Nevada LLC FAQs

• How long has Resident Agents of Nevada Inc been doing limited liability company formations? Our references?

  We have formed thousands of companies in Nevada since 1995. To check our references, please go to BBB of Nevada website. We offer very aggressive and competitive LLC formation package pricing. We work hard to get your order processed quickly. Read about us here.

• What information do you need to complete my LLC formation?

  This varies depending on the type of order you are placing. For limited liability company orders, we typically require the following:

  • A name choice for your company (we request you provide three alternates)
  • Name, address, phone, and email for the point of contact for your order
  • Shipping contact information (if different from the main contact)
  • The legal address of the company
  • Names Of Managers or Managing Members

• Do you provide a LLC kit? Do I need a kit? Is a kit part of your offer?

  An LLC compliance kit, which consists of a personalized binder, minutes, operating agreement, resolutions, membership certificates, and a company seal is not necessary to be legal. It is, however, useful in terms of both organizing your paperwork and helping structure your company optimally. Additionally, a certain amount of record keeping is a critical part of maintaining your LLC's good standing. There are two items that are particually important. In order for your LLC to be legal it must be owned by at least one manger or managing member. You should issue membership certificates and complete the share registered in order to keep track of the owners and how much each member owns. The other very important part about running an LLC is having an operating agreement. The operating agreement defines how your LLC will operate day to day and usually addresses things like adding members or what to do if a member should die. You should make provisions for the "what ifs" so there aren't any surprises. Each member then signs the operating agreement. Both the share certificates and the sample operating agreement are included in the compliance kit along with other helpful document templates.  You can order a LLC compliance kit through our website.

• Can I obtain a certificate of good standing?

  A certificate of good standing, which is also called a certificate of existence, is a document issued by the Nevada Secretary of State which certifies that your limited liability company does exist legally and that it is in good standing with the Secretary Of State. We can obtain one for you. We can help you to obtain a Certificate of Good Standing. We can also take care of filing an Apostille, Amended List, Articles of Amendment, and a Dissolution of Articles, and other services to manage your business.

• How can I pay for a LLC formation order if I do not have a credit card?

  You may place a phone order and then mail a personal check, money order or cashiers check. We can also provide banking information to do a wire transfer of funds to our bank. (note: there is an additional fee to wire funds)  We appreciate the opportunity to serve you!

• When will I receive my formation documents?

  During the order process, you may elect to expedite your documents and receive them within 24 hours - 3 business days. Non-expedited documents typically arrive within 5 - 7 business days. We will email the documents to the email address provided on your order and then send the documents by regular mail.

General LLC Formation FAQ

• What is a limited liability company (LLC)?

  A limited liability company, or LLC, is a business entity created under state laws which has the characteristics of both a corporation and a partnership. Like a corporation, the owners of an LLC are not personally liable for business debts. Like a sole proprietorship or partnership, an LLC has operating flexibility and is a pass-through entity for tax loses. This means the LLC's profits are passed through and taxable to the owners of the LLC. The other option is a multi-member LLC which is taxes as a partnership. That means that the LLC files a tax return and it provides a document called a K-1 to each of the members that indicates their share of the profits. The K-1 is used by the member to file their personal taxes.

  To learn more and speak with a representative, please call us at (888) 463-8462. We are happy to answer any questions you may have.

• Do I need an attorney to form an LLC?

  No, you do not need an attorney to form an LLC since it can be expensive to get the LLC formed by a law firm. It is a very good idea to work with Resident Agents of Nevada, Inc. to get the entity set up. We've had years of experience and we can answer your questions and help you avoid costly mistakes.  If you live outside the State of Nevada, and wish to form an LLC in the State of Nevada, you are required to have a registered agent within the State of Nevada. if you choose to form your LLC through Resident Agents of Nevada Inc, you will only need to answer a few simple questions online. We will take care of all of your paperwork, file the necessary documents with the State of Nevada and even send you an LLC kit with seals and certificates.

  To learn more and speak with a representative, please call us at (888) 463-8462. We are happy to answer any questions you may have. You can also email us at agents@nevada.org.

