"The strongest principle of growth lies in the human choice." - George Eliot

NCH consultants will ensure your corporate structure is ideally suited to your situation and circumstances. The goal, of course, is to be certain that the entity you choose provides the maximum tax and asset protection benefits available.

Classic Corporation
The corporation is perhaps the most dynamic and most flexible business entity. Offering tremendous advantages that generally outweigh all other business structures, the corporation is the most commonly used structure in business today. A corporation is a legal “entity” created separately from those who own and operate it. Like an “artificial person”, the entity separates a corporation’s debts and taxes from the assets of its owners (shareholders), thereby offering the greatest personal liability protection of all business structures. The corporation also continues to exist even after the death of a shareholder, so it offers tremendous estate planning advantages.

Your time is limited and valuable. That’s why NCH’s fulfillment department strives to present your corporate documents to the state for processing within twenty-four hours. The corporate record books NCH sends to its new clients are some of the most complete, thorough and informative books available on the market today. When you incorporate with NCH, you’ll receive a personalized corporate record book complete with your new company’s name plate, seal and stock certificates. Your corporate charter, annual meeting minutes, articles of incorporation, resolutions, tax ID application and sample forms are all included in this book.

Limited Liability Company (LLC)
The LLC is a hybrid entity that combines the pass-through attributes of a partnership with the corporate characteristics of limited liability. LLCs pass all of the profits and losses directly to the individual members (i.e., owners) of the LLC. Accordingly, they are taxed at their personal tax rates. Members’ personal assets are protected against any legal claims against the business because the LLC separates the members from the business itself. The LLC structure can be used to hold property and transact any type of business.

Family Limited Partnership (FLP)
The FLP is a legal business entity that can be the owner of life insurance, family vacation property and most other personal assets. A limited partnership consists of general partnership interests and limited partnership interests. An FLP is typically structured with the general partnership portion holding less than 5% of the total value of the assets of the partnership. The limited partners hold the balance of the assets. Partnerships are very flexible and generally have many additional tax benefits compared to other entity structures. When you create an FLP through NCH, we’ll file all the paperwork and create your structure through an independent, in-house law firm.

Limited Liability Limited Partnership (LLLP)
This form of business entity combines the liability and protection benefits of incorporating with the pass-through taxation benefits of partnerships. At least two people are required to form a limited partnership – one is named a general partner and one a limited partner. Nevada now has limited liability limited partnerships. The limited liability clause results in limited legal exposure to the partners. Again, NCH will file all the paperwork for the creation of an LLLP through an independent law firm.

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