Nevada VS. Delaware

Delaware Nevada
State Corporate Tax Yes No
State Personal Income Tax Yes No
Franchise Tax Yes No
Requirement to Report Number

of

Shares Issued and Outstanding

Yes No
State Shares Tax Information

with the I.R.S.

Yes No
Requirement to Report Places

of

Business Outside State of Incorporation

Yes No
Requirement to Report Dates

and Times of Annual Stockholders and Directors Meetings

Yes No

Delaware is the state that was formerly and traditionally recognized as conducive to corporations. My, how things have changed!! The above chart speaks for itself.