Setting up the right type of business entity in Nevada is crucial for a lot of good reasons.<\/p>\n
Just because someone had the bright idea to set up a business in Nevada doesn\u2019t mean all the details can be immediately put into action and the business open within a month. While that might be a nice dream, the practical reality is that there are a lot of hoops one needs to go through to set up.<\/p>\n
The initial start up process isn\u2019t so difficult to handle as it usually involves, among other things, choosing a name, deciding what to sell and how to do that, and where the business should be located. This is all the fun stuff, but the other side of the coin is that there needs to be a decision about how to legally set up the operation. Should that entity be a corporation or a limited liability company?<\/p>\n