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SOLE PROPRIETORSHIP Sole Proprietorships are not required to file formation documents with the Secretary of States office. However, a Nevada State Business License or Notice of Exemption is required before conducting business in the state of Nevada.
The initial cost to set up an LLC in Nevada is $425. Then, the annual costs are $350 per year. In most states, you just have to file a single LLC formation document. However, in Nevada, you have to file an Articles of Organization as well as a State Business License and Initial List of Managers or Managing Members.
A business entity in Nevada, whether an LLC, corporation, professional corporation, PLLC, limited partnership, etc., must be renewed annually. This entails filing your annual list and paying the appropriate registration fee and State business license fee.
The Nevada business licence renewal fee is $500 annually for Corporations. The fee is $200 for other types of business entities including a Limited Liability Company.
The Nevada business licence renewal fee is $500 annually for Corporations.
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The State Business License must be renewed annually. For entities that are formed under NRS Title 7, the business license fee is due at the time an Initial List of Officers or Annual List of Officers is due. The State Business License Fee is in addition to the fees for the initial or annual list.
All Nevada LLCs need to pay $150 to file the List of Members/Managers each year, and $200 to renew their State Business License every year.
Questions? Call the Secretary of States Office at (775) 684-5708 or email support@nvsilverflume.gov. This FAQ is posted at SilverFlume Nevadas Business Portal at .nvsilverflume.gov.
How do you change into an LLC or corporation? In Nevada, there is no way to simply change from operating as a sole proprietor to an LLC or corporation. To operate as an entity, you are required to file Articles of Organization or Incorporation with the Secretary of State as if youre starting from scratch.

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