Western United States; known for its business-friendly environment similar to Delaware’s but with added benefits for asset protection and privacy

Location

Currency

Legal System

LLCs, C Corporations, S Corporations, Partnerships

Corporate Structures

Tax System

  • No state corporate income tax or franchise tax on corporations or LLCs operating outside Nevada's borders
  • No personal income tax for residents or non-residents associated with Nevada corporations or LLCs

Legal Framework

  • Based on US Common Law; governed by Nevada Revised Statutes Chapter NRS78 for corporations and NRS86 for LLCs
  • Strong asset protection laws shield directors and officers from liability in lawsuits related to business operations within Nevada’s jurisdictional limits

Advantages

  • High level of privacy: Shareholders', directors', and officers' details are not publicly disclosed in state filings
  • Simplified incorporation process with minimal paperwork requirements—companies can be formed within one day
  • No minimum capital requirements for incorporation

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