Monday, July 5, 2010

Best Reasons to Incorporate in Nevada - Part 7


Nevada does not require the public filing of shareholder lists or disclosure of other shareholder information. Also, Nevada corporations are not required to report the number of shares issued and outstanding. This is unlike Delaware, which mandates such disclosure as a basis for calculation of franchise taxes upon the corporation - non-existent in Nevada. Finally, and again unlike Delaware, Nevada does not require a Nevada corporation to disclose its principal place of business, even if outside Nevada.

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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