How to Start an LLC in Nevada
Here are the 7 steps to start a limited liability company (LLC) in Nevada
For more information on how to form an LLC in any state, see the article How to Form an LLC.
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Learn about Nevada LLC formation, including information on Registered Agents, naming rules, business licenses, and more.
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Creating an LLC in Nevada
A limited liability company (LLC) offers many benefits to small businesses, including liability protection and tax advantages.
A Limited Liability Company LLC must be formed in Nevada by file Articles of Organization with the Nevada Secretary of State and paying the filing fee is $425. ($75 Articles of Organization + $150 Initial List of Manager or Members + $200 Business License Application).
However, you’ll first need to choose a name and registered agent for your NevadaLLC . The formation of an LLC may take up to 5-6 weeks.
An LLC can be easily formed in Nevada. Simply follow these seven steps, and you’re done. Find out more about LLCs and their benefits in our What is an LLC guide.
Step 1. Choose a Name for Your LLC Nevada
Creating an LLC in Nevada requires you to choose a business name before you can file a Articles of Organization. Be sure that your business name complies with the Nevada naming requirements and can be searched by potential customers.
- Nevada law requires an LLC name to contain the words “Limited Liability Company” or “Limited Company,” or the abbreviations “Ltd.,” “LLC,” or “LC.” “Limited” may be abbreviated as “Ltd.” or “LTD,” and “Company” as “Co.”
- It is not acceptable for your Nevada LLC to have words associated with a government agency (FBI, Treasury, State Department, etc.).
- You should avoid using words or abbreviations that may make your LLC Nevada appear to be a different type of entity, such as “LP” or “corporation”.
- There may be additional documentation and licensure paperwork required for certain restricted words (bank, lawyer, attorney, credit union, etc.).
- Check the state’s business name database to ensure the name you want is not already taken(including businesses no longer in operation)
See a complete list of Nevada’ naming rules here.
Check URL availability: You are likely to need a web page even if you don’t think you do. Buying your domain name now will at least give you the option of having one in the future. It’s a good idea to check the URL availability before finalizing your Nevada LLC name.
An LLC stands for a Limited Liability Company. A simple business structure that is more flexible and offers many of the same benefits as a traditional corporation. For more information, see “What is a Limited Liability Company?”.
You may apply for a name reservation for 90 days by submitting the Name Reservation Request form to the Nevada Secretary of State. The application may be completed online at Silverflume, the Secretary of State’s web-based business filing portal, or by mail. There is a $25 fee to file.
To conduct business in Nevada under a name other than their registered name, a firm must obtain a (DBA) registration from the state. The company must file for a DBA to obtain this trade name. To learn more about DBAs, read our “What does DBA mean” Guide.
Step 2: Appoint Your Registered Agent in Nevada
Your next step in forming an LLC in Nevada is to appoint a Registered Agent, an individual or company authorized to receive legal and state mail on your behalf.
Registered Agent Requirements in Nevada
To comply with Nevada law, your LLC’s registered agent must be a resident or business entity that maintains a physical address in Nevada. The “registered address” cannot be a P.O. box. It must be a real physical address that can be visited in person.
Further, in Nevada, your registered agent must agree to perform this role and sign a form confirming their consent. Consent statements should include the following:
- The agent must be on-site and available to accept documents during regular business hours.
- Written confirmation that the person designated consents to serve as the LLC’s registered agent
- The name of your Nevada LLC and the person designated as your registered agent.
- Registered agent’s signature.
Although you do not have to submit this form to the Secretary of State, your business must record it. Learn more about Nevada Registered Agents by reading our what is a registered agent guide.
A Nevada Registered Agent must be a resident of Nevada or a business authorized to do business in Nevada, such as a registered agent service. You may choose an employee from the company, including yourself.
Yes, You can change your Nevada registered agent by submitting a Registered Agent Acceptance/Statement of Change with the Secretary of State.
Are You looking for a Registered Agent?
Wise Business Plans offers a free year of registered agent service when forming an LLC in Nevada.
Step 3.Prepare and File Article of Organization
To create a Nevada LLC, you will need to file Articles of Organization with the Nevada Secretary of State. You may apply online, by mail, or in person.
The articles may be submitted online using Silverflume, the state’s web-based business filing portal, or by mail. The fee is $75.
You will receive a duplicate form back from the state once it receives your documents.
It may take up to 5-6 weeks business days to process a mailed submission.
If you choose our business formation services, we can handle this step for you.
