Monday, November 21, 2011

Nevada Incorporation Laws Limit Liability of Executives and Officers

Most small business owners form an LLC, or limited liability corporation, because they want to protect their personal assets in the event that their company is successfully sued in civil court. What these small business owners may not know is that not all states offer the same protections to executives and officers of an LLC. Nevada incorporation laws are much more friendly to executives than, say, the laws of New York. In Nevada, your personal assets are protected as long as you have acted lawfully on behalf of your business.

Is a Nevada Incorporation Difficult?

A Nevada incorporation is not necessarily difficult, but there are several rules and regulations you need to be aware of. Failing to dot an i or cross a t could invalidate your LLC, leaving you personally liable for any judgment against your company. For that reason, we suggest that you work with an experienced company like Silver Shield Services, Inc. We have years of experience helping hundreds of businesses like yours form successful Nevada corporations, and we can help you steer clear of any legal pitfalls. For more information, visit us online at http://www.shieldcorp.net/.

No comments: