Office Package

Many people have their Nevada Corporation or Nevada LLC and do not have a presence in Nevada. By presence we mean an office, telephone, bank account and other evidences that in fact you are a Nevada Corporation or LLC and not just a sham. If you do not have this proof you really do not have the protection you think you have. At Silver Shield Services, Inc. we try to make sure you have everything you need to accomplish your goals of protecting assets and reducing taxes. It does cost a little more to do it right (maintaining your Office presence or package), but in the long run it is worth it.

Significant Business Presence Rules

There are rules that a court uses to determine whether or not a corporation has a presence in the state in which it is domiciled. They are called the "Significant Business Presence Rules". They are as follows:

1. The corporation must maintain a corporate business address in the state. In reference to this subject the American Bar Association, in its revision of THE MODEL BUSINESS CORPORATION ACT, ANNOTATED, Section 202(a)(3) stated: "A mailing address consisting of only a post office address is not sufficient"
2. The corporation must also maintain both an active telephone number and fax line at the business address and not in your home state. The telephone number should be listed with directory assistance.
3. The Corporation must have an EIN issued by the IRS identifying it as a Nevada Corporation or LLC. IF it has an identifying code from another state, the IRS will notify that state each year so that the state can collect those taxes. Remember, there is no state tax in Nevada. AND it is the official policy of the State of Nevada to NOT share information with the IRS.