File Your Limited Liability Company LLC Online Yourself
This tutorial will take you step by step through filing your limited liability company (LLC) online yourself. If you have any problems or questions, please call us at 775.782.6587, and we will help you.
Is the Name of my new LLC available?
The Nevada Secretary of State does not provide a name availability service. However, you can go to the Secretary of State’s website Business Entities Search page and type in the name you want for your new LLC. If it is not taken and does not sound similar to an existing business, you can probably have it for your new corporation.
If you want the Nevada Secretary of State to formally reserve an LLC name for you, you can:
Request that a name be reserved by submitting a completed Name Reservation Form, along with the filing fee of $25.00. You may expedite your name reservation by including an additional $25.00. Be sure to request “expedited service” in your cover letter.
You may also reserve a name on the Secretary of State’s Website by clicking on “Name Reservations.”
If you reserve an LLC name, you will need to include the name reservation job number and the document number referenced on the document(s) you received from the Secretary of State’s office in response to your name reservation request.
Certain words, if used as part of the name or purpose, require advanced approval by one of the state’s regulatory agencies: the Financial Institutions Division, the Insurance Division, the State Board of Professional Engineers and Land Surveyors, or the State Board of Accountancy or Real Estate Division. Check out Nevada’s Regulatory Word List.
If you submit a name in a foreign language, you need to provide an English translation of the name.
How would you like to end your LLC’s name?
You must put an ending on the name of your limited liability company. Options include LC, LLC, Limited, Limited Co, Limited Company, Limited Liability Co, Limited Liability Company, Limited-Liability Co, Limited-Liability Company, or LTD.
Do I want a Regular, Series, or Restricted LLC?
Most people will choose to form a regular LLC. If you think that a series LLC or a restricted LLC might be a good choice for you, please check with your CPA or tax advisor first.
What is my LLC’s Dissolution Date?
When LLCs were first created, one of the biggest things that set them apart from corporations was that they did not have perpetual existence. However, Nevada has changed that. You may choose perpetual existence or specify the number of years. The most common is 30 years.
Who is going to be your Registered Agent in Nevada?
All Nevada business entities are required to maintain a registered agent with a valid street address in Nevada for service of process. At Nevada Discount Registered Agent, Inc., we take our responsibility very seriously, and we go the extra mile to serve our clients. Our registered agent fee is $95.00 a year. We will e-mail you a completed Acceptance Form (PDF) that you will upload when you file your articles online. Click here to get your Acceptance Form. If you have any questions, please give us a call at 775.782.6587 or visit our CONTACT page.
Who is going to be your Member/Managing Member?
In an LLC, a member is an owner like the shareholder in a corporation. A manager is a person, usually an employee, who has the power to make decisions on behalf of the LLC. In most cases, this is going to be you. If it is not, have the manager’s name and address available.
Who is going to form your new LLC?
Again, in most cases, this is going to be you. However, another business entity can be the organizer. Decide who this will be and have their address available.
Which tax form do you want to use with the IRS?
This is a question you need to ask your CPA or tax advisor. Inform your CPA of how you want to be classified with the IRS. You have the choice to be taxed as an individual (1040) if you have only 1 Member or Corporate Status (8832), or you can be taxed as “S” Corporation Status (2553) if you have more than one member.
Before filing, you need to create an account with the Nevada Secretary of State.
Go to Nevada’s One-Stop Shop for Business Registration and complete the simple questions. When you are finished, the SOS sends an email link to the email address you provide. Click on the link to activate the account and then you can log in.
Ok, let’s check what we have done so far.
- You have answered all these questions and are ready to enter your information online.
- You have received the Acceptance Form (PDF) provided by your new registered agent.
- You have a Nevada Secretary of State online account set up.
You are now ready to file for your new Limited Liability Company.
- Go to Start a Business
- Click on “Limited Liability Company” and then click “Next.”
- Enter your email and password and click “Sign In”
Start Entering Your Information.
- LLC Name
- LLC Ending
- If you want a regular LLC, do not check “Series or Restricted.”
