What are the benefits to incorporating my company in Nevada?

Question

I heard from someone a long time ago that starting my company in Nevada is a good idea.

What are the benefits?

Answer 1

Are you actually going to operate from NV? If so, big advantage is no inventory tax or corporate income tax.

You don't get this is you establish a shell company there and conduct business where you have been doing it all along. Be careful of the gotchas. The companies that form NV companies don't always tell you the complete story