Start a Nevada LLC: A Step-by-Step Walkthrough

Nevada won't accept an LLC name that is confusingly similar to an entity already on file. The Secretary of State compares your proposed name against every registered business in the state, not just other LLCs, so a corporation or a limited partnership with a near-identical name can block yours.

Run your name through the public Business Search in the state's ORION Business Portal, which replaced SilverFlume on September 14, 2026. Try the exact name and a few close variants. Small differences (an added "the," a swapped punctuation mark, a plural) often aren't enough to make a name distinguishable in the state's eyes, so read the results critically rather than assuming a near-match is safe.

Nevada naming rules

• The name must include a designator: "Limited-Liability Company," "Limited Liability Company," "Limited Company," "Limited," "Ltd.," "L.L.C.," "L.C.," "LLC," or "LC" ("Company" may be shortened to "Co.")
• It must be distinguishable on the Secretary of State's records, and NRS 86.171 says distinctive lettering, a mark, a trademark, or a trade name doesn't make it so
• Words such as "bank," "trust," or accounting terms need sign-off from the relevant Nevada regulator, and the Secretary of State keeps a list of other restricted words
• The name cannot imply a purpose the LLC isn't authorized to carry out

Reserving a name

If you've settled on a name but aren't ready to file, you can reserve it online through ORION for 90 days. The fee is $25. Reservation holds the name; it does not create the company. That buys you time to arrange a registered agent or finish your operating agreement without someone else claiming the name first.

You need a registered agent chosen and willing before you file, because the agent's name, Nevada street address, and signed acceptance go directly into the Articles of Organization.

Nevada requires every LLC to maintain a registered agent with a physical Nevada address for as long as the company exists. This is the party that receives lawsuits, subpoenas, and state notices (including the default and revocation warnings you never want to miss) on the company's behalf.

Who can serve

• You or another individual: any individual at least 18 years old with a physical Nevada address can act as a noncommercial agent. A P.O. box can be added for mailing but can't replace the physical address. The address becomes part of the public record.
• An office or position in the LLC: Nevada lets you name a specific office or position within the company, such as Owner or Office Manager, as the agent.
• A commercial registered agent: a company registered with the state to provide agent service. It puts its professional address on the public filing instead of yours, and the state's packet says a commercial agent must be available during normal business hours.

Why the choice matters in Nevada

Nevada filings are public and searchable. If you list your home as the agent address, anyone can look it up. Owners who value privacy (and Nevada attracts a lot of them precisely for privacy reasons) generally use a commercial agent so their residence stays off the record and papers land with someone whose job is to accept them.

This is the step that actually creates the company, and in Nevada it's really three filings submitted together through the ORION Business Portal. Online filing of Articles in ORION is currently allowed for Chapter 86 LLCs, and your old SilverFlume login works there. The portal walks you through all three in one session, so it feels like one step even though the state treats them as distinct obligations. The total state cost is $425.

The Articles of Organization

The Articles are the founding document, and the filing fee is $75. They record:

• Your LLC name with its required designator
• The registered agent's name, Nevada street address, and signed acceptance
• Whether the company is member-managed or manager-managed
• The names and addresses of the managers or managing members
• The organizer who signs the filing

The Initial List

Alongside the Articles, Nevada requires an Initial List of Managers or Managing Members, a roster of who runs the company, for $150. Most states let you defer this to a later annual filing; Nevada wants it up front.

The State Business License

Nevada requires nearly every entity to hold a State Business License, and the $200 license fee is paid when the Initial List is filed. A narrow set of businesses qualify for an exemption, but assume you need the license unless you've confirmed otherwise.

The Secretary of State's Business Hub says most filings made through ORION are processed the same day at no additional cost. Paper filings are handled in the order received unless you pay for expedite ($125 for 24 hours on most filings). Once approved, the entity appears in the state's records and your stamped documents become available for download.

