When it comes to incorporating a business in the United States, Nevada has emerged as one of the most attractive options for entrepreneurs and investors, particularly for non-residents seeking Nevada LLC or corporation formation services. While Delaware is considered the traditional choice for incorporation (learn more about Delaware incorporation here), and Wyoming offers compelling advantages (learn more about Wyoming incorporation here), Nevada presents a unique alternative with its business-friendly environment, exceptional privacy protections, and favorable tax structure.
According to the Tax Foundation’s 2025 State Business Tax Climate Index, Nevada consistently ranks among the top states for business-friendly tax environments. With strong asset protection laws, minimal reporting requirements, and robust privacy protections, Nevada has become an ideal jurisdiction for privacy-conscious entrepreneurs, real estate investors, digital nomads, and small business owners seeking asset protection. The state provides numerous advantages for companies seeking to establish a strong foundation for growth and success in the American market. However, it is essential to consider both the benefits and potential drawbacks before making your final decision.
Pros of Incorporating a Company in Nevada, USA [2025]
Nevada’s business-friendly laws, minimal taxation, and strong privacy protections have attracted many corporations and LLCs in recent years. Explore the advantages of incorporating your business in Nevada below.
✔️ No State Income Taxes: Nevada is one of the few states that does not impose state income taxes on individuals or businesses. This means that corporations and LLCs formed in Nevada do not pay state corporate income tax (though federal corporate taxes still apply), franchise tax, or personal income tax on business income, resulting in significant savings for business owners.
✔️ Strong Asset Protection Laws: Nevada offers exceptional asset protection through “charging order protection.” This legal mechanism prevents creditors from seizing business assets or forcing liquidation when pursuing a business owner’s personal debts—they can only receive distributions if the business makes them. Both LLC members and C-corporation shareholders benefit from this protection, creating a secure barrier between personal liabilities and business assets. This robust system provides significant security for entrepreneurs and investors regardless of business structure.
✔️ Enhanced Privacy Protection: Nevada offers remarkable privacy protections for business owners. Unlike many other states, Nevada does not require disclosing member or manager information in public LLC filings. Similarly, Nevada allows shareholders’ names to remain private in public records for C-corporations, with only directors and officers listed on annual reports. This means that LLC members/managers and corporate shareholders can maintain confidentiality, protecting sensitive personal information from public view.
✔️ Competitive Formation and Maintenance Costs: While Nevada’s initial filing costs ($425 for LLCs and $725+ for corporations) are approximately 75-100% higher than Delaware’s, the tax advantages can offset these expenses. The annual maintenance costs ($350 for LLCs and $650 for corporations) are also higher than Delaware’s typical $300+ for LLCs and $225+ for corporations.
Important to note: A business pays taxes based on where it conducts business operations, not just where it’s incorporated. If your Nevada company has no physical presence, employees, or sales in Nevada, you generally won’t pay Nevada state taxes on that out-of-state revenue. This principle applies in all states—incorporation location and tax liability location are separate considerations. Businesses focusing on privacy and asset protection often find Nevada’s costs justified by these specific benefits rather than just tax advantages.
✔️ Minimal Reporting Requirements: Nevada has straightforward annual reporting requirements, reducing business owners’ administrative burdens. The yearly list filing is straightforward and can be completed online, saving time and resources for business operations.
✔️ Perpetual Existence: Nevada LLCs and corporations can have perpetual existence, meaning they can continue operating indefinitely regardless of ownership changes. This ensures business continuity and stability, which is particularly valuable for long-term business planning.
✔️ No Information Sharing Agreement with IRS: Nevada is one of the few states without an information-sharing agreement with the IRS, which can provide an additional layer of privacy for business operations.
Disadvantages of Incorporating in Nevada, USA [2025]
Although Nevada offers numerous benefits, there are also some disadvantages and considerations to keep in mind:
❌ Physical Distance: The physical distance from major business hubs on the East and West coasts can present challenges for non-residents or businesses primarily operating outside of Nevada. While Las Vegas and Reno offer good connectivity, businesses centered in coastal metropolitan areas may find Nevada’s location less convenient than incorporating in states like Delaware or New York. Though most administrative tasks can be handled remotely, certain situations might require physical presence or local representation in the state.
