LLC, Business License, Incorporation
Nevada remains one of our most popular states for incorporation and LLC formation. With only the 35th largest population in the United States, Nevada has a thriving business community. Some of the largest U.S. companies, including Harrah's Entertainment, MGM Mirage, and Las Vegas Sands, maintain their headquarters in Nevada. This state also services many small businesses, particularly in major industries like tourism, mining, and manufacturing.
Before you can legally open your business in Nevada, you will need a Nevada state business license. Whereas most licenses are county, city, or industry-based, Nevada is one of the few U.S. states that require a state-issued business license to incorporate, on top of any local or municipal business licenses that may be required.
Obtaining a business license in Nevada also requires an understanding of the state?s tax registration requirements and any necessary permits. The type of license, permit ? if any ? and tax registration will depend on the type of business you plan to operate. The Company Corporation can research this information for you. Our experts stay current on regulatory changes that may affect your business.
Nevada Business License Application Fee
In order to obtain a business license in Nevada, the state requires $200 at the time of application. The license must be renewed each year with an annual fee. Failure to submit this annual fee by the required due date will result in a $100 penalty on top of the past-due annual fee.
The Location of Your Business
The location of your business in the state of Nevada may dictate different licensing needs. For example, you may believe that you need a Las Vegas business license, but many Las Vegas mailing addresses actually fall within the Clark County jurisdiction.
The Company Corporation can aid your research as to which jurisdictions apply to your business before you apply for your Nevada business license.
Businesses in Reno, NV require an inspection in order to obtain a business license. This process will include dealing with the building department, the fire department, and possibly environmental control. The city collects a fee at the time your business license application is processed and an additional fee for the inspection process.
Nevada Business License Exemptions
Certain businesses, such as nonprofits and corporations sole, do not have to acquire a Nevada business license. However, certain other types of businesses may not need to obtain a Nevada state business license, but must still fill out the application (without accompanying fees) with information as to why they may be exempt.
To learn more about these exemptions and if your business is eligible, contact The Company Corporation.
Too busy to research your licensing requirements? We can help.