You already know that forming an LLC in Nevada can protect your personal assets if your company is ever successfully sued. But did you know that incorporating in Nevada also brings significant tax benefits? In Nevada, for instance, you will pay no state corporate tax, no state personal income tax, and no state franchise tax. In addition, Nevada does not share your state tax information with the IRS.
Additional Benefits of Having an LLC in Nevada
When you create your LLC in Nevada, you will benefit from some of the state’s other laws as well. Nevada has a “hands off” attitude towards its corporations and does not require you to report business places outside of the state. There is also no requirement to provide the state of Nevada with the dates and times of annual stockholders and directors meetings, though you should keep up to date information about such meetings. To find out more, or to begin the process of incorporating in Nevada, visit the Silver Shield Services, Inc. website at http://www.shieldcorp.net/.
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