How much does a Nevada LLC cost each year?

A Nevada LLC costs $350 per year at minimum to maintain good standing: $150 for the Annual List of Managers or Members (NRS 86.263) plus $200 for the State Business License (NRS 76.100). This does not include registered agent fees or any optional services. The $350 minimum is among the highest state annual LLC costs in the United States.

When is the Nevada Annual List due?

The Nevada Annual List is due by the last day of the LLC's anniversary month each year. If the LLC was formed on July 15, 2024, the first Annual List is due July 31, 2025, and every July 31 after that. This is different from most states, which set a fixed annual deadline for all entities.

What is the Nevada State Business License?

Under NRS 76.100, every business entity that engages in business in Nevada must obtain a State Business License and renew it annually. For most LLCs the fee is $200 per year, due at the same time as the Annual List. Certain passive investment entities and qualifying nonprofits may be exempt.

How do I file the Nevada Annual List?

File online through SilverFlume at esos.nv.gov, the Nevada Secretary of State's business portal. Log in with your entity number or NVBusiness ID, select Annual List and State Business License Renewal, update manager and member information, and pay the $350 fee by credit card. Paper filings are also accepted by mail at the Secretary of State's office.

What happens if I miss the Nevada Annual List deadline?

Nevada charges a $75 late filing penalty plus a $100 reinstatement fee after the LLC is declared in default. Continued non-compliance leads to administrative dissolution under NRS 86.274, loss of the right to transact business in Nevada, and eventual revocation of name protection.

Does Nevada make manager names public on the Annual List?

Yes. The Annual List is a public filing under NRS 86.263 and discloses the names and addresses of the LLC's managers or managing members. Nevada provides less privacy protection on the Annual List than Wyoming or New Mexico, which should factor into the state selection decision for privacy-sensitive owners.

Can the Nevada State Business License fee be waived?

Under NRS 76.020, certain passive investment entities, certain holding entities, qualifying nonprofits, and businesses whose Nevada activity falls below defined thresholds may claim an exemption. The exemption is claimed on the same filing as the Annual List by checking the applicable exemption box and providing supporting detail. Most operating LLCs do not qualify.

Nevada LLC Annual List and State Business License: The Full $350 Renewal Guide (2026)

Nevada is often marketed as a tax-friendly LLC state because the state has no corporate income tax and no personal income tax. What those pitches leave out is that Nevada also has one of the highest annual state fee structures in the country. Every Nevada LLC pays a minimum of $350 per year in state fees: $150 for the Annual List of Managers plus $200 for the State Business License. Miss the deadline and another $75 penalty hits. Let the dust sit and Nevada administratively dissolves the LLC. This article covers what the filings are, when they are due, how to complete them through SilverFlume, and when an exemption is actually available.

"I thought Nevada was supposed to be cheaper than California. Between my registered agent and the state fees, I am paying more in Nevada than I would pay in just the California franchise tax. I wish someone had given me the real math before I incorporated there." Paraphrased from discussion on r/smallbusiness about Nevada LLC cost expectations.

Two Filings, One Deadline, $350 Minimum

Nevada bundles two distinct state obligations into a single annual filing cycle through SilverFlume, the Nevada Secretary of State's online business portal:

The Annual List of Managers or Members. Authorized by NRS 86.263. Filing fee: $150. Purpose: discloses the current managers (for manager-managed LLCs) or managing members (for member-managed LLCs) as of the filing date. Public record.
The State Business License. Authorized by NRS 76.100. Annual fee: $200 for LLCs (other entity types have different rates). Purpose: authorizes the LLC to conduct business activity in Nevada.

The two filings are submitted together on a single SilverFlume transaction. Total: $350 before any late fees, reinstatement fees, or optional add-ons.

The Anniversary Month Deadline

Nevada's annual filing deadline is different from most states. Instead of a fixed calendar date, Nevada uses the last day of the LLC's anniversary month. If your LLC was formed on July 15, 2024, the first filing is due by July 31, 2025, and each subsequent filing by July 31 each year. If formed October 2, filings are due by October 31 every year.

This anniversary-based system has both pros and cons:

Pro: Nevada spreads filings across all 12 months rather than concentrating them on a single deadline. Good for the state's processing load.
Con: Owners who do not calendar the anniversary month often miss the deadline. There is no universal "every business files in May" date that hits social media reminders.

First-year filing trap. Nevada LLCs formed in the second half of the calendar year often expect their first Annual List to be due in a future calendar year. It is not. The first filing is due at the end of the anniversary month of formation, which may be less than 12 months from the original registration date.

Filing Through SilverFlume Step by Step

SilverFlume at esos.nv.gov is the only online filing portal for Nevada's Annual List and State Business License renewal. Paper filings by mail are accepted but take three to four times longer to process.

Step 1: Log In and Select Your Entity

At esos.nv.gov, log in using your SilverFlume account (or create one using the LLC's entity number). Your Nevada Entity Number was assigned when the LLC was registered and appears on the Articles of Organization.

Step 2: Choose Annual List and State Business License Renewal

From the entity dashboard, select "File Annual List" or "Annual List and State Business License Renewal." The system loads a combined form for both filings.

Step 3: Verify and Update Entity Information

Review existing principal office address, mailing address, and registered agent information. Update any that changed. The registered agent must have a Nevada street address (no P.O. Box).

