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C corporations provide limited liability protection to owners, meaning owners are typically not personally responsible for business debts and liabilities. Starting a C corporation may also offer greater tax advantages because of an expanded ability to deduct employee benefits, which are most often used by growing businesses. A C corporation can provide the following advantages: limited liability protection, easy transfer of ownership, credibility, unlimited owners, tax deductible expenses, lower audit risk and self-employment tax savings. The important point to remember is that, when you own a corporation, it exists as a completely separate entity or ‘person’. You can live anywhere you choose because it is the corporation’s ‘state of residence’ that dictates the requirements.
Start your Nevada LLC in
24 hours guaranteed
You don’t need to live in Nevada to enjoy the best asset protection
and audit defense a Nevada LLC can provide.
To learn more, contact a Nevada Corporate Headquarters representative at 1-800-508-1729.