Monday
May232011
The Nevada LLC Formation FAQ
Monday, May 23, 2011 at 11:38AM
The Nevada LLC Formation FAQ
When you are starting a new business using the Nevada LLC formation method, there are a few questions that you might consider asking either yourself or whoever may be assisting you with the process. The more information and answers that you have the better you’ll be equipped to handle the process and any problems that you come across while completing it. The first and maybe most important question you need to answer is whether or not your chosen business name is suitable and available for use. You’ll do this by conducting a name search through the Secretary of State’s office; they can also reserve your business name so that no one else may take it while you are completing your preparations to start your business.
Another frequently asked question that you’ll want to consider in the Nevada LLC formation of your business is whether or not you want to have a registered agent. Usually this is only necessary if you don’t live in the state and wish to start a business there anyway but you can still have one to accept process of service paperwork for you if you don’t want to deal with that sort of thing. It will cost you a certain amount each year to keep a registered agent but there are plenty of companies out there who offer the service.
A final question to consider is whether or not you need to have any local (city or county) business operating permits. The Nevada LLC formation of your business or company will most likely require at least one local operating permit which will be relatively inexpensive and easy to get. A good time to inquire about these special permits is while you are waiting for your LLC application to be approved by the SOS office; this can take up to six weeks in some cases.
When you are starting a new business using the Nevada LLC formation method, there are a few questions that you might consider asking either yourself or whoever may be assisting you with the process. The more information and answers that you have the better you’ll be equipped to handle the process and any problems that you come across while completing it. The first and maybe most important question you need to answer is whether or not your chosen business name is suitable and available for use. You’ll do this by conducting a name search through the Secretary of State’s office; they can also reserve your business name so that no one else may take it while you are completing your preparations to start your business.
Another frequently asked question that you’ll want to consider in the Nevada LLC formation of your business is whether or not you want to have a registered agent. Usually this is only necessary if you don’t live in the state and wish to start a business there anyway but you can still have one to accept process of service paperwork for you if you don’t want to deal with that sort of thing. It will cost you a certain amount each year to keep a registered agent but there are plenty of companies out there who offer the service.
A final question to consider is whether or not you need to have any local (city or county) business operating permits. The Nevada LLC formation of your business or company will most likely require at least one local operating permit which will be relatively inexpensive and easy to get. A good time to inquire about these special permits is while you are waiting for your LLC application to be approved by the SOS office; this can take up to six weeks in some cases.
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