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NEW!: The NRAA has adopted best practices
recommendations for Registered Agents
On behalf of the members of the Nevada Registered
Agent Association (NRAA), it is my pleasure to present
this informational website to acquaint you with Nevada’s
incorporation industry and the benefits it provides our state.
Nevada’s position as an international incorporation center has
been achieved as the result of decades of pro-business public
policy, a favorable tax climate, and the marketing efforts of association members.
NRAA members spend millions of dollars every year promoting the advantages of doing business in Nevada. Statistically, we estimate that between 70 - 80% of Nevada's new business filings come from outside of Nevada, which accounts for millions in general fund revenue for the Commercial Filings Division of the Nevada Secretary of State's office. Best of all, these new business filings rely very little on state or local services, so the revenue from these corporate filings is extremely profitable to the State of Nevada.
However, the challenge for Nevada is that these revenues can be extremely transitory, as other states seek to compete with Nevada for our small business incorporation market. If Nevada's current tax-advantaged, pro-business environment is lost, the state's reputation as an incorporation center will be lost as well. Once that public trust is damaged, it cannot be easily replaced. The NRAA is working to ensure Nevada's future as America's incorporation center.
In the 2007 Nevada Legislature, NRAA is proposing to create a state regulatory body to establish licensing standards for registered agent companies, and a moratorium on the filing of the troublesome corporation sole in Nevada.
Nevada Registered Agent Association President