Why are so many businesses being incorporated in Nevada?
Nevada law-makers are actively working to make Nevada the most attractive place in the U.S. for incorporation of businesses. Nevada provides entrepreneurs with attractive features that are not available in other states. These include:
- no corporate income tax
- no taxes on stock
- no franchise tax
- no state personal income tax
- minimal corporate annual fees
- no inheritance or gift tax
- Nevada’s business court, which is modeled on the Delaware Chancery Court. This allows for:
- Prompt resolution of business disputes
- Priority for hearings of business disputes
- Sophisticated business judges
