Las Vegas is a vibrant city full of life with an amazing
community of entrepreneurs. This makes it one of the best places to start your
own business! But even if you are ready to begin pulling in customers and
become a staple company in Las Vegas, it’s important to make sure you are
following all the right legal procedures. One of the first things every
business should do is register with the state of Nevada. Here are the steps you
need to follow to get registered.
Registering a Business
Choose a business name
Make sure the name you pick for your new
business is unique and distinguishable from any other business in Nevada. Be
wary of following trademark laws! The Nevada Secretary of State’s office has a database in which all Nevada
businesses are registered, so you don’t have to guess whether your name is too
similar to another business.
If you would like to register your business under
a “fictitious name” (such as creating a “doing business as,” or “dba” name),
Nevada requires you to fill out an application and submit it to the county
clerk’s office. Filing for a dba costs around $20.00.
your entity and apply for a Nevada state business license
The different types of businesses and their
requirements for obtaining licensing are listed in the section below.
an Employer Identification Number
Apply for an EIN on the IRS website in order to
ensure your business is paying its taxes accordingly and protecting you from
with the Nevada Department of Taxation
Although Nevada does not enforce state taxes, it
is still necessary to apply for a tax
permit, whether it is a sales tax permit (for the sale of tangible goods)
or a consumer use tax permit (for any other business that does not sell
for a city business license (or licenses)
Applying for city business licenses can be difficult,
since the first step is identifying which city in which your business is
located. In Nevada, this is tricky since the lines that separate the City of Henderson,
Boulder City, the City of North Las Vegas, the City of Las Vegas, and Clark County
are tough to decipher. Check the Nevada jurisdiction locator (be sure
to look only at the “jurisdiction field”) to determine where your business will
operate. From here, you must determine where to file for your license, based on
your location. (It is even more complicated for mobile businesses like plumbers
or dog groomers—they are required to file for licenses in every city in which
they plan to do business!)
Determine Your Type of Business
There are multiple types of business you can register, so
here are some ways to determine what you qualify for:
Corporations: A corporation is a group of
people working together on a business that are legally permitted to act as a
single entity. It means the business functions on its own separately from any
other businesses. A person could own two corporations individually from one
another, so one corporation does not affect the other. Corporations can be
publicly traded and give limited liability in the event of a lawsuit. This
means the business itself would be liable for any costs related to a suit, as
opposed to the individuals who own it. To file as a corporation, you’ll need to
file Articles of Incorporations with the Nevada Secretary of State’s office.
Limited-Liability Company (LLC): An LLC
provides a business with the limited liability that is similar to a corporation
while also allowing for pass-through taxation, meaning the taxes pass through
to the owner instead of the business getting taxed separately for profits. The
Nevada Secretary of State requires a new business owner to file Articles of
Organization to register as an LLC.
Limited Partnership: A limited
partnership would be required if your business has multiple owners and one of
those owners is responsible for the majority of the liability for the business.
Other partners are not liable, yet they are still able to own or manage the
business in conjunction with the liable owner. If this is the type of business
you are interested in registering, be sure to file a Certificate of Limited
Partnership with the Nevada Secretary of State and include the list of
managers, members, officers, and/or partners in order to receive your state
Sole Proprietor/General Partnership:
Generally, any individual working in exchange for pay, such as a freelance
photographer or a contracted writer, is going to fall within this category. The
disadvantage to working as a sole proprietor is that there is no legal safety
net keeping the individual’s assets separate from the business. A sole
proprietor/general partnership is not required to file for a business
registration like the above companies are. Instead, only a notice of exemption
or a business license is required.
Fortunately, the state of Nevada makes it very easy to
register for these types of businesses. Most of these forms can be filled
out online, but you can still send in a paper copy if you’d prefer.
Check on Licensing and Zoning
When registering your business, you’ll want to make sure it
is able to legally function. Before you sign a lease on a space or start
working, check the Nevada zoning laws for the area in which you will be working
to ensure your business is able to function in that spot. Clark County has a
that details the steps for zoning a new business.
It is also important to make sure you have all licensing
required to operate whichever type of business you’ve registered as. This would
include making sure you have health permits in the case of a restaurant, for
example. You will also need to insure your business properly and obtain all
employee paperwork necessary for the future. The Small Business Advice website
of Nevada delineates all the information
you’ll need for these.
So You’ve Started Your Business!
Now that you’ve registered and obtained all your licensing,
you’re ready to do business! Congratulations! The next step is considering your
business’ utilities and telecommunications services. Don’t worry! Equiinet is
here to take care of all your
telephone and internet
needs. We provide excellent products and services at an affordable rate, so you
can operate your company efficiently, without giving a second thought to
network security or data storage. Give Equiinet a call today to see how we can
help make your new entity a success! You deserve it after all that hard work!