Monday, July 12, 2010

Best Reasons to Incorporate in Nevada - Part 9


Shareholders, officers and directors of Nevada corporations need not be residents of Nevada.  Further, they are not required to be U.S. citizens.  Nevada also does not require that shareholders or officer and directors meetings be held in the state.  Additionally, all corporate offices and director positions may be held by a single person. In contrast to Delaware, Nevada does not require the shareholders or directors of Nevada corporations to report the dates and times of their annual meetings.  Finally, entities formed in other states may be converted into Nevada entities so they can benefit from the advantages and flexibility offered to Nevada corporations.

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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