Originally Posted by GFX Wiz

I have a Nevada LLC...

Advantages of Nevada LLC:

* No corporate income tax in Nevada
* No taxes on corporate shares
* No franchise tax in Nevada, unlike Delaware
* No personal income tax
* No I.R.S. Information Sharing Agreement
* Nominal annual fees
* Minimal reporting and disclosure requirements
* Stockholders are not public record, and directors need not be stockholders
* Stockholders, directors and officers need not live or hold meetings in Nevada, or even be U.S. Citizens
* Officers and directors of a Nevada corporation can be protected from personal liability for lawful acts of the corporation