Step 4: Update Manager or Managing Member List

Review the existing list of managers (for manager-managed) or managing members (for member-managed). Add any new managers, remove any who departed, and update addresses for those who moved.

Every listed individual becomes part of the Nevada public record upon submission. Privacy-sensitive owners often designate a single manager by their business title (for example, "Manager of XYZ Holdings, LLC") rather than listing all investors. This is permissible in Nevada as long as at least one manager is disclosed.

Step 5: State Business License Details

Confirm the LLC's NAICS code (industry classification) and principal business activity. Check whether any SBL exemption applies (see exemption section below). If no exemption, the $200 State Business License fee is added to the transaction.

Step 6: Review and Submit

SilverFlume summarizes the filing before submission. Confirm fees ($150 Annual List + $200 State Business License = $350). Submit and pay by credit card or ACH.

Step 7: Save Confirmation

Upon successful payment, SilverFlume issues a confirmation number and emails a receipt. Save both. Processing typically completes within one business day, at which point the LLC's good standing status refreshes.

State Business License Exemptions

NRS 76.020 carves out specific categories of entities that may claim an exemption from the State Business License fee. The $150 Annual List fee still applies in most exemption cases; only the $200 SBL portion is exempted.

Commonly available exemptions:

Passive investment entities. LLCs whose only activity is holding investment assets (stocks, bonds, passive real estate), with no active business operations, may claim exemption.
Holding companies. LLCs that exist solely to hold ownership interests in other entities, without separate operational activity.
Qualifying nonprofits. 501(c)(3) and certain other nonprofit entities registered with the IRS.
Governmental entities. Political subdivisions, municipal entities, public agencies.
Specified other narrow categories. Insurance entities, certain trusts, and a handful of statutorily listed others.

Most operating LLCs do not qualify. Claiming an exemption requires checking the exemption box during the SilverFlume filing and providing supporting basis. Nevada may audit exemption claims; false claims can trigger back-fees plus penalties.

What Happens If You Miss the Deadline

Nevada's enforcement escalates in stages:

Immediately after the deadline. The LLC status changes to "default" on the Secretary of State's public record. A $75 late filing penalty is added to the reinstatement cost.
90 days after default. Nevada issues an administrative notice of pending revocation.
Continued non-compliance. Under NRS 86.274, the LLC is administratively dissolved. At this stage, the LLC loses its right to transact business in Nevada, its name protection expires, and its officers and managers face potential personal liability for business debts incurred during the dissolved period.

Reinstating an administratively dissolved Nevada LLC requires:

Filing all delinquent Annual Lists ($150 each year missed)
Paying the $75 late penalty per year
Renewing all delinquent State Business Licenses ($200 each year missed)
Paying a $100 reinstatement fee to the Secretary of State
Filing any required amendments if managers, members, or registered agent changed during the dissolved period

A two-year gap in filings can easily cost $800 to $1,000 to resolve. Keeping up with the anniversary-month deadline is cheaper.

Nevada LLC Privacy on the Annual List

A common Nevada marketing pitch is that Nevada LLCs offer privacy from public disclosure. That claim requires nuance. Nevada does provide certain privacy protections, but the Annual List disclosure is NOT one of them.

The Annual List of Managers is a public record. Names and addresses on the list are searchable through the SilverFlume business search by anyone. In contrast, Wyoming and New Mexico LLC structures allow nominee-based or no-annual-report models that keep manager and member names off the public record. Nevada is stricter.

In our view, owners who prioritize public-record privacy should compare Nevada directly against Wyoming (W.S. 17-29 privacy provisions) and New Mexico (no annual report required) before selecting a state. The Nevada privacy pitch is more accurately a charging order protection pitch, rooted in NRS 86.401 (exclusive remedy for creditors even against single-member LLCs), rather than a disclosure-privacy pitch.

Registered Agent Requirements

Every Nevada LLC must have a registered agent located in Nevada with a physical Nevada street address under NRS 86.231. The registered agent receives service of process, state notices, and official correspondence on behalf of the LLC. A P.O. Box does not qualify.

For LLCs whose owner is not physically in Nevada, a commercial registered agent service is the standard choice. Commercial RA services typically charge between $99 and $300 per year in Nevada and include mail forwarding for state correspondence.

Nevada LLC annual compliance handled.

We file your Annual List and State Business License renewal every year, maintain your Nevada registered agent, and track manager and member updates so the $75 late penalty never hits your account.

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Disclaimer: We are a document preparation service, not a law firm, CPA, or financial advisor. This article is general information about Nevada LLC annual compliance under NRS 86.263 and NRS 76.100. It is not legal, tax, or financial advice. Fees, deadlines, and filing procedures are set by the Nevada Secretary of State and may change. Always verify current requirements at esos.nv.gov and consult a Nevada-licensed attorney or CPA for guidance specific to your situation.

Sources: NRS 86.263 (Annual List); NRS 76.100 and 76.020 (State Business License and exemptions); NRS 86.231 (Registered Agent); NRS 86.274 (Administrative Dissolution); NRS 86.401 (Charging Order Exclusivity); Nevada Secretary of State SilverFlume filing system at esos.nv.gov; Nevada Secretary of State fee schedule. All citations current as of April 2026.