Compare Nevada and California

Nevada vs. California Incorporation Comparison

Though California has a powerful economy it can be an expensive place to start a business. California’s State Corporate Income Tax is one of the highest in the nation at 8.84%. Nevada has no State Corporate Income Tax at all. California is ranked 40th in the Tax Foundation’s corporate tax ranking while Nevada is #1. For current rates and conditions on doing business in California, see the California Business Portal. See blow for a comparative list of business and corporate information on Nevada vs. California:

 
 
Nevada
California

State Corporate Income Tax
None
8.84%

Tax Foundation’s, Corporate Tax Ranking Index
1
40

Personal Income Tax
None
1% -9.3%

Tax Foundations, Personal Income Tax Ranking Index
1
50

Franchise Tax
Yes

Tax on corp shares

Gift Tax

Unitary Tax
Yes

Estate Tax
Yes

Statutory Indemnification of Officers, Directors & Employees
Yes

Charging Order Protection for Corporation
Yes

Charging Order is Creditor’s Sole Remedy for LLC or Corporation
Yes

Highest Standard of Corporate Veil Protection
Yes

Series LLC Allowed
Yes

Business Court*
Yes