When you started your own business, you may or may not have given much thought to incorporating. Chances are good that you simply wanted to be your own boss and provide your customers with outstanding services or products. Now that the income tax bill is due, you might be thinking about becoming a corporation and many people suggest you incorporate in Nevada for tax purposes.
The question is can you actually incorporate in Nevada when your business is located in another state? The reality is that under Nevada law it does not matter where your business is physically located, you can file your papers of incorporation in Nevada and take advantage of the state's very lax corporate laws. At the same time you will not pay any taxes to Nevada and lower your income tax rates, this is one of the biggest reasons so many company file their papers in Nevada instead of the state where they are located.
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