Step 5: Obtain a federal employer identification number (FEIN or EIN)
A Federal Employer Identification Number (also called a FEIN, EIN, or Federal Tax ID) is an IRS-issued number used for business identification. LLCs will need this tax ID number for filing taxes. An EIN is also frequently used for other important business activities, such as opening a business bank account, obtaining a loan, or paying invoices. Check out our article on the Federal EIN for more information.
Step 6: Meet license, permit, and registration requirements in Nevada
Nevada requires any individual or business entity doing business in the state to obtain a state business license issued by the Nevada Secretary of State’s office. Certain businesses may be exempt from this requirement, but most businesses will need to get this general license.
Your LLC may also need to get a general business license at the local level, as well as potentially meet other business-related license, permit, and registration requirements at the federal level. For example, sellers of tangible personal property will need to obtain all required tax permits from the Nevada Department of Taxation.
Nevada LLC basics and FAQs
What is the cost to form an LLC in Nevada?
At BizFilings, we clearly outline our fees and the Nevada state fees. Our pricing for forming an LLC includes:
- BizFilings’ package prices. BizFilings offers three service packages from which you can choose.
- NV state fee for standard turn-around. Our pricing clearly shows the state fee to incorporate or form an LLC in Nevada with a standard turn-around.
- Expedited turn-around. You will see the BizFilings and state fee, if any, for expedited turn-around.
- Certified copy. Our pricing also clearly displays the BizFilings and state fee, if any, for issuing a Certified Copy of the Articles of Organization for your LLC.
What is an LLC member vs. manager?
LLCs can be managed by “members” or "managers". A member is the term used to describe an owner of an LLC. Manager refers to an individual. Or entity appointed by the members (owners) of an LLC to run day-to-day operations.
The following are Nevada’s requirements for the members/managers of LLCs:
- Minimum number. LLCs must have one or more members/managers.
- Residence requirements. Nevada does not have a provision specifying where members/managers must reside.
- Age requirements. Members/managers must be at least 18 years old.
- Inclusion in the Articles of Organization. Member/Manager names and addresses are required to be listed in the Articles of Organization.
Requirements for the Articles of Organization for a Nevada LLC
The document required to incorporate an LLC in Nevada is called the Articles of Organization. The information required in this formation document may be different in other states. Nevada's requirements for a standard LLC include:
- LLC name registered in Nevada. The Nevada LLC name must include certain words or an abbreviation for "limited liability company". See "Step 1: Choose a name for your Nevada LLC" above for the list of options.
- Registered agent. LLCs must list the name and address of the registered agent with a physical address (no post office boxes) in Nevada. The registered agent must sign certificate of acceptance of the formation document (or sign a separate Registered Agent Acceptance form to be submitted with the formation document.)
- Management. Indicate whether the LLC will be managed by members or managers, and include the name and address of each manager or managing member.
- Dissolution date. If the existence of the LLC is not perpetual, include the date which the company is to dissolve.
- Initial list of officers. The initial filling must include a list of officers, managers, members, general partners, managing partners, or trustees.
Are there other filings required at time of incorporation?
Some states require additional filings or steps, such as a county level filing, publishing notice of the LLC formation in a local newspaper or an initial report filing. Nevada requires the following:
- Initial report and business license. Nevada requires LLCs to file an Initial List of Members/Managers and submit an application for a state business license at the time of filing its Articles of Organization. The filing fee is $150 for the Initial List and $200 for the business license registration.
Can you form a single-member LLC in Nevada
Nevada allows single-member LLCs to be formed in the state. Single-member LLCS are still required to file an annual list with the Secretary of State and maintain a state business license.
Does Nevada allow professional LLCs?
Nevada allows professionals, such as accountants, attorneys and physicians, to form a professional limited liability company (PLLC).
Nevada LLC tax and fee requirements
After forming a limited liability company (LLC) in Nevada, you must take certain steps on an ongoing basis to keep your business in compliance. These steps are important in preserving the limited liability the LLC provides its owner(s).
The following are taxation, ongoing fees, and other requirements for Nevada LLCs:
- Annual report and state business license requirement. Nevada requires LLCs to file an Annual List of Members/Managers and maintain a state business license. This is due by the last day of the month marking the LLC’s formation anniversary. The filing fee is $150 for the Annual List and $200 for the business license registration. Note: There may be a number of business license requirements at the local level.
- Taxes. LLCs do not pay income tax in Nevada. Since LLCs are considered "pass-through entities", the responsibility for paying federal income taxes passes through the LLC and on to the individual LLC members. In addition, Nevada does not impose a franchise tax on LLCs. For details on state taxes for Nevada LLCs, visit our Business Owner's Toolkit.
- Federal tax identification number (EIN). An EIN is required for LLCs that will have employees or if they are multi-member LLCs. Additionally, most banks require an EIN to open a business bank account.
- State tax identification number. Nevada requires a state tax identification number.
- Registered agent. Nevada requires that LLCs maintain a registered agent and office.
- Fictious name. If you will be using a fictious firm name (also known as a doing business as "DBA" or assumed name) for your LLLC, you must register that name with each county clerk for the counties in which that name will be used.
Additional Nevada information
View the following additional resources BizFilings has for forming and maintaining companies in Nevada:
