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Nevada- Your Entertainment and Incorporation Center in the Desert

Nevada is a state that covers a large area and is home to 2 million people. Its largest city is the Casino Center and international playground, Las Vegas, population heading toward 600,000. The building of the Hoover Dam made it possible to have large cities in the desert with adequate water supplies. Nevada first passed legalized gambling in the 1930s and business in and around the casinos is still your best bet for your Nevada Incorporation.

The capital of Nevada is Carson City, and Nevada has a reputation both nationally and internationally as a business friendly state. Nevada has no franchise tax, no personal income tax and no corporate tax. Its courts are known to do their best to maintain the corporate veil and not to overly interfere with Nevada Corporations. Similarly, there are very few restrictions from usury laws, which have made Nevada a center of credit card and financial center companies. Incorporations are a simple as possible, in general.

Las Vegas has had a problem of spreading out. In the late 1980s there was a move in Las Vegas of hotels and casinos away from downtown Las Vegas, and into the Las Vegas Strip. A concerted effort has been made by city officials to diversify the Las Vegas economy from tourism by attracting light manufacturing, banking, and other commercial interests, part with the easy regulations for business in Nevada.

The city purchased 61 acres from Union Pacific Railroad in 1995 with the goal of creating something to draw people to the downtown area. Along with the Union Park Development, other promising residential and office developments have begun construction around downtown Las Vegas. Taller buildings are being built in Las Vegas, some over 1,000 feet in height.

Casinos are the main business in Las Vegas, and now they are getting unionized. Steve Wynn of Wynn Las Vegas, notified dealers in a closed-door meeting that frontline supervisors would be included in their tip-pooling agreements, but then allegations were posted on a Web site popular among dealers that Wynn insulted them for taking huge tips from players. The remarks spread like wildfire, stoking talk about organizing dealers at his resort. These recent controversies have helped to unionize the dealers in Las Vegas casinos. Dealers by a stunning 75 percent vote, organized. The decision surprised casino bosses and even dealers up and down the Strip. However, in this era of the new economy, businesses are being unionized when this was thought totally impossible.

Other areas for gambling and other resort pleasures include the Reno-Lake Tahoe area, which has boating activities in the winter, and in the winter is a center of skiing and snowmobile activities, with no less than 15 ski resorts in the area. This is part of the Sierra Nevada mountain range. There is also skiing north of Las Vegas at the Las Vegas Ski and Snowboard Resort, in Lee Canyon. A unique adventure is to be transported to the Ruby Mountains in Northeast Nevada near Elko. There each winter there is 500 square miles of thick powdery snow to ski on.

Reno: Major Industries and Commercial Activity

Tourism Business

Tourism is the major industry in the Reno area. The hotel and casino industry attracts more than five million visitors annually and adds over $4 billion to the local economy each year. The business climate also has a strong presence in manufacturing and logistics in industries such as computers, electronics, financial services, and communications. This diversity supports the thriving local economy and includes a wide range of restaurants and retail options. The nearby mountains draw many tourists to the highest concentration of ski resorts in America, and contribute to the unlimited year-round recreational opportunities
Items and goods produced: cement, labeling devices, suntan lotion, valves, dairy and food products, pet food, microwaves, electronic equipment, livestock, agricultural produce

Commercial Shipping

Reno/Sparks is situated at the hub of an extensive transportation network. Nevada borders five western states and provides overnight ground service to most of the West Coast major markets.

The area is also located on two major highway corridors: Interstate 80 and US 395. Currently, over 60 local, regional and national carriers provide trucking service in the Reno/Sparks area including the 167,000-square-foot United Parcel Service (UPS) regional package-sorting hub in Sparks. Rail freight service is provided by Burlington Northern Santa Fe and Union Pacific Railroads.

The Reno/Tahoe International Airport

is among the nation’s busiest airports with 90 daily departures to about two dozen nonstop U.S. destinations. Air Cargo in the Reno/Sparks area handles approximately 291,000 pounds daily with a total of more than 106 million pounds in 2004.

The Reno/Sparks foreign trade zones are popular to business, as they provide economically favorable conditions and operational flexibility. Currently, Reno/Sparks has eight sites with more than 7,500 acres of building space.

 
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