Costs Guide · What a Nevada LLC actually costs to form and run, and exactly what our price covers.
What a Nevada LLC Actually Costs
Nevada is not the cheapest state to run an LLC, and the reason is specific: the state stacks a mandatory Initial List and a State Business License on top of the basic formation filing, then makes you renew two of those every year. This page breaks down where the money goes at formation and over time, so there are no surprises. The cost card shows exactly what's charged.
One price: $199.00/yr covers your formation, your registered agent, and your annual list, plus the $425.00 state filing fee, at cost.
State agency: Nevada Secretary of State, Commercial Recordings Division (filed via the ORION Business Portal)
Annual list due: End of your anniversary month · Processing: Same day
✓ No hidden fees ✓ No second-year price hikes ✓ No missed filings
Receipt / Estimate
Nevada LLC Formation
- ✓Formation prepared & filed
- ✓Your registered agent, all year
- ✓Annual list prepared & filed
Renews at $199.00/yr + the state's $350.00 annual list fee, at cost. That covers the $150 Annual List and the $200 State Business License renewal, filed together.
The Three Costs at Formation
When people ask "what does it cost to form a Nevada LLC," they usually picture a single filing fee. Nevada isn't structured that way. Formation involves three separate state charges, submitted together through the ORION Business Portal, which replaced SilverFlume on September 14, 2026.
Articles of Organization: $75
This is the base filing that legally creates the LLC. On its own it's the smallest of the three formation charges, the sticker price most people expect.
Initial List of Managers or Managing Members: $150
Nevada requires you to file a list of who runs the company right at formation, and NRS 86.263 sets that fee at $150. Most states fold this into a later annual report; Nevada charges for it up front, which is a meaningful chunk of the formation total.
State Business License: $200
Nevada requires nearly every entity to hold a State Business License, and the $200 license fee is the largest of the three formation costs. It's not optional for most businesses, so treat it as part of the base cost of forming, not an add-on you can skip.
Add these three together and Nevada's formation total is $425, higher than most states. That's the tradeoff for the state's no-income-tax posture: Nevada makes its revenue on entity fees rather than income tax. Filing in ORION is processed the same day for most filings at no extra cost; paper filers can pay for expedite ($125 for 24 hours on most filings, $500 for 2 hours, $1,000 for 1 hour, per item), and paying a paper filing by card adds a 2.5% processing fee.
What It Costs Every Year
Formation is a one-time cost. Two of the three formation charges then repeat annually, which is where Nevada's ongoing cost really differs from lighter states.
Annual List renewal
Each year you refile the list of managers or managing members (the Annual List) and pay its $150 fee. This keeps the state's record of who runs the company current.
State Business License renewal
The State Business License also renews annually for $200, the larger of the two recurring charges, mirroring the formation license fee. Together that's $350 a year.
When these are due
Both the Annual List and the license renewal are due by the last day of your formation's anniversary month. An LLC formed in April renews by April 30 every year. Miss the deadline and Nevada adds a $75 penalty on the list and a $100 penalty on the license, then revokes the charter about a year later, so the cost of forgetting is real money, not just paperwork.
Budget for both charges every year, not just the smaller list fee.
Costs That Aren't the State's Fee
Beyond the Secretary of State's charges, a realistic budget accounts for several other costs, some optional and some situational.
Registered agent service
You can be your own agent for free if you have a physical Nevada address. A commercial registered agent charges an annual fee in exchange for keeping your address private, being available during normal business hours as the state requires of commercial agents, and forwarding your documents reliably. For out-of-state owners, this isn't really optional. It's the only practical way to have a Nevada agent.
Local business licenses
The State Business License is statewide, but cities and counties (Las Vegas, Reno, Clark County, Washoe County) often require their own local business licenses with their own fees and renewal cycles. Regulated professions add occupational licensing on top.
EIN
An EIN from the IRS is free. Be wary of any service that charges a standalone fee just to obtain one; the IRS issues it at no cost, immediately, online. Mainstay applies for it as part of the yearly price.
