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

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

Quick Start Guide
This Quick Start Guide is a brief overview of how to form an LLC in Nevada.

Detailed Lessons:

 

Nevada LLC Costs:
Nevada LLC formation: $425
Nevada LLC annual fees: $350 per year

Need help?
Hire a reliable service to form your Nevada LLC:
Northwest ($39 + state fee) or LegalZoom ($149 + state fee)

(check out Northwest vs LegalZoom)

Costs to setting up a Nevada LLC

The initial cost to set up an LLC in Nevada is $425. Then, the annual costs are $350 per year.

In most states, you just have to file an Articles of Organization, however, in Nevada, you have to file an Articles of Organization as well as a State Business License and Initial List of Managers or Managing Members.

These two extra documents are mandatory and you can’t form a Nevada LLC without them.

The $425 Nevada LLC fee breaks down as follows:

  • $75 for the Articles of Organization
  • $200 for the State Business License
  • $150 for the Initial List of Managers or Managing Members

Besides the $425 LLC fee in Nevada, there are a few other costs to consider before forming an LLC. Things like whether or not you want to hire a Registered Agent and the LLC’s Annual Requirements (Annual List of Managers or Managing Members and the State Business License Renewal).

The table below shows all the fees for forming an LLC in Nevada. Further down in the article, you’ll find more detailed explanations of each cost.

And if you’re looking for instructions on how to form an LLC in Nevada, you’ll find links to the various steps in the menu top and center of this page.

Nevada LLC Costs:

RequirementsCost
LLC Name$0
Registered Agent$0 or $125 per year
Articles of Organization$75
State Business License$200
Initial List of Managers/Members$150
Operating Agreement$0
EIN Number$0
State Business License Renewal$200 (per year)
Annual List of Managers/Members$150 (per year)
TaxesVaries (paid each year)

Nevada LLC Name ($0)

There is no cost associated with naming your Nevada LLC. You are not required to file a Name Reservation or anything like that.

You’ll simply just enter your desired LLC name on the Articles of Organization. Once the state approves your filing, your Nevada LLC name goes into existence.

Nevada Registered Agent ($0 or $125/year)

Although some filers choose to hire a Registered Agent, you are not required to hire one when forming an LLC in Nevada.

So there are no costs associated if you (or someone you know) will be your LLC’s Registered Agent.

On the other hand, if you need to hire a Commercial Registered Agent, that will cost you about $125 per year.

Hiring a Commercial Registered Agent is a good idea if you want to keep your address off of public records.

Nevada LLC Articles of Organization ($75)

The main document that forms your Nevada LLC is the Articles of Organization. The filing fee for the Nevada Articles of Organization is $75.

Along with the Articles of Organization, you must also file the State Business License ($200) and the Initial List of Managers or Managing Members ($150) in order to form your LLC. This is mandatory.

These documents can be filed together by mail or online, but we recommend the online filing as it’s much easier and the Nevada LLC approval time is much quicker.

Nevada LLC State Business License ($200)

The Nevada State Business License grants your LLC the privilege to do business in the state.

The Nevada State Business License costs $200.

As mentioned above, it must be filed at the same time you file your LLC’s Articles of Organization.

The State Business License also needs to be renewed each year for $200. It will be filed along with your Annual List of Managers or Managing Members.

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

The Nevada LLC Initial List of Managers or Managing Members discloses to the state who the LLC Members or Managers are.

(related article: Member-managed LLC vs Manager-managed LLC)

The Initial List of Managers or Managing Members costs $150.

As mentioned above, it must be filed at the same time you file your LLC’s Articles of Organization.

The List also needs to be filed each year and the cost is $150. The name changes slightly too.

The first time you file the list, it’s called the Initial List of Managers or Managing Members.

Then when you file it each year, it’s called the Annual List of Managers or Managing Members.

Nevada LLC Operating Agreement ($0)

Most other websites charge $50 – $200 for an LLC Operating Agreement.

However, we offer an Operating Agreement template for your Nevada LLC that you can download for free (the link is at the top of this page).

Nevada LLC EIN Number ($0)

Note: An EIN Number is also known as an Employer Identification Number or a Federal Tax ID Number. They all mean the same thing.

While there are many websites that charge a service fee to obtain an EIN for your LLC, it’s actually free ($0) to get an EIN from the IRS.

We have step-by-step instructions on how to get an EIN for your Nevada LLC. The link is at the top of this page.

Nevada LLC Taxes (varies)

There are many different types of taxes that we as business owners must pay. Federal income tax, state taxes, payroll tax (if we have employees), sales and use tax, and more.

How much you’ll pay in taxes can be determined by working with a qualified accountant in your area.

The amount you’ll pay your accountant will vary, but most accountants will cost between $400 to $900 per year.

Do I need to hire an attorney?

You can certainly hire an attorney to form an LLC in Nevada, but this is not a requirement.

Hiring an attorney to form a Nevada LLC will usually cost somewhere between $500 to $2,500 (depending on the attorney). That will be in addition to the $425 state LLC filing fee.

On the other hand, if you’d like to follow our free Nevada LLC lessons, you can form your LLC yourself.

There is no cost associated with following our course (links are at the top of this page).

Should I hire an LLC filing service?

Using an LLC filing service will usually cost somewhere between $50 to $400 (depending on the company).

If you need to save time, you can hire a professional to form your LLC in Nevada. We recommend using Northwest ($39 + state fee) or LegalZoom ($149 + state fee).

Nevada LLC Filing Cost

The total Nevada LLC filing costs (the cost to create the LLC) are $425.

That’s $75 for the Articles of Organization, $200 for the State Business License, and $150 for the Initial List of Managers or Managing Members.

Nevada LLC Annual Cost

The annual costs for a Nevada LLC are $350 per year.

That’s $200 per year for the State Business License and $150 per year for the Annual List of Managers or Managing Members.

Additional Costs

If you hire a Registered Agent in Nevada, that’ll cost about $125 per year.

And of course there’s taxes, which include the amount you pay in taxes and how much you pay your accountant for their services. This will vary widely and we’re not able to provide an estimate. You’ll need to speak to a few accountants regarding your business.

Matt Horwitz
Founder & Educator, LLC University®
Forming an LLC shouldn't be so complicated. Our step-by-step guide will make the process a breeze – and no complex legal jargon! LLC University® teaches people how to form an LLC for free in all 50 states. We hope you find our free guides and resources helpful in your business journey.
Disclaimer: Nothing on this page shall be interpreted as legal or tax advice. Rules and regulations vary by location. They also change over time and are specific to your situation. Furthermore, this comment section is provided so people can share their thoughts and experience. Please consult a licensed professional if you have legal or tax questions.

2 Comments

  1. Edward Chong July 4, 2019

    Hello,
    I am thinking of forming an LLC in Nevada. Is it advisable to also open a business bank account in Nevada versus staying with my current bank in California for tax purposes? In other words, could I still get taxed for my business in California if I do all my banking in California?
    Thank you,
    Eddie

    reply
    • Matt Horwitz July 7, 2019

      Hi Edward, there is a bigger issue potentially going on. If your LLC will be doing business in California, then forming an LLC in Nevada will still require you to register that Nevada LLC as a foreign LLC in California. And you’ll still need to comply with all the LLC tax filing requirements in California. Where you have a bank account isn’t what determines where you’re doing business. The link I included goes into more detail. Hope that helps.

      reply

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