Should you form your LLC in Nevada? We've collected the relevant information that will help you make this decision.
- Taxed as a partnership
- Owner disclosure in original filing
Cost of doing business
- $275 filing fee / $350 annual statement
- Owner disclosure in original filing
Forming an LLC in Nevada
In order to communicate to the public that your new business is an LLC, its official name will need to end with one of the following signifiers (or abbreviation of): “Limited liability company”, “LLC”, or “L.L.C.” In addition, it is required that the name of your business is not intentionally misleading to consumers, for any reason. Your company’s new name must also be completely unique, and not deceptively similar to any other organizations name or trademarks. There are also restrictions placed on the use of terms common to the financial and real estate industries. Do a FREE name search now.
The owners of an LLC are called “members.” The following information must be required regarding your LLCs members:
- Required number of members
Nevada LLCs must have at least one member or manager listed in their incorporation documents.
- Age restrictions
LLC members in Nevada must be at least 18 years of age.
- Residence restrictions
There are no residence restrictions imposed on LLC members in Nevada.
- What information needs to be included in the Articles of Organization?
LLC Members in Nevada are required to list their name and address in their Articles of Organization.
Requirements for the Articles of Organization
The Articles of Organization is a document that must be filed during the LLC formation process in every state. Here is the information that must be included in this document when filing in Nevada:
Registered agent information
All Nevada LLCs must have a registered agent on file, and submit their name and address (which cannot be a PO box). This agent will be required to be accessible during standard business hours, and act as the state’s point of contact with the company. Learn more about registered agents.
Additional Nevada filing requirements
Many states have steps in the LLC formation process that are unique to that state. These can also vary at the municipality or county level as well. Here are the steps required throughout all of Nevada:
Initial report and business license deadlines
New LLCs in Nevada are required to file an initial report and acquire a business license within one month of incorporation. There are fees associated with these processes, which typically amount to several hundred dollars.
If your business is a professional practice
Professional service companies are permitted to form under the professional limited liability company (PLLC) structure.
Nevada LLC taxation and fee requirements
There are several tax and fee requirements that must be addressed by LLCs in Nevada. They are as follows:
All states have complex taxation requirements. For more information regarding taxes in Nevada it is advised that you visit the state’s official business related website.
Annual report requirements
While LLCs in Nevada are not required to file an annual report; they must file a list of all of the company’s members and managers, as well as obtain a business license every year. The combined cost of these filings is $325. Learn more about annual reports.
Tax identification numbers
Nevada requires an EIN (employee identification number) for all LLCs that will have employees, and most banks will require one to open accounts. Nevada also requires LLCs to obtain state tax ID numbers. Learn more about EINs.
Business license requirements
The business licenses and permits required in Nevada vary wildly depending on the county or municipality in which your new LLC is located. If you would like to see more in-depth information on licenses and permits, please feel free to visit the content in our learning library that covers business licenses and permits.
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