Should You Form An “S” Corporation in Nevada? Or Form a “C” Corporation in Nevada?

A Nevada corporation is an artificial person or legal entity created by or under the authority of the laws of a state or nation. This organization is authorized by the laws under which it was created to engage in any legal activity similar to behavior permitted individuals.

However, the corporation is seen as a separate personality and existence which is distinct from that of its several members, and which is by the same authority, vested with the capacity of continuous succession.

A state of Nevada corporation is a dynamic entity when organized to engage in business. Its use provides a measure of control, flexibility and often a means by which to capitalize the company.

Form a “C” Corporation in Nevada?

How the state of Nevada corporation is to be taxed is a principle consideration in electing to treat the corporation as a "C" or "S" corporation. The "C" corporation with Nevada corporate headquarters is taxed as a corporation and treated as an entity with limited liability for the owners, officers, and directors.


Form an “S” Corporation in Nevada?

"S" corporations with Nevada corporate headquarters permit some liability of the owners, officers and directors and the profits pass to the individual(s) owners personal 1040 tax returns where they are taxed based upon the owner's tax bracket. "S" corporations operate on the calendar year as compared to the "C" corporation's fiscal year.


There are advantages and disadvantages to each "election" of either "C" or "S." The advise of a tax profession is recommended before deciding which kind of corporation is best suited for your intended use.

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BALLINPHORT CORPORATION
8550 W. Charleston Blvd.
Suite 102-105
Las Vegas, NV 89117

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Toll Free: 866-842-1212
Direct: 702-233-1703
Fax: 702-233-3924

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General Inquiries: info@ballinphort.org
Sales Department: sales@ballinphort.org
Technical Support: support@ballinphort.org

  • No Corporate Income Tax
  • No Taxes on Corporate Shares
  • No Franchise Tax
  • No Personal Income Tax
  • No I.R.S. Information Sharing Agreement
  • Nominal Annual Fees
  • Minimal Reporting and Disclosure Requirements
  • Stockholders are not Public Record
  • Bearer Shares Allowed for Nevada Corporations

1. Stockholders, directors and officers need not live or hold meetings in Nevada, or even be U.S. Citizens;

2. Directors need not be Stockholders;

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Officers and directors of a Nevada corporation can be protected from personal liability for lawful acts of the corporation;

4.
Nevada corporations may purchase, hold, sell or transfer its own stock;

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Nevada corporations may issue stock for capital, services, personal property, or real estate, including leases and options. The directors may determine the value of any of these transactions, and their decision is final.

Nevada corporations provide the highest level of privacy and asset protection available without leaving the country. We consider Nevada the only state that provides all the required elements necessary to protect your privacy and ensure adequate domestic protection of your assets.

Ballinphort offers a full range of services to support your Nevada Corporation including mail services, bank account opening, resident agent services, corporate nominees, corporate minutes and records services and our Nevada Corporate Base program. We can also coordinate your Nevada Corporation or limited liability company with your offshore international business company, trusts, and foundations.

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