Step 1) Verify & Secure Brand Name

Choose a Business Name

To secure and register your brand name it must be unique, not too similar to another registered name, and shouldn’t contain any restricted wording. To check, conduct a Business Entity Search through the state, and if there are potential trademark issues conduct another quick search using the TESS System through the U.S. Patent Office.

Keep in mind your brand name should contain words like ‘Corporation,’ ‘Company,’ ‘Incorporated,’ or ‘Limited.” Abbreviations for these words are also acceptable. If needed, you can file a Name Reservation Request form with the Secretary of State for through mail or online through SilverFlume, Nevada’s own business online portal.

Filing Fee: $25

Step 2) Appoint A Registered Agent

Choose a Registered Agent

A registered agent acts on behalf of your business to accept “service of process” and receive official correspondence from the Secretary of State’s office and other legal documents from various government agencies. To qualify for the position, the agent should be an individual resident of Nevada or a business entity registered with the Secretary of State. A physical street address in Nevada should also be provided.

You can hire an outside professional service and pay up to $160/year, or get a qualified agent free of charge when you incorporate with IncFile or CorpNet. They handle this along with so much more.

Step 3) File The Articles Of Incorporation

Register an LLC

With a registered agent, once you’re ready to make your brand official, set up an account with the state to file Articles of Incorporation. It asks for basic information to disclose for the public record including:

  • The name and address of the business,
  • The number of shares authorized, the value they hold, and any transfer restrictions,
  • The addresses and names of the president, initial directors, secretary, and treasurer,
  • The type of business structure chosen, and so on.

Filing fee: $75 minimum

Step 4) Get A Corporate Records Book

File Annual Reports & Publication Requirements

Think of this as the hard copy record book where all critical corporate documents are kept like the Articles of Incorporation, Bylaws, meeting minutes, stock certificate ledger, stock certificates, stock certificate stubs, stock transfer documents, etc. It’s the ultimate company binder! They’re very common and while not necessary having one is highly recommended for all serious business entities.

You can find them at nearby office supply stores or on Amazon, but we’re huge fans of Corporate Kits which include gorgeous records books/binders you can brand for as little as $99.

Step 5) Elect Director, Meet, Discuss Bylaws

Hold a Meeting with Your Board of Directors

Appoint at least 1 Director who among other things will oversee the Nevada corporation until the first shareholder meeting where new directors will be voted in. Prepare an “Incorporator Statement” with complete names and addresses of each director and keep it in your records book. Once elected, an initial meeting should:

  • Appoint officers & discuss/create Corporate Bylaws.
  • Choose a bank & approve the issuance of stock certificates.
  • Agree on corporate seal and adopt official stock certificate form.
  • Approve s-corp (opt.). Record Minutes of Meeting, have directors sign, then add to records book.

Step 6) Open A Business Bank Account

Best Business Bank Account

Now it’s time to get your corporate financial house in order. Set up a business checking account under your company with a good bank. Don’t be hasty though, there’s a large assortment of local, state, and national banks along with credit unions to choose from. And make absolutely sure that your business accounts are separate from any/all other accounts.

If needed, familiarize yourself with the perks involved and what they mean year-over-year. Check out this great breakdown article on the basics of Business Checking Accounts to get a jump on things.

Step 7) Handle Taxation & Licensing/Permits

Business LicensesWhen forming a corporation in Nevada, you’re required to be 100% compliant with all relevant local/state/federal agencies. Ideally you should have an attorney or at least be working with a professional filing service. Otherwise, here are four resources to get started:

  1. Get an EIN, or Employer Identification Number, free and easy through the IRS Website.
  2. Bookmark the Las Vegas Small Business Administration and the state’s Business Services.
  3. To form an S-Corp, submit Form 2553 with the IRS and be sure all board of directors have signed it.
  4. Consider professional Business License Research packages that handle the legwork for you.

Need Help Forming Your Corporation?

If you’d like help forming a Corporation, here are two great options:

IncFile ($49 + state fees) is ideal if you’re on a budget but refuse to sacrifice quality. However if you’d like access to an attorney past incorporation Rocket Lawyer ($99 + state fees) is the best option.

Visit IncFile Or Visit Rocket Lawyer

Note that this article on how to form a corporation in Nevada isn’t a legal document or legal advice. It’s for informational purposes and the information above is subject to change. For specific legal questions regarding how to form a corporation in Nevada or business in general, please consult with a lawyer or other accredited professional.