$425 to form your Nevada LLC

Nevada LLC Cost: $75 Filing + $350/Yr Annual Report (2026)

Forming an LLC in Nevada costs $75 to file Articles of Organization, but $350 every year in combined annual fees (Annual List of Managers/Members $150 + State Business License $200), the highest recurring LLC fee in the United States. Year-one cost (DIY): $425. Five-year cost: $1,825. Nevada markets itself as the “Delaware of the West” with no state income tax, no corporate tax, and strong charging-order protection, but the $350/yr annual cost erodes most of the savings unless the LLC has genuine Nevada nexus or is structured as a holding entity.

Reviewed by LLC Formation Cost Editorial Team, fact-checked against primary government sources • Last updated 2026-05-31 • 5 primary government sources cited

TL;DR

Nevada LLCs file Articles of Organization with the Nevada Secretary of State for $75, plus a $150 Initial List of Managers or Members (due at the same time), plus a $200 State Business License (required of every Nevada business). Total year-one state-level cost: $425. Every year after that, the Annual List ($150) and State Business License renewal ($200) are due on the last day of the LLC’s anniversary month, $350/yr indefinitely. Nevada has no state income tax, no franchise tax, no corporate income tax, and strong asset protection (NRS § 86.401 charging-order exclusivity), but the $350/yr fee makes Nevada one of the most expensive LLC states for long-term maintenance. Compare to Wyoming ($60/yr) and Delaware ($300/yr), Nevada is more expensive than both, and Wyoming offers stronger statutory anonymity. The marketing story Nevada tells, that it is the “Delaware of the West” with judicial expertise in business disputes, is partially true (the Eighth Judicial District Court in Clark County has handled significant business litigation, and Nevada case law on charging orders is well-developed), but the marketing usually omits the $350/yr cost stack. For high-revenue Nevada-operating businesses, the no-income-tax math beats the fee. For everyone else (passive holding LLCs, non-resident formations, low-revenue operators), Wyoming captures most of the legal benefits at $60/yr instead of $350/yr.

Nevada LLC cost breakdown (2026)

Line item	Cost	Source
Articles of Organization	$75	nvsos.gov
Initial List of Managers or Members	$150	nvsos.gov
State Business License (year 1)	$200	nvsos.gov
Annual List of Managers/Members	$150/yr	nvsos.gov
State Business License Renewal	$200/yr	nvsos.gov
Registered Agent service	$50-$200/yr	nvsos.gov
Expedite filing (24-hour)	$125	nvsos.gov
Expedite filing (2-hour)	$500	nvsos.gov
Year 1 total (DIY, no RA service)	$425
Year 1 with commercial RA service	$475-$625
Year 2+ ongoing (DIY)	$350
5-year total (DIY)	$1,825

All figures verified 2026-05-31 from the Nevada Secretary of State.

What makes Nevada expensive: the $350/yr fee stack

Nevada’s filing fee is reasonable ($75), but the recurring fee structure is the highest in the United States and the structure is unique:

• Annual List of Managers or Members ($150/yr). Every Nevada LLC must file the Annual List naming all managers (in manager-managed LLCs) or all members (in member-managed LLCs). Due on the last day of the LLC’s anniversary month. NRS § 86.263.
• State Business License ($200/yr). Required of every Nevada business entity, including LLCs that operate entirely passively. Due at the same time as the Annual List. NRS § 76.100.
• Combined $350/yr is the highest LLC annual cost in the US. California’s $800 minimum franchise tax is higher, but California’s tax is owed only when the LLC has California nexus; Nevada’s $350 is owed by every Nevada-formed LLC regardless of where it operates.
• No state income tax, no franchise tax. These are the two structural advantages Nevada markets heavily. For high-revenue LLCs with genuine Nevada nexus (Las Vegas hospitality, gaming, e-commerce fulfillment), the no-income-tax math beats the $350/yr fee. For low-revenue or out-of-state LLCs, it does not.

The strategic math: Nevada is worth the $350/yr only if (a) the LLC operates in Nevada and the no-income-tax savings exceed $350/yr, or (b) the LLC is a holding entity using NRS § 86.401 charging-order exclusivity for asset protection. For most non-resident LLCs, Wyoming ($60/yr, same charging-order protection, stronger anonymity) is the better choice.

Filing steps (DIY, no service)

1. Pick a name. Search availability at the Nevada Business Entity Search. Names must include “Limited Liability Company,” “Limited Company,” “LLC,” “LC,” “L.L.C.,” or “L.C.” under NRS § 86.171.
2. Designate a registered agent. Required by NRS § 77.310. Must have a Nevada street address.
3. File Articles of Organization. $75 online via the SilverFlume Business Portal, or by mail to Nevada Secretary of State, 202 N. Carson Street, Carson City, NV 89701.
4. File Initial List of Managers or Members. $150. Filed concurrently with Articles or within 60 days of formation. Lists all managers (manager-managed) or all members (member-managed).
5. Apply for State Business License. $200. Required of every Nevada LLC. File through SilverFlume.
6. Get a federal EIN. Free at irs.gov.
7. Draft an operating agreement. Not statutorily required to be filed with Nevada, but explicitly recognized under NRS § 86.286. Strongly recommended.
8. Register for sales/use tax. Free permit via the Nevada Department of Taxation if selling tangible goods in Nevada. Employer registration if hiring W-2 employees.
9. Open a business bank account. Nevada banks (Bank of Nevada, Nevada State Bank, City National) accept Articles + EIN + operating agreement + Initial List.
10. File FinCEN BOI report. Required under the Corporate Transparency Act within 30 days of formation. Free at fincen.gov/boi.

