Corporations in Nevada have been acknowledged from a long time ago as some of the best entities that offer asset protection.
Capital: There is no minimum initial capital requisite to incorporate.
Managers / Members: A limited liability company (llc) may be managed by its members (owners) or by selected managers. If the LLC is to be managed by members it works like a corporation. Each member has equal autonomy in the process of decision making of the company. If the members so desire, they can choose one or several managers to act with the same capacity as the Board of Directors of the Corporation. These managers will be in charge of the company’s businesses.
Registered Office / Resident Agent: The company must have an authorized “resident agent” and a “registered office” in the State of Nevada where legal papers may be submitted to such entity.