How Much Does an LLC Cost in Nevada? (Annual Filing Fees)

If you’re considering forming an LLC in Nevada, you’re making a smart move. The total cost to kick things off usually starts around $425. This covers essential filings like the Articles of Organization, the State Business License, and the annual list of managers.

Now, you might be wondering—what else should you budget for?

It’s a common misconception that starting an LLC involves hidden fees and complicated steps. While that initial formation fee is a big part of the budget, some ongoing costs must be considered. Each year, plan for about $350 to keep everything running smoothly. There are a few extra costs you’ll want to keep in mind.

Want to dive deeper into all the costs of forming an LLC in Nevada? Let’s explore further together!

How Much Does an LLC Cost in Nevada?

Starting a Limited Liability Company (LLC) in Nevada involves several costs. Here are the main expenses you should consider:

• LLC Formation Filing Fee: You must pay $425 to file your Articles of Organization. This is a necessary fee to establish your LLC officially.
• State Business License: This is a necessary expense at $200 if you want to operate your business in Nevada.
• Initial List of Managers/Members: You’ll also pay $150 to submit this list, which includes the names of every one managing your LLC.
• Expedited Processing Fee (Optional): Need things done quickly? For an extra $125, you can get 24-hour processing.

Additionally, don’t forget about registered agent services. You can act as your registered agent at no cost, but if you decide to hire a professional, it’ll generally cost between $0 and $300. This service is crucial for handling important legal documents and maintaining your LLC’s good standing.

Understanding these costs helps you plan better and ensures you’re fully prepared for starting your business.

LLC Costs in Nevada (Formation Fees)

Below is a table summarizing these Nevada LLC costs.

Nevada LLC Requirements	Cost
Articles of Organization	$75
State Business License	$200/annually
Initial List of Managers or Managing Members	$150
Nevada Registered Agent Fee	$60
Operating Agreement (optional)	$0 (with Northwest)
EIN Number	$0 (free from IRS)
LLC Name Reservation Fee (optional)	$25
Certificate of Good Standing (optional)	$50
Nevada Foreign LLC Registration (optional)	$75
Fictitious Name (DBA) (optional)	$25
Taxes	Varies
Nevada state business license	$200
LLC Formation Services	$39
Registered Agent Services	$0-$125 (Northwest)
Total LLC Costs in Nevada	$425 – $824

Total LLC costs in Nevada typically range from $425 to $824. If you handle everything yourself and skip optional extras, you might only spend around $425. However, with additional services and requirements, your costs could go up to between $700 and $824.

The primary costs include the $75 fee for filing the Articles of Organization, which is crucial for officially forming your LLC. You’ll also need to budget $200 annually for the State Business License and $150 for the Initial List of Managers or Managing Members.

For optional expenses, reserving your LLC name costs $25, and obtaining a Certificate of Good Standing is $50. Additionally, hiring a registered agent in Nevada usually costs around $60. Obtaining an Employer Identification Number (EIN) is free from the IRS.

While having an Operating Agreement is optional, it is recommended that you get it at no cost if you use services like Northwest. If you plan to register a Nevada foreign LLC in Nevada, that incurs a $75 fee, and operating under a different name (DBA) will cost an additional $25.

Registered agent services can range from $100 to $300, depending on whether you act as your agent or hire a professional. LLC formation services typically cost around $39. Taxes will vary based on your specific business activities.

Nevada LLC Business Name Cost ($0)

When forming an LLC in Nevada, choosing a business name does not have a direct cost. You can select a name that fits your business without paying any fees for the name itself.

It’s important to know that the name must meet specific requirements. It should be unique and not too similar to existing businesses in Nevada. Checking name availability is straightforward. You can do this through the Nevada Secretary of State’s website.

While there’s no cost to choose a name, you must ensure it complies with state rules. For instance, your LLC name must include “Limited Liability Company” or abbreviations like “LLC” or “LLC.” This requirement is essential to inform others about your business structure.

Nevada Articles of Organization fee ($75)

To start an LLC in Nevada, you must file the Articles of Organization. This essential document registers your business with the state. The fee for submitting this form is $75.

