ADVANTAGES OF INCORPORATING IN NEVADA
The Nevada Secretary of State's website
lists the advantages of incorporating in Nevada.
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Additional Advantages
- Stockholders, directors and officers need not live or hold meetings in Nevada, or even be U.S. Citizens.
- Directors need not be Stockholders .
- Officers and directors of a Nevada corporation can be protected from any personal liability for lawful acts of the corporation.
- Nevada corporations may purchase, hold, sell or transfer shares of its own stock.
- Nevada corporations may issue stock for capital, services, personal property, or real estate, including leases and options. The directors determine
- the value of any of these transactions, and their decision is final.
- Piercing of the Corporate Veil does not happen in Nevada as it does other states.
- Nevada courts have a history of case law protecting the "corporate veil", making it the most difficult in the country to pierce.
- Nevada courts have only pierced the corporate veil once in the last 21 years, and that was due to fraud resulting in harm to a Nevada resident.
- A Nevada corporation may be formed for the sole purpose of limiting a person's liability in any lawful business venture.
- Link to Nevada Corporate Statutes here
- Nevada Law Library to research all aspects of Nevada law
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Xtreme Business Solutions, Inc.
3838 Raymert Drive #3
Las Vegas, Nevada 89121
(702) 616-1929 - Telephone
(702) 616-9787 - fax
Email: info@xtreme-business.com
Nevadacorporationsonline™ 2001
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