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Without franchise tax and tax on corporate shares, Montana's 6.75% corporate
income tax is fairly manageable. It is fairly easy to find out doing business and
incorporating in Montana on their website. It's easy to form a Nevada
Corporation as well. If you do you'll save a lot because Nevada doesn't have
any corporate income tax. Nevada protects your assets with statutory indemnification
of officers among other favorable business policies. Nevada is the only state
that protects personal information by not requiring stockholders to be public
record See below for a detailed analysis of the differences between incorporating
in Nevada vs Montana:
| |
Nevada |
Montana |
|
State Corporate Income Tax ? |
None |
6.75% |
Tax Foundation's, Corporate Tax Ranking Index ? |
1 |
16 |
Personal Income Tax ? |
None |
1% - 6.9% |
Tax Foundations, Personal Income Tax Ranking Index |
1 |
20 |
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* |
|
|
|
Glossary of terms
|
|
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