Corporate
Support Services of Nevada, Inc. (CSS Nevada) is an asset protection company
formed in June, 1998 and located in Las
Vegas, Nevada. It is
a unique company in that it does far more than merely form Nevadacorporations for its clients.
Nevada is, of course,
one of the best states in which to incorporate. NevadaDelaware of
the West.” For the past several years, Nevada
has been among the top ten states in the formation of new business entities. There
are many reasons for this. Some of them are as follows:
revised its business entity statutes in 1987, positioning itself to become the
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Nevada
has no state personal income taxes, no state corporate income taxes, no
franchise taxes, no taxes on corporate shares, no succession taxes.
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It is almost impossible to "pierce the
corporate veil" in Nevada.
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There are minimal reporting requirements in Nevada. Only the names
and addresses of the officers and directors need be disclosed to the State.
Stockholders’ of a Nevada
corporation are not a matter of public record.
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Nevada
truly permits a "one person" corporation. One person can hold the
required offices of president, secretary and treasurer of the corporation, and
also be its sole director, thereby satisfying all the disclosure laws of Nevada.
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Nevada
permits the Board of Directors meetings to be held anywhere in the world.
Travel and expenses for the meetings are tax deductible by the corporation.
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Neither stockholders, officers or directors
of a Nevada corporation are required to live
in Nevada, nor are they required to be U.S. citizens.
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Nevada
has stronger laws protecting officers and directors from liability for acts
done either by the corporation or on behalf of the corporation than any other state.
Nevada is the
only state which requires a showing of "gross negligence," a legal
burden extremely hard to meet.
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Nevada is the only
state in the United States
which provides “charging order” protection for a stockholder of a privately
held Nevada corporation.
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Nevada is
the only state in the United
States which does not have a reciprocal
information sharing agreement with the Internal Revenue Service.
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A Nevada
corporation can provide asset protection and be utilized for personal estate
preservation.
Most of the above statements also apply
to the formation of Nevada LLCs and limited partnerships.
CSS Nevada forms, provides office
services and acts as resident agent for the Nevada entities formed for its clients.
Additionally, CSS Nevada forms LLCs, limited partnerships, land trusts and
living trusts for clients not only in Nevada,
but in all 50 states of the United
States.
However, CSS Nevada does far more than
forming and maintaining entities for its clients. CSS Nevada will form a
Financial Fortress for its clients, protecting both business and personal
assets. After an in depth discussion with its client, CSS Nevada will form an
entity structure which will protect not only the business and personal assets
of its clients, but is designed to grow and expand as the client acquires more
assets.
Finally, CSS Nevada will provide, at no
additional cost, on going consultation with its clients to assure that its
clients are kept up to date on changes in the laws in Nevada and all other
states in which its clients have entities as well as showing its clients how to
best utilize their entities to achieve maximum asset and liability protection.
Alan Russell is the president and founder
of CSS Nevada. He graduated from UCLA School of Law in 1970. In addition to
practicing law in California
for over 20 years, he served as a Judge Pro Temp of the Los Angeles Municipal
Court for a number of years. Mr. Russell worked for another entity structuring
company in Nevada
from 1994 through 1998. At that time he formed CSS Nevada and has operated it
since. His legal background gives him a deep understanding of the corporate
laws and the ability to form complex structures for clients with a variety of
assets. He is a well known speaker and has spoken to audiences about asset
protection throughout the United
States.