Nevada Corporation Commission - Paying The Toll To Cross The Bridge

November 3, 2004
By Katherine Curtis

The State of Nevada's Department of Business and Industry (DOBI) is sometimes referred to as a Nevada Corporation Commission, since it affects every business in the Silver State at one point or another.

Any business that intends to claim corporate status in Nevada must sooner or later come through this department and its offices.

One of the first offices that a business must contact is the Nevada Commission on Economic Development (NCED). Within NCED, a business learns its corporation options, incorporation requirements, and assistance programs.

The Most Important Billy Goats Gruff Is Not The Biggest.
According to the commission for Nevada corporations, Nevada's small businesses are the state's largest employers; hence, big business is not the backbone of the state's working population. Instead, big corporations select to register in Nevada for other reasons. Some of these reasons include Nevada's debtor-friendly environment, corporate veil, and tax exemptions.

According to Nevada's small business owners, even though the state has a business-friendly environment and high quality of life, small business faces tax inequity and ever-increasing regulations.

Once a corporation claims Nevada as its domicile, the company does not have to operate within its domicile (home base). Instead, the business may operate as a foreign (out of state or out of the country) corporation. The Silver State's commission reports that California most frequently relocates or expands its corporations to Nevada.

For more information about starting a corporation in Nevada, contact the Nevada Secretary of State or NCED.