| When you form an LLC, or "limited liability corporation," | | | | filed, and Nevada is no exception. In order to form an |
| you establish your business as a legal entity separate | | | | LLC in the state of Nevada, you must document the |
| from yourself. This protects both your personal assets | | | | fact that you are of legal age (18 or older), include the |
| and your personal credit status in the event that some | | | | location of your primary residence, and certify that you |
| liability is incurred, or you encounter financial difficulties | | | | are in fact the director. If there are other directors, the |
| that force the business to close. If you have ever | | | | same information must be filed when you incorporate |
| looked into what is required to incorporate online, you're | | | | a business in Nevada. |
| probably aware that some states are considered | | | | While it is not necessary in order to form an LLC, if |
| "corporate havens." Those who incorporate business | | | | you are planning to incorporate in Nevada as a C-Corp |
| in states such as Delaware or Nevada enjoy certain | | | | or S-Corp and will be selling stock in the company, the |
| protections and advantages not available elsewhere; | | | | Articles of Incorporation must include information on the |
| there are good reasons to form an LLC in Nevada. | | | | type and amount of stock that will be issued. |
| What is required for Nevada incorporation? Every | | | | Resident Agent |
| state has different requirements and procedures. If | | | | Every state requires a corporation to have a "resident |
| you plan to incorporate in Nevada, you'll need to know | | | | agent." This person is someone who actually resides in |
| the ins and outs; it may be advantageous to hire an | | | | the state of Nevada, who is authorized to receive |
| Internet consultant to assist you when you decide to | | | | correspondence from state agencies. |
| incorporate online. Such an agency can be very helpful | | | | Once You're Up and Running |
| in making preparations when forming your Nevada | | | | Incorporating in Nevada is not difficult or expensive as |
| corporation. | | | | long as standard set procedures are followed. |
| Getting Started | | | | Once you form an LLC in Nevada, you'll need to |
| In order to form an LLC or otherwise incorporate in | | | | furnish a list of officers and directors, even if that is |
| Nevada, the first thing you'll need is a unique name for | | | | you alone, as well as that of your resident agent. This |
| your company. If you are using a personal name, you'll | | | | information pertaining to your Nevada corporation will |
| need to add "Inc.", "Co." or "Ltd." in order to make it | | | | need to be updated every year. |
| clear that it is in fact a business and not a natural | | | | In addition, if you are planning to conduct business |
| person. In addition, certain types of businesses must be | | | | inside the state of Nevada and you reside elsewhere, |
| approved by the state before incorporating in Nevada. | | | | you may need to register in your home state as a |
| This pertains specifically to financial services, | | | | "foreign" or out-of-state corporation. It's a bit of trouble, |
| engineering firms and insurance carriers. | | | | but the protections and tax benefits you'll enjoy when |
| Articles of Incorporation | | | | you form an LLC definitely make it worthwhile. |
| Virtually every state requires that such documents be | | | | |