❌ Banking Challenges for Non-Residents: Non-resident business owners may face challenges when opening a U.S. bank account for their Nevada entity. Due to stringent anti-money laundering regulations, many US banks require in-person visits and substantial documentation from non-resident business owners. However, it’s important to note that you’re not limited to banking in Nevada—you can open a business account in any state, regardless of where your company is registered. Some online banks and fintech solutions offer more flexible options for non-resident business owners.
❌ Recent Fee Increases: Nevada has implemented several fee increases recently, including raising the annual business license fee for corporations to $500 and adding a Commerce Tax on businesses with gross revenue exceeding $4 million annually. This Commerce Tax functions similarly to a corporate income tax but only applies to revenue generated within Nevada when a business exceeds the $4 million threshold. For many businesses, especially those primarily operating outside the state, Nevada effectively remains tax-free.
❌ Limited Established Case Law: Unlike Delaware, which has an extensive business case law and specialized business courts, Nevada has a less developed court precedent for business disputes. This could potentially lead to less predictability in legal outcomes if disputes arise. However, for many small businesses and LLCs, Nevada’s significant tax and privacy benefits often outweigh this disadvantage.
How to register a business in Nevada?
Registering a business in Nevada, particularly for non-residents, involves several steps. Our comprehensive guide walks you through the Nevada business filing process to ensure you complete your Nevada business formation correctly. Below is a detailed outline of the process with current filing requirements for 2025.
1. Choose Your Nevada Business Structure
Determine the type of legal structure you want for your business:
- Corporation (Inc.): Suitable for larger operations or those planning to issue stock
- Limited Liability Company (LLC): Most popular for small businesses due to flexibility and tax benefits
- Series LLC: Allows for multiple “series” of assets under one LLC umbrella
- Close Corporation: For smaller corporations with few shareholders
Nevada is particularly known for its favorable LLC laws, which make it a popular choice for domestic small—and medium-sized businesses.
2. Conduct a Nevada Business Entity Search
Before finalizing your business name:
- Visit the Nevada Secretary of State Business Entity Search via the SilverFlume portal
- Enter your desired business name
- Verify availability to ensure compliance with Nevada naming rules
- Reserve your name for up to 90 days if needed (fee applies)
💡 Pro Tip: Nevada business names must include “Corporation,” “LLC,” “L.L.C.,” “Limited Liability Company,” “Inc.,” or similar designators depending on your US entity type.
3. Appoint a Nevada Registered Agent
Select a registered agent who will:
- Serve as your business’s official point of contact in Nevada
- Receive legal and official documents on behalf of your company
- Maintain a physical street address (not a P.O. box) in Nevada
- Be available during regular business hours
Hiring a professional Nevada registered agent service is typically the most efficient option, with costs ranging from approximately $125 to $300 annually. While being your registered agent is technically free, you must physically reside in Nevada or have a physical office in the state, maintain constant availability during business hours, and accept that your address becomes a public record. For non-residents, a professional registered agent service is convenient and necessary to meet the state’s legal requirements.
4. Prepare and File Nevada Formation Documents
Submit the appropriate formation documents to the Nevada Secretary of State:
For a Corporation:
- File Articles of Incorporation ($75 minimum filing fee for corporations valued under $75,000)
- Initial List of Officers and Directors filing fee ($150)
- State Business License fee ($500 for corporations)
- Total initial filing cost: $725 minimum
- Additional fees based on the number of shares and value
- Include required information about directors, registered agent, and share structure
For an LLC:
- File Articles of Organization ($75 filing fee if company value is under $75,000)
- Initial List of Managers or Members filing fee ($150)
- State Business License fee ($200)
- Total initial filing cost: $425
- Processing time: Typically 1-2 weeks for standard processing, with expedited options available
5. Create Essential Governing Documents
Draft internal governing documents for your business:
For an LLC:
- Operating Agreement (not filed with the state but legally necessary)
- Should detail ownership percentages, member responsibilities, and profit distribution
For a Corporation:
- Corporate Bylaws
- Shareholder Agreements
- Initial Board Resolutions
6. Obtain Federal Tax ID (EIN)
Apply for an Employer Identification Number with the IRS:
- Complete Form SS-4 or apply online at IRS.gov
- Non-US residents without an SSN can apply by mail or fax.