Standard online filings are processed within 1-2 business days. Expedite: $125 for 24-hour, $500 for 2-hour, $1,000 for 1-hour.

Page-unique facts

• Nevada has the highest LLC annual fee in the United States at $350/yr. Combining the $150 Annual List and $200 State Business License. The next-highest are Massachusetts ($500/yr but includes the filing fee structure), California ($800/yr minimum franchise tax with nexus), and Delaware ($300/yr).
• Both the Annual List and State Business License are mandatory regardless of revenue. Even a $0-revenue Nevada LLC owes $350/yr. There is no minimum-activity exemption.
• Charging-order exclusivity under NRS § 86.401. Nevada is one of three states (with Wyoming and Delaware) where the charging order is the exclusive statutory remedy a creditor can use against an LLC member’s interest. This is what drives Nevada’s asset-protection reputation.
• No state income tax, no franchise tax, no corporate income tax. This is Nevada’s structural advantage. For high-revenue Nevada-operating LLCs, the no-income-tax math beats the $350/yr.
• State Business License is separate from local business licenses. Clark County (Las Vegas) and Washoe County (Reno) charge additional county/city business licenses on top of the $200 state license, typically $50-$200/yr depending on industry.
• Series LLCs are authorized in Nevada under NRS § 86.296. One filing covers multiple internal series with separate asset and liability segregation. Common for real estate investors.
• Nevada offers strong case law on charging-order enforcement. Nevada courts have a deeper bench of LLC-litigation precedent than most states except Delaware and Wyoming, which contributes to Nevada’s asset-protection reputation despite the higher annual cost.
• No nominee disclosure requirement on the Annual List. Nevada allows the Annual List to list a single manager (in manager-managed LLCs) without disclosing the beneficial owners, providing member-level practical privacy if structured carefully.

Nevada vs Wyoming vs Delaware: the holding-LLC comparison

For founders specifically using an LLC as an asset-protection or holding entity, Nevada is one of three states usually considered. The economics over 5 years:

• Nevada: $425 year 1, $350/yr ongoing. 5-year total: $425 + ($350 × 4) = $1,825.
• Wyoming: $100 filing, $60/yr. 5-year total: $100 + ($60 × 4) = $340.
• Delaware: $90 filing, $300/yr franchise tax. 5-year total: $90 + ($300 × 4) = $1,290.

Adding a commercial registered agent service ($120/yr market rate) to each:

• Nevada with RA: $1,825 + ($120 × 5) = $2,425.
• Wyoming with RA: $340 + ($120 × 5) = $940.
• Delaware with RA: $1,290 + ($120 × 5) = $1,890.

Wyoming is structurally cheapest. Nevada offers strong charging-order case law and the marketing prestige of a Nevada LLC, but pays for it. Delaware sits in the middle and is appropriate primarily for VC-track companies (where the Court of Chancery’s commercial-dispute jurisdiction matters) or for entities that will eventually become C-corps. For pure asset-protection holding LLCs, Wyoming wins on cost and matches or exceeds on legal protection. The decision matrix: pick Nevada only if you have specific Nevada nexus (operating presence, Nevada-resident members) or if your asset-protection structure specifically benefits from Nevada case law on charging-order disputes.

FAQ

Why is Nevada’s annual LLC fee $350?

Because Nevada combines two separate annual filings: the $150 Annual List of Managers or Members (NRS § 86.263), required of every LLC, plus the $200 State Business License (NRS § 76.100), required of every Nevada business entity. Both are due on the last day of the LLC’s anniversary month, $350/yr total. Source: nvsos.gov fees, verified 2026-05-31.

Is Nevada worth $350/yr versus Wyoming at $60/yr?

For non-resident LLCs without Nevada nexus, no. Wyoming offers the same charging-order exclusivity (Wyo. Stat. § 17-29-503), stronger statutory anonymity (no member-list filing requirement), no state income tax, and $60/yr ongoing. Nevada makes sense if (a) the LLC operates in Nevada and Nevada’s no-income-tax math saves more than $290/yr versus the home state, or (b) the LLC is a high-value asset-protection entity where Nevada’s case-law track record matters. For most LLCs, Wyoming is the better choice. Source: Wyoming SOS Comparison and Nevada SOS Fees.

Does Nevada have a state income tax?

No. Nevada has no state personal income tax, no corporate income tax, and no franchise tax. Pass-through LLC profits flow only to the federal return. This is Nevada’s marketing pitch and the reason high-revenue Nevada-operating businesses justify the $350/yr fee. Source: tax.nv.gov.

