State Agent and Transfer Syndicate

People you want to talk to
and people you don't.

State Agent and Transfer Syndicate, Inc. has been a family owned and operated business since 1903. Forming Corporations, Limited Liability Companies, Limited Partnerships, etc. in Carson City, Nevada, we care about your success. It is our philosophy to provide you with what you need, not with what additional services we can sell you. It is our customer service and integrity that has allowed us to grow for over 105 years. State Agent and Transfer is proud to be a Commercial Registered Agent, in the state of Nevada, a member of the Nevada Registered Agent Association (1996), the Carson City Chamber of Commerce (1945) and the Better Business Bureau (2000).

Should I Incorporate?
There are many forms of business and many strategies available within each form of business. The type of business entity that is best for you depends upon your needs and goals and can be determined from an assessment of the following information. Here at State Agent and Transfer Syndicate, Inc., we specialize in making sure that your corporation is real, your paperwork is in order, and that your plans and needs can be realized. There are some things you need to consider before making your decision.

1. Past History: This involves assessing the assets and liabilities of the business and the individuals involved in that business. It is rare that a business is established without any past history, or that the individuals involved don’t have issues in their lives which could affect the business or make the business impact them.
2. Liability Protection: In this litigation prone society, one needs to consider the potential for lawsuits and creditor actions against the company and its participants as well as against individual conduct outside the enterprise.
3. Tax Planning: The way a business is established can have a significant tax impact on the company and people involved in it.
4. Estate Planning: Ultimately, a business will be dissolved, sold, or passed on to future generations. Several issues regarding estate planning can be impacted by the kind of business entity established.

What is A Corporation?
The term Corporation or Incorporation refers to the establishment of a business entity. The form may vary, but these enterprises have many features in common, and a few features that distinguish them for use in special situations. In reference to entity development, we are experienced in the establishment and management of Limited Liability Companies (LLC’s), Partnerships, S Corporations, and C corporations.

1)      The Corporate Veil

Nevada protects the corporate veil like no other state. As a comparison, over the last twenty four years, the corporate veil has been pierced in Nevada only twice, while in California, it has happened to fully half of all corporations.

How does Nevada protect you? Unlike a sole proprietorship, in which you are personally responsible for all debts and obligations incurred by your business, a corporation in Nevada is a nearly impenetrable entity as far as creditors are concerned. More so than any other state, Delaware arguably being the second best, Nevada will not only protect you but also the board of directors.

2)      No State or Corporate Franchise Taxes.

As long as your company has at least one employee in the state of Nevada,  there are no State or Corporate Franchise taxes.

3)      A Single Individual Can Hold ALL of the Corporate Positions in Nevada

Although many other states require at least three different officers or directors, Nevada will allow one person to hold the offices of the three major positions: President, Secretary, and Treasurer.

4)      The Only Requirement in Nevada to Form a Corporation is a Legal Purpose

In many states, including California, Indiana, Iowa, Louisiana, Maryland, Michigan, Minnesota, New York, North Dakota, Oregon, Pennsylvania, Rhode Island, Texas, and Virginia, the state requires a corporation to have a “business purpose” in order to form an LLC (Limited Liability Company). This requirement thus limits the LLC from holding an asset to protect it from a creditor, unless the state deems that the LLC falls into one of their business purpose categories. In Nevada (along with some other states), an LLC can be formed for “any lawful purpose”, and that LLC can then hold personal assets without having to perform any business without effecting business license statutes.

5)      Nevada Has Low Filing Fees

$125 for listing and $200 for business license fees.