Nevada has established a strong reputation as a business-friendly state. Initial incorporation fees are quite low and there are other perks such as no corporate income tax, no taxes on corporate shares, no franchise tax, no personal income tax and nominal annual fees. Developed on the Delaware model, the Business Court in Nevada strives for efficiency and to minimize the risks of commercial litigation. Because of the lack of corporate tax Nevada remains popular with West Coast residents as well as internationals.
Annual fees are around $150 per year (as a business license is also required, please contact us for an exact quote). Remember though that if you are doing business in another state, you will probably need to register there. Please be sure to consult with your attorney or tax professional before choosing to incorporate in a state other than your home state, or the state in which you primarily do business.