United States

Company Formation in Nevada

State of Nevada — Secretary of State (SilverFlume)

Formation Time

1–2 business days

Min. Capital

No minimum

Corporate Tax

0% state corporate income tax (Commerce Tax applies over $4M revenue)

Foreign Ownership

100%

Overview

Nevada is celebrated alongside Wyoming and Delaware as one of the premier business havens in the United States. Famous for its pro-business legal climate, Nevada levies 0% state corporate income tax, 0% personal income tax, 0% franchise tax, and 0% inventory tax. Businesses are subject to the Nevada Commerce Tax only if their Nevada gross revenue exceeds $4 million per fiscal year. Nevada is renowned for strong corporate veil protection and judicial deference to corporate directors and officers: under Nevada Revised Statutes (NRS Chapter 78), directors are shielded from personal liability for breach of fiduciary duty except in cases of intentional misconduct, fraud, or knowing violation of law. Furthermore, Nevada has no information-sharing agreement with the IRS, does not disclose shareholder names on public records, and provides robust charging order protection for both single-member and multi-member LLCs.

0% state income tax

$4M commerce tax threshold

Top officer protection

No IRS data sharing

Single-member charging order

Why Choose Nevada

0% state corporate income tax, 0% personal income tax, and 0% franchise tax

Nevada Commerce Tax applies only if gross revenue within Nevada exceeds $4,000,000

Strongest statutory director liability protection in the United States (NRS Chapter 78)

No information-sharing agreement with the IRS regarding state corporate records

Charging order protection extends by statute to single-member LLCs

Las Vegas and Reno anchor world-class entertainment, logistics, and data centers (Switch)

Series LLC authorized by statute for multi-property real estate holdings

Fast 24-hour electronic processing via the Nevada SilverFlume portal

Business Entity Types

Entity	Ownership	Directors	Capital	Tax	Best For
LLC	100%	N/A (member or manager managed)	None	Pass-through taxation; 0% state tax; 0% federal for foreign owners with no US income	Asset protection, entertainment, e-commerce, consulting, real estate, holding entities
Corporation	100%	1	None	21% federal CIT; 0% state corporate tax (Commerce Tax applies if > $4M)	Enterprises seeking maximum director and officer liability shields
Series LLC	100%	N/A	None	Pass-through per series	Real estate investment and intellectual property licensing portfolios

Step-by-Step Formation Process

Entity Name Clearance

1 day

Search Nevada Secretary of State business registry.

Articles of Organization & Initial List Filing

1–2 business days

File formation documents, Initial List of Managers ($150), and State Business License ($200 LLC / $500 Corp).

IRS EIN Registration

3–10 business days

Obtain Employer Identification Number from IRS.

FinCEN BOI Filing & Operating Agreement

1–2 days

Submit federal beneficial ownership report and execute governance bylaws/agreement.

Corporate Banking Setup

3–5 days

Open US business checking accounts with major commercial banks or digital platforms.

Costs & Fees

Government / License Fee	USD 425+
Our Service Fee	USD 950 – 2,200
Annual Renewal	USD 350+

Fees are indicative and may vary based on business activity, entity type, and additional approvals required. Contact us for a precise custom quote.

Get Custom Quote

Banking

Nevada entities are widely supported across US commercial banks (Wells Fargo, Chase) and digital business banking platforms (Mercury, Relay).

Account Opening Time

3–7 business days

Multi-Currency

Yes — multiple currencies supported

Recommended Banks

Wells FargoJPMorgan ChaseMercuryRelayBank of America

Tax Overview

Corporate Tax

0% state corporate income tax; 21% federal CIT

Personal Income Tax

0% state personal income tax

VAT / Sales Tax

6.85% state sales tax (up to 8.38% combined in Clark County/Las Vegas)

Capital Gains Tax

0% state capital gains tax

Withholding Tax

30% federal statutory (reduced by treaties)

Double Tax Treaties

68 countries

Nevada levies 0% corporate income tax. The Nevada Commerce Tax applies only to gross revenue sourced within Nevada exceeding $4 million. Annual state fees include the Annual List of Managers ($150) and State Business License renewal ($200 for LLCs, $500 for Corps).

Frequently Asked Questions

Why is Nevada famous for director and officer liability protection?

Under Nevada Revised Statutes Chapter 78, directors and officers are protected by statute from personal monetary liability to the corporation or its shareholders for breaches of fiduciary duty, unless there is proof of intentional misconduct, fraud, or knowing violation of law. This provides the highest statutory protection in America.

What is the Nevada Commerce Tax threshold?

The Nevada Commerce Tax applies only to businesses with Nevada gross revenue exceeding $4,000,000 in a fiscal year. Businesses earning less than $4 million owe $0 in commerce tax and simply file an annual informational report.

What are the mandatory initial filings when forming a Nevada LLC?

Unlike many states where only the Articles of Organization are filed initially, Nevada requires the Articles of Organization, the Initial List of Managers/Officers ($150 fee), and the State Business License ($200 fee for LLCs, $500 for Corps) to be filed simultaneously, totaling $425 in state fees.

Are shareholder names public in Nevada?

No. Nevada does not require shareholder names to be listed on public state records. Only directors and officers (or LLC managers) are included on the Annual List.

Does Nevada share information with the IRS?

Nevada is one of the few states that does not have an active information-sharing agreement with the Internal Revenue Service regarding state business license filings, offering enhanced commercial privacy.

Can foreign non-residents open a bank account for a Nevada company remotely?

Yes. Foreign owners of Nevada entities can open remote FDIC-insured US corporate bank accounts through Incorp International's digital banking network without traveling to Nevada.