Start an LLC in Nevada in 5 Simple Steps
Step 1. Your Nevada LLC’s Name
Step 2. Select a Registered Agent
Step 3. Keep the Articles of Organization on file.
Step 4. Make a Business Agreement
Step 5. Obtain an EIN
It is simple to establish an LLC in Nevada.
To establish a Nevada LLC, you must submit the Articles of Organization to the Nevada Secretary of State, which costs $425. You may apply both online and by mail. The Articles of Organization are the legally binding documents that establish your Nevada Limited Liability Company.
STEP 1: Give your Nevada LLC a name.
The first and most significant step in forming an LLC in Nevada is deciding on a name. Choose a name that meets Nevada LLC naming criteria and is readily searched by prospective customers.
1. Follow the naming conventions:
The word “limited liability corporation” or one of its acronyms must be in your name (LLC or L.L.C.).
Your LLC’s name cannot include terms that may be confused with a government organization (FBI, Treasury, State Department, etc.).
Restricted terms (e.g., bank, attorney, university) may need extra documentation and the participation of a licensed professional, such as a doctor or lawyer, in your LLC.
Your name must be distinct from any other Nevada LLC, corporation, limited liability partnership (LLP), limited partnership (LP), or limited liability limited partnership (LLLP).
2. Is the name legal in Nevada? Do a Nevada Business Search on the Secretary of State’s website to ensure that the name you choose isn’t already in use.
3. Is the URL still available? We suggest checking online to see whether your company name is accessible as a web domain. Even if you don’t intend to construct a company website right away, you may want to purchase the URL to prevent others from gaining it.
STEP 2: Select a Nevada Registered Agent
You must choose a Nevada registered agent for your LLC.
What exactly is a registered agent? A registered agent is a person or corporate organization that receives vital tax forms, legal papers, lawsuit notices, and other government communication on your behalf. Consider your registered agent to be your company’s point of contact with the state.
STEP 3: Submit the Nevada LLC Articles of Organization to the Secretary of State.
You must complete the following paperwork with the Nevada Secretary of State to register your Nevada LLC:
Articles of Incorporation
Initial Managers’ List and State Business License Application
Certificate of Appointment Acceptance by Registered Agent
Nevada consolidates these materials into a single formation PDF bundle. You may submit your application online, via mail, fax, email, or in person.
STEP 4: Draft an Operating Agreement for a Nevada LLC.
An operating agreement is not necessary for a Nevada LLC, but it is recommended.
What exactly is an operating agreement? An operating agreement is a legal document that outlines an LLC’s ownership and running processes.
Why are operating agreements necessary? A detailed operating agreement guarantees that all firm owners are on the same page and decreases the likelihood of future disagreement.
STEP 5: Apply for a Nevada LLC EIN.
What exactly is an EIN? EIN is an acronym that stands for Employer Identification Number. EINs are nine-digit numbers provided by the Internal Revenue Service (IRS) to companies to assist them be identified for tax reasons. It is basically a business’s Social Security Number.
An EIN is also known as a Federal Employer Identification Number (FEIN) or a Federal Tax Identification Number (FTIN) (FTIN).
Why do I need an EIN? An EIN is necessary in order to:
Establish a business bank account.
Filing and managing federal and state income taxes
Employ people
What if my single proprietorship already has an EIN? When transitioning a sole proprietorship to an LLC, the IRS demands a new EIN.
Where can I get an EIN? The IRS will provide you an EIN for free. Obtaining an EIN is a simple procedure that may be completed online or by mail.
