Forming a Series LLC in Nevada
The benefits of forming a Limited Liability Company are numerous, including reduced asset liability and certain tax benefits. A newer type of Limited Liability Company (LLC) enables a person to subdivide a single entity into several, separate cells (or series) which have separate bank accounts – this is useful for separating assets and protecting a collection of properties. Forming a series LLC in Nevada is easy if you have the help of a registered agent.
Why form an LLC in Nevada?
The State of Nevada has overtaken Delaware to become the most favorable location for incorporation. There are numerous benefits to forming an LLC in Nevada, including the greater level of privacy protected by state law. Local LLCs are not required to report the number of shares they issue, and there are also tax benefits. These business entities provide a combination of the best features of corporations with the best features of partnerships. To find out about other useful benefits, visit www.shieldcorp.net.