Friendly State

Date: 01/13/2020 | Category: | Author: Martin Pouzar


The primary driving force behind the rise in the number of small businesses in Nevada registration is its “business-friendly state” tag. Surely, Nevada offers a host of benefits to small businesses and medium sized enterprises (SME’s) but the low-regulation environment and streamlined new business documentation approval process lays the foundation for the pro-business environment.

Introduction – About Nevada

The state of Nevada enjoys a strong economy and is home to 254,337 small businesses. The Real Gross Domestic Product (GDP) of the state was $146.22 billion in 2018 and the economy grew at an annual rate of 3.3%. The city of Las Vegas is one of the most popular business locations in the state and is home to 55,856 companies. Why start a business in Nevada? There are several reasons why Nevada is a favorite among entrepreneurs and start-ups and this includes the various advantages the state offers.

Advantages of Incorporation in Nevada

The first question you would probably be faced with is – why start a business in Nevada? Nevada, like any other state in the U.S has its own advantages and disadvantages but there are several benefits that support overall business growth. Let’s look at some of the advantages:

Nevada Tax Benefits

State and Federal Taxes are applicable to startup Nevada businesses as well as existing businesses. What makes the state of Nevada different is the variety of tax benefits that new and existing businesses can derive. The benefits can be classified as under:

  • Pro-Business Tax Structure: The state of Nevada has been attracting new businesses and one of the catalysts is the pro-business tax structure. It has experimented with different business policies to ensure entrepreneurs and start-ups face minimal hiccups in forming and conducting their business. It is almost a “No tax” state and a start-up Nevada business can benefit from the following:
    • No Personal Income Tax
    • No Corporate Income Tax
    • No Inventory Tax
    • No Estate Tax or Gift Tax
    • No Unitary tax
    • No Franchise Tax
    • No Special Intangiable Tax
    • No Inheritance Tax
  • Tax Abatement Programs: If you have a “why start a business in Nevada” list then the tax abatement programs offered by the Nevada Governor’s Office of Economic Development (GOED) should be on the list. Tax abatements are applicable on different aspects and expenses of a business like capital equipment purchases and real or personal property. Tax abatement programs help you bring down the overall operating costs of your business leading to savings. Some of the top programs include:

Privacy and Anonymity

One of the finer aspects of the why start a business in Nevada list is the amount of privacy and anonymity that a start-up can enjoy. The best way to enjoy privacy is by hiring a reliable Nevada registered agent as they will ensure the business is able to avoid embarrassing situations especially in front of their clients. This is possible as an agent will receive any notices from the office of the Secretary of State as well as meet any state department officials like sheriffs on your behalf. As a result, a business in Nevada will also be able to maintain anonymity. Thus it is one of the greatest benefits of the privacy protection as it helps towards protecting business owners from creditors and litigation.

Whether you form an LLC or a business corporation, the state of Nevada ensures privacy to all shareholders, corporate officers, directors, vice-presidents, managers, and members among others. As a result, identities of primary members or directors of a Nevada business remain undisclosed.

Limited Liability and Statutory Protection

Why start a business in Nevada? There are several benefits and the pro-business law of Nevada makes it easier for businesses to form and operate in the state. A highly attractive state for new businesses, the state provides excellent limited liability protection and asset protection options to business owners.

A private corporation in Nevada can benefit from NRS 78.225 on stockholders liability. According to the statute, there is no individual liability applicable for a Nevada business except for payment for which the shares in question were authorized for issue or as specified in the subscription agreement.

Further, Nevada Statutes NRS 78.747 states that a director, stockholder, or officer of a business corporation will not be individually liable for any liability or debt of the said corporation unless such an officer or director is the alter-ego of the Nevada business entity.

One of the salient aspects of forming an LLC business in Nevada is that the business entity will not be liable for any personal debts of the members. Hence, any property or bank accounts of the limited-liability company cannot be taken by creditors thus providing the LLC with protection.

No IRS Information Sharing

The Internal Revenue Service (IRS) is a federal agency and it has an Information Sharing Agreement (ISA) with almost 33 states but Nevada is definitely not one of them. This is one of the salient aspects of the why start a business in Nevada list and benefits. It is important to understand though that the sole purpose of the Information Sharing Agreement (ISA) is to fight abusive tax avoidance.

Nevada, unlike other states has no information sharing agreement with the IRS and hence corporate or personal financial records are not provided to IRS. This is more so because Nevada does not have any corporate or personal income tax. This definitely provides anonymity and privacy to any Nevada business.

Stock Flexibility

One of the advantages that a Nevada business corporation has over other forms of businesses is the stock flexibility. This refers to the fact that corporate obligations towards real estate or services can be easily handled through the issuance of stock and the value of such stock can be determined by the director.

When you think about starting a business in Nevada; stock flexibility is definitely a reason to consider. In fact, a Nevada Corporation can issue a variety of stocks with different values and these stocks can be sold or exchanged for real estate, goods, cash etc. The information pertaining to the stocks have to be mentioned in the articles of incorporation.

There is another aspect that is beneficial to a Nevada business and that is the existence of stocks or shares in the form of “bearer shares”. Such a share provides direct ownership of the said stock by any individual currently holding the shares. This is quite beneficial in emergency situations like hostile litigants wherein it eases the temporary transition in ownership.

One of the highlights of bearer shares is that it provides privacy as well as asset protection.

Fast and Super Easy Incorporation Process – How IncParadise helps

If you have decided to register a Nevada business corporation then IncParadise makes the registration an easy process. In the state of Nevada, a business corporation can be formed by one or more persons and it is legally recognized under the 2010 Nevada Code-Chapter 78 Private Corporations.

IncParadise has been assisting several start-ups with the formation of Nevada Business Corporation. As one of the most reliable agents in the state, we provide an easy and transparent process. We can help you form a corporation by providing the following services:

  • Assist with the process of business name reservation
  • Assist with the filing of the articles of incorporation
  • Provide online assistance regarding any information pertaining to formation of a Nevada Business Corporation
  • Assist with the application process for a Nevada certificate of good standing for an additional fee
  • We can file the Nevada Initial List and apply for a Business License on your behalf
  • We can help you obtain an EIN (Tax ID) from IRS on your behalf at an additional fee
  • We will provide you with file stamped copy of Articles
  • We also provide company bylaws and ready to fill Stock Certificates

Apart from the standard incorporation services, you can benefit from our Nevada mail forwarding and other additional services accessible through a secure online account.

Enjoy Tax Advantages in Nevada for your Business!

Cost of Doing Business in Nevada

The state of Nevada is considered as one of the most competitive markets for new businesses. If you want to know why you should start a business in Nevada then the answer lies in one of the factors that make this state so attractive. That factor is low overall cost of setting up a business. Apart from the zero inventory tax, Nevada boasts of a strong transportation infrastructure and a favorable geographic location.

