• Competitive incorporation fee structure.
• Quick filing turnaround. Instantaneous licensing with SilverFlume, Nevada's online business portal.
• Expedited service available for various paper filings.
• Annual renewal of entities begins up to 90 days in advance, giving companies notice to avoid late filing penalties. 
• Articles of Incorporation and Organization can be filed online. 
• Initial, Annual and Amended List filings and Certificates of Good Standing are available online.
• The first of its kind, Digital Operating Agreement software allows LLCs to electronically collaborate, document, formalize and store decisions — at no charge. NRS 86.101
• "Organizers" known as registered agents conduct your filing per statute.
• Nevada is an "employment-at-will" state. Employers may terminate relationships at any time and without any reason.
• Nevada offers an incentive program for new businesses that include sales & use tax abatements or deferrals, property tax abatements, and renewable energy abatements.
• Nevada's technology and telecommunications support infrastructure is extensive.
• Nevada offers workplace training programs to help your employees improve productivity.
• Nevada is centrally located with easy access to the entire western U.S. market, offering a competitive array of warehousing and shipping services.
• For more information on economic development in Nevada or relocating to the state, please visit www.diversifynevada.com. 

• Piercing the corporate veil in Nevada requires the presence of “fraud” or “manifest injustice.” This is the highest standard for personal indemnification available. NRS 78.138(7)
• Charging order protection for stock of closely-held corporations protects stockholders of all Nevada corporations with between 2 and 75 shareholders. Nevada is the first – and only – state to offer this level of shareholder protection. NRS 78.746
• Nevada’s charging order protection statute protects S corporations from losing their federal S election in the event of a judgment against a shareholder. This prevents potentially significant negative tax consequences. NRS 78.746
• Corporate directors have greater flexibility in consenting to corporate actions. NRS 78.115 - 78.140
• Reinstatement of entities has the legal impact as if the corporation had always been in good standing, thus preserving the corporate veil. NRS 78.180(5)
• Dissenting shareholders prohibited from voting shares or receiving dividends in certain circumstances. NRS 92A.380(3)
• Stock transfer agents are required to be licensed, ensuring high ethical standards. NRS 90.310
• A corporation may elect to renounce specific business opportunities. NRS 78.070(8)
• Articles of incorporation may require more than a plurality of votes cast by stockholders in order to elect directors, if desired. NRS 78.115 - 78.130
• Restated articles of incorporation do not need an accompanying resolution upon filing. NRS 78.403
• Corporate revival procedures are simple. NRS 78.730
• Efficient, predictable Business Court minimizes the costs and risks of business litigation.
• Amendments may be filed with delayed effective dates. NRS 78.380, 78.390 and 78.403
• Entities formed in other states may be converted into Nevada entities so they can have the same advantages and flexibility. NRS 92A.195 and 92A.205

• The charging order is the sole remedy of the creditor of a member, preventing foreclosure of the membership interest and protecting other members from adverse economic impacts. NRS 86.401
• Professional LLCs are allowed. NRS 89.040
• Series LLCs are allowed. NRS 86.1255, NRS 86.161(1)(e)
• Indemnification of members or managers of LLCs has been increased to offer greater statutory separation between the entity and the individual. NRS 86.411 - 86.451
• Operating agreements adopted after filing the articles of organization may be enforced. NRS 86.286
• Non-economic members may bring an action on behalf of the LLC. NRS 86.483
• Perpetual life of an LLC is allowed. NRS 86.155

• A charging order is the sole remedy of the creditor of a partner, preventing foreclosure of the partnership interest and protecting other partners from adverse economic impacts. NRS 88.535 
• Limited partnerships have flexibility to govern themselves under either the Uniform Limited Partnership Act, or take advantage of the unique benefits of the Nevada Revised Statutes. NRS 87A, NRS 88
• Availability of electing Limited Liability Limited Partnership status to provide personal indemnification for the general partners, if desired. NRS 87A.630, NRS 88.606
• Perpetual life of a limited partnership is allowed. NRS 87A.155
• Professional use of a limited partnership is allowed. NRS 88.342

Source: Lionel Sawyer & Collins and Parsons Behle & Latimer Law Firms

                                                    Download PDF