Nevada Limited Liability Company for Asset Protection

Nevada Limited Liability Company or Nevada LLC

Asset Protection by State of Nevada: Nevada is rather unique in that it does not freely report to any agency including the IRS and the United States Government. Nobody knows who owns a Nevada Limited Liability Company as the the shares of the corporation can be treated as bearer stocks meaning that whoever is in possession of it owns it. There is no requirement that Owners and Directors be identified and officers can be one person or a person you appoint. A Nevada Limited Liability Company also does not need to be capitalized - you can have a Nevada Limited Liability Company with no assets.

There is no corporate income tax, tax on corporate shares franchise tax or personal tax. There are nomimal annual fees minimal reporting and disclosure requirements and stockholders are not of public record.

In addition stockholders, directors, and officers of a Nevada Limited Liability Company need not live in the State or even in the U.S. The directors need not be stock holders. All officers and directors are protected from personal liability.

The Nevada Limited Liability Company can purchase, sell, transfer or hold shares of its own stock and issue stock for capital, services, personal property or real estate including leases and options. The directors may determine their value and their decision is final.