Nevada is one of the most desirable business relocation destinations in the country. There are many benefits to relocating some or all of your operations to Nevada, which is why our state has become home to thousands of new small and large businesses. Nevada offers many investment incentives to relocating businesses, including tax abatements, grants, equity investments, tax credits and more, as well as 16 recently updated incentive programs such as Workforce Innovations for the New Nevada and New Markets Tax Credits. When Nevada’s favorable business climate is combined with our state’s relatively low cost-of-living, it’s easy to see why employers and employees are heading our way.
Grounded in gaming, tourism and mining, Nevada industry continues to expand into information technology, manufacturing and logistics, healthcare, natural resources technology, and aerospace and defense. These industries are burgeoning because Nevada has no state corporate or individual income or franchise tax, and no tax on the shares of Nevada entities. Business formation fees are low, incentives are high, and state agencies are user-friendly. And our geographic location provides a strategic vantage point from which to do business across the western United States.
McDonald Carano delivers a deep roster of knowledgeable, connected and influential legal and government affairs practitioners with collective decades of experience in advising businesses of all sizes relocating to Nevada. We help entrepreneurs, as well as global corporations, establish themselves across Nevada and thrive. We work with clients to relocate their out of state business entities to Nevada, including dissolution of old entities, formation of new entities, mergers and business combinations with Nevada entities, and other entity structures, including corporations, limited liability companies, partnerships, and business trusts, .
We guide clients through the more noteworthy aspects of establishing a business in our state, including providing registered agent services in Nevada. Our registered agent affiliate, Sierra Corporate Services, assists its clients with maintaining company records required to be maintained in the state. With less reported business cases than states such as Delaware, New York or California, Nevada companies may face uncertainty when navigating the legal principles that govern their entities. We work with our clients to anticipate the potential challenges they may face and to achieve their desired entity formation and governance results.
Establishing a business in Nevada requires more than the creation of a legal entity. Our attorneys know how to leverage Nevada laws that support business investment and management. Moreover, we know the court cases and employment rules and regulations that aid employers in our business-friendly state.
Consequently, we guide clients through planning, development and financing initiatives, contract negotiation and documentation involving commercial real property, labor and employment contracts and counseling, as well as ongoing entity governance endeavors.
Our clients also rest easy knowing they can call on the strength of our Government Affairs & Advocacy Group if they are faced with a government affairs issue. With deep connections on both sides of the aisle and as every layer of government, we open doors quickly. No matter where our clients need us, we are there, leveraging our knowledge and contacts to craft impactful solutions for clients doing business in Nevada.
We at McDonald Carano know the territory—the legal and business terrain. We put that knowledge to work as we collaborate with clients to maximize their opportunities and return on investment across our state.
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