An operating agreement is the LLC's internal rulebook. NRS 86.286 says an LLC "may, but is not required to," adopt one, and it never touches the Secretary of State's records, but you should have one in place before you take on partners, open accounts, or start signing contracts.

What a solid agreement covers

• Ownership: each member's name and membership percentage
• Capital contributions: what each member put in at the start and any obligation to contribute more later
• Profit and loss allocation: how gains and losses are split, which usually but not always tracks ownership
• Distributions: when and how cash gets paid out
• Management: whether the company is member-managed or manager-managed, and what authority the managers hold
• Voting: how decisions are made and which ones require unanimous consent
• Transfer of interest: what happens when a member wants to sell or leave, including any right of first refusal
• Dissolution: the conditions for winding up and how remaining assets are divided

For a single-member LLC, the agreement reinforces that the company is a real separate entity, which matters if anyone ever challenges your liability shield. For a multi-member LLC it's essential. Without it, Nevada's default statutory rules under Chapter 86 fill every gap, and those defaults rarely match what the owners actually agreed to over coffee.

An Employer Identification Number is a nine-digit federal tax ID, issued by the IRS at no charge. Think of it as a Social Security number for the business. You use it on federal tax filings, to open bank accounts, and to hire and pay employees.

When you need one

• Your LLC has more than one member (multi-member LLCs file a partnership return and must have an EIN)
• You plan to hire employees
• You want a business bank account, which nearly every bank ties to an EIN
• You've elected S-corporation or C-corporation tax treatment

A single-member LLC with no employees can technically use the owner's Social Security number, but most advisors get an EIN anyway to keep the owner's SSN off business paperwork and streamline banking.

How to apply

Apply through the IRS EIN Assistant at IRS.gov. The online application takes roughly ten minutes and issues the number immediately, so you can use it the same day. You need a U.S. Social Security number or ITIN to file online; applicants without one submit Form SS-4 by fax or mail instead. If Mainstay forms your Nevada LLC, we apply for the EIN for you once the state approves the filing.

Keeping business and personal money apart isn't housekeeping. It's what keeps your liability shield standing. Pay personal bills from the company account, or route business income through your personal account, and you hand a future opponent the argument that the LLC was never really separate from you.

What banks usually want

• Your filed Articles of Organization
• The IRS EIN confirmation letter
• Your operating agreement (many banks ask for it; have it ready either way)
• Government-issued ID for everyone who will sign on the account

Nevada has a healthy mix of national banks, regional banks, and credit unions, and online business banks have made account opening faster still. Some finish the process without a branch visit. Before you settle on one, weigh what each charges monthly, how many transactions it allows, and what balance it expects you to keep.

Most of the compliance work is front-loaded into formation. After that, Nevada's yearly obligations are a bit heavier than the single-report states, so it's worth knowing them cold.

Annual List and business license renewal

Every year, by the last day of your formation's anniversary month, you file an Annual List of Managers or Managing Members ($150) and renew your State Business License ($200). Both are handled together in ORION. Miss the deadline and Nevada adds a $75 list penalty and a $100 license penalty and marks the entity in default; leave it unresolved for about a year and the state revokes the LLC's charter. Reinstatement then costs $300 on top of every missed fee and penalty.

Registered agent upkeep

If your agent moves, resigns, or you switch providers, file the change with the Secretary of State promptly; the fee is $60. A stale agent address leaves the LLC non-compliant even when the Annual List is paid.

Taxes

Federal treatment depends on your elections: Schedule C for a single-member LLC, Form 1065 for a multi-member LLC, Form 1120-S for an S-corporation election. Nevada charges no state income tax, but check whether your payroll triggers the Modified Business Tax or your gross receipts trigger the Commerce Tax with the Department of Taxation.

Local licensing

Cities and counties such as Las Vegas, Reno, and Clark County require their own local business licenses on top of the state license, and regulated professions require occupational licensing. These are separate from your Secretary of State filings and run on their own renewal schedules.