How much does NSRA charge for resident agent service? $89 a year.

How much is the total cost to switch resident agents? $159. $89 for our annual resident agent fee and $60 for the State's fee to record the change of agent form). Is your Annual List due? Just add $60 to the cost of your list if your list is currently due too.

How do I switch from my current agent to Nevada State Resident Agent? By filing a Change of Resident Agent form with the Nevada Secretary of State. Click here to print a copy of the Change of Agent form. The State's fee for this form is $60. We will submit this form to the State for you.

What is a resident agent? If someone sues your corporation, the proper service of that lawsuit is your resident agent. If your company gets sued, the person that is suing you will serve your company's resident agent. The resident agent is supposed to forward the lawsuit to you. Nevada Revised statutes provides that a resident agent is required: NRS 86.231 Resident agent required; address of registered office; change of address: 1. Except during any period of vacancy described in NRS 86.251, a limited-liability company shall have a resident agent who must have a street address for the service of process. The street address of the resident agent is the registered office of the limited-liability company in this state...."

Can I change resident agents to Nevada State Resident Agent Services? Yes. You are free to change agents. You need only file a certificate of change of Resident Agent with the Secretary of State. Our annual fee is $99 for you to change from your current agent to us. Click on Change Agents on the left side of this page.

Can you act as my resident agent if I am filing my own paperwork? Yes. Here's how it works:
1. You send us your articles with your check payable to NSRAS for $89.
2. We sign your articles the same day we receive them and send them back to you.
3. If you want us to forward your paperwork to the Secretary of State, send us your completed filing, including the correct number of copies, checks, etc. with an envelope to the Secretary of State, addressed, and with the correct postage on it. If you request us to forward your papers to the Secretary of State, we will forward them exactly as we receive them from you. We cannot be responsible for any inaccuracies on your paperwork, the filing fee, or the instructions to the Secretary of State. Please don't ask us to file your paperwork. This is how we make our living. It would be like asking a plumber to just put the pipes where they go but don't tighten them up. If you are going to do it yourself, then please, do it yourself. Thanks!

How do I file my Annual List? Print a form Annual List, fill it out and send it to us with your State filing fee, and we will send it to the State for filing for you. Click here for State Forms.

What are the state filing fees to file my annual list? The State fee is $125. If your List is filed late, the State charges an additional $75 late fee. We noticed that several of our competitors are stating the filing fees higher than what they are. The filing fees are public record. Be careful when you are looking for a resident agent. Make sure they are not "inflating" the filing fees. Click here to see the State's website page with all the fees. If you have any questions about a fee, you can call the State directly (775) 684.5708 or give us a call (702.285.8058). We'll tell you what the fee really is.

How do I change my officers in my corporation? Strike through or cross out the officer's name on the form and print the new officer's name on the form. Or, you can complete a new Annual List and list your correct officers.

How do I change my members in my LLC? If Jane and Bob own a 50% membership interest each in an LLC and Bob wants out, Bob can transfer or sell his 50% interest in the LLC to Jane. Please contact us for more information.

How much do we charge to form a new corporation or LLC? $249.

What's included in the $249 fee?

How do you order your new company? You can order online, call us, or print the order form and send it to us by fax or mail. We accept Mastercard and Visa, or we have a paypal account where you can pay using your personal check, debit card, or other credit cards.

What happens after I place my order on your online order form? We file your papers and send them to you the same day we receive them. If you choose our standard service, the process takes three to six (3-6) weeks. If you choose the expedited service, the process takes 24 hours.

After I place my order, can I check the status? Yes. You can go online or contact us. To go online, go to the Secretary of State's website. Type in your company name and press submit. If the search returns your company information, your company has been formed. If no records are found, your order has not been completed.

Do you need my signature on the paperwork to form my company?
No. We form your company by filing Articles of Incorporation if you choose a corporation or Articles of Organization if you choose an LLC. We sign that document as the incorporator.

What do you need from me to form my new company?
1. The name of your company and one alternate name. You do not have to use Inc. Incorporated, at the end unless you want to. Since a corporation is the only entity allowed to use such an ending, Inc., Incorporated, Corporation, it is a good idea to use that ending in your company name. If you want to check the State's website to see if your name is available, you can click here to get to the website. When you get there, type in the name you want. If you want to check A.F.C. Real Estate Investments, Inc. Typing in "AFC Real Estate". Don't use punctuation. If no records are returned, your name should be available. We can check the name for you - Free! Just give us a call.
2. The name(s) of your director(s). You only need one director.
3. The address where you want us to send your original paperwork.
4. Payment. We take Amex, VISA, Mastercard, cashier's and personal checks.