The following information is typically required to create a Certificate of Formation:
- Your LLC name and principal place of business.
- Name, address, and signature of the LLC’s registered agent
- Decide whether your Nevada LLC will be member-managed or manager-managed. Indicate the names and addresses of each member and manager.
- The reason for forming the LLC in Nevada.
- Name and address of the LLC’s organizer.
- The effective date of the certificate,
- The person forming the LLC must sign the Certificate.
Foreign LLCs: LLCs that are based in another state but intend to conduct business in Nevada must complete a form called the Qualification of Foreign LLC.
A filing fee of $425 in combined also applies to this form, and you need to attach your state’s certificate of good standing. That’s the total of three distinct, required filings: your foreign LLC registration ($75), a list of managers or members ($150), and a state business license application (nearly $200 all in).
Two Ways to File the Certificate of Formation
The 1st option is:
Online filing With Nevada SilverFlume
The 2nd option is:
Filing the Certificate of Formation by Mail
Address to Mail
There is a state filing of $425 ($75 Articles of Organization + $150 Initial List of Manager or Members + $200 Business License Application) payable to the Nevada Department of State. (nonrefundable)
Secretary of State
Commercial Recordings Division
202 N. Carson St.
Carson City, NV 89701-4201
If your LLC is established in another state, it will be known as a foreign LLC in Nevada for legal purposes. In other words, foreign does not imply from another nation. Rather, it implies that your company was formed under the rules of a different state.
In a member-managed LLC, the members (owners) take on the business’s daily responsibilities. Manager-managed LLCs are managed by managers who are elected by the members. Those who manage your LLC will have the authority to do a wide range of tasks-from hiring staff to opening bank accounts.
The Articles of Organization can be filed in as little as two business days via the online or up to two weeks by post.
Step 4. Get a Certificate From the State
Upon filing your Article of Organization, the secretary of state will review it. As soon as the Article of Organization is approved, the LLC becomes a legal entity.
By obtaining this certificate, LLCs will be able to obtain an Employer Identification Number (EIN), licenses, and business accounts.
Step 5. Write an Nevada LLC Operating Agreement
An operating agreement is a legally-binding document that sets out how your LLC will operate, from the voting process to mergers.
Operating agreements are not required in Nevada, but they are an essential part of your business.
Written operating agreements are helpful for different reasons, including resolving disputes over financial agreements and other potential litigation.
The LLC declaration can prove that your LLC is a separate entity, which can help preserve your limited liability.
An operating agreement ensures that all business owners are on the same page and reduces the possibility of future conflict.
How should an operating agreement be drafted?
The operating agreement should detail the LLC’s overall business purpose and other important matters, such as how the company will be taxed and how new members will be accepted. Legal agreements can clarify several important concerns, such as:
- Who makes decisions for the company, especially those who decide if partners disagree.
- Who is responsible for different aspects of the business as well as for strategic decisions.
- If a partner leaves the company, what will happen to their ownership interests in the corporation.
- The members and their contributions
- How profits and losses will be divided
- Procedures for admitting new members and removing outgoing members
In Nevada, you can include just about anything in your operating agreement, as long as it doesn’t violate the state law or the Certificate of Formation.
Yes. A single-member LLC must have an operating agreement in order to open a bank account and maintain limited liability.
Nevada does not require LLCs to have operating agreements, but it is highly advisable to have one. An operating agreement can assist safeguard your limited liability status, prevent financial and administrative mistakes, and ensure that you have control over the rules of your business rather than state legislation by default.
Step 6. Get an EIN for Your Nevada LLC
Basically, an employer identification number (EIN) is a social security number for your LLC in Nevada.
To identify your LLC for tax purposes, the Internal Revenue Service assigns a nine-digit Employer Identification Number (EIN). You can apply for your EIN either by mail or online.
An EIN is used for the following purposes:
- Manage state and federal taxes
- Create a business bank account
- Hire employees
Get an EIN Number in Nevada
Getting an EIN number is easy and free, There are two ways to get an EIN number in Nevada.
The 1st option is:
Apply online for an EIN from the IRS
The 2nd option is:
Get an EIN by Mail or Fax
Address to Mail
Mail to:
Internal Revenue Service
Attn: EIN Operation
Cincinnati, OH 45999
An EIN is required for LLCs with employees or any LLC with more than one member. This is required by the IRS.
In some cases, such as if you have employees, you’ll need to register with the Nevada Department of Taxation (DOT) and the Nevada Employment Security Division (ESD).
