There are many reasons to form an LLC in Nevada such as liability protection, convenience and Nevada’s overall “business-friendly” climate. Perhaps you want to form a Nevada LLC because you need an entity and a bank account to purchase or hold property in the state, or you are an international client who likes that Nevada has no citizenship or residency requirements for starting a business. Whatever your reason, Nevada LLC formation is a simple process you can complete in just a few easy steps.
To start, you will need to start by making sure your company name is available with the Nevada Secretary of State. You can confirm that your Nevada LLC name is available by performing a search on the Secretary of State’s website.
Another necessary requirement to form an LLC in Nevada is that you assign a Nevada Registered Agent. The Registered Agent is extremely important because your registered agent will serve as your main point of physical contact in Nevada and will be responsible for receiving and forwarding official state documents and other legal papers. If your LLC operates in Nevada and you have a physical address that is open during business hours, someone who is available at that address can serve as the registered agent. Otherwise, you will need to choose a registered agent provider for your Nevada LLC such as MyNewComapany.com. MyNewCompany.com is a member of the Nevada Registered Agents Association and offers complete registered agent services for $99/year.
Once you have established a name and registered agent for your Nevada LLC, the next step is filing the paperwork with the state and adopting a Nevada Operating Agreement and issuing LLC Member Certificates. An online incorporation service such as MyNevadaCompany.com can file these forms on your behalf or you can file them yourself with the Nevada Secretary of State. You will also need to obtain a Federal Tax ID for your Nevada LLC and open a Nevada business bank account.
Please note that Nevada LLC formation will require “foreign qualification” if you have formed a Nevada LLC but will operate your business in a different state. Most states will require a Nevada LLC to re-register as a “foreign corporation,” meaning a company that was not originally formed in the state of its physical location. This process requires additional taxes and fees but is something we can assist you with as well.
Click here to form an LLC in Nevada online.
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