How To File Corporation In Nevada - Cloaking Your Business With The Friendly Silver State

November 5, 2004
By Katherine Curtis

Do you want to know how to file corporation in Nevada? The steps are simple, fairly straightforward, and do not require the corporation to operate within the state. Nevada is known for its tax-exempt friendly approach, numerous corporation options, and low cost to file.

Nevada's Secretary Of State Commission Welcomes Both Foreign and In-state Businesses.

If filing your company for around a mere $895 to incorporate, plus $500 for a foreign registration is a problem, perhaps your business plan is shortsighted. The costs associated with registering your business within Nevada is pennies compared to risking liabilities and loosing your business and personal assets in the long run.

Nevada is well known for protecting its corporations through several debtor-friendly laws such as the "Nevada Corporation Code" and Nevada Revised Statues (78.037) that "eliminate the personal liability of officers and directors to the stockholders of Nevada Corporations".

While the simplest approach to filing a corporation in Nevada is to contact a Nevada legal team such as Nevada Corporate Planner, a business may proceed to file on their own by filing articles with Nevada's Secretary of State.

The first step is to establish the State of Nevada as your company's domicile. Domicile refers to the state under which a corporation agrees to operate its business. In Nevada, a corporation is not required to physically locate its operations. In fact, businesses outside the state and even the country may file an "Article of Incorporation".

Within 60 days after becoming a legitimate corporation in the Sagebrush State, the corporation must then file subsequent initial and annual certificates and agreements; some of which are listed below:
§ Certificate of Amendment to Articles
§ Certificate of Reduction of Capital
§ Merger Agreement
§ Lists of Corporate Officers, Directors and Resident Agents

 






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