If you already have an LLC in another state and want a Nevada LLC, then starting an LLC would be somewhat different. You must register as a foreign LLC. We have here a guide on how you can qualify and register for a foreign LLC in Nevada.
On this page, you’ll learn about the following:
- Forming an Nevada Foreign LLC
- Steps to Register your Nevada Foreign LLC Online
Forming an Nevada Foreign LLC
A foreign LLC does not need to be a company from another country but a business formed under the laws of another state. To start a foreign LLC in Nevada, you need to register it with the Nevada Secretary of State.
Step 1: Choose Nevada Foreign LLC Name
Obtain a name reservation certificate and submit it with your foreign qualification requirements at the Nevada Secretary of State. Your LLC’s legal name outside of Nevada will be listed on the application, along with the name it will use in Nevada. Take note of the requirements for naming your LLC.
Step 2: Select Nevada Foreign LLC Registered Agent
You’ll need a registered agent to form a foreign LLC in Nevada and take note that a Nevada registered agent must have a local address. Here are three of the best LLC services on our list that will provide you with registered agents to ease your worries:
Step 3: File Registration of Nevada Foreign LLC
Include the following:
- LLC’s full legal name.
- A fictitious name or a DBA (only if your LLC’s legal name is not available); Attach a statement of adoption of the fictitious name signed by all LLC members.
- LLC’s principal office and mailing addresses.
- LLC formation state and date.
- Registered agent’s name and address in Nevada.
- Date when your LLC will start operations in Nevada.
- Credit card information on the last page of the form for the $150 application fee.
The LLC cost in Nevada, even for foreign LLCs will differ between online filing and by mail.
Step 4: Determine How Your Nevada Foreign LLC is taxed
Foreign LLCs are also subjected to the Nevada Business Privilege Tax, and they must file LLC annual reports each year.
Note that forming a foreign LLC would be good for your business as you can legally operate in a different state thus reaching a larger market and opening more opportunities for higher profit.
Steps to Register your Nevada Foreign LLC Online
Time needed: 5 minutes.
When you are registering for the foreign LLC in the State of Nevada, you will have to submit your Application for Registration of foreign LLC with the Secretary of State which costs $425. After approval, you will receive a certified copy of your Articles of Organization from the State Office. We have explained the aspects you need to cover when you apply for Nevada Foreign LLC.
- Go to the Official State of Nevada Website
Visit Nevada’s Business Registration Page on the Official Nevada Secretary of State website. The platform provides an easy solution to file business documents online.
- Scroll down and search for ‘Start a Business”
Once you scroll down, you will see the heading of “New Business” under which select the option of “Start your Business”.
- Scroll down to the heading “Qualify a Non-Nevada Entity to do Business in Nevada”
The link navigates you to the next page, where you can scroll down and select the third option stating “Qualify a Non-Nevada Entity to do Business in Nevada”.
- Select Foreign LLC Registration
Once you click on the aforesaid link, the page will display numerous business structure options available for foreign Business entities. Select “Foreign Limited Liability Company Registration” from the given list of options and then click on the “Next” tab.
- Business Registration Overview
The ‘Business Registration Overview’ page opens up. Under the heading ‘Steps to License a Nevada Business’, click on the “Start” tab.
- Create your account
On the next page, the Login box will appear. If you have already created an account on the Nevada State portal, proceed to Sign in by filling in your email and password credentials. If you do not have an account, select the option of “Register”.
- Register your account
On the next page, proceed to fill in the required details to register your online account with the Secretary of State of Nevada Office. Provide your contact details such as email, name, contact number, and password. In the next section, also provide your street address and further answer two security questions for account recovery. Agree to the Terms and conditions and complete the CAPTCHA challenge. Finally, click on the “Submit” option.
- Proceed to Online Filing
You have created an account on the online portal of the State. You can start to apply just by filling in all the information the page is asking and press the proceed button.
- Review and Proceed to Payment
Once you are done with the steps mentioned on the website and proceed, you will get to the review page. You can check the information you have filled in properly, and then proceed to the payment page.