How long does it take to form a new company? Three weeks for our standard price, $249. We offer an expedited service for an additional $175 (total cost $424). Using the expedited service, if you place your order with us at 11:00 a.m. today, we will pick your papers at 11:00 a.m. tomorrow and send them to you.

What happens after you place your order?
1.We check the name with the State to make sure it is available.
2. We send your paperwork to the State the same day we receive it. (We do not need your signature on any of the initial paperwork).
3. We charge your credit card or deposit your check.
4. We check the State's website to verify the filing. (Your papers are filed in 2-3 weeks for the $249 service and 1-2 days using the $424 expedited service).
5. We contact you as soon as we confirm your papers have been filed.
6. We send your original paperwork to you, with easy to follow instructions.

Why would you form a corporation or LLC? Liability. If you are doing business as a sole proprietor and get sued, your personal assets are at risk. If you are doing business as a corporation or LLC and get sued, the person sues your corporation/LLC. Not you personally. One lawsuit could ruin you. The minimal cost of incorporating or forming an LLC far outweighs the benefits of being sued.

What is an S Corporation? An S or Subchapter S corporation is one in which the profits or losses flow through to the individual shareholders. If you decide to form an S corporation, you must file an IRS Form 2553 within 75 days of the date of your incorporation. We complete this form for you, free. An S corporation can only have 35 shareholders. The IRS requires that: ( 1) there be less than 75 shareholders, ( 2) the shareholders must be individuals, estates or certain qualified trusts, who consent in writing to the S corporation election, (3) the shareholders can not be non-resident aliens, and (4) an S corporation cannot issue preferred shares of stock with special liquidation, dividend or conversion rights.

What is a C Corporation? Most of the corporations we form are C or closed corporations. This C or Closed status means that the profits or losses from your corporation will not flow through to the individual shareholders. An 1120C tax return is filed. A "C" corporation may have an unlimited number of stockholders. A C Corporation is usually selected by companies than plan to have over 30 stockholders or large public stock offerings. C corporations face "double tax" as they are required to pay income tax on taxable income generated by the corporation and the shareholders pay tax again on distribution of dividends.

What is an LLC? An LLC is usually formed with the intent that the owners will be the same from the beginning to the end. There is no stock in an LLC. The ownership is represented by 100% membership interest. An LLC is an appropriate entity to use when you have investment real estate. If you have a rental property, it is a good idea to put it into an LLC. The reason is that if the tenant slips and falls and sues you, he will sue the LLC and not you individually. If you intend on setting up an LLC, the lease should be in the name of the LLC and the tenants checks should be payable to the LLC. The tenants should have no doubt that the owner is not you, it is a company. An LLC can be treated like a corporation for tax purposes. It can have the same flow through attribute an S corporation is allowed. It can also have a closed status, like a C corporation. There is no record keeping requirements with an LLC. There is no board of directors. No requirement to hold board of directors or shareholders meetings. Therefore there are no corporate minutes, and no corporate veil to be pierced. Corporation Information: A corporation gives you the flexibility to add owners at any time. You can attract an owner by offering them stock in your corporation. You set the price for the stock. You can also take advantage of our nominee service when forming a corporation. In addition, if you have owners that want to remain anonymous, you can issue them "bearer shares" of stock. Their name is never disclosed in your records. The person that holds the stock on your records is "the bearer." The board of directors and shareholders are required to meet each year and appoint new officers. A corporation's board of directors can remove and appoint new officers any time. For tax purposes, you can elect to have your corporation treated as an S or C corporation. The S corporation's profit or loss will flow through to the individual shareholders' tax returns. If you elect a C or closed corporation, the profit or loss will not flow through to the shareholders' tax returns. Double taxation can occur with a C Corporation. As a C corporation, if your company made $50,000 last year and you and your other shareholder took $25,000 each, you would file a corporation 1120C return and pay tax on the $50,000. Then you and your other shareholder would have to pay tax again on the $25,000 you took at your personal tax rate. Talk to your accountant to see what type of entity is best for you. If you do not have an accountant, you can go online and look through the yellow pages. We have a CPA we can recommend. Please contact us if you would like his contact information.

Where can I read the laws about corporations and LLCS?
Corporations. Here is a link to corporate law - NRS 78.
LLCs. Here is a link to LLC law - NRS 86.

