Effective October 1, 2017 the Nevada Initial List and Business License Application will need to be filed, and paid for, at the time of formation/registration of any new Domestic or Foreign business entity. In the past these filings were due on or before the last day of the month after filing the formation/registration.
What does this mean? Corporations will have to be ready to pay an additional $650 ($150 for Initial List and $500 for Business License) and LLC’s will have to be ready to pay an additional $350 ($150 for Initial List and $200 for Business License) at the time of formation/registration.
Any entity that needs to file an amendment to the Initial list will be able to do so within 60 days to avoid an additional filing fee.
Please contact us for any questions about the new law change. Thank you!