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With no franchise tax, tax on corporate shares and a 6.25% corporate income
tax, Missouri ranks fairly well on major business indices. Missouri rates
10 on the Tax Foundation's Corporate Tax Ranking Index. You can incorporate
in Missouri as an LLC, but not a Series LLC. Nevada does have Series LLC
corporations. There isn't any corporate income tax in Nevada and so incorporating
an LLC in Nevada can save your company a lot of expense. We've compiled the
data below to help you decide between incorporating in Nevada or Missouri:
| |
Nevada |
Missouri |
|
State Corporate Income Tax ? |
None |
6.25% |
Tax Foundation's, Corporate Tax Ranking Index ? |
1 |
10 |
Personal Income Tax ? |
None |
1.5% - 6% |
Tax Foundations, Personal Income Tax Ranking Index |
1 |
23 |
Franchise Tax ? |
|
|
Tax on corp shares ? |
|
|
Gift Tax ? |
|
|
Unitary Tax ? |
|
|
Estate Tax ? |
|
|
Statutory Indemnification of Officers, Directors & Employees ? |
|
|
Charging Order Protection for Corporation ? |
|
|
Charging Order is Creditor's Sole Remedy for LLC or Corporation ? |
|
|
Highest Standard of Corporate Veil Protection ? |
|
|
Series LLC Allowed ? |
|
|
Business Court* |
|
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Glossary of terms
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