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Each state has its own standards about incorporating that business owners should be familiar with. This is true whether you’re incorporating a business already in existence or starting a business.
When you’re incorporating in Nevada, your corporation does not have to include endings such as “Inc.” or “Incorporated” in its name. However, Nevada does have some restrictions on what you name your business when it is incorporated in Nevada.
The business name may not be the same as (or deceptively similar to) the name of any corporation, limited liability company, limited partnership, foreign corporation, foreign limited liability company, or foreign limited partnership. Also, the corporation’s name may not be the same (or deceptively similar to) a name that’s been reserved for another proposed corporation, unless appropriate written consent filed with the Articles of Incorporation.
A name that implies powers of banking, trust or insurance requires the approval of banking superintendent or insurance commissioner. Also, a number of words require approval by a state agency, such as “Realtor,” “Brokerage,” “Financial,””Accountant,” and so forth.
If the name of the business appears to be a natural person’s name, or contains a given name or initials, then the corporate name had to indicate that it is not the name of a natural person. An additional word such as the following must be included:
Incorporating in Nevada requires an Articles of Incorporation document. When you’re incorporating in Nevada, your Articles of Incorporation include the name and address of your registered agent with a physical address in Nevada. Nevada does not allow post office boxes, and, the registered agent has to be available during normal business hours.
In Nevada, the Articles of Incorporation also list authorized shares and par value. Note that an increase in the number of shares or par value could affect initial filing fees.
When you’re incorporating in Nevada, the names and addresses of officers are not required to be listed in the Articles of Incorporation. See the discussion below for director information.
CT Tip: On or before the last day of the month following the incorporation, corporations have to file an Initial List of Officers/Directors and Business License.
Nevada requires that a corporation must have one or more directors. However, Nevada statutes do not specify where a director must reside.
Directors must be at least 18 years of age. Also, when you’re incorporating in Nevada, the Articles of Incorporation must list director names and addresses.
Nevada requires an Initial List of Officers/Directors and Business License to be filed on or before the last day of the month following the incorporation.
In Nevada, professionals such as physicians, attorneys and accountants are allowed to form a professional corporation (PC).
If you would like information on Nevada state fees for incorporating in Nevada and our incorporation services, contact a CT Specialist. We're here to help!
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