The Nevada laws are pro-business and it is fairly easy to set up a Nevada business. Some of the factors contributing to the low overall cost of doing business include:

  • Low licensing fee, annual fee, startup fee, and regulatory fee
  • The state has an abundance of highly economical commercial and industrial real estates
  • The utility rates for business or commercial operations are highly competitive and there are several incentive programs that provide rebates for electric utility customers like the Solar Energy Systems Incentive Program (SESIP).
  • A Nevada business will benefit from lower shipping and storage costs due to the state’s proximity to California or west coast markets.
  • Entrepreneurs and businesses can take advantage of the foreign trade zones (FTZs) in Reno and Las Vegas as such zones provide logistical benefits, duty reduction and elimination on specific goods and projects.
  • The state provides really competitive air cargo costs that will benefit those businesses that require shipping by air.
  • A Nevada business can benefit from the fact that the state doesn’t have any personal income tax, corporate income tax, unitary tax, and franchise tax.
  • The state and county provide start-ups the opportunity to save costs and grow by utilizing a variety of Nevada business incentives.

Nevada Government Support for Businesses

The Nevada economy and markets have been changing and evolving constantly while providing positive outcomes. Due to the low cost of doing business, the number of start-ups being formed in the state have increased. Businesses are flourishing thus creation of new Nevada businesses or industrial hubs like the City of North Las Vegas are also experiencing rapid economic development. Amidst all this, the support structure provided by the Nevada State to small businesses are playing a key role.

Some of the key factors in the “why start a business in Nevada” list are the numerous incentive and pro-business programs being implemented by the state of Nevada, Department of Business and Industry. Let’s look at what type of support infrastructure is

  • Procurement Assistance & Outreach (POP): Selling the products or promoting specialized services offered by a start-up Nevada business to the government can be quite an overwhelming process. Hence, the Procurement Technical Assistance Center (PTAC) implemented the Procurement Outreach Program (POP) with cooperative agreement with the Department of Defense (DOD) and Defense Logistics Agency (DLA) to provide assistance to small businesses in their efforts in contracting federal, state and local government projects.
  • Financial Resources: If you are checking your why start a business in Nevada list or how is Nevada different, then financial support is definitely a driver of businesses in this state. The support is being offered by Nevada Governor’s Office of Economic Development (GOED) through accessibility to various financial resources. Some of the popular financial resources include Industrial Development Revenue Bonds (IDRBs), the Silver State Opportunities Fund (SSOF), the Nevada Microenterprise Initiative (NMI), State Small Business Credit Initiative, Nevada Catalyst Fund, and the U.S. Small Business Administration (SBA) loan programs.
  • Nevada Opportunity Zones (OZ): Nevada Governor’s Office of Economic Development is responsible for implementing the Opportunity Zone program for new and existing Nevada business. The program is a type of tax incentive that has been designed to encourage long-term investments especially in low-income communities. There are specific areas that have been designated as opportunity zones and you will need to form your business in such a zone to derive benefit.


Nevada Doing Business As

Date: | Category: | Author: Martin Pouzar


One of the important considerations to be made while registering a business entity is identifying if you require a Nevada doing business as (DBA) registration. DBA refers to an entity that is said to be “doing business as” when the name they are operating under is different from their registered name.

Nevada DBA – Doing Business As

A Nevada doing business as (DBA) name is also known as an “assumed name”, “trade name” or “fictitious business name”. A business entity can assume any number of DBAs as there is no defined limit in the business laws. It is also important to note that unless you file for a DBA, you will not be able to conduct your business in any other name.

What is a DBA?

In order to understand Nevada doing business as (DBA), we need to understand what type of businesses requires DBA registration. A Nevada business would require a DBA registration if they want to transact business with any other name except for their registered name. In other words, every new or existing business has a “true name” also known as the legal name.

The legal name of a partnership or sole proprietorship would be the name of the business owners. The case is not the same for a business corporation, limited-liability company (LLC) or any other statutory business entity. The business name for such entities would be the name that has been mentioned or approved in their formation or incorporation documents. If and when a business entity requires a trade name, they will have to file a DBA or fictitious business name in Nevada. For example, if the owners of a start-up business named “Black Hat” want to conduct business as “Cryptic Linux” then they will have to file a DBA.

When you need a DBA?

If you are planning to register a new business in Nevada or have a business in any other state but are planning to start in Nevada using a different name then you will need to file for a Nevada doing business as (DBA).

It is important to understand that registering a fictitious business name in Nevada is not the same as incorporating your business and both have different processes. If you register the DBA without forming or registering your business entity in the state then the business will not be recognized under the law.

There are several reasons why a business entity or owner may need to register a fictitious business name in Nevada and some of these are:

  • New Name: The foremost reason for adopting a Nevada doing business as (DBA) name is if the owners don’t want to conduct business under their personal name. This is true for partnerships and proprietorships. If you are planning to register an LLC or business corporation then also the reason would be the same, which is not to use the legal name or registered name of the company.
  • Privacy: If you or your business requires privacy then you can opt for a fictitious business name in Nevada. In Nevada, once you register your business name or personal name for business purposes, it will automatically go on public record.
  • Distinctive Name: There are times when a business may register a name and realize that the name has no connection with the business. For Example: If you have a Plant Nursery and you have registered it as Joe Fish (owner name) or Green Leaf LLC then you can file for a Nevada doing business as (DBA) as Potting Plants. The name would provide a clear insight at what the business offers or its activities.
  • Bank Requirements: A bank may require an entity to register a DBA to facilitate the opening of a business account. This is true in cases of sole proprietorships and general partnerships. You may be required to show the bank copy of documents for a fictitious business name in Nevada filing or even assumed name certificates as proof.
  • Expansion: If your existing business is expanding into another area that is completely different from the current business activity then filing a Nevada doing business as (DBA) name will definitely be a distinct advantage.

Do you want assistance with DBA in Nevada?

How to choose a fictitious business name

There are specific laws in place when it comes to adopting a fictitious business name in Nevada. It is important to note that there are some limitations applicable to adoption of certain fictitious names pursuant to NV Rev Stat § 602.017 (2017). In order to choose the correct DBA for your Nevada business entity, you need to consider the following:

  • A person or individual cannot adopt any Nevada doing business as (DBA) name that has “Corporation,” “Incorporated”, “Corp.,” “Limited Liability Company”, “L.L.C.” or “LLC” in its title unless they own a business corporation or Limited-Liability Company.
  • You can brainstorm concepts or ideas pertaining to a DBA in the same way that you would choose a standard business name.
  • You need to ensure that the chosen fictitious business name in Nevada is distinguishable from any other name that exists in the records of the County Clerk. You can conduct your search with the county where you are planning to operate your business from. For example: If you are planning to form a business in Clark County then you can search for a DBA in their Records Search System.

