Incorporating in Nevada? - Posted by Ben (NJ)

Posted by Michael Morrongiello on June 12, 2000 at 22:37:51:

Nevada is a VERY pro business state where they also valued privacy. Corporate officers can be “nominee” officers and shareholders can also be anonymous as well (stock can even be issued as “Bearer stock”) - what this creates is a certain level of difficulty as to finding out WHO owns what without a lot of expensive digging.

However most states have requirments for “foriegn” (a no New Jersey Corp.) to register to do business in their state.

Another place for lots of detailed stuff on Nevada an off shore corporations is:

http://www.laughlinassociates.com

To your success:

Michael Morrongiello

Incorporating in Nevada? - Posted by Ben (NJ)

Posted by Ben (NJ) on June 12, 2000 at 18:12:17:

A friend of mine asked me some questions which are out of my
field. He does business primarily in NJ (large scale property due diligence for institutional investors) and once in a while buys distressed property. He wants to start doing everything under a corporate name and was advised to incorporate in Nevada for tax purposes. Someone else told him he needs to register in NJ as some kind of foreign entity. I know nothing about this stuff, does anyone else?
Thanks for any help.

Hype . . . - Posted by William Bronchick

Posted by William Bronchick on June 13, 2000 at 10:40:39:

Unless you do business only in NV or have a business of a National nature, your primary business should be incorporated in your own state.

You can listen to a real audio presentation on this topic at:

Re: Incorporating in Nevada? - Posted by tb

Posted by tb on June 12, 2000 at 18:49:12:

Hi Ben,

Go to www.nvinc.com for the answers you are looking for concerning incorporating in Nevada.

Hope this helps.

tb

additionally… - Posted by David Krulac

Posted by David Krulac on June 13, 2000 at 14:30:11:

some states tax “foreign corporation” or have some other restriction on a foreign corporation, that does not apply to an in state entity.
David Krulac