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Re: None

Monday, 07/14/2003 5:51:34 PM

Monday, July 14, 2003 5:51:34 PM

Post# of 32427
This was also interesting......

Dean Heller
Nevada Secretary of State
Corporate Information


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Why Incorporate in Nevada?



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No Corporate Income Tax

No Taxes on Corporate Shares

No Franchise Tax

No Personal Income Tax

No I.R.S. Information Sharing Agreement

Nominal Annual Fees

Minimal Reporting and Disclosure Requirements

Stockholders are not Public Record




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Additional Advantages


Stockholders, directors and officers need not live or hold meetings in Nevada, or even be U.S. Citizens.
Directors need not be Stockholders
Officers and directors of a Nevada corporation can be protected from personal liability for lawful acts of the corporation.
Nevada corporations may purchase, hold, sell or transfer shares of its own stock.
Nevada corporations may issue stock for capital, services, personal property, or real estate, including leases and options. The directors may determine the value of any of these transactions, and their decision is final.



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