Filing the Articles of Organization includes providing key information about your LLC. You will need to include:

• Name of the LLC: Ensure it is unique and meets state requirements.
• Business Address: Provide a physical location for your LLC.
• Manager Information: Include details about the members or managers.

Nevada LLC processing time may vary. If you file online, the timeline to get your LLC approved in Nevada is one business day. If you prefer to file by mail, it takes 5-6 weeks. 

Be prepared to pay this fee when you file. Not paying this fee means your LLC won’t be officially registered in Nevada. Once accepted, you can move forward with other requirements to maintain your business.

Nevada Registered Agent Fee ($60)

When forming an LLC in Nevada, you must appoint a registered agent. This person or business is responsible for receiving legal documents on behalf of your company.

In Nevada, the fee for hiring a registered agent is $60. This cost is usually paid annually. A registered agent must have a physical address in Nevada and be available during regular business hours.

You can choose a registered agent service or appoint someone you trust. If you use a service, ensure they meet the state requirements. Here are the key points to consider:

• Eligibility: The agent must be at least 18 years old.
• Availability: They should be present at their registered office during business hours.

The registered agent fee is separate from other costs of forming an LLC, like the filing fee and business license. It’s important to factor this into your overall budget when starting your business in Nevada.

LLC Operating Agreement Cost in Nevada ($0 with Northwest)

When forming an LLC in Nevada, you will need an operating agreement. This document outlines how the LLC works and the responsibilities of its members. While costs can vary, Northwest offers this valuable resource for $0.

Northwest’s free service includes drafting your operating agreement, which can save you money compared to hiring a lawyer. For a similar agreement, hiring an attorney could cost anywhere from $200 to $600.

Consider the benefits of having a clear operating agreement:

• Defines roles: Clearly states the duties and rights of each member.
• Set rules: Establish guidelines for how decisions are made.
• Protects assets: Helps maintain your limited liability protection.

Obtaining a free operating agreement from Northwest can give you peace of mind. You can focus on running your business without worrying about unexpected disputes.

Nevada Registered Agent Fee ($0-$300/year)

You must designate a registered agent when setting up your LLC in Nevada. This agent is responsible for receiving important documents and legal notices for your business.

There is no fee if you choose to be your registered agent. You need to provide your name and address. This is a cost-effective option if you are comfortable handling these responsibilities.

Hiring a professional Nevada registered agent service typically costs between $100 and $300 per year. These services provide valuable support, such as maintaining your privacy and ensuring you receive documents promptly.

For example, LegalZoom charges about $249 annually, while ZenBusiness offers its service for $199 annually. Northwest Registered Agent provides a compelling deal if you are looking for an affordable option. They offer free registered agent services for the first year you use them to form your LLC. After the first year, their fee is $125 annually, making it a competitive choice.

EIN Cost in Nevada ($0 from the IRS website)

If you are starting a business in Nevada, you will need an Employer Identification Number (EIN). The good news is that applying for an EIN is entirely free.

You can obtain your EIN directly from the Internal Revenue Service (IRS) website. This means you do not have to pay fees or use third-party services that might charge you.

It’s important to remember that some websites may charge you for this service. Always use the official IRS site to avoid unnecessary costs.

An EIN is essential for various business activities, such as opening a bank account or hiring employees. So, take advantage of the IRS’s free service and get your EIN today!

Nevada LLC Initial/Annual List of Managers or Managing Members ($150/annually)

When you form an LLC in Nevada, you must file an Initial List of Managers or Managing Members. This document identifies the people who will manage your LLC.

The fee for filing the initial list is $150. This must be done when you first establish your LLC.

After the initial filing, you also have an Annual List that requires the same fee of $150 each year. You must file this list annually to keep your LLC in good standing.

Filing the list is straightforward. It can often be completed online through the Nevada Secretary of State’s website.

In addition to the Initial and Annual List, you are also required to obtain a Nevada State Business License, which costs $200 annually.

Submit these documents before the due date each year. Keeping up with these filings will help ensure your business runs smoothly.

Fictitious Name/DBA Cost in Nevada ($25)

When starting a business in Nevada, consider using a DBA or “Doing Business As” name. This name allows you to operate under a name different from your legal business name.

