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The advantages of Nevada are as follows:

• Nevada has no state income tax, no franchise tax, no taxes on corporate shares, nor succession tax.
• Nevada is the only state in the United States that does not have a reciprocity agreement with the Internal Revenue Service.

The advantages of incorporating in Nevada are many:

• Nevada corporate stockholders and directors are not required to be US citizens.
• Stockholders and directors are not required to live or hold meetings in Nevada.
• Nevada allows corporations to determine what type of stock it will issue, including assessable, non-assessable and bearer shares.
• There are minimal reporting and disclosure requirements. Only the names and addresses of the corporate officers, directors and resident agent are public record.
• One person may act as President, Secretary, Treasurer, and Director of a Nevada corporation, fulfilling all disclosure requirements.
• Nevada allows corporations to conduct business at more than one office and also allows them to hold, purchase, mortgage, and convey real and personal property in any of the states, or dependencies of the United States, the District of Columbia, or any foreign country.
• Nevada corporations can guarantee, hold, sell, assign, transfer, mortgage, pledge, or otherwise dispose of the shares or its capital stock, or any bonds, securities, or evidence of indebtedness.
• Nevada corporations may issue stock for labor, services, personal property, or real estate, including leases and options. The directors may determine the value of any of these transactions.

The advantages of forming an LLC in Nevada are:

• It is a Tax Pass through entity like a partnership or Sub-S corporation.
• It offers its members all the liability protection of a C-Corporation.
• Its members are State tax free in Nevada.
• All 50 states recognize LLC's and 40 of them recognize single member LLC's. This means that the tax advantages of Nevada will be recognized in your home state.