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LLC Notices, Resolutions and other Operations Forms Package - Nevada

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The document outlines various notices and resolutions for meetings of members of a Nevada Limited Liability Company. It includes details about the purpose of each meeting, such as amending the Articles of Organization, considering dissolution, increasing membership, appointing or removing managers, and discussing annual disbursements. Each section provides a template for notifying members and recording resolutions adopted during the meetings.

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We have answers to the most popular questions from our customers. If you can't find an answer to your question, please contact us.

What happens if you dont renew your LLC in Nevada?

Penalty: If you dont file your Nevada LLC Annual List State Business License renewal on time, the Secretary of State will charge you a $175 late fee and your LLC will go into Default status.

Do I need to renew my business license every year in Nevada?

For Non-Title 7 businesses (NT7) such as sole proprietors and partnerships, the business license application is required as soon as you begin to conduct business in Nevada and thereafter must be renewed annually.

What are the disadvantages of Nevada LLC?

What Are Some Disadvantages of a Nevada LLC? Higher Formation Fees: Nevada has higher fees for forming an LLC compared to other states. Franchise Tax: While Nevada does not have a state income tax, it does impose a franchise tax on LLCs.

What is required for LLC in Nevada?

Nevada requires LLCs to file an Initial List of Members/Managers and submit an application for a state business license at the time of filing its Articles of Organization. The filing fee is $150 for the Initial List and $200 for the business license registration.

Does a Nevada LLC need an operating agreement?

No. An operating agreement is not required to form a valid LLC in Nevada. An attorney should be consulted to understand the potential implications of operating an LLC without a valid operating agreement. The State Bar of Nevada provides a lawyer referral service, which might be of assistance to you.

What happens if you dont cancel your business license in Nevada?

Failure to send the State Business License cancelation form will result in renewal notices being generated and the business name will remain on file as a defaulted/revoked entity.

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

The cost of dissolving an LLC in Nevada depends on how quickly you want it put to bed. The fee for a standard LLC dissolution is $100. If you want it done quickly, 24-hour processing adds $25 to $125, 2-hour service is $500, and 1-hour service runs $1,000.

How can you lose your business license?

Why would a business license be revoked or suspended? Failure to renew. Lapsed requirement (i.e., a failure to obtain a required surety bond or insurance certificate) Violation of local codes or ordinances. Violation of state law. Business misconduct. Failure to pay fees, taxes, or judgments.

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