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Avoiding Mistakes While Using Nevada Incorporation Services

There are so many benefits the silver state has for savvy entrepreneurs who incorporate their business in. If you intend to take advantage of the tax advantages and liability protection benefits offered by Nevada, you must be careful in setting up the corporation correctly. If you’re not that familiar with Nevada corporations, you might want to use a qualified Nevada incorporation service to set things up right from the start since you can’t do it by yourself alone. But there are people who try incorporating in Nevada themselves. They can easily set themselves up to be in hot water with the IRS if they are selected for an audit. It is necessary that a Nevada corporation be set up with great care because the IRS pays special attention to Nevada corporations when selecting its candidates for audit.

Common Nevada Incorporation Mistakes

Business owners who incorporate in Nevada themselves without seeking the help of Nevada incorporation services often end up committing these following common mistakes:

They fail to have employees in the corporation They fail to have adequate proof of Nevada-based operations They allow independent contractors to corporate benefits which are intended only for employees They do not issue stock

Nevada Incorporation Services Checklist

Before you finally decide to go with an incorporation service, see to it that you go with a firm that is experienced in Nevada incorporation. The list below could be used as a guide for comparison. A good or at least average incorporation firm should offer the following services as part of its package:

Creation of the Articles of Incorporation Filing of the Articles with the Nevada Secretary of State Filing of Initial Officers, Directors, Agents or Members Arrangement for the official place of your business Arrangement for local telephone service Arrangement for contracted employees of the corporation to answer telephone calls during business hours Assistance in Opening a Nevada bank account for the business Resident Agent services Mail sending/forwarding Obtaining a business license (usually in Carson City, which is the state capitol) Obtaining a Federal Tax Identification Number (EIN) Creation of a Corporate Charter Should offer stand-in nominee officers so that the names of the officers are not listed in public records. This also improves privacy.

Conclusion

It is not that easy to incorporate in Nevada. You need to be careful with every step you make to make the best out of it. You can have best comfort knowing your Nevada Corporation provides you with the best in domestic asset and revenue protection. And this only happens if you do careful investigation and use of professional Nevada incorporation services.