Why is Nevada so popular as a corporate haven?
Many reasons. Nevada does not disclose ownership. Unless you go public, no one will know who the shareholders are. Nevada has no state income tax. Nevada is the only state that does not have an information exchange agreement with the IRS. One person can incorporate and hold all offices. Annual fees are among the lowest in the nation. Meetings and activities do not have to be held in the state. A Nevada corporation can own other corporations, real estate, and stock. The State of Nevada is friendly to business and minimizes taxes, regulations, and oversight. You just can’t find it any better.
