Considerations for Nevada Incorporation

2007-03-08 10:33:40

( Business )



Nevada incorporation requires you to prepare a list of names for your corporation. You can check with the Secretary of State to avoid name duplication.

Before you can draft your articles of incorporation, you will need to choose your board of directors and officers, and create your company’s objectives. The number of shares to be issued must also be determined before you can file your articles of incorporation.

A registered agent must also be appointment. The registered agent must be available during regular business hours to be able to receive any legal and business correspondence. The registered agent must have a legal street address, and not use a post office box number.

Once you have all these information, you will then need to obtain a statutory form from the office of the Secretary of State, which is the basis for your articles of incorporation. The following information must be supplied in the statutory form: the name of your company, the resident agent’s address and proof of acceptance of appointment, list of directors with contact details, the number of shares that can be issued and the name of the person who is responsible for filing your articles of incorporation. Once the form is completed, it is submitted to the office of the Secretary of State. The submission is usually done by mail, except in rush processing where it can be submitted personally by paying an expedite fee.

You cannot proceed any further with the incorporation process unless you receive the approval from the Secretary of State by mail. Your company’s legal operation should only start on or after the date of the filing of articles of incorporation.

Incorporate Nevada will require you to provide certified copies of your corporate bylaws, articles of incorporation and a stock ledger with your registered agent.

Nevada incorporation also requires you to create corporate bylaws, stockholders and board of directors’ resolutions. You will need these documents in order to be able to open a bank account in the state of Nevada.

Nevada incorporation requires you to submit a list of corporate officers to the Secretary of State on or before the last date of the first month following the date of your company’s incorporation. The list should be submitted every year.

You will also need to find out what business licenses and permits are required in the state of Nevada if you are to incorporate Nevada. The local department of taxation can assist you with this.

Nevada incorporation will also require you to obtain federal and state tax ID numbers, and this can be obtained from the IRS.

Above are some of the guidelines for Nevada incorporation. There may be other procedures that need to be followed, and it is best that you check with your accountant and lawyer to ensure that all formalities are met.


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