• What documents do I need to form an LLC?

  To create an LLC, Articles of Organization must be filed with the Nevada Secretary of State. After the formation is complete, you will be required to file and Initial List of Members/Managers and Nevada Business License within 30 days after the entity formation. (this is a requirement to keep the entity in good standing) Next, the LLC members should enter into an operating agreement, which sets forth the rights of the members and the rules for running the company. An LLC also need to apply for a tax identification number with the IRS. The EIN is required to open a bank account and it is necessary to file a tax return.

  To learn more and speak with a representative, please call us at (888) 463-8462. We are happy to answer any questions you may have.

• Can an LLC have an unlimited lifespan?

  Yes, recent changes to the IRS code have promoted changes in state laws of Nevada permitting LLCs to be created with an unlimited life. (perpetual)

  To learn more and speak with a representative, please call us at (888) 463-8462. We are happy to answer any questions you may have.

• How many people are needed to form an LLC?

  In the State of Nevada, only one person is needed to form an LLC. Recent changes to the IRS code have promoted reforms in the state laws, permitting one-member LLCs.

  To learn more and speak with a representative, please call us at (888) 463-8462. We are happy to answer any questions you may have.

• What is the difference between a "member" and a "manager" of an LLC?

  A member is an owner of the LLC and is similar to a stockholder of a corporation. A manager is a person chosen by the members to manage the the day-to-day operations of the LLC and is similar to a director of a corporation. A manager can also be a member. A Manager may or may not be one of the owners of the LLC.

  To learn more and speak with a representative, please call us at (888) 463-8462. We are happy to answer any questions you may have.

• Does an LLC have to hold meetings?

  The State of Nevada charges an annual fee to maintain an LLC. You must also submit an "annual list of managers/members," which is a one-page form filed by the Secretary of State. An Initial List of Managers and Members is due 30 days after formation. There is also a mandatory Nevada Business License that is acquired at the same time the Member/Manager list is filed. The cost of the initial/annual report filing and NV Business License is $350 per year. There is no state income tax or franchise taxin NV.

  To learn more and speak with a representative, please call us at (888) 463-8462. We are happy to answer any questions you may have.

• In which state should I form an LLC?

  The decision to form an LLC in Nevada depends upon your personal circumstances. You should do your research prior to forming an LLC in any State. To determine the best state of formation for your particular business, talk with an attorney or accountant. Once you have decided that forming an entity in Nevada is a good decision for you, give our company a call and we'll be glad to assist you.

• What are the advantages of forming a limited liability company in Nevada?

  Please read about advantages to LLC formation in Nevada here.

• Do I have to have an address of the actual business in Nevada?

  No, you don't need the address of the business to be in Nevada. In the formation process, we allow our clients to use our Nevada address on the Articles of Organization and Member/Manager List.  We, as a resident agent when offering business formation services, ask about the contact address, which is just for our records. If you need an address in Nevada you can order our exclusive mail forwarding service, which includes a street address and weekly mail forwarding service. We ONLY offer mail forwarding service to our clients.  Set up a Nevada LLC

• Do I have to have an office or bank account in Nevada?

  No, neither an office nor a bank account need to be maintained in the state of Nevada. An annual fee is paid to Resident Agents of Nevada, Inc. to serve as the company's statutory Registered Agent (to receive and forward copies of legal actions filed against the company). Annual meetings can be held anywhere and minutes can be signed by consent (without a meeting). If requested, we will give you personal contacts to banks we work with. We will provide them to you once you've formed a business.

• What else do I have to pay for after the set up fee? Are there any other costs involved?

  Every company in Nevada is required to file the form called "Initial List of Managers or Managing Members." and a "Nevada Business License"

  As of October 1, 2009 the Nevada Secretary of State requires a state business license to be filed with the for LLC annual report including the initial list. The initial and annual cost for both is $350.

  The Initial List and Business License is included in our Turnkey LLC Formation packages. We always mail the form together with the business formation paperwork.

• How long does it take to get a Federal TAX ID number? How can I obtain a Tax ID number?

