Resident Agents of Nevada

Incorporating or forming an LLC is a fast, affordable and easy process. It benefits the business owner by protecting personal assets from the risks and debts of the business. Here are eight easy things business owners can do to make incorporating a easy:

Select Your Company Name
Your company name can identify the type of products/services your business provides, or it can simply tout the name of the founder. The two main requirements for a company name are: no other entity in the same state may have the same or similar name; the name must include an ending like company, inc. or llc. Words like "bank', "trust" or "education" "engineering" may not be used without approval from the appropriate state agency.

Select Your Business Structure
A "C" corporation, is the most common corporate structure. It may have an unlimited number of stockholders. An LLC is not a corporation, but it offers many of the same advantages, combining the limited liability protection of a corporation with the "pass through"" taxation of a sole proprietorship or partnership.

Select Your State
Many business owners incorporate or form an LLC in the state where they are planning to operate because it is often least complicated and most cost effective. However, Nevada holds the greatest appeal for new companies because of its low incorporation fees, no annual franchise taxes, and lack of state income tax for corporations.

Select Your Management Team
Naming initial directors for your corporation is straightforward. Directors are typically the key players or owners in the business. In most states, only one director is required and you may simply name yourself. In an LLC, managers or members are selected.

Select Your Number of Stock Shares and Par Value
Stock represents ownership in a corporation. Par value is the minimum selling price for each share of stock. Many states allow you to elect a $0 par value, to give you the most flexibility. LLC's do not issue stock-they issue certificates that reflect ownership by percentage or units.

Order A Corporate Kit When You Order Your Company
A Corporate Kit will help you organize and save your important company documents. They often include a corporate seal, stock certificates, stock transfer ledger, and sample forms for bylaws and minutes.

Choose A Company To File Your Paperwork & Designate a Registered Agent
The Registered Agent serves a critical purpose and is an important part of protecting your corporate status. Select a highly reliable company to serve in this role. Make sure to call and speak with the company. Get to know your resident agent-they should be willing to assist you and answer questions.

Our company Resident Agents of Nevada will help you through setting up and running your entity. Call us or visit our website.

Sandy, 775 882-4641, agents@nevada.org