Forming an LLC in Nevada

It costs $75 to file your Nevada LLC articles of organization. Along with the articles of organization, you must submit an initial list of officers/managers/members. The state fee is $150. And the fee to register for a state business license is $200.

The filing fee for the articles of organization is $75. However, you must also file an initial list of officers/managers/members along with a fee of $150.

To keep your Nevada LLC compliant, you must file the Annual or Amended List and State Business License Application for a total state fee of $350. You can file online or download and complete the annual form.

Single-member LLC. If you are a sole proprietorship or solo entrepreneur business owner, you will create a single-member LLC.

Multi-member LLC. If there is more than one business owner, you will form a multi-member LLC.

Professional LLC. If your LLC offers a professional service, such as medicine, dentistry, accounting, or law, you can file as a professional limited liability company (PLLC). You use the same form as an LLC and check the box for a PLLC.

Series LLC. Nevada law also allows the creation of series LLCs, in which a parent LLC company includes offshoot LLCs. For example, a landlord could create one LLC as a "parent" for property management but form separate LLCs for each property the parent LLC manages.

The articles of organization is your initial document establishing your LLC in Nevada. When opening business bank accounts, credit card accounts, or applying for permits and licenses, you may need a copy of your articles of organization. Contact the Secretary of State to request copies. There is a $2 per page fee for copies. If you want the copy certified, there is an additional $30 certification fee.

A certificate of good standing proves your LLC exists and complies with Nevada state law. You can request it through the SilverFlume portal, along with a $50 fee. You may need this certificate to open a business bank account or operate your Nevada LLC as a foreign LLC in another state.

To form a Nevada LLC, you need a name for your LLC and a Nevada registered agent and office. Additionally, you must file the following formation papers with the Secretary of State:

• Articles of organization
• The initial list of managers, members, or officers
• State business license

There are many benefits to forming your new business as an LLC. One of the main benefits that LLCs offer is personal liability protection. Without liability protection, you could lose your personal assets, such as houses or cars, in a lawsuit over a small business debt or obligation. Having limited personal liability gives LLC owners peace of mind.

Another benefit of starting a limited liability company is LLC tax flexibility. You can set up an LLC for taxation as a partnership, corporation, or sole proprietorship.

However, there are additional advantages to forming an LLC in Nevada:

• Nevada LLCs have fewer record-keeping requirements than corporations
• Nevada offers more LLC entity types, such as professional and series LLCs
• Nevada allows anonymous LLCs for privacy protection

Every year your Nevada LLC must file an Annual/Amended List and State Business Application with the Nevada Secretary of State and pay a $150 fee for the list and $200 for the business license. You may also need to pay annual fees to renew professional or local licenses.

To form an LLC in Nevada, one of the documents you must file is articles of organization. An LLC operating agreement is a separate document not required by the state but is important to create for your own use. An operating agreement is a clear operational guide and sets out procedures for buying out members and dividing responsibility.

Yes. If your LLC would like to do business under a name other than the legal name, you will need to file a doing business as (DBA). A DBA is a fictitious name or trade name. First, you must search the fictitious name in the business entity name search database for name availability. If available, you submit a DBA application with the county clerk where your business operates for permission to use the assumed or fictitious name.

Under Nevada law, every LLC must file for a business license at the same time as the LLC formation. Professional licenses and local permits and licenses may also be required.

Yes. You can apply for a Nevada LLC online through the SilverFlume business portal. You can also use an LLC formation service to complete your application and handle your paperwork and registration.

The street address for the Secretary of State is:

Secretary of State
202 North Carson Street
Carson City, Nevada 89701-4201

The business hours are 9 a.m. to 5 p.m.

Yes. If you choose not to be your Nevada registered agent, you can use a registered agent service company. There are many reasons why busy entrepreneurs opt for a professional or commercial registered agent to set up and maintain their Nevada LLC. Registered agents help you with the following:

• Keep your business private. They are the point of contact with the Secretary of State's office. Any lawsuits or service of process goes to them, not your business address.
• Keep your business in good standing. Your LLC must comply with Nevada's annual filing requirements. If you miss an important deadline, the Secretary of State can put your LLC into default status and charge penalties.
• Assist with your business needs. As you expand your business or register as a foreign LLC, you may need a copy of your articles of organization or certificate of good standing. They can get you the documents you need.
• Keep regular business hours. Registered agents must be open during regular business hours on normal business days (Monday - Friday) to accept service of process. Depending on your business operations and travel, you may not always be at your registered office.

A domestic LLC is an LLC created in the state of Nevada. An LLC formed outside of the state under another state's laws is a foreign LLC.

If you want your LLC to do business in another state, you must register as a foreign LLC for permission to operate there. You will also need to comply with tax requirements in that state. To apply as a foreign LLC, generally, you do the following steps:

• Contact the Secretary of State in that jurisdiction to register as a foreign LLC.
• Search that your business name is available for use in that new state.
• Obtain a Nevada certificate of good standing to show your LLC is current on filing and tax obligations
• Complete an application as a foreign LLC and pay the state's registration fee.

If you have an LLC created in another state and would like to do business in Nevada, you must complete the same forms to register a domestic LLC. Indicate that you are registering as a foreign limited liability company. You will first have to check that your business name is available in Nevada.

To close your business in Nevada, you must take the following steps:

• Follow any dissolution procedures outlined in the LLC operating agreement
• Close the LLC's business and tax accounts
• File the Articles of Dissolution/Cancellation with the Secretary of State
• Pay a $100 dissolution fee

Yes. Nevada is one of the few states that allows anonymous LLCs. An anonymous LLC means the articles of organization does not list the owner's information. The articles of organization is a public record. Delaware, New Mexico, and Wyoming are the other states allowing anonymous LLCs.