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Nevada Foreign Limited-Liability Company(NRS86.544)

Nevada Foreign Limited-Liability Company(NRS86.544)

Name: Nevada Foreign Limited-Liability Company(NRS86.544)
Brand: US Legal Forms
Price: 59.00 USD
Rating: 4.76 (417 reviews)

Category:

Nevada Secretary of State - State Business License (Non Title 7)

State:

Nevada

Control #:

NV-SKU-1598

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Description

Foreign Limited-Liability Company(NRS86.544) A Nevada Foreign Limited-Liability Company (NRS86.544) is a type of business entity that is registered in the state of Nevada and operates as a limited liability company (LLC) in a state other than Nevada. This type of business has been created for companies who wish to conduct business in Nevada but do not wish to form a domestic LLC in the state. The Nevada Foreign Limited-Liability Company is registered with the Nevada Secretary of State and is subject to the Nevada Revised Statutes (NRS) governing LCS. The Nevada Foreign Limited-Liability Company must have a Registered Agent in Nevada, must file a Certificate of Authority, and must also comply with all Nevada LLC regulations. The company must also submit an annual list of officers and managers to the Nevada Secretary of State. The Nevada Foreign Limited-Liability Company can be formed by any legal entity including corporations, partnerships, trusts, estates, and individuals. The company must have a valid business purpose, must be properly formed and maintained, and must abide by the laws of the state in which it is registered. Different types of Nevada Foreign Limited-Liability Company include: — Professional Limited Liability Companies — Series Limited LiabilitCompaniesie— - Manager-Managed Limited Liability Companies — Single-Member Limited Liability Companies.

A Nevada Foreign Limited-Liability Company (NRS86.544) is a type of business entity that is registered in the state of Nevada and operates as a limited liability company (LLC) in a state other than Nevada. This type of business has been created for companies who wish to conduct business in Nevada but do not wish to form a domestic LLC in the state. The Nevada Foreign Limited-Liability Company is registered with the Nevada Secretary of State and is subject to the Nevada Revised Statutes (NRS) governing LCS. The Nevada Foreign Limited-Liability Company must have a Registered Agent in Nevada, must file a Certificate of Authority, and must also comply with all Nevada LLC regulations. The company must also submit an annual list of officers and managers to the Nevada Secretary of State. The Nevada Foreign Limited-Liability Company can be formed by any legal entity including corporations, partnerships, trusts, estates, and individuals. The company must have a valid business purpose, must be properly formed and maintained, and must abide by the laws of the state in which it is registered. Different types of Nevada Foreign Limited-Liability Company include: — Professional Limited Liability Companies — Series Limited LiabilitCompaniesie— - Manager-Managed Limited Liability Companies — Single-Member Limited Liability Companies.

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FAQ

To register your foreign LLC in Nevada, you'll need to file the state's Foreign Limited Liability Company Registration form, which includes the required Initial List and Business License Application. You'll send the completed form and filing fees to the Nevada Secretary of State, New Filings Division.

The Nevada Limited Liability Company Act outlines the filing requirements for forming an LLC in the state of Nevada. Under this act, an LLC must file articles of organization with the Nevada Secretary of State to conduct business as an independent legal entity.

Name your Nevada LLC. Choose your registered agent. Prepare and file articles of organization. Receive a certificate from the state. Create an operating agreement. Get an Employer Identification Number.

Advantages of Forming a Nevada LLC Nevada LLCs are not subject to taxation on corporate shares or stock transfer; the state has no franchise, gift, business and occupation, inventory, or personal income tax. Payroll tax is equal to 0.7 percent of gross wages.

If your business will be primarily based in Nevada, you should probably form in Nevada. And if your business operation will be primarily in California, you should probably form in California. That's because you will need to file Articles of Organization and pay state filing fees in any state where you do business.

Restricted LLCs are business entities that are only allowed in Nevada. It's a type of LLC with specific operational and legal restrictions, hence the name. A restricted LLC is free of taxes for ten years after its formation. However, an owner of the entity can't make distributions to the members during that period.

In the state of Nevada, there is no legal obligation to draft/create an operating agreement. While not a requirement, an operating agreement serves as documentation outlining the relationship between the officials of the LLC and the business itself.

More info

Before transacting business in this State, a foreign limited-liability company must register with the Secretary of State. The following documents pertain to forming a Nevada Limited-Liability Company or qualifying as a Foreign (Non-Nevada) Limited-Liability Company.Register with the Nevada Secretary of State: ❍. 376 Conversion of corporation or foreign corporation to limited liability company. . 377 Effect of conversion of corporation to limited liability company. .

Nevada Foreign Limited-Liability Company(NRS86.544)

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How do I register as a foreign LLC in NV?

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