One of the beneficial attributes of Nevada corporate law is that Nevada has no requirement that the shareholders, officers or directors of any Nevada entity be citizens of the United States. While the obvious initial reaction to this point is the availability of share ownership or officer and director positions to individual citizens of other nations, another benefit is the ease with which an entity organized under the laws of a different country can form a wholly-owned Nevada subsidiary.
Considering the importance Nevada places on corporate privacy by not requiring the reporting of the identities of shareholders, a foreign entity can utilize wholly-owned Nevada subsidiaries in its international expansion plans while protecting information as to its originating nation. We at Global Business Lawyers assist business entities from around the world with their expansion plans through the formation of wholly-owned Nevada subsidiaries as well as other methods suitable to the particular business entity.
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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