Nevada company registration


pay fee by instalmentsbusiness setup without travelGuaranteed solutions

Since 2003, Healy Consultants Group has assisted multinational Clients with setting up their company in Nevada. Our services in the USA and Nevada include i) complete company registration and support licensing, ii) corporate bank account opening services with a top-tier USA banking group, iii) employee recruitment iv) visa strategies and v) office rental solutions.

Compare different Nevada entities Limited liability company Gaming company Limited liability partnership C Corporation Trust
Also known as Single Member LLC Online gaming company LLP C Corp Trust
Best use of company? All products and services Online gaming services Professional services Trading activities Tax planning
How long to supply company registration/tax numbers? 1 week 1 week 1 week 2 weeks 3 weeks
How long to supply a regulatory license? Not required 4 months Not required Not required Not required
How soon can you invoice Clients/sign sales contracts? 1 week 4 months 1 week 2 weeks Cannot trade
How soon can you hire staff? 1 week 1 week 1 week 2 weeks Cannot hire
How soon can you sign a lease agreement? Immediately Immediately Immediately Immediately Cannot trade
How long to supply corporate bank account numbers? 4 weeks 6 months 4 weeks 4 weeks 4 weeks
Corporate tax rate on annual net profits if properly structured? 0% 0% 0% 21% 0%
Limited liability entity? Yes Yes Yes Yes Yes
Government grants available? Yes Yes Yes Yes No
Government approval required for foreign owners? No Yes No No No

Resident director/partner/manager/legal representative required? No No No No No
Minimum paid up share capital? US$1

US$1 US$1 US$1 US$1
Can bid for Government contracts? Yes Yes Yes Yes No
Corporate bank account location? JP Morgan Chase BofAML City National Bank Wells Fargo Citibank
Can secure trade finance? Yes Yes Yes Yes No
VAT payable on sales to local customers? 6.85% 6.85% 6.85% 6.85% None
Average total business set up engagement costs? US$7,740 Request a proposal US$8,940 US$10,100 Request a proposal
Average total engagement period? 2 months 6 months 2 months 2 months 2 months

Nevada business setup summary

Press the link headings below to read detailed, relevant, up to date information.

  • Benefits of Nevada company registration

    Nevada business registration challenges

    • Nevada is a great place to register tourism or entertainment business, because:
    • Registering a company in Nevada is tax-efficient, because:
      • A business owner i) who is neither a US citizen, permanent resident or tax-resident) ii) who lives outside the USA iii) who only has a company number in the USA iv) whose staff and directors are based outside the US and v) whose company provides services or manufactures goods outside the USA, is legally exempt from USA corporate and personal income tax;
      • While the above applies for the majority of cases, it should be confirmed on case-by-case basis;
      • Foreign corporate shareholders need to register for Employer Identification Number (EIN) tax at all times. IRS will not share tax information with the Client’s home country;
      • Businesses in Nevada enjoy no franchise, nor corporate, nor inventory taxes;
      • Personal taxation in Nevada is abolished in comparison to neighboring States;
      • Nevada forms its tax revenues mostly from i) sales tax of 4.6% and ii) excise taxation.
    • There is abundance of infrastructure projects in Nevada, because:
      • Being a large state with high volumes of visitors, Nevada always offers infrastructure development projects, most recently for US$346m;
      • Nevada’s infrastructure grade has improved from a C- in 2014 to a C in 2018, according to ASCE report. Consequently, there is a abundant need of investments in maintenance;
      • The predominantly dry State is budgeting for 4 billion in investment allocated for water infrastructure, due to growing public demands;
      • Nevada houses one of the fastest growing state populations, which will ultimately increase demand for improved infrastructure.
    • Nevada is a business- friendly place because of the following:
      • A Nevada-incorporated company has no minimum initial capital requirements;
      • A complete privacy is given to the shareholders of the companies;
      • It is the only state in the US that does not have a formal information-sharing requirement with the IRS;
      • There are no statutory requirements for the stockholders, directors and officers to be Nevada residents or US citizens, same as in the other states;
      • There are no statutory requirements for the stockholders, directors and officers to hold meetings in Nevada.
  • Problems of Nevada company registration

    • Las Vegas economy and gaming industry is yet to recover, because:
      • The gaming industry in Nevada is observing low growth rates due to i) the 2008 economic crisis and ii) shift of business investments in South East Asia;
      • Las Vegas is yet to reach the gaming revenues generated in 2006-2007;
      • MGM Resort’s long-term debt has skyrocketed to 15.462 billion in September 2019;
      • Housing prices in Las Vegas are climbing higher while there is looming lack of diversity and inventory;
      • Macau’s gaming and gambling revenues keep growing year after year, with significantly higher GGR (gross gaming revenue) than Last Vegas at US$28.04 billion.
    • Nevada requires dual registration of companies, and comply to below regulations:
      • If an entrepreneur wishes to incorporate a branch or subsidiary of his Nevada business in another state, then he is required to register in both Nevada and the other state;
      • The company needs to maintain registered agents in both Nevada as well as in the other state;
      • If any of the companies get associated in litigation, the laws of Nevada and the other state might be required to be applied depending on the nature of the case.
    • Annual tax return filing is mandatory in Nevada. However, many jurisdictions in the US do not require companies to file their annual tax-returns, such as Wyoming.
  • Best uses

    • Registering a tourism, gaming and entertainment business in Nevada guarantees cost-efficient operations due to i) abundance of visitors and ii) low tax State in an otherwise high-taxation country;
    • Nevada is an excellent location for IT-oriented companies to expand their businesses since i) a range of regional development schemes have been implemented by GOED aimed at making Nevada a technologically commercialised State; ii) there is a presence of an influential IT industry with excellent internet infrastructure and iii) it is an attractive location for businesses;
    • Nevada is rich in mineral resources and has one of the largest geothermal fields in the world. As a result, it is an attractive destination for mining, power generation, manufacturing and consumer goods industry.

Frequently asked questions

Contact us

For additional information on our company registration services in Nevada, please contact our in-house country expert, Mr. Petar Chakarov, directly:
client relationship officer - Petar
  • Mr. Petar Chakarov
  • Senior Manager, Sales and Business Development
  • Get in touch
nv tax lasvegas nvsos laborcommissioner