How to file a Nevada DBA

It is important to know that in Nevada, a DBA is not filed at the state level and instead you will have to file it with the County Clerk’s office. The filing requirements as well as fictitious business name in Nevada requirements may vary from one county to another.

Nevada DBA Forms

If you plan to establish your Nevada business in Clark County you can file the DBA directly or We at IncParadise can assist you with the filing to save time. The fee for the Nevada doing business as (DBA) filing with the Clark County Clerk’s Office would include the following:

  • NV Clark County DBA filing – $75
  • USPS Shipping of Certificate – Free
  • USPS Express Mail Shipping of Certificate – $30.50
  • USPS Express International Shipping of Certificate – $74.25

Your Nevada DBA will expire 5 years from the date of filing and you will have to renew same from the respective county clerk office.

How IncParadise can help you with Nevada DBA

IncParadise is one of the most reputable registered agent in Nevada and we can assist you with the process of business formation as well as Nevada doing business as registration. We provide DBA filings in Clark County, Nevada and this ensures you are able to use your fictitious name for conducting business in cities like Las Vegas, North Las Vegas, Henderson, Boulder City, and Laughlin.

We can also provide assistance with finding the right fictitious business name in Nevada and thus help you avoid using any names that the state of Nevada may find to be deceptive. This will ensure timely filing of the DBA.


Small Business Ideas in Nevada

Date: | Category: | Author: Martin Pouzar


Nevada, also known as the “Silver State” has a strong and growing economy driven by a variety of industries including tourism, machinery, mining, food processing, gaming, logistics, aerospace, and manufacturing. It provides the perfect platform for a small business in Nevada to leverage from existing infrastructure, business incentives, financial aids, and a skilled workforce.

Why is Nevada a great place to start a small business?

A report was published by CNN-Money that Nevada is among the top 5 states for starting a business. This is primarily due to the fact that there are no capital gains, income, corporate capital gains, and corporate income tax in the Silver State. It also has the lowest property taxes in the nation and this is quite an advantage for a small business in Nevada.

If you have any small business ideas Nevada then it will definitely bear fruits in terms of growth and success due to the various benefits and advantages the state offers. There are several reasons why a number of small businesses and start-ups have chosen Nevada as their base of operations. Let’s look at what has made this state so popular amongst entrepreneurs.

  • Diverse Industries: Nevada is home to several big organizations from a variety of industries. The silver state provides a unique combination of low population density, natural resources, strong transportation infrastructure, and opens spaces, so that a start-up or small business in Nevada can derive maximum benefit.
  • Emerging Opportunities: There is a rise in emerging and exciting opportunities in different industries that will be able to accommodate almost any small business idea in Nevada. These opportunities are being created due to the increasing focus on innovation and use of technology.
  • Programs and Incentives: One of the salient benefits of starting a small business in Nevada is the several programs and incentives offered by the state. The Governor’s Office of Economic Development (GOED) is responsible for offering a variety of incentives to small businesses right from tax abatement to employee hiring incentives.

Nevada is one of the few states that offer low overall cost of forming a start-up but the question is what type of start-up would be the most profitable?

Top 8 small business ideas in Nevada

Nevada is home to a variety of small businesses and medium enterprises (SME’s) including Caesars Entertainment, Switch, Las Vegas Sands, Allegiant, Johnson Electric, American Retail Group Inc., Sierra Pacific Power Company, GES Global, AMERCO, Sierra Nevada Corporation, MGM Resorts International, and Skagen Designs among others. The innovation and technology enabled environment in the state helps small business ideas in Nevada grow. Let’s take a look at what type of start-up would do well in the state.

1. Bed and Breakfast

One of the top industries in the Silver State is tourism. If you start a small business in Nevada as a bed and breakfast establishment then it will help you align your business in the industry while ensuring tourism related accommodation requirements are fulfilled. If you already own a commercial or residential space in the state then this type of small business will be easier to start.

2. Social Media Consultant

In the age of the internet, every new business has to carve its niche in the market. The use of social media is one of the key elements of marketing and branding strategies. Hence, it is definitely an industry specialization that a small business in Nevada or start-up can focus their investment on.

3. Toy Making and Gifts Industry

An integral part of the Nevada Manufacturing Industry, toy making, has witnessed a positive growth since the state became a hotspot for tourism. In fact, Las Vegas hosted the first of its kind – ToyFest West 2019 and thus brought the toy and gift industry into the mainstream industries. Toys and gifts are currently being considered as one of the trending small business ideas in Nevada.

4. Consumer Technology

This is a highly new and innovative area that is raising some storms with the “smart-tech for homes” invasion. The truth is that consumer technology is one of the leading futuristic small business ideas in Nevada and the Silver State is just the place to transform your start-up dream to reality. The Consumer Technology Association (CTA) organized CES 2019 in Las Vegas and this was the world’s largest tech show. You can even showcase your innovation in CES!

5. Meal Prep Service

Thanks to technology and increased awareness for nutritious and wholesome meals, the meal prep service is becoming one of the fastest growing businesses in Nevada. This area of food catering or food preparation is just perfect for a small business in Nevada. The investment required will vary according to the offering, which can be a senior citizen diet meal to high protein meals.

6. Jewelry Making

This is quite a niche area when it comes to small business ideas in Nevada. There are two different aspects of jewelry making to consider and that involves the type of jewelry that you plan to sell, will you be selling it online or through a store, the targeted audience etc. One of the interesting innovations is the introduction of lab-created or lab-grown diamonds and it is fast re-shaping the jewelry industry.

7. Apparel and Fashion

Clothes and fashion walk hand-in-hand as they complement each other. Clothes determine the fashion trends and fashion provides the necessary branding platform for clothes. There are plenty of choices for a small business in Nevada in the apparel and fashion industry. You can choose to be a retailer for a big brand or get creative with designing and manufacturing your own style of fashionable apparel. A 2010 report by the U.S. Bureau of Labor Statistics revealed that the average expenditure of consumers was $1,700 annually on apparel, footwear, and other related products.

8. Luxury Furniture Business

Furniture businesses have existed since time immemorial but this is the age of innovation, minimalistic design, and conveniently luxurious furniture. You can launch your small business in Nevada in the luxury furniture industry as there is a rising popularity in multi-functional luxury furniture. This type of furniture is attracting smaller households that require maximize utilization of furniture while minimizing use of space.

There are several other small business ideas in Nevada that you can invest in and they vary from the tourism and gaming industry to accommodation, food and beverages, manufacturing, and information technology.

Nevada is a state that has a pro-business environment and laws and hence any good business idea will help you carve a niche in the market. If you already have a concept or have an idea for a small business in Nevada then we can help you bring that idea to life by providing assistance in business formation or incorporation. Our assistance can be in the form of registered agent services and customized as well as additional services for specific business requirements like Nevada mail forwarding, filing of annual report in Nevada, corporate or LLC kits, and filing of EIN among others.