  We obtain the EIN number for our clients from the IRS. We require the name of a responsible individual involved with the LLC and also that person's social security number in order to obtain the EIN. The Federal tax ID (EIN) is included in our Turnkey LLC Formation packages. You can also add the EIN as an option with our other packages. The EIN is provided when we send you the initial documents.

• Can my company transact business in Nevada as well as other states?

  Yes! If your company plans to transact business in Nevada as well as the home state of business formation, you may need to register your business in Nevada. The process is called foreign qualification. Citizens of other states are able to operate in the State of Nevada. You can also live anywhere in the world, it's no problem. Nevada law does not require your shareholders or directors meetings to be held in Nevada. When doing business in another place you must comply with local laws and licensing of the state in which you do business. We can help you to register your company to do business in Nevada. Give our friendly staff a call. We'll be glad to assist you.

• What are the rules for limited liability company names? Is the name ending such as LLC required?

  The name must not be the same, or deceptively similar to, the name of any corporation, foreign corporation, or a name reserved for use of any other proposed corporation or limited liability company, unless written consent of the person or other entity for whom the name is reserved is filed with the articles.  You must provide an ending (tailing) for the LLC name such as LLC, Limited Liability Company, Ltd. or Limited. If the name implies banking, trust, or insurance powers, prior approval of the banking superintendent or insurance commissioner is needed. We always check if the rules are followed when filing incorporation paperwork.

Resident Agent FAQ

• What is a registered (resident) agent and why do I need one?

  Just as it is in most states, the resident or registered agent is a statutory requirement in the State of Nevada. It is a person or business that is responsible for maintaining a continuous corporate presence in the state on behalf of your company. Specifically, it provides for a physical address for any legal papers to be delivered in the event the corporation is involved in any litigation or needs to receive a verifiable notice of any kind. In Nevada, the resident agent must keep a copy of the Articles of Organization, and know where the LLC stock ledger is maintained and a responsible person who keeps the LLC records.

• What is included in resident agent service?

  Our resident agent service includes:

  • Forwarding any official documents from the Secretary of State.
  • Accepting any legal service and forwarding it to your company. We take extreme care to notify you quickly about any legal service (summons, subpoenas). We understand how important is to get timely information about such situation.
  • Notification about due dates for each entity. Email and phone notifications.
  • Our reminder program helps you avoid paying late fees. We'll call you to make sure your filing is done on time.
  • Online or phone order process allowing you to easily order entities or additional services

   

• Can my company use Registered Agents of Nevada Inc's address as it's own business address within the state of Nevada?

  We allow you to use our address for the public record at the Nevada Secretary of State. If you wish to use our mail-forwarding service for $80 per year including a $30 annual  postage allowance. First time subscribers only: We will add 65% more Postage Allowance your first year! Order online when you set up your entity and you can start mail-forwarding service almost immediately. Or give our office a call and we can set up mail forwarding for your entity. Note:  we only provide mail forwarding for our clients.

• Can I change registered / resident agent?

  If you feel you are receiving less than satisfactory service from your current registered agent? If so, please consider changing your registered agent and use our service. We believe in providing outstanding customer service.

  You you may find we are considerably more cost-effective than your current Resident Agent. Change your resident agent to us. Order resident agent service here.

• What do I need to do if I do my own filings for the company and only need a resident agent? If you have experience filing your own documents, we'll be glad to assist you Order resident agent service here.

• How long does it take to change a resident agent in the Secretary of State records?

  Normally, once we have your signed documents, we submit them to the Nevada Secretary of State the same day. Non-expedited filings usually take 5-7 working days for the Nevada Secretary of State to process.

• What if I do the business formation myself? Can I use you as my resident agent?

  Yes, you can. We will sign a resident agent acceptance form and email it to you. You will print it out and send it together with the Articles of Organization to the Secretary of State. To order resident agent service only, click here.

Got More Questions?

To learn more and speak with a representative, please call us at (888) 463-8462. We are happy to answer any questions you may have. Or, email us at agents@nevada.org.