Can I form an anonymous LLC in Nevada?

Partially. Nevada requires the Annual List of Managers or Members, which becomes public record. Manager-managed LLCs list only managers (can be a single nominee), allowing member-level anonymity. Member-managed LLCs must list all members, which destroys anonymity. The standard Nevada-anonymity pattern is to form manager-managed with a nominee manager and a separate trust or holding entity as the sole member. Wyoming achieves member anonymity without the nominee structure, which is why Wyoming is usually preferred for pure anonymity. Source: NRS § 86.263.

How long does Nevada LLC formation take?

Standard online filings via SilverFlume are processed within 1-2 business days. Expedite tiers: $125 for 24-hour, $500 for 2-hour, $1,000 for 1-hour. Most founders use standard online and complete formation within 48 hours including the Initial List and State Business License. Source: Nevada SilverFlume Business Portal.

What is Nevada’s charging order exclusivity?

NRS § 86.401 makes the charging order the exclusive statutory remedy a creditor can use against a Nevada LLC member’s interest. A creditor can intercept distributions to that member but cannot foreclose on the membership interest, force a sale of LLC assets, or compel dissolution. Nevada extends this exclusivity to both single-member and multi-member LLCs, putting it in the same tier as Wyoming and Delaware. This is the legal basis for Nevada’s asset-protection reputation among high-net-worth investors and trial-lawyer-targeted professions (physicians, real estate developers). Source: Nevada Revised Statutes Chapter 86.

Local business licenses on top of the state stack

Nevada’s $200/yr State Business License is the floor, not the ceiling, for licensing cost in Nevada. Cities and counties layer additional business licenses:

• Clark County (Las Vegas) Business License: $25-$200/yr depending on industry. Required for any business operating in unincorporated Clark County.
• City of Las Vegas Business License: $30-$500/yr depending on industry, separate from the county license.
• City of Henderson Business License: $25-$200/yr.
• Washoe County (Reno) Business License: $25-$150/yr.
• City of Reno Business License: $30-$300/yr depending on industry.

For an LLC operating in Las Vegas, the realistic year-one licensing stack is $200 (state) + $100-$200 (Clark County) + $100-$300 (City of Las Vegas) = $400-$700 in licensing alone, on top of the $425 Nevada SOS formation cost. Total realistic year-one cost in Las Vegas: $825-$1,125. This is rarely disclosed in Nevada-formation marketing material.

State quirk: the State Business License nobody expects

Nevada is one of the only states that requires every business entity to obtain and renew an annual State Business License through the Secretary of State, separate from any county or city business license. NRS § 76.100 was enacted in 2003 specifically to capture revenue from Nevada-formed entities that did not otherwise interact with the state tax system (because Nevada has no income tax). The $200/yr license is uniform across all entities, $200 whether the LLC has $0 revenue or $50 million in revenue. Combined with the $150 Annual List, this is what produces the $350/yr cost stack. Out-of-state founders forming in Nevada for asset protection are routinely surprised by the State Business License because the marketing material from registered-agent services rarely mentions it. The license cannot be waived even for purely passive holding LLCs.

Common mistake in Nevada

The most common Nevada LLC mistake is forming through a registered-agent service that quotes “$75 to form” without disclosing the mandatory $150 Initial List and $200 State Business License. The real year-one state cost is $425, not $75. The second most common mistake: missing the Annual List + State Business License renewal deadline (last day of the anniversary month). Late filings trigger a $75 penalty on the Annual List and a $100 penalty on the State Business License, $175 in penalties on top of the $350 base. After 90 days of non-compliance, the LLC enters revoked status and cannot legally do business in Nevada until reinstated. The third common mistake: forming in Nevada for “tax advantages” while operating in California, Oregon, or another high-tax state. A non-resident-owned Nevada LLC operating in California still pays California’s $800 minimum franchise tax plus California foreign qualification ($70) plus California source-income tax on apportioned earnings. The Nevada formation adds the $350/yr Nevada cost on top of the California cost stack, total annual maintenance approaches $1,250/yr for a Nevada-formed, California-operating LLC. The Nevada formation provides essentially zero tax savings in this scenario, because the operating state taxes the LLC regardless of state of formation. The fix: form in your operating state unless you have a specific reason to use Nevada (genuine Nevada nexus, asset-protection structure that uses Nevada case law, or a holding LLC that owns assets located outside any high-tax operating jurisdiction).

Sources

1. Nevada Secretary of State Forms and Fees, last verified 2026-05-31
2. Nevada SilverFlume Business Portal, last verified 2026-05-31
3. Nevada Department of Taxation, last verified 2026-05-31
4. Nevada Revised Statutes Chapter 86 (LLC Act), last verified 2026-05-31
5. IRS Publication 3402, Taxation of Limited Liability Companies, last verified 2026-05-31

About the author

Aissam Baidi is the founder and researcher behind llcformationcost.com. He verifies Nevada LLC fees directly from nvsos.gov on a quarterly cycle. Connect on LinkedIn.

---

Not legal advice. Estimates based on publicly available data from each state’s Secretary of State office. Consult a licensed attorney in your jurisdiction.