By Alex Lubyansky Managing Partner Last updated
Acquisition Stars advises buyers and sellers on business acquisition lawyer matters across Nevada.
Serving clients across Nevada.
Request Engagement AssessmentAcquisition Stars advises buyers and sellers on business acquisition lawyer matters across Nevada. Alex Lubyansky leads every engagement, and has been M&A counsel since 2013 across transactions of varying complexity, from lower-middle-market deals to multi-party structures.
Share the basics. Alex reviews every inquiry and responds within one business day.
Your transaction details are under review. If there is alignment, we will be in touch.
Meanwhile, feel free to call us directly at (248) 266-2790
Enforceable with restrictions for low-wage workers. Blue-pencil available.
Enforceable under NRS 613.195 if reasonable. Nevada courts blue-pencil overbroad restrictions. The statute requires that non-competes be supported by valuable consideration. In 2021, Nevada enacted restrictions (SB 47) prohibiting non-competes for hourly employees or employees paid at or below a specified compensation level. Non-competes arising from the sale of a business are given broader latitude.
Nevada has no corporate income tax, no personal income tax, and no franchise tax. The state imposes a Commerce Tax (0.051%-0.331%) on gross revenue exceeding $4 million, varying by industry. As a community property state, Nevada requires the consent of the other spouse to sell or encumber the assets or goodwill of a business both spouses help manage, and both spouses must join to convey community real property, under Nev. Rev. Stat. 123.230(6). Nevada's favorable tax profile makes it attractive for entity structuring.
Entity mergers and conversions must be filed with the Nevada Secretary of State. Bulk sales compliance requires 45-day advance creditor notice. Annual lists (reports) are required with relatively high filing fees. Business licenses are required from the Nevada Secretary of State.
Nevada has repealed Article 6 (Bulk Transfers) of its Uniform Commercial Code, so no bulk sales notice to creditors is required. Buyers should address successor liability for unpaid Nevada taxes with the Department of Taxation and rely on contractual indemnities and escrows.
Acquisition Stars handles M&A transactions for Nevada clients and works with securities counsel on securities matters. Alex Lubyansky leads every M&A engagement.
Alex Lubyansky leads every business acquisition law engagement, with an associate supporting the work.
M&A counsel since 2013. Nationwide practice. LOI through closing.
We review every transaction inquiry within one business day.
Your transaction details are under review. If there is alignment, we will be in touch.
Meanwhile, feel free to call us directly at (248) 266-2790
Before you go
Talk through your transaction with Alex Lubyansky at no cost. Submit your transaction details and the team will confirm next steps.
Request Your Free ConsultationOr call (248) 266-2790