Nevada Department of Corporations - The Three Pigs Opt To Incorporate
In Nevada
November 20, 2004
By Katherine Curtis
Why Venture Into Nevada?
The office of the Secretary of State heads Nevada's
Department of Corporations. This department is also
referred to as Nevada's Department of Business and
Industry (DOBI). The main functions of this department
involve processing and reporting commercial records.
Within these duties, a division provides
information about incorporation regulations, fees
and necessary forms. Additionally, all commercial
recordings and resident agents are listed for public
viewing.
The Three Little Pigs were about to embark on a venture
into Corporate America by following the easy guidelines set up by
Nevada Department of Corporations. The route seemed easy enough
and the paperwork straightforward. And, the best part about selecting
the friendly state of Nevada is protection from their arch-nemesis,
The Big Bad Wolf.
Where To Find The Best Shelter
Beyond Nevada's glitz, glamour and gambling, Nevada is also well
known for its state-of-art friendly corporation regulations. Many
parts of a business' state of affairs are sheltered from over-exposure
to the government and havoc-seeking intruders. A Nevada incorporated
operation does not have to be located directly in the state to benefit
from its debtor-friendly legislative practices. In fact, a Nevada
corporation is permitted to exist even outside of the country.
The debtor-friendly atmosphere within the Sagebrush State is the
best in the nation. Since a Nevada corporation's activities are
considered separate from the owner's property, an intruder such
as the Big Bad Wolf would have great difficulty claiming possession
of anything beyond the corporation. In other words, the three Little
Pig's private assets would be untouchable to anyone such as the
Wolf in times of claims against the Pig's company. This corporate
veil is so difficult to pierce that many corporations are willing
to claim its domicile inside Nevada and pay extra operating fees
to other states or other countries.
Filing incorporation forms through Department of Corrections within
the Silver State can be done online, in person, or by mail. However,
many corporations prefer to hire a corporation-planning expert to
process the necessary forms. Corporation planners are accustomed
to identifying entity's needs more accurately and are better at
expediting the filing process.
|