Marketing Strategies for Nevada Business

Date: | Category: | Author: Martin Pouzar


The success of any Nevada business depends on several factors but one of the prime catalysts is a strong marketing strategy. Marketing is basically a structured process and its objective is to target and engage new and existing customers of a start-up or small business to generate sales. A strong marketing strategy can help not only in improving the commercial focus of a business but also become an influential driver of business growth.

How marketing plays a role in growing your Nevada business?

A small business in Nevada or a start-up needs to target both short-term gains and long-term growth and the best way to do so is by implementing a sound marketing strategy. It is important to understand first what marketing really is and what roles it will play towards the growth of your business enterprise.

Sound marketing strategies and practices play the role of being the sales enabler for your Nevada business. In fact, what marketing really does is gather field or market intelligence from potential and existing customers along with information pertaining to competition. It also transforms it all into a deliverable services or products that focus on enabling the overall growth of the start-up or new business in Nevada.

Marketing plays a key role for small business in Nevada in the following ways:

  • Creates a brand: One of the most important roles of marketing is to create a brand! Your Nevada business and its product or services are an essential part of the process of branding. It creates high visibility for your company by telling customers what to expect from products and services offered by you. It also highlights how your products or services are different from that of your competitors.
  • Clear decision making: A small business in Nevada has to start by setting goals and creating strategic marketing plans so that it can achieve growth in local, national or international markets. A strategic marketing plan enables businesses to make clear decisions by considering various opportunities and threats that a start-up may face from their external environment.
  • Strengthens Growth Strategies: An important aspect of marketing is the formulation of Nevada business growth strategies. These strategies focus primarily on a product – market matrix that presents opportunities, threats, resource requirements, returns and risks.
  • Customer Connect: Marketing is essential towards driving growth for start-ups and an integral part is creating a “strong bond or connection with the prospective customer”. Marketing provides a Nevada business with a path defining the different ways through which it can identify what the customer needs and how the company can fulfill it.
  • Creates strong digital presence: In the age of the internet; marketing helps in strengthening the digital presence of a small business in Nevada.

Top 10 marketing strategies you can try for your Nevada Business

As an entrepreneur, you are probably wondering how to create a marketing strategy perfect for your start-up business in Nevada. It is never an easy path when it comes to starting a business and growing it. It all starts with an idea but how do you bring the idea to life? You will have to ensure there is enough visibility of your products or services. This can be quite a cumbersome process and hence, we have listed some of the top marketing strategies that will provide the much needed boost to your start-up business in Nevada.

1. Name Branding

A business is known by the name. A name defines the business logo and they should be such that higher retention value gets created, like it is at Apple, Nike, or Linux. The name and logo of these companies define the brand. A start-up business in Nevada needs to ensure their name and logo are in sync and provide an insight into the type of business it is. Some of the options for developing a name are:

  • Use the founder’s name like HP (Hewlett-Packard)
  • You can describe what the business does like Delta Airlines, FedEx
  • You can describe an experience or image like Disney, Sprint
  • You can describe the type of product like Jaguar, Land Rover
  • You can use a non-traditional or innovative word like Nike, Amazon
  • You can create your own word like Google

2. Official Website

This is a must have for every small business especially in the digital age. A website is the face of the company and at the same time it acts as the branding vehicle. If you are an e-commerce company like Amazon, a shopping cart and product listing within the website can lead to high sales. A website can be brief with the basic informative pages related to the start-up Nevada business or it can be an in-depth website with articles and blog posts linked to products and services. There are several tools that you can use to create your website and these includes:

  • WordPress
  • Constant Contact
  • SiteBuilder
  • BigCommerce
  • Shopify
  • Weebly
  • Squarespace
  • Wix

3. Run A/B Testing

A/B testing is a fairly new concept that you can try out for your start-up business in Nevada. It refers to two variations of a single website design or content or copy, which is tried with random customers. Here is an example to understand this well: you can design two different landing pages of the same website and upload them. The pages will be randomly served to different visitors to the site. The type, demography, age and other related information of the visitors to each of the landing page will be tracked to check which page performs better. This is how A/B testing will help you determine if changes or additions are required to bring about the necessary improvement in conversions.

4. Digital Marketing Strategy

An important part of the overall marketing strategy of any Nevada business is defining a digital marketing strategy and tools to be used. A sound digital marketing strategy can help start-ups to thrive in the competitive landscape. Some of the tactics that will definitely keep your business one step ahead include:

  • Optimize your website or blogs for mobile platform
  • Increase your organic engagement rate on social media platforms
  • Create and share engaging webinars with strong marketing and informative content on start-up Nevada business
  • Work out ways to connect and interact with your target audience in real-time
  • Create a targeted email list for sharing products, services, and discounts

5. Create Visibility on social media

Social media is the most powerful platform for small businesses and start-ups. It may come across as highly intimidating at first but the first step will help a small business in Nevada to gain the required momentum. It is a platform appropriate for implementing both branding and marketing strategies. As start-ups can create visibility and target their prospective customers by making posts on future products or services as well as post existing product photographs. Some of the top social media platforms including Instagram, Snapchat, Twitter, Facebook, and SocialDrift among others.

6. Start Blogging

One of the most effective ways of engaging your audience is by starting a blog. It is considered to be a content marketing tool that a small business in Nevada can use to amplify their message directly to the customer. A blog will let you provide information pertaining to your company, history, ideas, introduction to and salient benefits of product or services, how the customer would benefit, business events, summer sales, pictorials, and much more. The more informative your blog is; the higher will be the customer engagement. You can choose to start with a free blog or you can book a domain name and start a blog with the business name. You can also use specific blog marketing tools to maximize impact like Buffer and Tweriod.

7. Content Marketing

One of the top marketing strategies for businesses in Nevada is content marketing. Content is and will always be the king and it is needed to build trust. When a prospective customer reads the content on social media sites or your blog, they should be able to make the decision of buying the product or service. Call to action is an integral part of content marketing for small businesses in Nevada. In order to make content marketing, a success you need to focus on 3 key areas and they are:

  • Content production: This is the first and most creative aspect of content marketing. If you have identified your target base and the market then you need to create content that is search engine friendly (SEO), informative, and engaging.
  • Content Syndication: Once content has been created, it needs to undergo syndication. It has significant SEO benefits for a small business in Nevada like generation of backlinks and enhancement of domain authority (DA). Some of the content syndication platforms include Inbound, Medium, and Slideshare.
  • Content Sharing: The final step is to enable the content created by you to be shared by the customers. The shareability factor of any content depends on how engaging and useful it is to the prospective customer.

