The Nevada Secretary of State lists the following advantages, among others, for incorporating in Nevada:

  1. No Corporate Income Tax
  2. No Taxes on Corporate Shares
  3. No Franchise Tax
  4. No Personal Income Tax
  5. Nominal Annual Fees
  6. No Franchise Tax on Income
  7. No Inheritance or Gift Tax
  8. No Estate Tax
  9. Competitive Sales and Property Tax Rates
  10. Minimal Employer Payroll Tax – 0.7% of gross wages with deductions for employer paid health insurance
  11. Nevada’s Business Court, developed on the Delaware model, minimizes the time, cost and risks of commercial litigation