The number of companies that are now incorporating in Nevada as opposed to their home state has been steadily increasing for many years due to the major tax advantages this offers. However, before you can form a new corporation in Nevada there is one thing that you are going to need have in order to get the whole process started and that is a name for your new company.
Incorporating in Nevada Means Having a Unique Name
If you plan on incorporating in Nevada, you will need to spend a little time coming up with a unique name for your business that will need to be followed by the suffix, Inc., Co. or Ltd. to distinguish the fact that this is a business name and not that of an individual. You should try to make the name you choose relate to your business, for example John Doe Plumbing Inc. is a much better choice that just John Doe Inc. as the latter does not tell anyone what John Doe does.
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