Nevada Business License Fee Increases

Nevada Business License Fee Increases

The annual business license fee for the State of Nevada is set to increase to $500 annually effective July 1, 2015 for all entities under NRS CH78, CH78A, CH78B, and CH80.

Although the Nevada Secretary of State originally said when queried that the business license increase was across the board, an oversight in the final language excepted LLC’s [NRS CH89 PROFESSIONAL ENTITIES & ASSOCIATIONS which includes LLC’s (NRS CH86) & PARTNERSHIPS (NRS CH87).

Additionally, the Annual List Fee increases across the board by $25 effective July 1, 2015.

Any business wishing to file or renew a corporate entity can file for the lower current fee of $200 if the filing is complete by June 30, 2015. The maximum advance renewal is 60-days prior, so a business due for renewal prior to September can likewise avoid the increase by renewing early.

Questions about these important changes are available at the Nevada Secretary of State Office or by calling us here at Lucas Lucas, LLC [Rick Lucas – (775) 443-6507 (c) (Nevada Commercial Resident Agent].

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