8. Search Engine Marketing (SEM)

Search engine marketing is considered as one of the most effective ways of attracting prospective customers and generating revenue, especially for a small business in Nevada. SEM as it is commonly known will help your business grow in a highly demanding and competitive marketplace. Some of the important elements that every small business should work with include:

  • Paid search marketing
  • Logical keyword grouping for higher click-through rates
  • AdWords and Bing Ads accounts for start-up Nevada business
  • Search Engine Marketing Ad Auction
  • Maintaining high Google AdWords’ Quality Score
  • Use high-end web analytic tools

9. Search Engine Optimization (SEO)

Search engine optimization (SEO) is a process by which a start-up business in Nevada can increase the quality as well as quantity of website traffic. This in-turn helps in increasing overall brand visibility leading to higher footfalls and revenue generation. If you implement SEO as a part of your marketing strategy, then it will work through several vehicles like image search, academic search, specific product related search, video search, and news search among others. It is a proven method that helps generate a good return on investment. Some of the tools you can use include:

  • Google Search Console for a start-up Nevada business
  • Keyword research tools like SEMrush
  • Email marketing and project management tools like BuzzStream
  • Link building tools like Linkody
  • Tools for analyzing website performance like HubSpot’s Website Grader

10. Affiliate Marketing

The final element in your marketing strategy should definitely be affiliate marketing as it is still one of the most effective tools for generating sales. A small business in Nevada can incorporate an affiliate program through which business rewards can be given to one or more affiliates for each new customer they bring in using their own marketing or sales strategies.


Start Business in Nevada

Date: | Category: | Author: Martin Pouzar


An individual thinking of establishing a start-up has to make extensive planning regarding business operations. It is also important to identify which state is perfect for setting up a new business. One of the top 10 states with an excellent overall business climate is Nevada. Over the last decade, forming a small business in Nevada has increased tremendously as the Silver State has a pro-business law and infrastructure at the state, city, and county level.

An Entrepreneur’s Guide to Start a Business in Nevada

We understand that the requirements for each new start-up or entrepreneurship are different and so are the procedures to form a business in Nevada. Thus, we have created this guide in the form of a detailed Nevada business checklist that will be useful to every entrepreneur and business owner. The guide will take you through the advantages and benefits for an entrepreneur to conduct business planning, entrepreneurial training, networking events and to choose the best business structure. It will also provide guidance for registering a business, funding, and marketing it.

Why choose Nevada to start your business

Nevada is one of the few states that have a favorable tax climate, just perfect for a start-up or small business. There are several aspects of the economic and business environment that makes the Silver State such an attractive destination for entrepreneurs and business owners. If you are thinking of doing business in Nevada, it is important to know the many advantages that it offers. Some of the advantages are:

Low Cost of Living

The first thing that comes to mind when you think of Nevada is “Las Vegas!” although that is not the only attraction for businesses in this state. A new business in Nevada needs to consider the financial impact of operations including the cost of living. This low cost of living also opens the doors for businesses to hire talent from other states to work in Nevada.

Tax Laws and Benefits

Tax benefits is one of the top reasons driving business formation and if you register a business in Nevada, you won’t have to worry too much about taxes. Why? The state is considered by many as a strong tax shelter. For example, a limited liability company doesn’t have to pay any franchise tax or personal income tax. Similarly, different forms of businesses can enjoy different tax benefits.

Tech Revolution

It may be difficult to identify what is the best business to start in Nevada but one aspect you can be rest assured of is that it is the hub of a tech revolution! The tech story started with Tesla with their Gigafactory 1 in Reno and today, it is home to several tech startups. Big brand names like Apple have their businesses in Nevada, especially in the Reno Technology Park.

Steps to Start a Business in Nevada

The one thought that bothers most new entrepreneurs or start-ups is identifying the steps to start a business in Nevada. There are many aspects to consider that can drive a business to grow from a sapling stage (ideas) to becoming a huge tree (revenue generation). Let’s take a detailed perspective into the various stages of starting a business from scratch.

1. Planning

A business cannot succeed without proper planning and hence it should be an integral part of any Nevada business checklist. Business plans are like blueprints that provide a detail of how best to effectively operate a business based on what business objectives needs to be achieved. Some of the benefits of a strong business plan include:

  • Provide a focused road map to form a business in Nevada and target long-term growth and gains
  • Test overall viability of an entrepreneur’s objective and ideas
  • Assists with research and critical strategies focusing on complex short and long-term business issues
  • Provides an action plan related to making a business operational in the local, statewide, or global marketplace
  • Help in securing operating capital through bank loans or equity financing
  • Provide an insight into starting an online business in Nevada
  • Provide a strong business plan attracts angel investors or venture capitalists

Of course, if you are a first-time entrepreneur planning to start a business in Nevada then preparing a business plan can be quite confusing as there are so many things to consider. Some of the essential tools that you can use to create a thorough plan include:

  • Customizable Templates: A business plan will help you to decide the best business to start in Nevada. One of the ways of going about creating such a plan is to download a complete “Business Plan Template” or specific segments of the plan like “Marketing & Sales Template” or “Financial Projections Template”.
  • Innovative Apps: These are innovative applications meant for those who plan to start businesses in Nevada. The applications will help you create a “Business Model Canvas” (BMC) on your computer or laptop and can be shared with the entire team. The Business Model Canvas is basically a lean startup and strategic management template that provides a visual chart with different elements including infrastructure and finance. Some of the most popular business model canvas applications include Canvanizer 2.0, Strategyzer, etc.

The customized templates for business plans along with BMC applications make writing a business plan almost a walk in the park!

2. Entrepreneurial Training/Seminars/Workshops

Modern day entrepreneurs are considered to be the driving force of society and the economy of almost every nation and a start-up business in Nevada needs the strong leadership of an entrepreneur. Why Entrepreneurial Development Programs are Important?

The success of successful businesses in Nevada lies in strong entrepreneurship skills. A promising business owner need not only enhance their existing skills but also acquire other relevant skills and abilities to spearhead their business. Entrepreneurship Development Programs (EDP) have been created solely for this purpose, which is to help business owners develop their entrepreneurial abilities. There are times when start-up owners may possess such skills related to doing business in Nevada and EDP can help them with polishing and incubation of those skills. Some of the important aspects of EDP include:

  • Provide insight into how best to form a business in Nevada
  • How to move out of the scope of the existing market
  • How best to improve existing or new services, products, or technology
  • Create a social change
  • Create job opportunities or increase employment
  • Increase innovation opportunities by promoting research and development
  • Ensure optimum utilization of available resources to promote economic growth
  • Enhance overall standard of living

This brings us to the question of whether there are any entrepreneurial development programs available for entrepreneurs planning to register businesses in Nevada. There are training programs available and the important programs include:

  • NxLeveL for Entrepreneurs: This is a multi- week entrepreneurial development program that has been created to provide information and guidance on how you can plan for business success. Some of the aspects of setting up a business in Nevada that have been incorporated by the program include business strategies, goal-setting, management techniques, and financial accountability.
  • Economic Development Authority of Western Nevada (EDAWN): This is a program that is focused on empowering entrepreneurs through inspiration towards starting an online business in Nevada, experiential learning, connectivity as well as accolades.