In Nevada, filing for a fictitious name typically costs $25. This fee is consistent across most counties in the state. You can find the exact amount by checking with your local county clerk’s office.

To get your DBA, you’ll need to fill out an application form. This is usually straightforward and requires information about your business and the name you want to use.

LLC Name Reservation Fee in Nevada ($25)

In Nevada, reserving a name for your LLC costs $25. This fee allows you to hold a specific name for 90 days. You can finalize your LLC formation without worrying about someone else using your chosen name during this time.

You can submit the name reservation online through the Nevada Secretary of State’s website. Be mindful that the name you want must be available. This means no other business can have the same name in Nevada.

Nevada Certificate of Good Standing ($50)

If you own an LLC in Nevada, you might need a Certificate of Good Standing. This document shows that your business is compliant with state regulations.

You can order this certificate online, by mail, or even by fax. The cost is $50. Online processing is usually faster and more immediate.

To request a Certificate of Good Standing, ensure your business is in good standing. This means you are current with your filings and have paid any necessary fees.

This certificate can help you in various business dealings, such as securing loans or contracts. Always keep your business compliant to ensure smooth operations.

Nevada Foreign LLC Registration Fee ($425)

To register a foreign LLC in Nevada, you must pay a fee of $425. This fee covers several important filings that help establish your business in the state.

The registration process involves submitting an Application for Registration of a Foreign Limited Liability Company to the Nevada Secretary of State. This application allows your out-of-state LLC to operate legally in Nevada.

The $425 fee includes:

• $75 for the Articles of Organization
• $150 for processing the initial list of managers or members
• $200 for the state business license annual renewal fee

Don’t forget to appoint a registered agent in Nevada. This is crucial in ensuring your business remains compliant and has a reliable point of contact for official matters.

Nevada LLC State Business License ($200)

To operate your LLC in Nevada, you need a State Business License, which costs $200. This license allows your business to conduct activities legally in the state.

You must file this license simultaneously with your LLC’s Articles of Organization and Initial List of Managers. The Articles of Organization fee is $75, and the Initial List costs $150. Together, these fees total $425 to get your LLC started.

The State Business License is not a one-time expense. You must renew it each year for another $200. This renewal is filed with your Annual List of Managers or Managing Members.

Nevada LLC Taxes (varies)

Knowing about the various taxes you may face when owning an LLC in Nevada is important. These taxes can differ based on many factors.

Here are some familiar taxes LLC owners might pay:

• Federal taxes: You report income on your tax return.
• State income tax: Nevada has no personal or corporate income tax.
• Local income tax: This may apply depending on your location.
• Business taxes: Various local taxes can apply to your industry.
• Self-employment taxes: You pay these on your LLC profits.
• Sales and use tax: Relevant if you sell taxable goods.
• Payroll tax: You owe this if you have employees.
• Property tax: Due if your LLC owns the property.

LLCs typically do not pay taxes directly. Instead, they operate under pass-through taxation, reporting profits on your tax return. This means you are taxed on the income your LLC generates.

While Nevada has no personal or corporate net income tax, you may have other obligations. For example, a quarterly tax may apply if your LLC has employee wages. It’s essential to be aware of this potential obligation. Additionally, a commerce tax may be due if gross revenue exceeds $4 million.

Nevada LLC Reinstatement Fee ($300)

If your Nevada LLC has been dissolved, you must pay a reinstatement fee of $300 to revive it. This fee is a requirement set by the Nevada Secretary of State.

In addition to the reinstatement fee, you must settle any back annual fees and late penalties. Here’s a quick breakdown of these costs:

• Annual Report Fee: $125 per year
• Late Penalty for Annual Reports: $75 for each missed report
• Business License Fee: $200 per year
• Late Penalty for Business License Filings: $100

When preparing your reinstatement packet, include all necessary forms and payment. Specific forms are available on the Nevada Secretary of State’s website.

Nevada LLC dissolution fee ($100)

When you decide to dissolve your LLC in Nevada, there is a filing fee of $100. This is a requirement that you must pay to end your business entity officially in the state.

It’s important to note that this fee is just for the standard processing of your application. There are additional costs if you need to speed up the process.

