Anonymity In Nevada
Anonymity in Nevada is not limited to the famous saying that "what happens in Vegas stays in Vegas." Anonymity in Nevada is one of the primary reasons so many individuals and businesses have decided to incorporate there. The state of Nevada currently has one of the strongest corporate veils in the entire United States.
The Corporate Veil--Anonymity in Nevada
Stockholders of Nevada corporations or members in Nevada limited liability companies are not listed on the public records of the Secretary of State. Additionally, the state of Nevada does not share its corporate information with the I.R.S., meaning that most of these individuals benefit from almost total anonymity in Nevada. On top of this, Nevada does not require stockholders or corporate officers to hold public meetings as an additional guarantee to their anonymity.
Aside from individual anonymity in Nevada, the corporate veil is what protects the privacy of its corporations. In the last 25 years, this veil has only been breached twice, because of large investigations into fraud. As a simple comparison, in California, the corporate veil is typically breached in 50 percent of cases brought against corporations.
The corporate veil is what protects the individuals running the corporation from being sued. Even if your company is sued in a different state, the plaintiff will have to go to Nevada in order to pierce the veil and sue the individuals directly. This simple reason is one of the most compelling reasons to incorporate in Nevada, regardless of where your company is located in the United States.
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