Friday, June 26, 2009

Best Reasons to Do Business in Nevada - Part 7 - Non-Disclosures

INCORPORATING IN NEVADA

Regarding disclosure requirements, a Nevada business license does not require the disclosure of shareholder information. In addition, only the director and the resident agent are disclosed as a matter of public record in Nevada. In addition, Nevada corporations are not required to report the number of shares issued and outstanding. In contrast, this is required in Delaware. Also, in contrast to Delaware, in Nevada a corporation does not have to disclose its principal place of business outside of Nevada.

To find out more information regarding the benefits to incorporating in Nevada visit the Nevada Secretary of State Website at http://www.whynevada.com/ or contact us at globalbusinesslawyers@lovaas-lehtinen.com

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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