BobKamman
Level 15
01-25-2021
07:21 PM
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@Just-Lisa-Now- "NV has no state taxes, which is why people think they can save money by incorporating there."
No, it's because, unlike in most states, owners in a Nevada LLC are not a matter of public record. They can remain completely anonymous (or so they think). Mostly these are people in the paranoid fringe, whom no one is interested in tracking anyway.
There's a good discussion of this at
https://www.internetlegalattorney.com/can-business-owners-stay-anonymous/