How can I get an employer ID Number? By completing the IRS form SS-4. We included this form in the mail we sent you with your original formation papers. If you need to get another form, you can go to the IRS website and print one, or apply for one online. There are several ways to obtain your employer ID number. I have completed most of the information on the enclosed Form. You can: (1) call the IRS toll free at (800) 829-4933 international clients can call (215) 516-6999, (2) online the address is http://www.irs.gov/businesses/small/article/0,,id=102767,00.html When you get to the website, click on Apply ONLINE NOW. (3) fax the form to the IRS 215-516-3990, or (4) send it to the IRS by mail to Attention EIN Operation, Philadelphia, PA 19255. This information is also available on my website. If you decide to get your number online, be sure not to use punctuation when you are typing in the information.

How do you get a Subchapter S election? By completing the IRS form 2553. This election is where the profits or losses of the company will flow through to the individual shareholders or owners. If you are a C or closed corporation, the profits or losses of the company will not flow through to the owners. We provided you with instructions on how to complete this form in the letter we sent to you with your original formation papers. This election must be made within 75 days from the date your company is formed. Go to the IRS website for the form. http://www.irs.gov

Do you need a DBA? Only if you are going to do business using a name different than the name you used to form your company. Example: Tim Johnson and George Johnson want to go into business together, but they are not sure what type of business. They form a corporation. They call it Tim & George, Inc. They decided they want to use Tim & George, Inc. for an auto parts business. They want to call the auto parts store Auto Parts 'R Us. They file a dba or fictitious firm name certificate with the Clark County Clerk's office reflecting Tim & George, Inc. will be doing business under a fictitious name, Auto Parts 'R Us. Tina Smith formed a company called Candles of Las Vegas, Inc. She wants to operate her business as Candles of Las Vegas, Inc. She does not need a dba or fictitious firm name certificate. If you need file a dba/Fictitious Firm Name Certificate, you can do so through the mail. Here is a link. http://www.co.clark.nv.us/clerk/FFN.htm

How do you change the name of your company? You file an amendment with the Secretary of State. The State charges $175 to file your amendment and it takes 2-3 weeks. They have an expedited service/24 hours for an additional $125, or $300 total. Please go to our forms page to print the form you need to change the name of your company.

How can you get a certificate of good standing? You can get it online now. Click here for more information. Or you can order it by mail using a check or credit card to pay the State fee, or by fax. To order the certificate by mail or fax, send the Customer Order Instructions of the Secretary of State. Send the instructions via mail to Secretary of State, 202 North Carson Street, Carson City, NV 89701. Be sure to use the Credit Card Checklist and when you order if you are paying with a credit card.

How can you can the stock in your corporation? By filing an amendment with the Secretary of State. The State fee is $175 to file an amendment. This takes three weeks. $300 for an amendment that takes the State 24 hours. Please click on our State Forms link.

How can you dissolve your company? By filing a dissolution with the Secretary of State. The State fee is $75 for the three week filing; $200 for the expedited/24 hour filing. Please click on our State Forms.

How do you change your officers? You can prepare corporate minutes of your board of directors where the board meets, removes officers, and appoints new ones. If you need the change to be on the public records, file an amended list of officers. There is no form "amended" list. Just file an annual list (available on our State Forms. link) or the State's website http://www.secretaryofstate.biz. BE SURE to write the word "amended" on the top of the Annual List. The State fee is $125.

How do you get a copy of your articles or Lists? You can contact us and we will send you a copy, or send a Customer Order Instructions to the Secretary of State. In the box "Description" write "I would like a regular filed stamped copy of articles of incorporation for ______________ [put the name of your company]. Enclosed is my check for $10 to cover the cost." The cost is per page. If you do not know the number of pages, you can put $10 and the State will send you a refund if there is one. If you know the number of pages, it is $2 per page. Certified copies are $30.

How do you change the members in your LLC? An LLC is not intended for transfer of ownership interest. In the event you do need to change your owners or members/ manager all of the members must sign an agreement to transfer an interest to the new member. File an amendment with the State. The State fee is $175 for the three week filing; $300 for the 24 hour filing. See our State Forms link to download the form.

1. Q: What is the cost of a State Business License?
A: The State Business License Fee is $100. The license is renewable annually.

2. Q: How much is the renewal fee and when is it due?
A: The renewal fee is $100. Taxpayers who currently have a business license shall pay the renewal fee based on their anniversary date. Entities no longer in business in this state must submit a written statement to the Department at least 10 days before their anniversary date in order to avoid the annual fee and a penalty for non-payment.