You can opt for expedited services:

• 24-hour processing: Additional $125 fee
• 2-hour processing: Additional $500 fee
• 1-hour processing: Additional $1,000 fee

These fees make it easier to manage the timeline based on your needs.

To dissolve your LLC, you must file an Article of Dissolution. This document notifies the state that you are closing your business. Be sure to follow all state guidelines carefully to avoid any unnecessary delays.

Nevada LLC Change of Registered Agent fee ($60)

If you need to change your registered agent in Nevada, you will pay the Nevada Secretary of State a $60 fee to process your request.

To complete the change, you must complete a Statement of Change of Registered Agent by Represented Entity form. You can submit this form in several ways: by mail, fax, email, or in person.

It is important to have the necessary information, including details about your current and new registered agent. You should also include the payment method, either by check or credit card, with your submission.

If you hire a service to assist with this process, the cost might be higher. Some companies offer packages that include the filing fee and additional services.

What is the Cheapest Way to Start a Nevada LLC?

Starting an LLC in Nevada involves several steps and different costs. You can handle the process yourself or hire a service.

You’ll save on service fees if you choose to do it yourself. The key expenses include:

• Articles of Organization: $75
• Initial List of Managers: $150
• Business License Application: $200

This totals $425, the basic cost of forming an LLC in Nevada.

You can further reduce costs by skipping expedited services. If you opt for faster processing, there’s an extra $125 fee.

A filing service can help ease your workload but typically increases your overall expense. Many services charge between $39 and $300 in addition to state fees. While this service may save you time, it’s not the cheapest option.

The cheapest method, then, is to file everything yourself. The necessary forms are found on the Nevada Secretary of State’s website.

Still, this approach has downsides. You need to be comfortable filling out forms and understanding the requirements. Mistakes can delay your application and lead to more costs later.

Should You Use an LLC Formation Service in Nevada? (here’s why)

Starting an LLC in Nevada can be straightforward, but you might wonder if using an LLC formation service is worth it. For many, the benefits can outweigh the costs.

• Using a service like Northwest Registered Agent can save you time and reduce headaches. They handle the paperwork for you, making it easier to comply with state regulations. This means you won’t have to worry about filing deadlines or missing important documents.
• Privacy benefits are another plus. When you use a service, it can act as your registered agent, keeping your personal information off public records. This added layer of privacy can be very appealing, especially for those who want to separate their business and personal lives.
• Moreover, having access to LLC formation experts and attorneys can provide peace of mind. If you have questions or run into issues, you can easily reach out for help. Not navigating complex legalities alone can make a significant difference in your experience.

Of course, there’s a cost involved. Formation services typically charge a fee on top of state registration costs. However, many find that the benefits—time savings, stress reduction, and expert support—make it a smart investment.

Frequently Asked Questions

How much does it cost to dissolve an LLC in Nevada?

To dissolve an LLC in Nevada, you must file a Certificate of Dissolution, which costs $100. It’s also recommended that any outstanding fees or taxes be settled before dissolution.

How much does it cost to reinstate an LLC in Nevada?

If your LLC is dissolved or forfeited, reinstating it costs about $300.

Do I need a business license if I have an LLC in Nevada?

Yes, you are required to obtain a business license in Nevada, even if you already have an LLC. The license costs $200 and must be renewed annually.

Do I need to hire an attorney to form an LLC in Nevada?

You do not have to hire an attorney to form an LLC, but doing so can provide you with legal expertise. Many people complete the process independently using online resources or formation services.

What Are The Ongoing LLC Operational Costs in Nevada?

Ongoing costs for an LLC in Nevada include the annual business license fee of $200 and the $150 fee for filing the Initial List. Additionally, there are costs related to accounting and any applicable taxes depending on your business activities.

Should I hire an LLC formation service in Nevada?

Hiring an LLC formation service can be beneficial if you want to ensure that all paperwork is completed correctly. Though these services often help with compliance and can save you time, they come with fees.

Are there penalties for paying my fees late in Nevada?

If you do not pay your required fees on time, Nevada imposes penalties. This may include late fees and, ultimately, the possibility of forfeiting your LLC status, which complicates your business operations.