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Nevada,
USA Corporation
The United States' 36th state, Nevada, was admitted to the union
on Oct. 31, 1864, a date that is now a state holiday. Now famous
for legalized gambling, Nevada has the highest population growth
rate in the United States and is one of only seven states that do
not levy a personal income tax. Nevada is home to two mountain ranges,
the Sierra Nevada range and the Rocky Mountains, and the Sonoran
and Mojave deserts. This sunny state sees only about four inches
of rain per year and enjoys mild winters with an average daily temperature
of about 60 degrees. However, the months of July and August see
average temperatures of about 105 degrees with a great deal of humidity.
The capital is Carson City, selected 1864. Tourism is a dominant
industry in Nevada, employing over one-third of the working population
and contributing more income than mining, agriculture and manufacturing
combined.
Nevada is a profoundly pro-business state with statues designed
to attract corporations by protecting privacy, providing a virtually
tax-free environment, and exempting officers and shareholders from
personal liability for corporate activities. Moreover, Nevada has
minimal reporting and disclosure requirements with no requirement
for the names of the stockholders to be a public record.
Nevada is the only state that provides all the essential elements
in its corporate law that comprises an ideal entity for asset protection,
reduced taxes and privacy.
Nevada corporations provide the highest level of privacy and asset
protection available without leaving the country. We consider Nevada
the only state that provides all the required elements necessary
to protect your privacy and ensure adequate domestic protection
of your assets.
SAVA Management offers a full range of services to support your
Nevada Corporation including mail services, bank account opening,
resident agent services, corporate nominees, corporate minutes and
records services.
Company Statute: Corporation
Taxation: Corporations not having any business
in Nevada pay no Nevada Corporate income tax.
Shareholders/Members: The minimum number of shareholders
is one. A shareholder of a US Corporation may be another corporation
(even an international or "offshore" corporation).
Directors/Managers: The minimum number of directors
is one, who must be a natural person. Directors may be of any nationality
and need not be a citizen of the United States.
Registered Office Required: Yes. Must be maintained
in state of incorporation/formation at the office of a professional
registered agent.
Name Restrictions: Anything identical or similar
to an existing company within the state of incorporation. Additionally,
the use of bank or trust within the name of the corporation is prohibited
in all 50 states without first obtaining consent from the banking
authorities in the state of incorporation. Suffixes to Denote Corporation:
Incorporated, Corporation, Limited, Company or their abbreviations
Inc, Corp, or Ltd. Some of the recommended states allow other suffixes
such as Fund, Association, Foundation, Syndicate, Club, Society
and Institute.
Financial Statements: There is generally no requirement
to file financial statements with the state of formation unless
the corporation owns assets within that state or has conducted business
within that state.
Annual Report/Licence Fees: USD 85.
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