3. Q:What is the penalty for late or non-payment?
A: A person who fails to submit the annual fee required by the due date shall pay a penalty in the amount of $100 in addition to the annual fee. This penalty goes into effect 07/01/04.

4. Q: Are there any other requirements for businesses obtaining a State Business License?
A: Every business that purchases tangible personal property for storage, use or other consumption in this state must register with the Department of Taxation for a Use Tax Account.

5. Q: What constitutes a business?
A: A corporation, partnership, proprietorship, limited-liability company, business association, joint venture, limited-liability partnership, business trust and their equivalents organized under the laws of the State of Nevada or another jurisdiction shall be deemed to constitute a business for the purposes of NRS 360.760 through NRS 360.795 regardless of any purpose for which that entity is organized or operated and regardless of whether that entity conducts an activity for profit.

6. Q: Are any businesses not required to obtain a State Business License?
A: Government entities, nonprofit religious, charitable, fraternal, or other organizations that qualify as a tax-exempt organization pursuant to 26 U.S.C. 501(c), or a business whose primary purpose is to create or produce motion pictures are not required to obtain a State Business License. A “Limited-Liability Company which consists of a single member if the limited-liability company is disregarded for the purposes of federal income taxation as an entity separate from its owner, and a natural person who is regarded as a substantial owner of any trust or portion thereof pursuant to the provisions of U.S.C. 671 to 679. Also, a person who operates a business from his home and earns from that business (net income from the business reported on the Federal Tax Return) not more than 66 2/3 percent of the average annual wage, as computed for the preceding calendar year, pursuant to chapter 612 of NRS, is not required to obtain a State Business License for the next year. The average annual wage fluctuates, for 2003 the 66 2/3 percentage of the average annual wage is $21,500. For 2004 the 66 2/3 percentage of the average annual wage is $22,000.

7. Q: What is meant by “person who operates a business from his home”?
A: A person who operates a business from his home means a natural person who does not own, lease, rent or license any real property, other than his personal residence, for use in furtherance of that business and does not hold any part of his personal residence open to the general public. A natural person shall not be deemed to own, lease, rent or license any real property that he uses strictly for the purpose of maintaining a post office box, posting a business license in accordance with requirements imposed by a county or municipal ordinance, or periodically selling or exhibiting wares at craft shows.

8. Q: Are trade show or convention participants required to obtain a State Business License?
A: A business not located in this State that takes part in a trade show or convention held in this State is not required to obtain a business license specifically for that one event.

9. Q: Are businesses selling at swap meets in this State required to apply for a State Business License?
A: Yes, they are considered to be renting space outside of their personal residence and are required to apply for a State Business License.

10. Q: Are real estate agents and brokers required to apply for a State Business License?
A: Yes, they are not considered to be working from their personal residence and are required to apply for a State Business License.

11. Q: Are a husband and wife considered one taxpayer?
A: Yes, as long as the business is not separately incorporated.

12. Q: How do I obtain a State Business License?
A: You may obtain an application by downloading one from our website at http://tax.state.nv.us or by contacting the Nevada Department of Taxation office nearest you. When submitted, the application must be accompanied by the $100 license fee. A signer’s signature on an application is considered a sworn statement of his or her authority to sign on behalf of the entity being registered.

13. Q: If I have several businesses, but they are all owned as sole proprietor businesses, do I have to get State Business Licenses for each one?
A: Sole proprietors may have more than one business and only be required to have one State Business License. However, if a person is a sole proprietor and also conducts business under a separate corporation or other entity, State Business Licenses will be required for each entity.

14. Miscellaneous
A Business is required to keep all records for four years. The same or similar provisions which exist for other Title 32 taxes regarding audits, confidentiality of information, administrative procedures, etc., are applicable to this license fee.

15. Q: What are some examples of businesses that are now required to apply for a business license that were not required to apply prior to the implementation of SB 8 of the 20th Special Session of the Nevada Legislature?
A: Sole proprietors without employees were not previously required to obtain a State Business License. However, employer status no longer is a factor in determining which businesses must register for a State Business License. All businesses are now required to obtain a State Business License unless they are exempted for one of the reasons listed above in #6. In addition, individuals who lease or rent out property and report this on a Federal Tax Return form 1040 schedule E and individual owners of farms who report on a Federal Tax Return form 1040 schedule F must also obtain a State Business License.

If you have a question and you do not see it address here, please contact us.