Amendments and other filings
Changing your LLC's name, address, or management after formation means filing an amendment, which carries a state fee. Changing your registered agent costs $60. Reserving a name before you file is $25 for 90 days. A certificate of good standing, often needed to open accounts or register in other states, is another small state charge.
Optional professional help
An attorney for a custom operating agreement or an accountant for tax-election advice are optional but often worthwhile, especially for multi-member LLCs or businesses expecting meaningful profit.
How Nevada Compares, and When It's Worth It
It's worth being honest about where Nevada sits. On raw cost, Nevada is expensive to form and maintain compared with lighter-touch states, precisely because of the mandatory Initial List and business license and their annual renewals.
The case for Nevada
If your business actually operates in Nevada, the math works in your favor over time: no state income tax can more than offset higher entity fees, especially as profits grow. The privacy protections and mature entity law are real benefits for Nevada-based owners.
The case against forming here from out of state
If you operate somewhere else and form in Nevada purely for its reputation, you often end up paying twice: Nevada's fees plus foreign-qualification fees in your home state, where you'd still have to register to do business locally. The perceived tax and privacy advantages frequently evaporate once you account for the second state. Run the numbers with an accountant before forming in Nevada to chase benefits you may not actually capture.
Budgeting for the first two years
The most useful way to think about Nevada's cost is over the first two years, not just formation day. Year one is the heaviest: you pay all three formation charges ($425) up front, plus a registered agent if you use one, plus any local licenses. Year two is lighter but not trivial: the $350 Annual List and business license renewal comes due by the end of your anniversary month, and a commercial agent's fee repeats if yours bills it separately. Owners who budget only for the initial filing sometimes get caught off guard by the first renewal, which arrives nearly a year later when the formation cost has faded from memory. Planning for both years up front keeps the anniversary renewal from feeling like a surprise bill.
What Mainstay Filing charges
What we charge is one flat yearly price, disclosed before you pay, and it covers the whole job: your Articles prepared and filed, your EIN applied for, registered agent service for every year the LLC stays with us, and the Annual List and license renewal filed when your anniversary month arrives. We keep displayed prices equal to charged prices, with no bait pricing and no surprise line items at the end. The cost card on this page reflects the current state amounts, which pass through at cost on top of the yearly price; renewal works the same way, the identical yearly price plus whatever the state bills that year, with no separate agent renewal to track.
Frequently asked questions
Why is a Nevada LLC more expensive than other states?
Nevada requires an Initial List of managers and a State Business License at formation, on top of the basic Articles filing, and then makes you renew both the Annual List and the business license every year. Most states charge a single formation fee and a single annual report. Nevada's stacked requirements (the tradeoff for having no state income tax) make it one of the costlier states to form and maintain.
What are the recurring costs of a Nevada LLC?
Every year you renew the Annual List of managers or managing members ($150) and the State Business License ($200), both due by the last day of your formation's anniversary month. Add a commercial registered agent's annual fee if you use one, plus any local business license renewals.
Is the EIN free?
Yes. The IRS issues EINs at no cost, immediately, through its online application. Any service charging a standalone fee purely to obtain an EIN is charging for something the IRS provides for free. It may be bundled into a formation package for convenience, but the EIN itself costs nothing from the IRS.
What happens to my costs if I miss the annual deadline?
Nevada adds a $75 penalty on the Annual List and a $100 penalty on the business license, and if you leave it unresolved, the charter is revoked about a year after the deadline. Reinstating means filing the missed lists, paying each year's fees and penalties, and paying a $300 reinstatement fee, considerably more than just filing on time. Missing the deadline is a real financial cost, not just a paperwork lapse.
Does Mainstay Filing add hidden fees?
No. Our service fee is shown at checkout, separate from and on top of the state's fees, and displayed prices equal charged prices. The cost card on this page reflects current state amounts. You see the full picture (state fees plus our service fee) before you pay anything.
Ready to form your Nevada LLC?
Formation, your registered agent, and your annual list. One price, $199.00/yr, with the state fee passed through at cost.
Form Your Nevada LLC ($199.00/yr All-In)