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THE NEVADA CORPORATION: NRS 78

The NEVADA CORPORATION (NC) is a statutory entity, established by the State of Nevada via Nevada Revised Statutes (NRS) #78. A NC is an entity unto itself. It is totally separate from all individuals, i.e. its Incorporators, Stockholders, Directors, Officers , and employees, i.e. "THE CORPORATE VEIL". In the eyes of the State of Nevada a NC is an individual and can do virtually anything an individual can do, say, buy, sell, own property, real or personal, create debt, raise capital and funds, etc. etc. These functions that must be made by Directors, Officers and/or Employees with authority, THIS ELIMINATES PERSONAL LIABILITY.

Nevada has become an absolute haven for NC's offering strong immunity to the assets of the corporation, protects the Directors, Officers and Employees of the corporation against frivolous suit and best of all, no corporation or individual income taxes.

Nevada corporations further have no franchise tax, no capital gains tax, no transfer tax, no inheritance tax, no inventory tax, no minimum capital requirements and most important, no communication or disclosure with US Internal Revenue Service.

A NC to become a truly legitimate entity, should have a business address, which can be Nevada Registrations, Inc.'s offices, a Nevada bank account, a local telephone and both Nevada and Clark County business licenses. All of these can be affected in less than 30 hours.

In addition to virtually "bullet proofing" all assets placed within, and the protecting of its principals and employees, the NC offers great IRS tax savings. For "openers", the tax rate on a C-CORP only 15% percent on the first $50,000. of taxable income, far less than the typical 28% to 35% individual rate, yet offers full deductibility of many of most individual's after tax living expenses. A short list of these can be company vehicles, insurance premiums both life, accident and disability income, meals, travel, entertainment, 401(k) plans etc. etc. Thru a SIMPLIFIED EMPLOYEE PENSION (SEP) the (NC) can deduct up to $40,000.00 per year from its taxable income, per employee, thus a family of four (4) could deduct up to $160,000.00. from taxes.

Please call upon me to confidentially expand upon many of the tax minimizing strategies that I have developed thru my many business years, INCLUDING TAXES IMPOSED IN OTHER STATES.

NEVADA REGISTRATIONS, INC. can incorporate an NC in the State of Nevada in twenty four (24) hours and that includes the Employer Identification Number (EIN) and an excellent set of BY-LAWS that totally mirror the NRS # 78, thus to maintain your NC in good standing with the State of Nevada at all times. A corporate bank account can be opened the same day.

CALL ME ON STRATEGY TO ELIMINATE TAXES IMPOSED BY OTHER STATES

BY MAKING IRS APPLICATION (2553) FOR SUB-S STATUS YOU CAN COMPLETELY ELIMINATE THE 15.3% SELF EMPLOYMENT TAX"
CALL ME FOR COMPLETE DETAILS ON THIS VERY SIMPLE , BUT LEGAL STRATEGY

Call upon me today to discuss a NC application tailored to your business and personal needs. I will spend what ever time necessary with you to totally and adequately satisfy your requirements. Note: you need not to be a Nevada resident, nor the business in Nevada, nor reside in Nevada, to have a NEVADA CORP.

Todd J. & Irene B. Mc Millan, Directors, Nevada Registrations, Inc.
REVISED 10 AUG 07
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NEVADA REGISTRATIONS, INC.
Nevada Corporations, Nevada LLC, Incorporate in Nevada Nevada Corporations, Nevada LLC, Incorporate in Nevada


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