Nevada Corporate Services.com

Upholding Standards of Business when Incorporating Online

You may have heard that incorporating in Nevada is a smart move. In fact, it’s a good idea to incorporate business regardless of where you live, because unless you set up your business as a legal entity separate from yourself, your own personal assets could be at risk should the business be sued or have to file for bankruptcy.

You also may be aware of the fact that you can incorporate online. Incorporating in Nevada online is not difficult, and can be done in short order. It must however be done correctly, or you may wind up creating a great deal of trouble for yourself.

Not every online corporation service is equipped to help you incorporate online properly. To incorporate business is not difficult, but there are certain steps that must be taken in a certain order.

The first step in order to incorporate business of any kind is to decide which kind of entity to form. Other than a sole proprietorship, the easiest way to go is to form an LLC. When you form an LLC – which means “Limited Liability Corporation” – you can protect your personal assets, yet remain in complete, individual control of the business. It is an ideal structure for smaller businesses.

Once you decide to form an LLC, the next decision is what state in which to incorporate. It need not necessarily be the state in which you live, and it’s no secret that some states are better for corporations than others. Nevada incorporation offers some real benefits – and it is possible to incorporate online.

One good reason to incorporate in Nevada is the “corporate veil” – which is the legal doctrine that protects an individual’s personal assets should the business incur liabilities. In California for example, the court can “pierce the corporate veil” – hold business owners, partners and/or shareholders – personally liable for business debts and liabilities, and does so on a fairly regular basis. Even if no malfeasance is proven, such a court action can cost you and your business time and trouble.

Nevada incorporation makes it more difficult to pierce the corporate veil. In fact, courts have done this only twice over the past two decades, and both cases involved deliberate fraud against a Nevada resident. This is just one reason to incorporate in Nevada.

Understand however that Nevada incorporation does require that there be a physical address and in-state contact number as well as a representative agent within the state of Nevada. Many “corporation mills” that allow one to incorporate online do not provide these services.

This is where Nevada Corporate Services can be of invaluable assistance, should you choose to incorporate business in that state. Form an LLC through NCS and in addition to helping you incorporate online, our company can provide your company with the agent and the valid contacts within the state required by law.