5. I ALREADY HAVE A CORPORATION IN MY HOME STATE. HOW DOES A NEVADA WORK WITH IT & SHOULD I HAVE A NEVADA CORPORATION?

Nevada has no corporate or personal income tax. This may be important if you live in states with state income tax rates that are high. The first step is to establish a Nevada corp to work with your current non-Nevada corp. Then you can employ your Nevada corp providing a service to your non-Nevada corporation. Your Nevada corp can be a supplier, financial consultant, marketer, advertiser, management consultant or serve in some other capacity as a provider of services to your non-Nevada corp. Then your non-Nevada corp can pay your Nevada corp for services rendered, creating an expense for your non-Nevada company and income for your Nevada corp in a tax-free state.