Step 7. File Your Nevada LLC Annual Report
Nevada requires LLCs to submit an annual report with the Nevada Secretary of State. In Nevada, this annual list is known as an annual report.
All Nevada LLCs and foreign LLCs authorized to conduct business in the state are required by law to submit an Annual Report including their directors, officers, and registered agent.
Fee: $150 payable to the Secretary of State (Nonrefundable). You may submit the form online, the Secretary of State’s web-based business filing system, or File by Mail or In-Person.
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What to do After Forming Your Nevada LLC
Keep your personal and business assets separate
Your personal assets (such as your home, car, and other valuables) may be at risk when your Nevada LLC is sued if they are mixed with your business accounts.
Here are some steps you can take to protect your LLC in Nevada:
1. Create a Business Plan:
If you have decided that a Nevada LLC will be a good choice for your business in Nevada, your next step is to create a business plan (although it is not required), so that you have a roadmap for what you will do and how you will accomplish it.
Free: Business Plans Examples
Do you need help creating a business plan? Check out these six free, proven business plan examples from different industries to help you write your own.
2. Open a Bank Account
As soon as your LLC is officially formed, you should open a business bank account. Why? Keeping separate bank accounts will help you maintain the legal distinction between the LLC and you (the owner).
Because LLCs are limited liability companies, creditors and litigants can’t take your assets.
It is essential for small business owners to partner with the right bank. Find out which banks offer the best business checking accounts, have low or no fees, ATM accessibility, and interest-earning accounts as well as online or mobile banking tools.
Recommended: Check out our business bank account page to learn which banks offer the best business check accounts, ATM access, interest-bearing accounts, and online and mobile banking options for businesses.
3. Obtaining a business credit card:
- Allows you to separate personal and business expenses.
- Develops your company’s credit history, which can be helpful to raise capital (e.g., small business loans) later.
4. Hiring a business accountant:
- It prevents your business from overpaying taxes while preventing penalties, fines, and other costly tax mistakes.
- Gives you more time to focus on your growing business by simplifying bookkeeping and payroll.
- Manage your business’s funding more effectively. Find out where extra profit or loss can be made
Getting Business Insurance for Your LLC
You can manage risks and grow your LLC with business insurance. Here are the most common types:
- General liability insurance protects your business from lawsuits. Most small businesses purchase general liability coverage.
- Professional liability insurance protects professionals and businesses from claims of negligence from their clients or customers. Liability insurance typically covers negligence, copyright infringement, personal injury, and more.
- Workers’ compensation insurance: Covers illnesses, injuries, and deaths resulting from a worker’s work.
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- General business liability insurance
- Medical insurance
- Term life insurance
- Workers’ Comp
- Surety bonds
- Commercial auto
Create Your Business Website
A website is an important step in legitimizing your business. It is essential for all businesses. You are missing out on a large percentage of potential customers and revenue if you don’t have a website, even if your business is too small or in an offline industry.
More than 90% of consumers begin their search for products and services online. If you don’t have a website that is ready to welcome your customers, then they will simply find your competitors.
Here are the main reasons why you shouldn’t delay building your website:
- Every respectable firm has a website. When it comes to getting your firm online, size or sector isn’t a concern.
- Creating a basic website has never been easier, thanks to website builder tools like the GoDaddy Website Builder. To design a website, you don’t need to hire a web designer or developer.
Recommended: If you want to enhance your conversion rates and maximize revenue in order to help expand your business and meet objectives, you should always hire a professional business website design company to build your business website.
Wise Business Plans is a leading web design company, We have created over 2000 + websites across 20 countries for our clients but we are physically based in 7 major cities in the United States including Alabama web design, Pennsylvania, Las Vegas, Colorado Springs, Iowa, Michigan and San Diego.
Nevada LLC FAQs
Filing the Articles of Organization can take about two business days online or up to two weeks by mail.
Yes, A document filed with the Nevada Secretary of State may be amended to change the name of a company, the registered agent, the stock authorized by a corporation, or any other provision of the Certificate of Incorporation.
It’s less expensive to start an LLC than a corporation or LLLP. Nevada LLC registration fees for a new firm are $425, which includes $75 for the articles of organization, $150 for the list of members, and $200 in business licensing. The LLC must submit a membership list and pay an annual fee of $150.
Call a meeting of the LLC’s members to dissolve it in the state of Nevada. The members of the LLC must pass a resolution requesting for its dissolution. This should be recorded in writing. Furthermore, the LLC must settle all obligations and distribute any remaining resources.
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