Every corporate structure in the US is treated different based on the laws and regulations of the state. Different states have different laws in regards to business. The accumulation of state law dictates whether a state provides a good or bad business environment. Unfortunately there are very few states that boast a pro-business environment.

Nevada and Delaware are known as the traditional corporate havens in the nation. Up and coming Wyoming is becoming popular as well. These states all have pro-business however it depends on your type of business. The major difference between Delaware and Nevada is that Delaware focuses its benefits on large fortune 500 companies, while Nevada directs its benefits to smaller businesses. Nevada is arguably the most beneficial state to incorporate a business, whether local residents or out-of-state entrepreneurs:

Below are a few of the benefits of Nevada:

• You do not have to live in Nevada
• Nevada has the best pro business environment in the US
• Nevada has the strongest corporate veil in the nation.
• Nevada has no state income tax or corporate tax.
• Nevada has some of the best privacy laws in the nation.
• Nevada has no minimal capital requirement.
• Nevada corporations and LLCs can operate business from multiple offices, anywhere in the world.
• Officers, Directors, and Stockholders are not required to be US citizens.
• One individual can assume all or multiple positions within the corporate structure.
• Nevada has significantly less formalities and corporate requirements than the other states.

That’s how incorporation starts. Many more considerations exist: “The Devil is in the details” is the saying. But the pre-incorporation process is critical to your success. Determining what each individual will have to do in a start-up is essential to avoid being hit with the unexpected, due something being overlooked.

You want to find the incorporation structure offering you the most personal and professional benefits, with the least potential trouble spots, and the highest chances of gain.