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Incorporating in Nevada: Good Business or Shell Game?

July 22, 2013

Here is a fairly balanced article discussing the monetary side of incorporating in Nevada (i.e., how much money the Nevada Secretary of State makes). There is a lot of potential revenue at stake for the individual states. The article does a good job of pointing out that there are both legitimate businesses and fraudsters taking advantage of favorable incorporation laws. To me, it seems that the incorporation/registered agent industry is much like the ocean: you get sharks as well a tuna. Which one you end up with depends on exercising some discretion and wisdom on your part.

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