- No IRS filing fee required, though third-party filing services ($75-150) are available to ensure accurate completion and prevent delays
- Processing time: Immediate (online) or 4-5 weeks (mail)
- Note: Errors on Form SS-4 can cause significant processing delays of weeks or months, especially for non-US residents
💡 Pro Tip: Professional EIN acquisition services for non-US residents can navigate complex IRS requirements and significantly reduce the risk of delays or rejection.
7. Set Up Business Banking
Establish a business bank account for your Nevada entity:
- You can open an account in any state or with an online bank—it doesn’t need to be in Nevada
- Prevents commingling of personal and business finances
- Strengthens corporate veil protection
- Required documents typically include:
- EIN documentation
- Nevada business filing documents
- Operating Agreement or Bylaws
- Personal identification (passport for non-residents)
8. Comply with Nevada Annual Requirements
Maintain good standing with Nevada by:
- Filing an annual list of officers/members/managers ($150 for LLCs and corporations)
- Paying the annual business license fee ($200 for LLCs, $500 for corporations)
- Total annual maintenance cost: $350 for LLCs, $650 for corporations
- Updating any changes to the registered agent or principal office information
- Maintaining compliance with any industry-specific requirements
📅 Important: Mark your calendar for annual filings—missing them can result in penalties or administrative dissolution. Late fees include $75 for a late annual list and $100 for a late business license renewal, totaling $175 in late fees. You can also use a third-party entity manager to handle compliance requirements and ensure timely filings.
Business Environment in Nevada
According to the Nevada Secretary of State’s office, Nevada has seen steady growth in business registrations in recent years. The state generated approximately $183 million in revenue from new registrations and other business-entity fees in 2023 alone. Below, you can see some of the key statistics regarding business entities in Nevada.
Key Business Statistics:
- Nevada has over 313,000 active small businesses
- The state generates nearly $200 million annually from business registrations and fees
- The Las Vegas metropolitan area hosts the majority of Nevada’s businesses
- Hospitality, gaming, real estate, and technology sectors show the strongest growth
While not hosting as many Fortune 500 companies as Delaware (which claims approximately 68% of Fortune 500 companies as of 2025), Nevada has attracted numerous significant businesses, particularly in the hospitality, gaming, and entertainment industries.
Notable Companies Incorporated in Nevada
Notable International Companies Incorporated in Nevada
Nevada’s favorable business environment has attracted a diverse range of international companies looking to establish a US presence. Some notable foreign companies from our client database that have chosen Nevada include:
Capital Limited – This UK-based global drilling and mining services company has established Capital USA in Elko, Nevada, to provide geochemical analysis and mining operations services, highlighting Nevada’s attractiveness for international support service providers.
Urban Mobility Systems B.V. – This cleantech engineering company from the Netherlands has selected Nevada for its US operations, creating hundreds of jobs manufacturing battery-electric and hybrid fuel cell drive trains, showing Nevada’s appeal for international green technology companies.
Barrick Gold Corporation – This Canadian mining company operates Nevada Gold Mines, a joint venture with Newmont that represents the single largest gold-producing complex in the world. Their significant Nevada presence showcases how the state’s business-friendly environment appeals to international resource companies.
MGM Resorts International – While headquartered in Las Vegas, MGM operates globally with significant operations in China and other international locations. Their Nevada incorporation forms the foundation for their worldwide entertainment and hospitality empire.
These examples illustrate how international enterprises from diverse industries benefit from Nevada’s business-friendly legal structure when expanding into the US market. The state’s combination of privacy protections, tax advantages, and simplified reporting requirements makes it particularly attractive for foreign companies establishing their first American business presence.
