Nevada State Law

Nevada requires most businesses to obtain a State Business License from the Secretary of State before conducting business. The annual fee is $200 for most entities and is filed as…

Source: NV Secretary of State

Nevada employers who pay $225 or more in wages in any calendar quarter must register with the Department of Employment Training and Rehabilitation for unemployment insurance. New employers pay a…

Source: NV Department of Employment Training and Rehabilitation

Nevada minimum wage is $12.00 per hour as of July 1, 2024, applicable to all employees regardless of whether health benefits are offered. Nevada eliminated its two-tier minimum wage structure…

Source: NV Office of the Labor Commissioner

Nevada employers must provide workers compensation coverage for all employees. Coverage may be obtained through a private insurer, the Employers Insurance Company of Nevada, or through self-insurance with state approval.…

Source: NV Department of Business and Industry

Nevada professional licensing is administered by multiple boards and agencies under the Department of Business and Industry. Licensed professions include contractors, engineers, accountants, real estate agents, and healthcare providers. License…

Source: NV Department of Business and Industry

Nevada requires all contractors performing work valued at $1,000 or more to be licensed by the State Contractors Board. Licensing requires passing an exam, demonstrating financial responsibility, and maintaining a…

Source: NV State Contractors Board

The Nevada Governor Office of Economic Development (GOED) administers grant and incentive programs for Nevada businesses, including the Moving2Nevada program for relocating businesses and the Nevada SBIR/STTR Matching Grants for…

Source: NV Governor Office of Economic Development

The Nevada Catalyst Fund provides gap financing loans of up to $500,000 to Nevada small businesses that cannot fully access conventional bank financing. Funds may be used for equipment, real…

Source: NV Governor Office of Economic Development

Home-based businesses in Nevada are regulated by local city and county zoning ordinances. Most jurisdictions permit home occupations as an accessory residential use subject to restrictions on signage, customer traffic,…

Source: NV Department of Business and Industry

Nevada LLCs are formed by filing Articles of Organization with the Secretary of State and paying a $75 fee. LLCs must also file an Initial List of managers or members…

Source: NV Secretary of State

Nevada corporations are formed by filing Articles of Incorporation with the Secretary of State with fees starting at $75 based on authorized shares. Corporations must file an Initial List of…

Source: NV Secretary of State

Nevada LLCs and corporations must file an Annual List of officers, directors, or managers with the Secretary of State each year by the last day of the anniversary month of…

Source: NV Secretary of State

Nevada does not impose a corporate income tax or a personal income tax, making it one of the most tax-favorable states for business formation. Business activity is subject to the…

Source: NV Department of Taxation

Nevada imposes a Commerce Tax on businesses with Nevada gross revenue exceeding $4 million per fiscal year. Rates vary by industry from 0.051% to 0.331%. Businesses below the $4 million…

Source: NV Department of Taxation

Nevada imposes a Modified Business Tax (MBT) on employer payroll. The general business rate is 1.378% on wages exceeding $50,000 per quarter after deducting health care contributions. Financial institutions pay…

Source: NV Department of Taxation

Nevada imposes a state sales tax of 4.6% on retail sales of tangible personal property, with county and other taxes bringing combined rates to between 6.85% and 8.375%. Businesses making…

Source: NV Department of Taxation