A Nevada For Profit Corporation -Domestic -Revival(NRS78.730) is a specific type of corporation that is registered in the state of Nevada. This type of corporation is formed for the purpose of conducting commercial activities and making a profit. It is a domestic corporation, meaning that all shareholders must be citizens of the United States or legal entities within the United States. The Revival part of the name is referring to the process of bringing a business back to life, as opposed to forming a new corporation. This can be done by filing Articles of Revival with the Nevada Secretary of State. This type of corporation must adhere to the Nevada Revised Statutes (NRS) 78.730, which outlines the legal requirements for forming and operating the business. There are two types of Nevada For Profit Corporation -Domestic -Revival (NRS78.730): Profit and Non-Profit. The Profit type is formed for the purpose of making a profit and generating revenue, while the Non-Profit type is formed for the purpose of charitable or educational purposes. Both types of corporations must abide by the same NRS 78.730, but the Non-Profit type may have additional requirements.
Nevada For Profit Corporation -Domestic -Revival(NRS78.730)
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