Nevada vs. Delaware vs. Wyoming: State Incorporation Comparison
While Nevada, Delaware, and Wyoming all offer compelling reasons for incorporation, each state provides distinct advantages that may better suit different types of businesses. The following comparison helps illustrate the key differences:
Feature | Nevada | Delaware | Wyoming |
State Income Tax | None | 8.7% Corporate Tax | None |
Franchise Tax | None (Commerce Tax applies to revenues over $4M) | $175 depending on the number of shares, up to $200k | None |
Annual Business License | $200 for LLCs, $500 for Corps | Not required (Annual Report only) | Not required |
Annual Report/List Fee | $150 minimum | $300 for LLCs, $50-$250 for Corps | $60 (minimum) |
Privacy Protection | High (no public disclosure of members/shareholders) | Limited | High (no public disclosure of members) |
Asset Protection | Strong charging order protection | Standard | Strong charging order protection |
Court System | Business courts with early case management | Specialized Court of Chancery | Regular state courts |
Filing Speed | 1-3 business days standard | 3-4 weeks standard | 3-5 business days standard |
Initial Filing Cost | $425 for LLC, $725+ for Corp | $110-$239 for LLC; $89+ for C-Corporation | $100-$102 for LLC; $100 minimum for C-Corporation |
Annual Maintenance Cost | $350 for LLC, $650 for Corp | $300+ for LLC, $225+ for Corp | $60 minimum |
Best For | Privacy protection, asset protection, tax benefits | Public corporations, established case law | Small businesses, asset protection, lowest maintenance costs |
For a complete comparison of incorporation options, see our detailed Delaware incorporation guide and Wyoming incorporation guide.
Nevada Business Climate: Key Facts for US Expansion
When considering business expansion and setting up a Nevada LLC or corporation, there are several key state facts that make it an attractive destination for entrepreneurs seeking Nevada business registration.
Geographic & Economic Advantages
👌 Strategic Western Location Located in the western United States, Nevada provides access to major markets in California, Arizona, Utah, and the entire West Coast. Its central western location makes it an ideal base for businesses targeting western states.
👌 Specific Location Benefits
- Las Vegas: World-renowned tourism hub offering access to millions of visitors annually, strong retail and service economies
- Reno: A growing technology center with proximity to California’s Silicon Valley but at lower operating costs
- Henderson: Affluent suburb with strong residential and commercial growth
- Carson City: State capital with access to government contracts and agencies
Financial Advantages
👌 Tax-Friendly Environment Nevada consistently ranks among the most tax-friendly states for businesses according to multiple economic indexes, with:
- No state corporate income tax (federal corporate taxes still apply)
- No state personal income tax
- No franchise tax (Commerce Tax only applies to businesses with revenue over $4 million)
- No inventory tax
- No inheritance tax
- No gift tax
- No tax on corporate shares
👌 Reasonable Business Costs With moderate labor costs, competitive real estate prices, and business-friendly regulations, Nevada offers a cost-effective environment for business operations compared to neighboring California.
Legal & Business Structure Advantages
👌 Superior Asset Protection Framework Nevada offers some of the strongest asset protection laws in the country, including:
- Charging Order Protection: Limits creditors’ rights to economic distributions only
- Strong liability shields for corporate officers and directors
- Privacy protections that shield ownership information
- Limited exceptions to corporate veil protection
👌 Industry-Specific Opportunities Nevada has a diverse economy with particular strengths in:
- Hospitality and tourism ($67+ billion industry)
- Gaming and entertainment
- Technology and data centers
- Mining and natural resources
- Renewable energy (particularly solar)
The state actively encourages business diversification through various economic development initiatives and tax incentives for qualifying businesses.
These state facts contribute to Nevada’s reputation as an excellent location for businesses looking to establish a US presence. It offers a supportive environment, strong legal protections, favorable tax policies, and a business-friendly regulatory framework that fosters growth and stability.
Register Your Nevada Corporation or LLC Today
Don’t let the complexities of Nevada business registration hold you back from accessing one of America’s most business-friendly states. At Foothold America, our Nevada incorporation expertise has helped hundreds of entrepreneurs establish their business presence in the United States.
