All You Need To Know About Your Nevada Corporation Application

File Your Application Today - Enjoy The Benefits of Nevada Tomorrow!

January 3, 2005
By Tom SeFack

A Nevada corporation application is not overly complicated to file in case you know exactly what you are doing, otherwise it is best to use the services of specialized incorporation service company.

The desired name of the company is best to check for availability before including on your application, to avoid any delays coming from possible use of already existing name or a name similar to an existing one. There is no minimum capital requirement. Total number of shares multiplied by par value makes total capital, and the state filing fee depends on it, starting at $75 for capital $75,000 or less.

Details for the first director need to be enclosed to the application, including first and last name, and complete address. The same for the registered agent, must be a resident of Nevada, most Nevada corporation registration services also offer the service of registered agent for a small fee.

Your corporation registration agent will prepare the Articles and all the paperwork for you and submit to the Secretary of State for processing. Regular filing takes up to 4 weeks while 24-hour expedite service is available for urgent needs. $150 surcharge applies for expedite services.

Once your corporation application is processed and company setup, you will need to make an application for a tax ID number (EIN), and send an Initial List of Officers, Initial List of Managers, Initial List of Directors, and/or Initial List of Members (where applicable) to the Secretary of State's office together with an appropriate fee (different fees for different kind of entities).

Often the application for a bank account directly follows the forming of corporation and most banks will ask for the Initial List to open a bank account, though there are some that don't. If you want to save the time needed to file the Initial List, make sure your resident agent offers filing of Initial List services and use them at the time of filing for corporation, otherwise it could take up to 2 weeks of processing time.

 






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