Apart from the above program, some of the top colleges and universities in Nevada also offer entrepreneurship programs like UNLV Center for Entrepreneurship (CFE) and University of Nevada, Reno – Office of Enterprise & Innovation. get a quick Introduction to entrepreneurial development.

3. Attend Networking Events

If you are an entrepreneur planning to form Nevada business then networking will be critical towards determining the success of your business. A research “Informal Innovation: Entrepreneurship and Informal Communities” revealed that almost 78% of startups owe business success to networking. This is one of the most important aspects of any Nevada business checklist – every entrepreneur should attend networking events frequently.

Networking has always been the key to the overall business and revenue growth of start-ups. How do you actually network or how can you increase existing networks? The solution is as simple as attending networking events that focus on businesses in Nevada. These events are attended by successful entrepreneurs as well as future business owners. You can start by becoming a part of networking groups prior to or after you register your business name in Nevada.

Some of the ways that networking events can help you or your business are:

  • New Contacts: A networking event is a platform where you will be able to meet potential clients and also generate referrals.
  • Identify New Opportunities: One of the highlights of a networking event is that it will help you identify opportunities for future partnerships and expansion. It will also help you identify new markets for services and products if you are planning to form a business in Nevada.
  • Business Visibility: The platform will help you create high visibility for a start-up or new business. Networking events like business luncheons can raise your business and personal profile.
  • Knowledge Platform: One of the benefits that you can enjoy is sharing of ideas and receiving knowledge from other business owners or entrepreneurs. This knowledge and experience of others can assist in doing business in Nevada.

It is important to know that you can participate in any of the networking programs before and after you register your business in Nevada. You can also sign-up for such programs online and participate at a physical location. The networking programs are an important catalyst of starting an online business in Nevada. You can check out the following:

  • Small Biz NV: They provide a detailed calendar of networking and start-up business programs that you can check here. The programs have been initiated by the Department of Business and Industry, State of Nevada. This is an essential program in any Nevada business checklist.
  • Startup Weekend Events: The programs are particularly focused on Techstars Startups and they are held over weekends. The program provides a platform to connect with new customers and helps sharing experience. The program calendar is available here and it takes place in Reno or Elko.

4. Choose a Business Structure

One of the most important requirements to start a business in Nevada is choosing the correct business structure. Each type or form of business has its own benefit, laws, and registration requirements. In fact, there are separate laws and forms to register a business name in Nevada. The different types of business structures you can form in Nevada include:

  • Limited Liability Company (LLC): A Limited Liability Company is considered to be a hybrid entity, which combines the benefits of a partnership and a corporation. If you want to register a business in Nevada as an LLC then it will be governed by Chapter 86 of the 2015 Nevada Revised Statutes. You can form a domestic, foreign, and a professional Limited-Liability Company in the state. You will be required to register your business name in Nevada prior to filing formation documents.
  • Corporation: This type of business entity is considered to be created by an “artificial person” and is operated with the permission of the state of incorporation. The artificial person is only on paper and it should have at least one stockholder. If you form a business in Nevada and register it as a Corporation then it will be governed by Chapter 78 of the 2015 Nevada Revised Statutes. The type of tax treatment will help you decide the best business to start in Nevada.
  • Sole Proprietorship: A Sole Proprietorship is a type of business that any person can form and it is intended to perform a service or engage in a trade that results in profit. An entertainer, a freelance photographer, or an independent contractor are examples of a proprietorship business. It is normally a one man show. Although sole proprietorships are not required to file formation documents with the Secretary of State; you will require a State Business License to start a business in Nevada.
  • Partnership: A partnership business structure involves two or more owners and is governed by Chapter 87 of the 2015 Nevada Revised Statutes. You can register your business in Nevada in the form of different types of partnership like a Limited Partnership (LP), Limited-Liability Partnership (LLP), and Limited-Liability Limited Partnership (LLLP). You will be required to register the business name in Nevada and submit the Initial/Annual List of General Partners with the Secretary of State. Partnership businesses can be domestic or foreign entities.

Form the top Nevada Business Structures

5. Naming Your Nevada Business

An integral aspect of forming a new business in Nevada is name registration. Although many people think that they should not devote much time to choosing a business name, that should not be the case. Why? There is a process to register your business name in Nevada and as an entrepreneur, you should ensure all aspects of the naming process is considered. The following tips will help you choose the right business name:

  • You need to ensure that your chosen name is distinguishable from any other name existing on the records of the Secretary of State
  • Business names will have different criteria according to the chosen structure of business in Nevada e.g., the name of a limited-liability company must contain the words “Limited-Liability Company,” or abbreviations like L.L.C., and LLC among others.
  • The business name should provide an idea of your business activity e.g., if you plan on starting an online business in Nevada then your business name can be “Lime Kart LLC”.
  • The chosen name to form Nevada business should be easy to pronounce and should sound positive
  • The name should be available for “domain name” so that you can target your prospective customers quickly

In order to register your business in Nevada, you need to find an appropriate business name. There are several online resources that can assist you with various aspects of a business name. For instance:

  • Business Name Generators: These are software or online applications that you can use to find a suitable name. Some of the popular name generators include Novanym, Namelix, Anadea, and Wordlab among others.
  • Business Name Ideas: You can find business names based on type of product, service, or industry. One of the websites offering ideas to find an appropriate name for your business in Nevada is Squadhelp.
  • Domain Name: You can book a domain name before you register your business name in Nevada so that you are one step ahead of the competition. Some domain operators you can use include Lean Domain Search, godaddy, and hostgator among others.

6. Choose Your Business Location

The location to form a Nevada business is critical to the operation and growth of the entity. In fact, the best business to start in Nevada is also dependent on the location. Fr example, those focusing on export should be located closer to a major transportation hub (Las Vegas) or a Foreign Trade Zone (Clark County). Similarly, there are several other factors to be taken into consideration like:

  • Zoning laws
  • Property Values
  • Reduced excise taxes
  • Business Insurance Rates
  • Industrial park or center
  • Minimum Wage laws
  • Opportunity zones
  • Enterprise zones
  • Government licenses and fees
  • State and Local Taxes
  • State and Local Business Incentives

If you are searching for a location to register your business in Nevada then there are sixteen counties and 1 independent city (Carson City) to choose from. The counties are:

  • Churchill County
  • Clark County
  • Douglas County
  • Elko County
  • Esmeralda County
  • Eureka County
  • Humboldt County
  • Lander County
  • Lincoln County
  • Lyon County
  • Mineral County
  • Nye County
  • Pershing County
  • Storey County
  • Washoe County
  • White Pine County

It is important to understand that you can start a business in Nevada in each of the above counties but the jurisdiction and licensing requirements will be different for each county. The Code, Ordinances, laws related to regulated businesses and administrative services will vary from one county to another.

