The total initial cost to start an LLC in Nevada is $425. This fee includes the filing of the Articles of Organization, State Business License, and Initial List of Managers.
Annual Maintenance Fees
To maintain your LLC in Nevada, you must pay an annual fee of $350. This fee is comprised of a $200 annual business license fee and a $150 annual report fee. Remember, these reports and fees must be filed on time to avoid cancellation of the LLC registration.
Additional Information
Yes, having a registered agent is a requirement for a Nevada LLC, responsible for receiving legal documents on behalf of the company.
Drafting an operating agreement is not mandatory but is advisable to safeguard the interests of your LLC and members. The fee to create one yourself or with the help of an attorney starts at around $1000, covering the establishment of management, ownership, and operational procedures.
Filing and Renewal Methods
To file an LLC in Nevada:
- The Articles of Organization can be filed online or by mail with a $75 fee.
- Annual business license renewal is $200, and the annual list of managing members is $150.
- You can download and submit the annual list physically or complete the process online, with a $75 late submission charge for missed deadlines.
- Online filing is the quickest method to form an LLC in Nevada, with expedited filing available for an additional fee starting at $125.
Keep in mind that after registering your LLC, there aren’t any mandatory government expenses. However, you should account for costs such as an operating agreement, business license, and registered agent fees.