Start a Business in Nevada
Corporate Compliance by Local Corporate Guides®
Starting a business in Nevada can and should be easier than you think. You file simple forms with the secretary of state, and your business is formed! Obviously there’s a few more things than that, but if you’d like to start your own business yourself, you will find it easy to hire us as your registered agent and you’ll find all the forms you could file to start a business in Nevada, along with great filing instructions on the quickest and cheapest ways to start your business in Nevada.
How to Start a Business in Nevada
You file articles of incorporation for a Nevada corporation or articles of organization for a Nevada LLC with the NV Secretary of State.
You obtain a federal tax ID number (FEIN or EIN) with the IRS after you have confirmation and filed articles from the State of Nevada showing your approved Nevada business.
Opening a business banking account under your new Nevada business name should be easy with these two items.
Nevada corporations need to pay the $200 fee and get a Nevada State Business License. You can do this online after incorporating with the Secretary of State.
You register your Nevada corporation with the Department of Taxation, the Division of Industrial Relations, and the Employment Security Division if you’re going to have employees or need to withhold sales tax.
If your business trade requires a license, you’ll have to apply for a license with the Nevada licensing board. (Most businesses don’t.) But if you do, these quick links and contact details are in your online account.
Some local cities or counties have a general license, but most don’t.
You obtain a local trade license if the city or county you’re going to be working in requires it.
If you’re going to have an office or shop you might need an approval from the city zoning for your type of business in that location.
If you get overwhelmed, just get your business pulling in money and worry about regulations later.
Are You A Do-It-Yourselfer? You Can Save Some Money:
If you want to start a business in Nevada yourself, you can just hire us as your Nevada registered agent, and you’ll instantly have the Nevada LLC or corporation forms to file along with filing instructions on the quickest, cheapest, and most efficient way to incorporate a Nevada corporation or form a Nevada LLC. You’ll get the ongoing support of our online tools, reminders and the support of a professional Nevada registered agent service.
Nevada LLC vs Corporation
Small business owners often prefer LLCs because they have fewer general requirements like annual meetings and offer flexible management. Corporations are popular among large business owners because having the option to sell stock helps attract top investors.
But, what about Nevada? Any pros and cons for a Nevada LLC vs a Nevada corporation?
In terms of initial and maintenance costs, Nevada LLCs have a slight advantage over Nevada corporations. The filing fee for the Articles of Organization is $75 whereas the Articles of Incorporation will cost a minimum of $75—payment will increase based on the total authorized shares. Both entities must submit a Nevada Annual List and State Business License Application (also called an annual report) each year; however, LLCs will pay significantly less—$350 vs $650 minimum. Again, the payment for corporations will increase depending on the total authorized shares.
During tax season, Nevada LLCs and corporations will have it extremely easy—because the state doesn’t have corporation or state income taxes! WHOOT! That’s not to say there aren’t any state business taxes—there’s a commerce tax for businesses with revenues topping $4 million and a special tax on employee wages. However, small businesses typically avoid the bulk of these taxes. Plus, Nevada offers protection against a charging order for LLCs and corporations—preventing creditors from taking over corporate shares and participating in management as is common in other states.
So, the decision to start a Nevada LLC or a Nevada corporation will depend on your specific goals. If you want to open a small business that’s easy to manage, then definitely consider an LLC. But, if you’re hoping to attract top investors, then a corporation will suit your needs.
If you want a corporation, you file Nevada Articles of Incorporation:
The Nevada articles of incorporation cost $75 with the Nevada Secretary of State. We custom draft your Nevada articles of incorporation when you hire Northwest to start your Nevada business.
The basic requirements of Nevada corporations are:
- An incorporating Nevada ending such as Inc, corporation, or incorporated
- A corporate purpose is optional
- An amount of Nevada corporation shares you would like to authorize
- The par value of the shares
- The name and address of the Nevada corporation directors
- The name, address, and signature of the Nevada incorporator(s)
- The name, address, and signature of the registered agent for the Nevada corporation
Nevada does not require original signatures on new NV corporation filings. Choose your desired method of return on the order form to have your filing emailed, faxed, mailed or couriered to you.
Start Your Nevada Business!GET STARTED
If you want a LLC, you file Nevada Articles of Organization:
To form a Nevada LLC, you file Nevada articles of organization. There is a $75 Nevada LLC filing fee.
The basic requirements of Nevada LLC filings are:
- The business name must have a limited liability company ending or variation of it.
- New Nevada LLCs name must be different than already registered Nevada companies.
- Duration of the Nevada LLC is perpetual unless you list a dissolution date.
- The purpose of the Nevada limited liability company.
- The Nevada registered agent and office address. The registered agent must sign to accept the appointment.
- The name, address, and signature of the organizer(s).
- If the limited liability company is to be managed by one or more managers or members. You have to list the names and addresses of the LLCs managers or managing members.
Nevada does not require original signatures on new NV LLC filings. You can choose to have your filing emailed, faxed, mailed or couriered to you on the order form.