Nevada vs. Maryland Incorporation Comparison

Though Maryland’s corporate income tax rate is 8.25% the state still ranks 7 on the Tax Foundation’s Corporate Tax Ranking. Maryland has neither franchise tax nor tax on corporate shares. Nevada also has no franchise or corporate share tax; that and Nevada’s lack of corporate income tax gives the state the highest ranking on the Tax Foundation’s Corporate Tax Ranking. If you incorporate an LLC in the state of Nevada, Charging Order is a Creditor’s sole remedy for you’re your company. Below we have compiled a list of the benefits of incorporating in Nevada vs Maryland:

 Scroll Right to View    Nevada    Maryland
Tax Foundation's, Corporate Tax Ranking Index 1 7
Personal Income Tax NONE 2% - 5.5%
Tax Foundations, Personal Income Tax Ranking Index 1 37
No Franchise Tax
No Tax on corp shares
No Gift Tax
No Unitary Tax
No Estate Tax
Statutory Indemnification of Officers, Directors & Employees
Charging Order Protection for Corporation
Charging Order is Creditor's Sole Remedy for LLC or Corporation
Highest Standard of Corporate Veil Protection
Series LLC Allowed
Business Court *

* rankings accurate as of 2013


Why Nevada?

  • You can live and run your business in any state and still incorporate in Nevada.
  • Forming your entity involves no minimum capital requirements
  • Lawsuit proof laws - If your business does get sued, your personal assets will stay safe.
Your State vs. NV

Contact Us

Nevada Corporate Headquarters, Inc.
4730 S Fort Apache Road
Suite 300
Las Vegas, NV 89147
1-800-508-1729 Mon-Fri | 8am - 5pm PST
Nevada Edge


The newly released 5th Edition of The Nevada Edge is packed with everything you need to know about the benefits of launching your business in Nevada. Download your copy now!