200 More Reasons to Choose Delaware over Nevada

To conduct business in Nevada, a corporation that is formed there must have a Nevada Business License.  Effective October 1, 2009, the collection of the Nevada state Business License will now be efficiently collected by the Nevada Secretary of State concurrently with the Annual List.  (See, AB 146).  

Previously, the collection of the Nevada State business license was handled by the Nevada Department of Taxation, which resulted in it being inconsistently collected.  With the change in the law, the Business License fee ($200) will be collected with the Annual List ($125).

We’re not fans of incorporating in Nevada.  We think that Nevada is a poor and expensive choice for incorporating a business unless it will actually be conducting business in Nevada.  To learn more about the “myth” of incorporating in Nevada, watch “Should I form a Nevada corporation?” http://www.eminutesonline.com/should-i-form-a-nevada-corp/; or read “Why in the word would anyone with more than one shareholder form a corporation in Nevada?”  http://www.eminutesonline.com/why-in-the-world-would-anyone-with-more-than-one-shareholder-form-a-corporation-in-nevada/ and “Debunking the Nevada incorporation myth” http://www.eminutesonline.com/debunking-the-nevada-incorporation-myth/

Delaware, on the other hand, has not imposed “junk” fees on those opting to incorporate in Delaware, and, consequently, Delaware remains the better choice of jurisdiction for those seeking to incorporate in a state that offers flexibility and mobility.  To learn more about the benefits of incorporating in Delaware, watch “What is the benefit of incorporating in Delaware” http://www.eminutesonline.com/what-is-the-benefit-of-incorporating-in-delaware-watch-video/; or read “Delaware: Jurisdiction of Choice for a Mobile Generation”  http://www.eminutesonline.com/delaware-jurisdiction-of-choice-for-mobile-generation/.