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Tuesday, July 14, 2015

Nevada Secretary of State Fees to Increase under SB 483- Effective July 1, 2015

Pursuant to SB 483 of the 2015 Nevada Legislature, effective July 1, 2015, certain Nevada Secretary of State fees will change as follows:

What does this mean for you?

For many of our clients who have Limited Liability Companies (rather than Corporations), the fees will only increase $25.00 annually.  For those with Corporations (or other entities listed above), the fee increase will be more drastic- a $500.00 fee for the state business license plus a $25.00 increase in filing fees.

Some clients may wish to explore converting their existing entity structure from a Corporation to an LLC, as appropriate.  As always, please feel free to contact us with any questions or concerns!

-Tiffany Ballenger, Esq. 

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