TYPES OF PROTECTION AND THE IMPORTANCE OF YOUR NEVADA BUSINESS LAWYER
Another reason is that shareholders of a corporation have limited liability for a corporation’s debts and obligations. As such, their potential losses cannot exceed the amount which they contributed to the corporation by way of dues or payment for shares. This limited liability allows corporations to aggregate their costs for the primary benefit of shareholders, which makes for an increase in the number of willing shareholders and amounts they are likely to invest. Prior to making any decision regarding incorporation we highly recommend that you contact a Nevada business lawyer to ensure that your rights are protected and that the entity you choose best suits your business goals.
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