7. Register Your Business with the NV SOS

Once you have chosen the right business structure, business name, and location for your business in Nevada, it is time to take the first step towards establishing your business. The best way to doing business in Nevada is by registering it with the Secretary of State (SOS).

Some of the important resources that will assist you to register your business in Nevada with ease include:

  • Tax: The Nevada Department of Taxation provides useful resources regarding EIN and existing tax brackets for starting an online business in Nevada.
  • Statutes and Regulations: These can help you get information and understand laws pertaining to your business structure. Click Here for Business Laws.
  • Restricted Word List: This is a resource that will help you register your business name in Nevada as usage of certain words are restricted.

Form your New Nevada Start-up with Incparadise!

8. Get Your EIN

EIN Number or the Employer Identification Number is a Tax ID number that is issued by the IRS to those doing business in Nevada. It is similar to a social security number except that it is applicable only to businesses. You can apply for an EIN only if you are planning to form a business in Nevada. You can apply for it with the IRS through mail, fax, and online. Some of the important resources that will help you with obtaining the Nevada Tax ID are:

  • Department of Taxation FAQs: This is a page focused on helping you obtain EIN to start a business in Nevada. You can download or read through their EIN guide.
  • Nevada Tax: If you are unaware of the various applicable taxes for starting an online business in Nevada then visit the Nevada Tax Center. It provides an insight into business taxes and how to manage business tax filings.

We can file EIN on your behalf!

9. Open a Business Bank Account

An important financial aspect of any business is working capital and a bank account is what keeps the capital safe. A bank account is required if you plan to register your business in Nevada. It is easier to open a bank account once you have your Employer Identification Number (EIN).

Opening a bank account has its own benefits and hence is an important part of any Nevada business checklist. Some of the benefits are:

  • It will make recordkeeping of business finances easier
  • It will help demarcate business from personal finances
  • You will be able to calculate your taxes properly and make necessary payment
  • Helps in disbursement of salary
  • Helps in tracking business expenses
  • Helps in audit prevention
  • It adds credibility to any business in Nevada

In order to learn about how you can open a bank account of your business in Nevada, read our Bank Account Opening Guide.

10. Get a Nevada State Business License

When you start a business in Nevada there are several requirements that the state requires you to fulfill and one such requirement is that of a business license. Every entrepreneur starting a new business needs to know whether their business requires a license, permit, or both. This is an integral part of your Nevada business checklist and you can apply for one along with your business formation documents. Here are some facts:

  • A business license or permit can be issued by the Secretary of State or County Clerk
  • You may require a single or multiple licenses depending on business activity or industry
  • Apart from the state business license, you may also require city or county specific licenses

In order to learn about how you can apply for a business license, check our Nevada Business License information page.

11. Register with Nevada Department of Taxation

Once you register a business in Nevada the next step is to register with the Nevada Department of Taxation. You can register online and there are no filing fees for same. This registration will help you file your returns annually. You may have to register for the following:

  • Sales tax: If you are starting an online business in Nevada that will be concentrating on selling or transferring of tangible personal property then you will be required to collect sales tax from the buyers. This tax has to be filed with the Nevada Department of Taxation.
  • Other taxes: Once you register your business in Nevada, depending on the type of business or business activity or revenue generated, you may have to file different taxes like the Commerce Tax and Modified Business Tax.

If you are unsure of how to file taxes or the type of tax you would have to file then the following resources will be useful:

Formation of a Nevada start-up has never been this easy!

How to Set Up LLC in Nevada

Date: 11/12/2019 | Category: | Author: Martin Pouzar


Nevada is considered amongst the top 10 states with good business climate, which is dependent on several factors. The fact that the state offers a competitive cost of doing business is the reason why more and more entrepreneurs are planning to set up LLCs in Nevada. Today, the economy of northern Nevada is known to be a prolific economy in the nation.

Why set up an LLC in Nevada?

In an economically strong state like Nevada, new and existing businesses will be able to enjoy growth and long-term stability. This is possible due to several factors that have a positive impact on the overall business climate as well as businesses. If you are planning to set up an LLC in Nevada then some of the factors acting as a stimulant to growth includes strong infrastructural support in the form of airports, interstate, and railroad.

A positive and strong economy is also another factor enabling people to form or register Nevada LLC. In 2018, the Real Gross Domestic Product (GDP) of Nevada was $146.22 billion as compared to $128.83 billion in 2010. The economy grew at an annual rate of 3.3% in 2018.

There are several other factors, benefits, and advantages of forming a new business in the state of Nevada.

Advantages of registering LLC in Nevada

Why would you start Nevada LLC if the state did not offer any advantages or benefits for businesses? Indeed, businesses can discover several advantages including state supported programs that have been created to ensure a business can derive maximum benefit. Some of the primary advantages include:

  • Tax Benefits: When you incorporate a Nevada LLC, your business will be able to benefit from the fact that there are almost “no state level taxes”. The state doesn’t levy any corporate income tax, personal income tax, admissions tax, unitary tax, gift tax, and franchise tax.
  • Asset Protection: A start-up or small business in Nevada has the advantage of the Significant Asset Protection Policies the state and business laws provide.
  • Incentive Programs: There are several programs implemented by the state and a business can qualify after you register Nevada LLC. These programs offer loans, grants, tax abatement, tax credits, and employee hiring incentives.

How long does it take to incorporate an LLC in Nevada?

In order to set up an LLC in Nevada, you will be required to file LLC formation documents, which are separate for domestic and foreign business entities. Once filed with the Nevada Secretary of State, the processing time for Nevada LLC or corporation can vary from 10 to 30 business days.

If time is of essence to you then you can consider expedited processing options, which will help to reduce substantially the overall time taken to incorporate a Nevada LLC. The office of the Secretary of State offers a 24-hour expedited service, 2-hour expedite service, and 1-hour expedite service but there will be an extra fee for the same.

Nevada LLC Forms and Fees for registration

If you are planning to start a Nevada LLC and are wondering whether the entire process be expensive then we have just the right plan for you!

If you are a domestic business entity then you will be required to file “Articles of Organization Form” with the Secretary of State pursuant to NV Rev Stat § 86.151 (2013). The form needs to be carefully filled as the information pertaining to your LLC will include details about owners, members, agent, and the business entity. This is where our team of experts can provide guidance and answer your queries.

If you are forming an LLC in Nevada then the cost would be as follows:

  • State fee for Articles of Organization: $75
  • State fee for a stamped copy of Articles of Organization: $30
  • Our Service Fee: $89

IncParadise LLC fee includes services like:

  • Checking name availability
  • Preparing state-approved Articles
  • Filing Articles with state
  • Sending Articles or Certificate of formation to you

Initial list & Business license

The initial list has to be submitted along with the articles of organization. Our fee is $395, which includes:

  • State Fee for Nevada LLC Initial List of Members-Managers: $150
  • State Fee for Nevada LLC Business License: $200
  • Our Processing fee: $45

Delivery of Articles

You can start Nevada LLC or make it operational once you receive the articles of organization. The articles can be delivered in the following ways:

  • USPS: Free
  • Email Shipping: Free
  • USPS Express Overnight: $30.50
  • USPS Express International: $74.25

Certificate of Good Standing

In order to start Nevada LLC, you will require a certificate of good standing also known as a certificate of existence and it is issued by the Nevada Secretary of State.

