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All Press Releases for July 14, 2003 Subscribe to this News Feed      
 

IT'S MIDNIGHT, DO YOU KNOW THE BEST PLACE TO INCORPORATE & SUCCEED IN BUSINESS?

Nevada is the number one state to do business in America, according to MSN Business.


Nevada is the number one state to do business in America, according to MSN Business. Nevada also ranks high as a business friendly state on the Forbes-Milken and Cognetics lists.

"Want to know the best place in America to lay down a bet on the future success of your business? Appropriately enough, the hands-down winner is Nevada, a state better known for another kind of gambling. Why? A pro-business regulatory environment, affordable housing and, I suspect, a good year-round climate have combined to make the Silver State a mecca for fast-growing startups," according to Philipp Harper, MSN Business article, Best and worst states to run a small biz (http://www.bcentral.com/articles/harper/141.asp).

In fact, 45,000 new businesses open in Nevada every year, according to Scott Letourneau, CEO of Nevada Corporate Planners. "But Nevada legislators could soon adopt a large tax increase that would affect businesses conducting operations in the Silver State. Still, business owners in other states need to know that they will still benefit from incorporating in Nevada.

Although many companies claim that saving taxes is the chief benefit to incorporate in Nevada, Letourneau says that "70-95% of business owners do NOT save taxes by incorporating in Nevada. Most still have to pay taxes in their state of operation. And what most business owners aren't aware of is that the biggest benefit to incorporating in Nevada is liability protection.

"Nevada is still the hardest state in the country in which to pierce your corporate veil, (protecting the board of directors from shareholder liability). Nevada appears like an iron fortress to creditors. In fact, the corporate veil has only been pierced two times in Nevada in the last 24 years and both cases involved outright fraud," Letourneau explains.

To find out the other major benefits of incorporating a business in Nevada, call NCP today at 1-888-627-7007 for a thorough analysis at no cost or obligation. You can also link to the website at: http://www.nvinc.com/piercecorp.htm.

Listen to Scott Letourneau, a regular monthly guest on BizSoup, hosted by John DeBevoise and Chris Jaynes on Business Talk Radio (http://www.businesstalkradio.net/) (http://www.bizsoup.com/stations_saturday.htm 8-10 pm every Saturday).

NCP is a member of the Better Business Bureau in Nevada and a key referral source by the Nevada Development Authority.

####

Photo available upon request.

Office Address: 7469 W. Lake Mead Blvd. Ste. 200,

Las Vegas, NV 89128

Mailing Address: P.O. Box 28909, Las Vegas, NV 89126

Telephone: (888) 627-7007 * Local: (702) 367-7373

  • Fax: (702) 220-6444

E-Mail: scott@nvinc.com Web Site: www.nvinc.com


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Sue Hecht
Heart & Soul Communications
888-260-4673
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