Want to set up a Nevada business but don't know how? Get detailed information on tax filing, payment options, and compliance.Each year, Nevada companies must fill out a form called an Annual List. In this lesson, we will walk you through how to form your Nevada LLC. Under Nevada law, a limited-liability company only needs one member, and a manager is optional. Nevada requires LLCs and corporations to file an Initial List along with their formation paperwork and business license application. An LLC is almost always better than a general partnership, but it is never the only business entity option to choose from. Filling out this document requires careful attention to detail.