Many businesses choose to incorporate in Nevada because of liability issues. Persons owning corporations do not run the risk of having their personal assets lost if the company is sued. One of the advantages to incorporating in Nevada is that this state has gotten rid of what is called “joint and several liabilities.” Normally, if a corporation gets sued, you and all of your shareholders are equally responsible, no matter how much each person might have had to do with actually causing the damage. This is not the case in Nevada, where each defendant is required to pay a share of the total penalty that is equal to his or her actual responsibility for the damage. The court assigns the percentage of liability in these instances.

If your business is physically operated and located in Nevada, and if your employees are legal residents of the state of Nevada, you will enjoy other benefits. One big one is that there is no state income tax that your business will need to pay. Another benefit to Nevada businesses is that Nevada does not exchange information with the Internal Revenue Service. Again, this applies only to Nevada-based businesses with resident of Nevada employees.

The State of Nevada is one of the few states that allow the public access to their Nevada criminal records. The Records and Identification Bureau under the Nevada Department of Public Safety is the central repository of Nevada criminal records. The purpose of the state database of Nevada criminal records is to provide centralized, complete and documented criminal justice information and statistics to the state’s criminal justice community, the public, and many other authorized clients and contributors. Such information is then used in making informed public policy, criminal justice and regulatory decisions concerning crime and criminal offenders.

“Record of criminal history” means information contained in records collected and maintained by agencies of criminal justice, the subject of which is a natural person, consisting of descriptions which identify the subject and notations of arrests, detention, indictments, information, or other formal criminal charge and dispositions of charges, including dismissals, acquittals, convictions, sentences, correctional supervision occurring in Nevada, information concerning the status of an offender on parole or probation, and information concerning a convicted person who has registered as such pursuant to chapter 179C of NRS. The term includes only information contained in memoranda of criminal justice in this state. The term is intended to be equivalent to the phrase “criminal history record information” as used in federal regulations.