Skip to content

... for small business and startup owners

How to file an annual report in Nevada?

There are a few expressions that don’t need the filing of this report by certain types of organizations yet this is most certainly not the situation with Nevada. You need to record the yearly list in this state however what’s going on with this yearly list and what does it contain?

It is an Annual report and for this situation, an Annual List is an archive that contains information regarding the business as well as its exercises in the earlier year. Yearly reports contain the following data. Keep on reading for all the related information. 

How to file an annual report in Nevada?

Nevada Annual Report 

Let us dive straight into all the details of Nevada. Given below are the most asked questions: 

What is an annual report in Nevada?

One of the necessities of keeping a Limited Liability Company (LLC), Limited Partnership (LP), Limited Liability Partnership (LLP), or Limited Liability Limited Partnership (LLLP) or organization in the province of Nevada is recording an Annual Report which is called an Annual List. The Annual Report is a mix of the Annual List of officials, chiefs, members, or administrators and the renewal of the business license. 

When is the Nevada annual report due?

The Annual Report due date is the last day of the entity’s anniversary month. For instance, assuming your business element was shaped on January first, 2021, the deadline for the primary Annual Report will be January 31st, 2022. Filings can be made 90 days ahead of the due date.

The Secretary of State’s office messages an update ahead of the Annual Report due date. Although an update is sent, it’s vital to make an additional reminder for yourself. 

Nevada annual report for LLC and INC

In the case of a Nevada limited liability company or LLC, the data that should be included with the yearly report is the yearly list of the LLC’s chiefs or its individuals, the information for the Nevada Secretary of State’s office, and the yearly pre-arranged list of managers of the LLC’s or its members. An LLC’s yearly report can be filed via mail or on the web. The state’s yearly documenting charge for an LLC is $350. The guideline governing this filing is NRS 86.263.

In Nevada, the documenting charge a partnership pays relies on the approved shares’ worth. While working out the filing fee for your Articles of Incorporation, you should know the number of shares being approved for your enterprise and the standard worth of each offer.

Filing of Nevada Annual Report

There is certain information that is needed to file Nevada annual reports and when one has to file the report. Also, the penalties if there is a delay in filing the report. Keep on reading to know all of these points. 

What information do I need to file my Nevada annual report?

The next question that arises when filling out the Nevada annual report is what information is required when one has to fill the report. To answer this here’s a complete list of things that you will require and include in the Nevada Annual Report.

  • Name of the Business.
  • Nevada business ID number OR entity ID number. One can get both the numbers by searching the Nevada Business Database.
  • Officers, members/managers, or general partners’ information. Include full names and addresses.
  • Signature and title of the person filing the annual list.
  • Online filings must be paid for using a credit card.
  • Paper submissions can be paid with a credit/debit card, check, or money order. You must also include an ePayment form in case you choose to pay by credit or debit card. 

How to file Nevada annual reports?

Filing your Nevada Annual Report is simple and requires the following steps:

  • Decipher your filing due date and fees.
  • Download a paper form OR propose your report online.
  • File your report with the Nevada Secretary of State and pay all necessary fees.

One has multiple options to fill the Nevada Annual Report. You can file your Nevada Annual Report online, in person, by mail, or by fax. Regardless of how you choose to submit your report, you’ll need to visit the Nevada Secretary of State’s website. Simply go to the state website, and visit the Nevada Business Forms page. In order to file online:

  • Go to SilverFlumeNevada’s Business Portal link at the top of the screen.2.
  • Select “File Annual or Amended List” under the heading “Existing Business”.
  • In case you don’t already have an account, you will need to create one by clicking “Register”.
  • In order to file by paper: On the Nevada Business Forms page, click either “Form” OR “Complete Packet” under the heading “Annual/Amended List Filings”. Both options will consist of an annual list form; however, the complete packet will have more detailed filing instructions.

What is the cost associated with filing an annual report in Nevada?

Nevada’s yearly list carries various expenses given the entity that is documented. LLCs, pay $150 for the list, and $200 for a business license. It’s not as simple for companies, whose filing fee depends on the absolute number of offers they gave in their Articles of Incorporation. Also, they’ll pay either a $200 or $500 expense for a license to operate a business.

To facilitate your processing, the expenses differ on how rapidly you need your yearly rundown documented. Overall, it’s an addition of :

  • $125 for a 24-hour pivot
  • $500 for a 2-hour pivot
  • $1000 for 1-hour pivot

Assuming that you’re filing via mail and would like a verified duplicate, you should pay an extra $30 and a copy charge of $2 per page assuming you’re requesting at least two duplicates. The state acknowledges credit cards, trust accounts, and money orders, and looks at making payable to the Secretary of State.

Consequences of not filing the annual report in Nevada

In the event that the Annual Report isn’t documented on schedule, a $75 late charge punishment is surveyed for the Annual List and $100 for the Business License, additionally, the business entity is being put in Default Status. Being in Default Status implies losing the situation with great standing with the state and may make it hard for the entity to demonstrate its presence while joining with new sellers, loans, and so forth. In the end, the entity will be officially broken down by the Secretary of State.

File your Nevada Annual Report with IncParadise

Now that you know all about filing the Nevada Annual Report. We at IncParadise, are one of the respected registered agents in the state and help you in the filing of Nevada annual reports for business corporations and limited liability companies in the state of Nevada. Contact us to learn more. 

722
Get more helpful tips

Like what you're reading? Get fresh tips to start & grow your company.

Loading