How do I create an LLC in Nevada?
Creating a Limited Liability Company (LLC) in Nevada is a straightforward process, but it involves several key legal and administrative steps. Below is a professional, detailed guide for entrepreneurs or companies looking to create an LLC in Nevada:
- Choose a Name
- Should be distinctive and incorporate "LLC" or an equivalent designation.
- Optional name reservation: $25 for 90 days.
- Appoint a Registered Agent
- Must have a physical address in Nevada.
- You can act as your own representative or enlist a professional.
- File Articles of Organization
- Submit to the Nevada Secretary of State.
- Filing fee: $75.
- Submit Initial List & Business License Application
- Required at the time of formation.
- Combined fees: $350 ($150 Initial List + $200 Business License).
- Create an Operating Agreement
- Not legally required, but strongly recommended.
- Outlines ownership and operating procedures.
- Get an EIN from the IRS
- Required for taxes, hiring, and opening a bank account.
- Free to apply online via the IRS website.
- Maintain Annual Compliance
- Submit yearly renewals for the Initial List and Business License.
- Stay updated with all state requirements.
Forming an LLC in Nevada offers tax benefits and strong privacy protections. One IBC USA, a global business formation provider, supports clients through each step of the Nevada LLC setup process, from name registration to compliance filings.