What does it cost to register a foreign corporation in Nevada?
The cost of registering a Nevada foreign corporation can vary according to the total number of authorized shares that the entity has. The fee based on shares is as follows:
- If you have shares worth $75,000 or less, the fee is $75
- If the authorized shares are over $75,000 and less than $200,000 – Fee is $175
- If the authorized shares are over $200,000 and less than $500,000 – Fee is $275
- If the authorized shares are over $500,000 and less than $1,000,000 – Fee is $375
- If the authorized shares are over $1,000,000 then the fee for the first $1,000,000 will be $375
- For each additional $500,000 worth authorized shares or any fraction thereof will have a fee of $275
- The Maximum fee applicable will not exceed $35,000
How long does it take for the state to process the Nevada Certificate of Authority?
The normal time it takes to process the certificate of authority or qualification to do business in Nevada application is around 30 business days. There is always the option to opt for expedited processing for which there will be an additional fee. Either option that is regular and expedited processing is available if you hire IncParadise as your Nevada resident agent.
Will I need a Nevada registered agent for Nevada Foreign Corporation?
The corporate laws in most states in the U.S including Nevada, requires each and every business entity formed or registered in the state, to designate as well as maintain a commercial or registered agent in that state’s public records. According to NRS 77.310, NRS 77.390 and NV Rev Stat § 80.060 (2017) of the Nevada Revised Statutes, a Nevada foreign corporation has to designate as well as maintain a registered agent in Nevada to enable service of process.
Will I need a Nevada annual report for my corporation?
An annual report is also known as an annual list in the state of Nevada. Each foreign corporation conducting business in this State has to submit an annual list with the Secretary of State pursuant to NV Rev Stat § 80.110 (2017). This list has to be filed annually on or before the last day of the anniversary month or the month in which the qualification to do business application or Certificate of Authority was filed. So, if you had filed for qualification in December 2018 then you will have to file the annual list by December 31, 2019.
The annual list or report should contain the names and addresses, of the entity’s secretary, president, treasurer, or all of its directors. The annual list for a Nevada foreign corporation has to be signed by an officer of the corporation or any person authorized by the entity to sign the report.