Nebraska has long survived on agricultural economy and slowly has transformed into an economy that is not just reliant on agriculture but also on other sectors like financial services, manufacturing, transportation, meat processing, biomedical research, and information technology among others. The state offers businesses a favorable climate and a variety of incentives and support to aid in their overall growth. As a result, there has been an increase in the number of new businesses formed and incorporated in Nebraska.
Why Choose Nebraska for Incorporation?
Is company incorporation in Nebraska a really good business option? The number of start-up and small businesses increased in Nebraska in the last 5 years. The construction industry topped the Nebraska Small Firms by Industry in the 2013 list and moved to 4th rank by 2015 as Health Care and Social Assistance, Accommodation and Food Services while Retail Trade jumped up the table.
Now let’s take a look at some of the salient benefits that are responsible for fuelling growth of small businesses:
- Enterprise Zones: This program initiated by the Nebraska Department of Economic Development is aimed at small and medium sized enterprises. If you set up company in Nebraska enterprise zone then your business would be eligible for a variety of business incentive and funds or grants. Nebraska Enterprise Zone Application
- Rural Assistance Enterprise Project (REAP): The program has been initiated by the Nebraska Center for Rural Affairs and focuses on small business development by providing access to business management training, networking, technical assistance, and credit (micro-loans).
How do you incorporate in Nebraska?
What is the process of company incorporation in Nebraska? Do you require any specific documents? How can you submit or file these documents? These are some of the questions that you will be confronted with and hence the following steps will provide you with information on how incorporation works in Nebraska:
Type of Business
What type of business would you like to form in Nebraska? There are a variety of businesses you can form in the state of Nebraska and these include Domestic and Foreign Business Corporation, Nonprofit Corporation, General Partnerships, Limited Partnerships, Limited Liability Partnerships, and Domestic and Foreign Limited Liability Company among others. If you are planning company incorporation in Nebraska or forming an LLC then it is important to first identify the type of business you want to set up.
Business Entity Name
What is the next step towards incorporation in Nebraska? The next step is to identify and reserve a name and this can be done as follows:
- Naming Requirements: The naming requirements in the state of Nebraska are governed by Neb. Rev. Stat. §21-108 (LLC) and NE Rev. St. § 21-2028 (Corporation). The name of each limited liability company must contain words like “Limited Liability Company” or abbreviations like “L.L.C.” or “LLC”. A corporate name must contain words like “corporation”, or “incorporated” or abbreviations like “corp.” or “inc.”
- Business name search: You need to search for a business name that is not in use currently. You can conduct name search here.
- Name Reservation: Once you have identified a business entity name, you can reserve the name with the Secretary of State for a period of 120 days.
If you are foreign entity planning to set up a company in Nebraska then you will be required to register the business name with the Secretary of State.
Choose a Registered Agent
Each Business or Professional Corporation and Limited Liability Company in the state of Nebraska is required to maintain a registered agent pursuant to Neb. Rev. Stat. §21-113 (LLC) and NE Rev. St. § 21-2031 (Corporation). We are one of the respected registered agents in Nebraska and will be responsible for initiating company incorporation in Nebraska through processing of all your documents including “Articles of Incorporation” for domestic corporations and “Certificate of Authority” for foreign corporations.
Articles of Incorporation and Certificate of Authority
If you are planning to form a domestic corporation (For profit), then you will have to file “Articles of incorporation” pursuant to Neb. Rev. Stat. § 21-2018. If you are planning to form a foreign business corporation in Nebraska then you will be required to file a “Certificate of Authority” pursuant to Neb. Rev. Stat. § 21-20,168. In order to streamline the process we can file documents on your behalf through the online process or through an expedited process.
Date Stamped Copies
As a part of the process of company incorporation in Nebraska, we will ensure, you receive date-stamped and filed copies that verifies that the state has filed as well as formed your corporation.
Costs and Fees associated with Nebraska Incorporation
What would it cost to set up a company in Nebraska? Check Fees here!