Anonymity of Ownership. Nevada does not require the owners (stockholders of a corporation or members of a limited liability company) to be named in the corporate filings. Only Officers & Directors of a corporation or Managers of an LLC are required to be publicly listed on the Secretary of State of Nevada’s website. Additionally, Nevada is one of the only states that does not have a formal information sharing agreement with the Internal Revenue Service. What this means to you is that in general, neither the public, nor the IRS, will know who owns your Nevada entity.
No Residency Requirement. A person need not be a resident of Nevada , or even a citizen of the United States, to form a Nevada entity. However, your Nevada entity must have a registered agent who resides in Nevada. We charge a flat fee of $175.00 per year to serve as your Registered Agent for the State of Nevada.
Protect your Personal Assets. A properly formed and maintained Nevada entity can effectively protect your personal assets from liabilities of your business entity. What this means to you is that if your business fails, you simply dissolve or bankrupt your Nevada entity and go onto your next venture. While there are always exceptions, the general rule is that you are not personally responsible for the debts of your Nevada entity.
No Third Parties Required. It only takes one person to form a Nevada entity and he or she can serve in all of the required corporate positions (i.e. Stockholder, Director, President, Secretary and Treasurer of a Corp. or Manager of an LLC). However, your Nevada entity must have a registered agent who is a full-time resident of Nevada. Again, we charge $175.00 per year to serve in this capacity.
Limited Liability for Officers, Directors, Stockholders, Managers and Members. A Nevada entity will protect its officers, directors, stockholders, Managers and/or Members against personal liability arising out of their lawful acts.
No Cash Capitalization Requirement. You do not need to fund your Nevada entity with cash. A Nevada entity can be funded by issuing stock for capital, services, personal or real property and its Directors or Managers may determine the value of any of these forms of capital.
No Formal Meeting Requirement. Nevada entities are not required to hold their meetings in Nevada . In fact, they can hold their meetings telephonically and can even pass resolutions through unanimous written consent if they so choose.
Expeditious. Silver State Legal can create a new Nevada entity for you within one (1) business day.
