By popular demand, here is the checklist for starting a company in Las Vegas, Henderson, North Las Vegas, Boulder City and Clark County. First, Southern Nevada is a bit wacky in its structure. While it would make sense for there to be three levels of business licensing-- state, county, city-- that's not the case here. Every entity doing business in the state of Nevada needs a state business license, then you'll get a regional license from the City of Las Vegas, Henderson, the City of North Las Vegas, Boulder City, or Clark County depending on where your business is actually locateded.
1. Select a company name.
Start with my article Naming Your Business or my video on the subject. Stepping on another business's toes in calling your service can have major and expensive effects.
2. Find out your organisation address.
Whether you utilize your home address, a virtual office, or an actual office, you'll require an organisation address for practically all the documents you complete to open your company. It's a lot easier to have this address from the start than to alter it down the roadway. The Nevada Secretary of State alone charges $175 for an address modification, not to discuss the paperwork involved.
You can have a different mailing address for the majority of applications, which comes in handy if you wish to use a PO box or your home address, however the organisation address is exactly what will be public record, so select carefully.
One final word on a business address. Lots of services in some way get away with a box at a mail store as their business address. Be alerted that the city licensing bureaus do not prefer to certify businesses that simply hang their licenses in a mail shop and some jurisdictions do not enable it at all. Double check with your jurisdiction for their guidelines.
3. Form your entity and get your state organisation license.
You must talk to an attorney regarding the very best choice of entity for your organisation, however here are the basics. You submit the files to form your entity, whether it's an LLC, a corporation, or a limited collaboration, with the Nevada Secretary of State's workplace.
You certainly can apply for a service license as a sole proprietor, but without a different entity, you will personally be on the hook for all of the business' financial obligations and responsibilities. Preserving an entity costs a couple of hundred dollars a year, however the peace of mind is well worth the price.
You can go the paper path, but the Nevada Secretary of State has a fancy-schmancy new online website called SilverFlume where you can file all your files online. You'll submit Articles of Organization (LLC), Articles of Incorporation (corporation) or Certificate of Limited Collaboration, then your Initial List of Managers/Members/Officers/ Partners and you'll get your state business license. In simply a couple of minutes, you can establish an entity in Nevada.
There are a couple of exemptions to the state service license requirement, but as long as you're an entity, you'll need to cough up the $200. If you're a not-for-profit, a movement picture business, a particular kind of insurance provider, or a governmental entity, you can get an exemption but you need to mail in the type.
4. Get an EIN number.
The EIN number is like a social security number for your company. With widespread identity theft concerns, it isn't really smart to use your social security number for your service, which is what you have to do if you do not have an EIN. It's just a letter validating your EIN and asking if you want to be dealt with as a various type of entity for tax purposes, like a subchapter S-corporation.
5. Register with the Nevada Department of Tax.
To apply for a service license, you must offer evidence that you're registered with the Nevada Department of Tax. You have to apply for a tax authorization, either a sales tax permit or a customer use tax license. With an use tax license, if you purchase products for intake in your company (like workplace supplies or devices) without paying tax when you buy them, you'll have to determine the tax you would have paid had you bought the items in Nevada and remit that quantity to the state.
6. Do you need a fictitious company name?
A fictitious firm name, or a DBA, is needed if you're doing business in a name besides the one signed up with the Secretary of State. So if you're ABC, LLC but the name of your business is Adam's Weight Training and Cake Pastry shop, you'll have to submit a fictitious name kind with Clark County. Then, whenever you're requested for the name of your company on a main form, like an agreement, you'll wish to list it as "ABC, LLC dba Adam's Weightlifting and Cake Bakery." Make sure you utilize the full legal name of your entity in all your agreements as well. DBAs aren't themselves entities so they cannot get in into and enforce agreements.
If you have actually followed my blog at all and are STILL operating as a sole owner (smacking you on the hand), you can be "Adam Charlie dba Adam's Weight Training and Cake Bakery."
7. Request your city service licenses.
Registering with the taxation department can be difficult, and so can getting city service licenses. Initially, where is your company found? If you remain in the City of Henderson, you'll go to their licensing bureau. Very Same with Boulder City. The City of North Las Vegas does not presently post company license applications online. Rather, you must request an application for your particular business online.
What if you're in the City of Las Vegas? The lines that separate the City of Las Vegas from Clark County aren't anything close have a peek at these guys to straight and make no rational sense. The Jurisdiction field will reveal you whether you need a license from the City of Las Vegas or Clark County.
What if your service is mobile? If you're a plumber, carpet cleaner, mobile detailer or other company that services the whole valley, you'll require a license from every jurisdiction in which you plan to do service. Exactly what does "do business" imply? Anytime you are physically in another jurisdiction and accept payment for your items or services, you are doing company. For food trucks, mobile detailers, professionals, and so on, this can be cumbersome, time consuming, and expensive. I in some cases look out the window, envisioning a world in which you can look for all your licenses in one place with one application, however until that day, be prepared to do some paperwork.
Have a house based business? Many jurisdictions will need you to submit a House Occupation Permit which requires you to acknowledge that you're either the owner of the house or somebody permitted to do business there. Since domestic zoning is, well, property, you'll need to promise that you won't produce a traffic congestion having individuals park in front of your home and you won't start hanging neon signs outside your front door marketing your service. Your next-door neighbors would NOT more than happy. Be sure to check your CC&R s to make sure you can list your house address as a service if you live in a house owner's association.
The expense of your business license varies with the jurisdiction and the type of company it is. Some companies even need background checks and those licenses are normally even more pricey.
Do not forget that it's your entity that's obtaining the business license, not you as an individual. So, it's ABC, LLC making an application for the license, not Adam Charlie. It's really crucial that you stay constant with your organisation name. When listing your company name, don't get lazy and leave off the LLC. On ALL authorities files, you need to note the whole name of your organisation, CONSISTING OF the entity. The entity becomes part of the official name of your business. Be sure you use it, otherwise you will create a snafu across companies that is a real chore to untangle.