Many businesses choose to form an LLC because of the limited liability protection offered side- by-side with the simplicity of the general partnerships tax structure. With an LLC, the taxes are passed through to the individual members, the LLC itself does not get taxed. The main advantages of a Nevada LLC include:

No Corporate Income Tax
No Taxes on Corporate Shares
No Franchise Tax or Gift Tax
No Business and Occupation Tax
No Stock Transfer Tax
No State Personal Income Tax
No I.R.S. Information Sharing Agreement
Nominal Annual Fees
Members do not have to be US citizens
Minimal Reporting and Disclosure Requirements
Stockholders are not a matter of Public Record
Law requires only one member you can have an LLC with only one person
Directors can change bylaws
No minimum capital is required
Only officers, directors, and resident agents are disclosed
It offers its members the liability protection of a corporation.
The LLC can elect to be taxed as a corporation or a partnership.