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Nevada Company Registration

Ⅰ、Introduction of Nevada: 
Nevada, covering an area of 109,800 sq miles, the climate is arid with annual rainfall less than 15 inches, or even less than 4 inches south. The northern part of the state's spring, summer and autumn the climate hot and dry, there are 300 days year-round sun. Per capita income: in 2000 for the US $ 30529, the average personal income than the United States US $ 29676 U.S. dollars high, ranking the 12th place U.S. states.
Las Vegas of Nevada, in addition to hold well-know the COMDEX computer exhibition every year , and organized environmental protection equipment, auto parts, medical equipment, agricultural products and other large trade exhibition in order to promote the commercial development of the state. The state government hopes that foreign manufacturers to make greater use of this large-scale trade fairs to expand the U.S. market, and the states are also actively promoting the state companies within the group to participate in major trade fairs abroad to expand sales in overseas markets.
There are few kinds of tax, low tax rate in Nevada, not to collect corporate and individual income tax; business taxes (Franchise Tax). Nevada did not join the Tax Information Exchange Agreement; shareholders List do not need to be published; the company’s director need not to live in Nevada. In accordance with the provisions of Nevada free port (Freeport Law), by the state storage, assembly and processing, and finally re-exported to other states for sale of products, the company may dispense with the property taxes (Property Tax).

Ⅱ、The advantage of registering a limited company in Nevada:
1.   Allow the name and address of investor to be confidential
2.   Allow unified management, investor could not influence the business practices of limited liability company
3.   Allow one investor
4.   Whatever company manager or investor need not to live in Nevada
5.   Limited liability company could be existing permanently
6.   The number of investors is unlimited
7.   A single investor’s limited liability companies do not need to declare the United States income tax
8.   more than one investor, limited liability company may choose to tax the capacity of partner
9.   Can operate bank accounts in the United States
10.  Can purchase, lease, value-added or use of various types of movable or immovable property
11.  Allow limited liability companies use for a broader commercial purpose
12.  The procedure of setting up is very simple
13.  Nevada wouldn’t collect company or personal income tax
14.  Company could be set up by one person
15.  The name of company could retain 90 days at the minimum cost
16.  The limited liability company could sign contract and take responsibility
17.  Company could use cash, property or services as a capital

Ⅲ、   The necessary condition of setting up company:
1.  The company name ( Chinese)
2.  The shareholder of company ( at least one shareholder)
3.  Company director ( at least one director)
The shareholder and director could be the same main body; it could be natural person or limited company.
Natural persons could be any nationality , but must be at least 18 years of age (except the person that not to lift the bankruptcy order or the person of unsound mind )
Limited registered for any of the Limited
4.   The registered agent
5.   The registered address
6.    The registered capital
Companies do not need to apply for verifying registered capital, and there is no funding limited. It is need to say the amount of the share when registered company. Companies usually issued 1000-100000 shares at first. Then could be increase the number of share at any time after setting up the company

Ⅳ、Clients should provide the following information:
1.  The Chinese name of the company ( two or more, prepare for choosing)
2.  Authorized share capital
3.  The proportion of the shareholding
4.  The duplicate copy of identity certificate of shareholders and directors
5.  Existing permanent address (or mailing address) and contact telephone numbers of shareholder and director

Ⅴ、 Gettable documents after setting up company:
1.  Company registration certificate
2.  The article of association
3.  Stamp and steel seal
4.  Company legal list
5.  Company stock book
6.  One CD of keeping the relevant documents
7.  A “green box”

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