by 
The Curious Bag
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Nevada is rising in popularity as a state for starting a new business due to the large number of economic and statutory benefits. An examination of Nevada corporation statutes reveal several of these advantages.
Significance
Incorporating your business, wherever you choose, is important for protecting the personal assets of owners, officers and/or directors. The liability in a lawsuit against a Nevada corporation or LLC (limited liability company) stops at the corporation itself.
Security
Nevada does not require corporations or LLCs to file any documentation stating the names of stockholders, maintaining anonymity. The provision of other information, such as the next stockholder meeting or out-of-state business locations, is also unnecessary.
Officers
One individual can carry all officer positions for a Nevada corporation or LLC.
Economical
Corporations in Nevada will save quite a bit on taxes. There are no corporate, personal income, franchise, inheritance/gift, admissions or unitary taxes in Nevada.
Location
Nevada does not require officers of a corporation to live in Nevada. In fact, they can live anywhere in the world. Additionally, board members/directors and shareholders can conduct meetings at any location.
Source:
Laughlin Associates: The Nevada Corporation and Nevada LLC - Understanding the Benefits
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