Our deep understanding of Nevada incorporation laws and regulations means we can guide you through every step of the Nevada business filing process, providing peace of mind and ensuring compliance. Our experienced team takes the time to understand your unique business goals and tailors a Nevada-specific solution that maximizes the state’s benefits for your situation.
When you partner with Foothold America for your Nevada incorporation, you gain access to our comprehensive suite of services, including complete Nevada filing package preparation, registered agent representation, customized operating agreements or bylaws, EIN acquisition assistance specially designed for non-US residents, and ongoing compliance support to keep your entity in good standing.
Choose the incorporation partner trusted by international entrepreneurs and investors looking to leverage Nevada’s exceptional business environment. Contact Foothold America today to begin your journey toward successful Nevada incorporation.
Frequently Asked Questions About Nevada Incorporation
Get answers to all your questions and take the first step towards a US business expansion.
Nevada’s state fees include initial filing costs of $425 for LLCs and $725+ for corporations. Annual maintenance costs are $350 for LLCs ($150 for annual list filing plus $200 business license) and $650 for corporations ($150 for annual list filing plus $500 business license). While these fees are approximately 75-100% higher than Delaware’s, many businesses find them justified by Nevada’s strong asset protection and privacy benefits.
Yes, you’ll need to obtain a federal employer identification number from the federal government for your Nevada corporation or LLC. This is required even if you don’t have employees. Non-US residents without a social security number can apply using Form SS-4 by mail or fax. While the IRS doesn’t charge a fee, professional EIN acquisition services ($75-150) can help navigate complex requirements and prevent delays, especially for non-residents.
A foreign corporation (a company formed outside Nevada) must file for foreign qualification with the Nevada Secretary of State to legally conduct business in the state. This process involves submitting a Certificate of Registration, appointing a registered agent with a Nevada address for service of process, and paying state fees. Foreign corporations must also comply with Nevada’s annual reporting requirements and obtain necessary sales tax permits if selling taxable goods.
A commercial registered agent is a professional service company registered with the state of Nevada that serves multiple businesses, typically charging $125-$300 annually. They provide a physical address, receive legal documents and service of process, and help maintain compliance. A noncommercial registered agent can be an individual or business not registered as a commercial agent. While using yourself as a noncommercial agent is technically free, you must physically reside in Nevada or have an office there, maintain constant availability during business hours, and your address becomes public record.
To obtain S corporation status, first form a C corporation by filing Nevada articles of incorporation with the Secretary of State. Then, file Form 2553 (Election by a Small Business Corporation) with the IRS. This tax election doesn’t change your business structure under Nevada law but affects how you’re taxed at the federal level. S corporation status provides pass-through taxation while maintaining corporate liability protection. Remember that S corporations have restrictions, including limits on the number and types of shareholders.
While Nevada law requires corporations to maintain certain records, including minutes of board of directors meetings and shareholder meetings, it doesn’t specifically mandate using a corporate seal. However, keeping detailed corporate minutes is crucial for maintaining your corporation’s legal status and protecting the liability shield between the corporation’s name and personal assets. Corporate bylaws typically outline record-keeping requirements, and proper documentation helps demonstrate that your corporation operates as a separate legal entity, which is essential for asset protection.
When filing Nevada articles of incorporation, corporations must specify their authorized series of shares. These shares represent ownership in the company and can be structured in different series or classes with varying rights, preferences, and restrictions. Nevada allows corporations to issue multiple series of shares, including common and preferred stock, each with different voting rights, dividend priorities, or conversion privileges. This flexibility in share structure can be advantageous for raising capital and creating complex ownership arrangements. When filing with the Secretary of State, the corporation must disclose the number and par value of authorized shares, which affects the initial filing fees.
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GET IN TOUCH
Contact Us
Complete the form below, and one of our US expansion experts will get back to you shortly to book a meeting with you. During the call, we will discuss your business requirements, walk you through our services in more detail and answer any questions you might have.