Nevada vs. Wyoming Incorporation Comparison

Comparing the business tax climates in Wyoming and Nevada is tough. Both Wyoming and Nevada do not have corporate income tax, franchise tax or tax on corporate shares. Neither Nevada nor Wyoming has personal income tax, gift tax or unitary tax. Wyoming does have estate tax where Nevada does not have that tax. The big advantage of incorporating in Nevada is in asset protection. Incorporations in Nevada can be series LLC. Nevada corporations also benefit from the highest standard of corporate veil protection. We hope the table below will be helpful when deciding whether to incorporate in Nevada or Wyoming:


 Scroll Right to View    Nevada    Wyoming
Tax Foundation's, Corporate Tax Ranking Index 1 1
Personal Income Tax NONE None
Tax Foundations, Personal Income Tax Ranking Index 1 1
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

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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

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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

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