INCORPORATING IN NEVADA
An important consideration for the site of business incorporation is the tax benefit enjoyed or tax ramifications incurred by incorporating in a particular state. Notably, Nevada provides substantial tax benefits to businesses. Significantly, Nevada has no business income tax. In contrast, Delaware imposes a business income tax of 8.7%. Additionally, Nevada has no franchise tax, whereas Delaware imposes a significant franchise tax calculated upon the number of shares issued by the corporation. This franchise tax, zero in Nevada, ranges between $75.00 and $165,000.00 in Delaware.
Disclaimer: This web site is designed for general information only. The information presented at this site should not be construed to be formal legal advice nor the formation of a lawyer/client relationship. If you have questions or need specific advice relating to the matters contained herein, please contact Lovaas & Lehtinen, P.C.
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