- English translation of LLC name
- The latest date upon which the company is dissolved or leave blank if it is to be perpetual.
- Regulatory Approval – Skip this unless you have a special Nevada license
- Attach Form
Next
- Select Nevada Discount Registered Agent as your registered agent.
- Search and find your registered agent and click “Select.”
Next
- Check “I Am Not the Registered Agent Stated Above.”
- Browse to find the Registered Agent Acceptance file (PDF) on your computer and click “Attach Form.”
Next
- Choose how your company will be managed – by managers or by members
- Enter the name(s) and address(es) of the manager(s) or member(s).
- Click “Add Management.”
Next
- Add whoever is to be your organizer and his/her address.
- Click “Add Organizer.”
- Declaration of Terms and Conditions
- Click “Accept.”
Next
- Upload supporting documents (You probably will not have any. Do Not upload your operating agreement.)
- If you do have something, click “Attach Form.”
Next
- Review all the information you entered, and iff it is all correct, click “Add to Cart.”
- Next, proceed to checkout.
- Charge to a Credit/Debit Card.
Initial List of Managers or Members
Your initial list of managers or members has to be filed with the Nevada Secretary of State when you file your articles today. In order to open a bank account, the bank will require that you bring in your file-stamped initial list. So, let’s take care of that now.
The Nevada filing fee for the initial list is $150.00. This is also the fee that you will pay to Nevada every year when you file your Annual List of Managers or Members.
Along with your Initial List, the State of Nevada will require you to obtain the Nevada State Business License.
This costs $200.00 per year unless you are exempt. Nevada exempts the following businesses:
Nevada nonprofit corporations formed under NRS Chapter 82 and Corporations Sole formed under NRS Chapter 84. These are specific exceptions and are not required to obtain a State Business License. In addition, specific statutory provisions exempt certain businesses from the requirements of the State Business License. These businesses must still initially submit the form, WITHOUT FEE, stating the specific exemption. The statutory exemptions are as follows:
A nonprofit religious, charitable, a fraternal, or other organization that qualifies as a tax-exempt organization pursuant to 26 U.S.C. § 501(c).
A business that has an active motion picture project in the State of Nevada: As used in this paragraph, “motion pictures” has the meaning ascribed to it in NRS 231.020.
An insurance company licensed pursuant to NRS 680B.020 not conducting business not incidental to Title 57.
To file your Initial List of Managers or Members
- Go to the bottom of the page and click “Continue” to get to the login page.
- Enter your email and password and click “Login.”
- Choose “Initial / Annual List Filings.”
- Click “Entity Search” and enter your LLC’s name.
- Select your LLC from the list.
- Click “File Initial List of Managers and Business License.”
You will be asked to enter your manager’s and/or member’s name(s) and address(es). These can all be the same person and is a better option if possible.
Complete the information requested.
Next, let’s get your Employer Identification Number from the IRS.
Go To the IRS EIN Assistant
Choose LLC and proceed. The questions are straightforward and easy to answer. Just follow the instructions.
Next, you need to order your Corporate Book.
Every LLC needs a corporate book. It can be formal or informal. Even though you can use a binder from Wal-Mart and make a book up yourself, I suggest you buy one from Corpkit Legal Supplies because they are much more professional.
Either go to the Corpkit Legal Supplies website or call them at 888.888.9120. I like the Corporate Kit Standard for $70.00, but check out their website and order the one that you like best. They come with a seal, certificates, transfer ledger, dividers, and minute paper. You can order their kits with printed minutes and operating agreements, or you can download the ones on this site depending on what works best for you.
And finally, it is time to open your LLC Bank Account.
You will need to show the bank your:
- Filed Articles of Organization
- Filed Initial List
- Letter from the IRS confirming your new EIN number
Your bank may ask for additional items. Give them a call and ask what other items you need to bring with you.
We hope this tutorial has been beneficial to you. We would appreciate any comments, suggestions, successes, corrections, or broken links that you have to offer.
We wish you the best in your new business venture. Please visit our About page to know more about our company.