  • IncParadise fee for Certificate of Good Standing: $70
  • Fee for Expedited Certificate of Good Standing: $150

Other formation documents and services

We understand that it is never easy to incorporate an LLC in Nevada or set up a new business and hence, we are here to provide all the necessary support and services. Some of the other document filings and services offered by us include:

  • Nevada Apostille Regular: $94 (This filing takes 2-4 weeks)
  • Nevada Apostille Expedited: $294 (Filing takes 1-2 business days)
  • LLC Organizational Meeting/Company Minutes: $20
  • LLC Kit with Shipping: $98

Nevada Address and Mail Forwarding

We have several plans to choose from depending on specific business requirements. The plans are:

  • Basic Mail Forwarding Plan: $129
  • Moderate-use Mail Forwarding Plan: $180
  • High-use Mail Forwarding Plan: $280
  • Monthly Virtual Office Plan: $105
  • Monthly Virtual Office Plan with Shared Desk: $180
  • Annual Virtual Office Plan: $570

Which Plan would you choose for Your LLC in Nevada?


Forming an LLC in Nevada

Once you have taken the decision to set up an LLC in Nevada, there are certain aspects of a Limited Liability Company formation that you need to consider as well. It is a process that will take into account these aspects. Let’s look at all that is required for an LLC formation through a step-by-step approach:

1. Check Your Nevada LLC Name Availability

It is possible to incorporate a Nevada LLC or submit an application only if you have reserved a business name pursuant to NV Rev Stat § 86.171 and § 86.176 (2013). It is important to ensure that the desired business name is available and should be distinguishable from any other name on file with the Secretary of State. Conduct a business name availability check right now!

2. Choose Your Nevada LLC Registered Agent

In order to start Nevada LLC, a business is required to designate and maintain a Nevada Registered Agent like IncParadise pursuant to NV Rev Stat § 86.231 and § 86.241 (2013). There are two options to choose from:

  • Hire a new agent for LLC Nevada
  • Change of Nevada registered agent

In order to designate a Registered Agent, you will have to file the “New Company Order Form” if it is a start-up business and the “Change Order Form” if the business is changing their agent.

Note: You will be required to file the Registered Agent Acceptance/Statement of Change form along with the Articles of Organization

3. Create and File Your Article of Organization

One of the primary steps to register a Nevada LLC is by creating and filing Articles of Organization pursuant to NV Rev Stat § 86.151 (2013). The articles have to be filed with the Secretary of State along with the required filing fees. The articles contains important information including name of the limited liability company, name and address of managers or members, registered agent information, and powers enumerated in NV Rev Stat § 86.161 (2013).

4. Nevada LLC Operating Agreement

It is always recommended to set up an LLC in Nevada by creating and filing an Operating Agreement. It is important to note that an operating agreement can only be adopted if there is unanimous vote or un-unanimous written consent of the members as stated in NV Rev Stat § 86.286 (2013). This agreement provides the rights and powers of an LLC and its owner, members, or managers.

Confused about how to create an LLC Operating Agreement? Let the experts take care of your business requirements.

5. Your Nevada LLC Tax Requirements

Yes, Nevada doesn’t have any state business taxes and since you are planning to incorporate Nevada LLC, it will be a pass-through tax entity. This simply means that the burden of paying federal income taxes will shift from the LLC to the individual members. Does a Limited Liability Company pay any taxes in Nevada?

  • An LLC will be required to pay employer taxes, if it has employees. It will be paid to the IRS and you will have to obtain a federal employer identification number (EIN) to facilitate the payment of taxes.
  • If you start Nevada LLC that is focusing on selling goods in the state then you will be required to collect as well as pay sales tax. You will have to register with the Department of Taxation for same.
  • You may have to file Commerce Tax return with the Nevada Department of Taxation if the gross revenue exceeds $4,000,000 during the taxable year.

6. Get Your Nevada LLC Business License

While planning to register Nevada LLC, it is important to also focus on getting your business license. The type of license required is dependent on the type of business and the licenses issued by the state including General Licenses, Privileged Licenses, and Regulated Licenses. Apart from this, licenses are also issued by Nevada counties. It is important to note that if your business is operating from multiple jurisdictions within a specific county then you may be required to obtain a city business license from each of the jurisdictions. You can apply for business license along with the articles of organization.

7. File Your Annual Report

In the process to set up an LLC in Nevada, one of the important documents that has to be filed is the Annual List also known as the Annual Report. It contains information pertaining to the limited-liability company and is governed by Nevada Revised Statutes § 86.263. This annual list has to be filed with the Secretary of State by the end of the LLC registration anniversary month.

Note: If a Limited Liability Company fails to file the Annual Report or List then the Secretary of State may deem the LLC to be in default pursuant to Nevada Revised Statutes § 116.31155 or 116B.620.

How IncParadise helps you to start an LLC in Nevada?

You can form a small start-up, incorporate it as an LLC in Nevada, register a foreign entity or convert your existing business in another state to a Nevada entity. All this is possible with proper guidance and assistance provided by IncParadise towards filing relevant forms with the Secretary of State and Department of Taxation.

We at IncParadise are one of the respected registered agents in Nevada and have been responsible for providing the necessary support required to start Nevada LLC in the quickest possible time and without any hassles. IncParadise will help you with LLC formation by:

  • Helping you choose a business name pursuant to NV Rev Stat § 86.171 (2013)
  • Providing assistance in reserving business name for 90 days
  • Providing information related to required and optional provisions and information for filing of Articles of organization pursuant to NV Rev Stat § 86.161 (2013)
  • Ensuring all filing requirements as specified by NV Rev Stat § 86.151 (2013) are met in order to register Nevada LLC
  • Aiding in filing and processing of all applications including Registered Agent Order Form and Operating Agreement
  • Providing information pertaining to taxes to be paid in the state and if required, assist with filing application for tax identification number.
  • Helping you to identify the type of business and ensure you obtain the correct business license.

One of the greatest benefits IncParadise provides to businesses planning to register in the state is access to the Entity Management Software. In order to set up an LLC in Nevada successfully, you will be required to file different documents and ensure all your certificates and documents are accessible. This is exactly what the Entity Management Software will help you to do. It will:

  • Help you to stay updated with the operations of your company
  • Aid with renewal of any services like business license online using the Client Zone
  • Ensure you are able to check and verify the status of your existing orders
  • Provide important alerts and notifications related to business requirements like annual list filing
  • Provide access to a secure mail forwarding service