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Incorporate in Nevada - State Requirements

It is time well spent for you to research if your company will be better served by incorporation in a different state, other than your home state, before you move forward with plans to incorporate in Nevada. The law does not require that you incorporate your business in the state where your business is headquartered.

Because the state of Delaware provides the most progressive, supportive and inexpensive system for the formation of business entities, many experts recommend that you consider incorporation in Delaware, before you settle on registration in your home state. In fact, at least 50% of all Fortune 500 companies incorporate in the state of Delaware. For those companies the streamlined corporate bylaws, anonymity and tax benefits of Delaware are important business factors.

Whether incorporating in Delaware would have a significant impact on the operations of your company is an issue that you should explore before making a final business decision. We recommend that you read the "Incorporate in Delaware" article on this site. Then, either continue with your review of this article, and other steps to incorporate in Nevada, or begin the simple procedures that exist to carry out your incorporation in Delaware.

Nevada Name Search, Selection and Registration

A name search is a mandatory requirement of the company-name registration process. Upon conclusion of the name search, any proposed name for a new corporation that is a duplicate of the name for an existing corporation will be denied registration. Following the same guidelines, any proposed name for a new corporation that can be construed as or mistaken for an existing domestic or foreign corporation will also be denied registration. In certain circumstances, if written consent is obtained from a company using a name, or a person with that name, permission to use the existing name may be granted.

The Nevada Banking Superintendent or Insurance Commissioner must pre-approve any name that implies a trust, banking or insurance business

The word "Incorporated," "Corporation," "Company," "Limited," or an abbreviated version of any of these signifiers must be included as part of the incorporated business name. In addition, any company name that can be construed as the name of an actual person, or as the initials of an actual person, must always be followed by one of the above business entity signifiers, or some other identifying term.

Nevada Incorporation, Board and Operations Requirements

  • The S Corporation is a recognized entity.
  • Revision of the initial filing fee may occur if shares or par value increases.
  • The Board must have a minimum of one director.
  • A place-of-residence requirement is not imposed.
  • A director must be 18 years of age, or older, and a natural person (human being).
  • Articles of incorporation do not require names of directors to be listed.
  • Articles of incorporation do not require names of corporate officers to be listed.
  • A copy of the stock ledger (or a written explanation of its exact location), as well as the articles of incorporation, amendments and bylaws, as certified by the Secretary of
  • State, must be kept at the main corporate headquarters.

    If you want to learn more about the procedures that must be followed to incorporate in Nevada, you can read detailed articles on this site that explain how to select a business entity, as well as articles that outline the step-by-step process of incorporation.


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