretary fees for 12 months. |
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| © 2003 Healy Consultants Pte Ltd | AMERICAS COMPANY SET UP SERVICES |