Once you are done, you will receive a notification confirming your application for Nevada Foreign LLC filed with the Secretary of State office.
Steps to Register for your Foreign LLC via Mail
- Download the Application Form PDF from the Official Secretary of State website.
- Read the instructions carefully and fill out the form with the required details. It can be filled out online and then printed or printed and then filled out in black ink and mailed to the Nevada State Authorities.
- Make the payment in the name of “Nevada Secretary of State”. If you require an expedited service, additional fees should be added to the filing fees.
- After you complete the application form, mail your application to the following address: Secretary of State 202 North Carson Street Carson City, Nevada 89701-4201
After Forming Nevada Foreign LLC
Here are added things you need to accomplish after forming your Nevada Foreign LLC
- Obtain Business Licenses. Find the business licenses you’ll need using the Business License Search.
- File LLC annual reports and Business Privilege Tax.
- Pay State Taxes like sales tax; you’ll need an EIN for your LLC.
It is convenient plus easy to file for the foreign LLC if you are doing it online. The steps are very easy and that’s why it’s possible to go along with the steps and form the foreign LLC in Nevada.
How Much Does It Cost to Register a Foreign LLC in Nevada
To register as a foreign LLC in Nevada, you can file through mail or online by paying a filing fee of $75 to the Nevada Secretary of State.
If you’re looking to register a foreign LLC in Nevada, you’re probably wondering how much it costs to do so. The good news is that it’s not difficult to register your foreign LLC, but there are a few things to keep in mind. In order to form your LLC, you’ll need to fill out an application and pay a registration fee. Fortunately, filing your application is a straightforward process. You can fill out the forms online or by mail. However, if you’re not sure about any of the forms, you’ll want to talk to an attorney to help you.
When you’re registering a foreign LLC in Nevada, you’ll also need to file a statement of information with the Secretary of State. This report is due every year. Depending on whether you’re a foreign stock corporation or a foreign limited liability company, you’ll have to pay a different annual fee.
To begin with, you’ll need to file Articles of Organization, appoint a registered agent, and list the names of your managers. Your foreign LLC will be considered “in default” if any of these steps is not completed within 60 days. Defaulted LLCs can’t conduct business transactions.
A registered agent can be the LLC’s owner or any other person. Regardless of who the registered agent is, he or she must have a physical address. That address must be open during normal business hours. It must be in a street location where certified business mail can be accepted.
Alternatively, you can use a service to do all of these tasks for you. Many companies offer these services, such as MyCorporation. The cost to register a foreign LLC in Nevada is $425. Of that, you’ll need to pay a $75 filing fee and a $150 fee for your initial list of managers or members. For your renewal, you’ll need to pay $200. There’s also a late fee of $100 if you don’t renew by the deadline.
You’ll need to submit an initial list of managers or members and a statement of information if you’re doing business in Nevada. These reports can be filed with the Secretary of State or online. You’ll also have to file an annual list of members and managers if you’re doing business in the state. Whether you file by mail or online, it can take up to three weeks to complete.
While you’re preparing to register a foreign LLC in Nevada, don’t forget about the Business Privilege Tax. You’ll have to pay a $200 tax every year. This tax is required for all foreign entities that do business in the state. Additionally, you’ll need to register for unemployment insurance and sales taxes on retail goods.
While you’re preparing to form a foreign LLC in Nevada, it’s important to remember that there are many different licenses and tax requirements. Make sure to research the necessary documents and licenses you’ll need before you begin. Some states have industry-specific licensing requirements that may be more complicated than others.
If your LLC is formed under the laws of another state, it is referred to as a foreign LLC in Nevada.
Businesses incorporated outside of the state where they operate must have “foreign qualifications” issued in the other states.
A domestic LLC is a company registered in Nevada as an LLC. The entity type that has a physical presence in another state is a foreign LLC.
Starting a foreign LLC in Nevada does not require a lot of documentation or tasks. However, it is always good to seek help from a professional when it comes to running your business. Get a professional registered agent and form your foreign LLC anywhere without a hassle.