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How To Form an LLC in Nevada

How To Form an LLC in Nevada

 

 

1. Choose a Name for Your Nevada Limited Liability Company

 

 

Check for an Available Name for the LLC in Nevada: One of the first steps in getting ready to form an LLC in Nevada is selecting a name for your LLC. You can search online databases and other records and archives before you file to check if the name that you have selected is available. The name cannot be in use by another LLC in Nevada. You can start by searching the database of Nevada business entities that is available online at the official website of the Nevada Secretary of State at Nevada LLC.

 

 

Reserve a Name for Your Nevada LLC: You are not required to reserve a name before you file Articles of Organization in Nevada, but you might want to reserve a name if you cannot file for a long period of time. You can file online the name reservation application form online at Nevada LLC. Your LLC name will be reserved for a period of 90 days.

 

 

Filing for Trademarks Protection and Doing an LLC Name Search: It is possible that the name that you have selected for your LLC is available in Nevada but in use by an LLC in some other state. You may discover that there are restrictions on your use of the LLC name. You should consult an attorney to learn what these restrictions are and how they could affect your company. You can find more information about selecting a name for your LLC at how to choose a name for your llc.

 

 

Nevada LLC Name Requirements: When you select a name for your LLC, remember that in Nevada the name of an LLC must include the designation “LLC,” “L.L.C.,” or “Limited Liability Company.” “LLC” stands for “Limited Liability Company,” not “LLC Corporation, “Limited Liability Corporation,” or anything else that could seem to be related to a corporation. LLCs should not be confused with corporations since they are a distinct type of business entity.

 

 

2. Find a Registered Agent in Nevada

 

Another step you will need to take when you are getting ready to form an LLC in Nevada is selecting a registered agent. A registered agent acts as an agent for service of process. A registered agent receives tax documents and other official documents for an LLC.

 

 

3. File Articles of Organization with the Nevada Secretary of State

 

Minimum Requirements for the Articles of Organization: The Articles of Organization that you file for your Nevada LLC must contain the name of your LLC and the name and address of each of the organizers and members of the LLC as well as the name and address of your registered agent. You can file Articles of Organization online at Nevada LLC.

 

 

Other Nevada Legal Provisions: Along with the minimum requirements listed above, you can also include other clauses in your Articles of Organization if you wish. You should consult a lawyer to learn which additional clauses are most useful to include in your Articles of Organization.

 

 

Where to Submit the Articles of Organization for Filing: You can file your Articles of Organization online at Nevada LLC.

 

 

4. Form a Nevada Limited Liability Company Agreement (Operating Agreement)

 

After you have filed Articles of Organization to form your LLC, you will need to create an LLC Agreement that will govern your LLC and the actions between the members. Each LLC Agreement is different, just as LLCs can be very different from each other when they are formed for different purposes. Consider the purpose of your LLC. Did you form your LLC to manufacture products or did you form your LLC to run an Internet retail business? Consider also factors such as how many owners the company has and whether the owners will invest all of the initial capital or whether you will seek outside investors. Consider how money will be distributed among the members, how the LLC will be managed, and what the financial reporting requirements will be. You should also consider what will happen if you decide to sell the company or if you eventually decide to incorporate. You should consult both a lawyer and an accountant when it is time to create your LLC Agreement so that you can be sure to comply with all state requirements and federal tax laws.

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