Advantages of a Nevada LLC

LLCs provide limited liability protection to their owners (called Members). Typically, owners are not personally responsible for business debts and liabilities of the company so creditors cannot pursue owners’ personal assets to pay business debts.

Business owners stand to gain many benefits when they register a company as an LLC (Limited Liability Company.) These benefits are, in many cases, unavailable to Sole Proprietorships and General Partnerships.

Key LLC Advantages:

• Limited liability protection. Owners are not held personally responsible for business debts and liabilities

• Pass-through taxation. Typically LLCs do not pay taxes at the business level. Income/loss is reported on the owners’ personal tax returns and any tax due is paid at the individual level

• No ownership restrictions. LLCs do not face restrictions on the number or type of owners

• Flexible management. Owners have flexibility in structuring company management

• Fewer ongoing formalities. LLCs have less annual paperwork than, and do not face the meeting requirements imposed on, C Corporations and S Corporations

• Credibility. LLCs may be perceived as a more legitimate business than a Sole Proprietorship or General Partnership

How do I form an LLC?

To form an LLC, Articles of Organization must be filed with the State and the applicable filing fees paid. Compare our LLC formation packages, choose one, and we handle the whole process for you!

Some things to keep in mind:

LLCs are subject to ongoing requirements in the State of Incorporation, such as filing Annual List and Nevada State Business License and paying the applicable fees. There are penalties for missing filing deadlines -- up to and including your business getting revoked by the State!

Let us take care of the paperwork and filings for you! Find out more: Call us Toll Free at (888) 463-8462 Monday through Friday, 8:30 AM to 5:00 PM Pacific Time. Please email us any time at agents@nevada.org.

International Clients add $50 surcharge.

Specifics about forming an LLC in Nevada:

Here are some key facts you should know as you consider forming an LLC in Nevada.

Nevada LLC Name Requirement

The name of an LLC must end with "Limited Liability Company," "Limited Company," "Limited," "LC," "Ltd. Co.," "Ltd.," "LLC," or "L.L.C." The name must not be the same as or indistinguishable from the name of any Corporation, Limited Partnership, Limited Liability Company, foreign Corporation, foreign Limited Partnership or foreign Limited Liability Company. It must also not be the same as or indistinguishable from the name reserved for use of any other proposed LLC unless written consent of the person or other entity the name is reserved for is filed with the Articles of Organization. There are a number of words for which usage requires approval by the applicable state department or agency, such as (but not limited to) "Accountant," "Bank," "Brokerage," "Financial" and "Realtor."

Member/Manager Information

The following are Nevada’s requirements for the Members/Managers of LLCs:

• LLCs must have one or more Members/Managers

• Nevada does not have a provision specifying where Members/Managers must reside

• Members/Managers must be at least 18 years old

• Member/Manager(s) names and addresses are required to be listed in the Articles of Organization. (Sign up for use of Nevada Address and Weekly Mail Forwarding and preserve your privacy, as we will use the Nevada Address on the Articles and public record.)

Requirements for the Articles of Organization

The documents required to form an LLC in Nevada are called the "Articles of Organization." LLCs must list the name and address of a Registered Agent with a physical address (no post office boxes) in Nevada. The Registered Agent must be available during normal business hours to accept important legal and tax documents and Legal Process of Service for your business.

Other filings required at time of Incorporation

Nevada requires LLCs to file an Initial List of Members/Managers and Nevada State Business License at the time of initial filing. We will file your Initial List of Managers/Members and obtain a Nevada State Business License at the time of filing of your LLC. Your List and License are good for one year. Resident Agents of Nevada will contact you approximately 45 days prior to your annual renewal becoming due, for stress-free and timely filing.

Professional Services Businesses

Nevada allows professionals, such as Accountants, Attorneys and physicians, to form a Professional Limited Liability Company (PLLC).

Required information to form your LLC

Outlined is the information we at Resident Agents of Nevada, Inc. require to form your Corporation:

Order Contact Information

• Primary contact name

• Primary contact physical address (Plus mailing address, if different)

• Primary contact phone number

• Primary contact email address

• Primary contact phone number

Company Information

• Three business name choices

Company Management

• One Manager/Member name

Additional Information

Depending on the type of package and/or additional Services you select, you may be asked for information to complete the following:

Nevada Address and Weekly Mail Forwarding Service

• The US Mail forwarding address you wish to use. If using an International address, please indicate the address and our staff will follow up with you to assure we have it entered correctly and to assess the $70 annual fee

EIN/Federal Tax ID Number* obtainment information

• Name of one Manager (Owner)

• His/Her Social Security Number

* Due to new regulations, our company is no longer able to assist Foreign/Non-US Citizens (without a US Social Security Number) in obtaining EIN numbers for their entity. As part of our service, we will provide you with a current, special telephone number for Foreign EIN applicants and suggestions on the information that the client may want to provide to the IRS.

Not sure which business type is right for you?

This article can help you understand how a Nevada LLC compares to a Corporation:

• Compare a Nevada LLC to a Nevada Corporation

Explore Resident Agents of Nevada, Inc. services

The following are included in our LLC packages (They are also available as stand-alone services or add-ons.)

• Registered Agent Service

• EIN/Federal Tax ID obtainment Service*

• Compliance Kit & Seal

• Nevada Address and Weekly Mail Forwarding Service

Want to know more?

Should you have any questions about the information here or Resident Agents of Nevada, Inc.'s services, our Entity Formation Specialists are happy to help. We are available Monday through Friday, 8:30 AM to 5:00 PM Pacific Time, call us Toll Free at (888) 463-8462. Email us any time at agents@nevada.org.