If you operate a business in Nevada, staying compliant with state regulations is crucial. One of the most important obligations for LLCs and corporations in Nevada is the Annual List filing, which serves as the state’s equivalent of an annual report. Failing to meet these requirements can result in penalties, loss of good standing, and even administrative dissolution of your business.
This guide will walk you through Nevada’s annual business filing requirements, deadlines, fees, and the process for filing your Annual List.
What Is an Annual Report?
An annual report (Annual List in Nevada) is a mandatory filing that provides updated business details to the Nevada Secretary of State. The purpose of this report is to confirm and update information such as:
- The names and addresses of business owners, officers, or managers
- The registered agent’s details
- Confirmation of the business’s operational status
Unlike some states that use the term “annual report,” Nevada refers to this filing as the Annual List of Officers and Directors for corporations and the Annual List of Managers or Members for LLCs.
Nevada Annual Report Due Dates and Fees
Filing Deadlines
- Corporations & LLCs: The Annual List must be filed by the last day of the anniversary month in which the entity was formed.
- Example: If your business was formed on March 15, 2023, your next Annual List is due by March 31, 2024.
Filing Fees
The filing fees depend on the type of business structure:
- LLC Annual List: $150
- Corporation Annual List: $150
- Business License Fee (if applicable):
$500 for Corporations
$200 for LLCs - Nonprofits: $50 (for the Annual List)
Late filings will incur penalties, and failure to file can result in business suspension or revocation.
How to File Your Nevada Annual Report (Annual List)
1. Gather Your Business Information
Before filing, ensure you have the following details ready:
- Business entity name and Nevada Business ID
- Names and addresses of managers, members, officers, or directors
- Registered agent’s information
- Any updates to business details
2. File Online Through SilverFlume
Nevada’s Secretary of State provides an online portal, SilverFlume, for convenient filing.
- Visit SilverFlume.
- Log in or create an account.
- Select your business entity and follow the prompts to file your Annual List.
- Pay the required fees using a credit or debit card.
- Receive confirmation of successful submission.
3. File by Mail (Optional)
If you prefer, you can file via mail by downloading the Annual List form from the Nevada Secretary of State’s website, filling it out, and mailing it along with the required fees.
Nevada LLC Annual List Requirements
For Limited Liability Companies (LLCs), the Annual List must include:
- The LLC’s official name
- The names and addresses of managers (for manager-managed LLCs) or members (for member-managed LLCs)
- The registered agent’s information
This filing ensures that Nevada maintains accurate records of your business.
What Happens if You Fail to File Your Nevada Annual List on Time?
Penalties and Late Fees
- Late Fee: Businesses that fail to file their Annual List on time face a penalty of $75.
- Revocation: If the filing remains delinquent, the business may be administratively dissolved or revoked.
Restoring a Revoked Business
If your business is revoked due to non-filing, you must:
- File a Reinstatement Form with the Nevada Secretary of State.
- Pay past-due filing fees and penalties.
- Submit a Certificate of Good Standing if required.
Reinstating a business can be costly and time-consuming, so it is best to stay compliant from the start.
Final Thoughts
Staying on top of your Nevada Annual List filing is essential for maintaining your business’s good standing and avoiding unnecessary penalties. By keeping track of deadlines, knowing the fees involved, and utilizing Nevada’s SilverFlume portal for online filing, you can ensure a hassle-free compliance process.
Need Help Filing Your Nevada Annual Report?
If you’re unsure about the filing process or need assistance with business compliance, Commenda can help.
Our expert team ensures your Nevada Annual List is filed accurately and on time, so you avoid penalties and maintain your business’s good standing. We provide automated reminders, easy online filing, and professional compliance support tailored to your business needs.
With Commenda, you can focus on growing your business while we handle the paperwork. Get started today and never miss a filing deadline again!
By staying proactive with your filings, you can keep your Nevada business running smoothly and avoid costly penalties.
