Nevada is known as the Silver State, it has the 7th largest area among US states and it represents a significant touristic destination, visitors being attracted mostly by the vivid Las Vegas, the home of gambling activities. There are numerous foreign investors who have successful businesses in this field, but for a better understanding of how companies are registered in Nevada, we invite you to explore the general guide to company incorporation in Nevada. Likewise, you can ask for support from our team of company formation specialists in Nevada.

Forming an LLC in Nevada

Foreign investors in USA usually focus on easy incorporation and fast operations on the market. If you want to open a company in USA and especially in Nevada, a limited liability company may be the proper business form for your future activities. The registration of such company starts at the Secretary of the State of Nevada, particularly the Business Division, where the Articles of Association are submitted. These documents must contain complete information about the owners of the business, the board of directors, the activities, the official address of the company, and the name of the registered agent. This person is officially in charge of the company’s documents and can act on behalf of the company. It is good to know that a company in Nevada may be represented by another enterprise, or even better, our team of consultants in USA can offer support in this sense.

Apply for the EIN of the company in Nevada

From a taxation point of view, each company must respect the conditions imposed regarding the Employer Identification Number (EIN) or the federal tax as it is known. The Internal Service Revenue (IRS) issues the tax IDs for companies in Nevada through local offices. The EIN is also necessary when opening a business bank account in this state.

The sales tax in Nevada

The sales tax in Nevada is generally set at 8.25% and 4.6% especially for the city of Las Vegas. Foreign entrepreneurs may benefit from tax exemptions when starting a business in USA, particularly in Nevada because there is no state income tax and no inheritance tax. Local tax offices may impose different city taxes one should consider.

Special licenses and permits in Nevada

From the beginning, we mention that only five states in USA impose a business license at the time of company incorporation, Nevada being one of them. There are three types of licenses, such as:

• city-based;
• county-based;
• industry-based.

Please bear in mind that our company formation agents in USA can guide foreigners in obtaining the needed business license for their operations.

Accounting firm for companies in Nevada

If you want to register a company in USA, including in Nevada, it is best to hire an accounting firm and keep track of the financial operations of the company. Bookkeeping, payroll, audits and financial annual statements are among accounting matters linked to any company in Nevada, regardless of the business field.

Virtual office services for your company in Nevada

Foreign investors who do not want to establish a traditional office for their activities in Nevada can benefit from virtual office services which are subject to low expenses. A notable business address with a registered office, mail collection and forwarding, incoming and outgoing faxes, a dedicated business number, and voice mail on request are only a few of the virtual office services a foreigner can have in Nevada. Please bear in mind that our team of consultants can offer in-depth information related to this, taking into consideration the necessities of your firm.

Economy overview in Nevada

The entertainment and the gambling sectors are Nevada’s main sources of revenues, due to a high number of tourists registered each year in this state. Besides these, the economy in Nevada relies on mining (especially gold and silver), food processing, machinery and equipment, printing and publishing, agriculture and farming. Carson City is the capital of Nevada and cities like Las Vegas (the most prolific one), Reno, Sparks, Henderson, North Las Vegas or Boulder City are only a few of the top destinations for business in this state.

Incorporating a company in Nevada can be appealing to many foreign investors because there is no corporate income tax at the state level. However, the federal income tax should be in the attention of business persons looking to start a business in USA, particularly in Nevada. In order to understand better the requirements for opening a company in Nevada, it is recommended to talk to one of our company formation representatives in USA.

What companies need to pay the corporate income tax in Nevada?

Most of the businesses in Nevada are levied with the federal income tax based on a bracket system as follows in the table below:

Income Tax
Between $0 and $50,000: 15%
Between $50,000 and $75,000: $7,500 + 25% Of the amount over 50,000
Between $75,000 and $100,000: $13,750 + 34% Of the amount over 75,000
Between $100,000 and $335,000: $22,250 + 39% Of the amount over 100,000
Between $335,000 and $10,000,000: $113,900 + 34% Of the amount over 335,000
Between $10,000,000 and $15,000,000: $3,400,000 + 35% Of the amount over 10,000,000
Between $15,000,000 and $18,333,333: $5,150,000 + 38% Of the amount over $15,000,000
More than $18,333,333: $6,416,667 + 35% of the amount over $18,333,333

What is MBT in Nevada?

The Modified Business Tax (MBT) is applicable to companies that hire staff for which the gross salary is reported to Nevada Employment Security Division or ESD as it is known. The MBT rate is set at 1.475% and calculated for a given calendar quarter if the taxable wages registered in this period are above $50,000. Foreigners looking to set up a limited liability company in USA, including Nevada, can talk to our team of specialists.

The commerce tax in Nevada

The commerce tax is applicable to companies that register annual gross revenues of more than $4 million, and the rate varies between 0.051% to 0.331%. For additional information about the taxes you need to pay in Nevada if you have a business, please feel to get in touch with our company incorporation representatives in USA. Also, you can read the general guide to company formation in Nevada and find out details about the ways in which you can register a business in this state.