Nevada Registered Agent Services | LLC Registered Agent

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If you are trying to form a Nevada LLC, then take note that in this state, starting an LLC requires having a Nevada registered agent who will handle all official paperwork on the LLCs behalf. 

Nevada Registered Agent Requirements

There are certain requirements to fill the role of a Nevada registered agent:

  • The nominee must be more than 18 years old.
  • The individual must have a legal, physical address in the state where the LLC will operate.
  • The individual must be physically present during normal working hours.

How to Choose a Registered Agent?

When you file your Certification of Formation in Nevada, you must nominate a registered agent.  You can either appoint an in-house registered agent (yourself or any LLC member) or outsource a Nevada registered agent service. 

You can elect your registered agent online through the Nevada Secretary of State website. 

Hiring an Inhouse Registered Agent

When hiring an in-house registered agent, make sure the individual is over 18 of age and lives in Nevada.

Can I be my own registered agent?

Yes, you can be your own registered agent. So long as you meet the basic requirements for a registered agent, then you can take on this role for your LLC.

Outsourcing a Registered Agent

You may, instead, get professional registered agent services. Doing so ensures that you will have the best individual to represent your business. Here are three of the best LLC services on our list that will provide you with registered agents to ease your worries. 

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Note that availing of the services of professional registered agents would be your best option since you are guaranteed that whoever is handling your legal affairs knows their stuff well. You will enjoy peace of mind and focus only on running your business, as the ‘professionals’ take care of all legal matters.  

What to Consider when Choosing a Registered Agent

Here are some factors to consider when choosing a registered agent.

  • Service Fee: Since most states require formal businesses to have registered agents, selecting the best-registered agent is critical. Hiring a registered agent service typically costs between $50 and $300 annually. When you consider how much time it will save you, this is a small price to pay.
  • Tenure in Business of Registered Agent: You want the registered agent to have established and time-tested procedures for handling documents that are received.
  • State Jurisdiction Limitation: If your company expands to another state, you should use the same registered agent in all states to reduce the administrative burden of dealing with multiple registered agent service providers.
  • Offer Monitoring and Follow-up Services: You want to receive up-to-date information and alerts from your registered agent as soon as possible so that you are aware of the various statutes, rules, and regulations that apply to your company.

Nevada Business Laws for Registered Agents to Note

Registered Agents are responsible to handle the business laws related to your LLC and other legal issues related to your Nevada LLC. Every state has its own business laws. Nevada is no exception. It has its own set of standard business laws to regulate businesses in the State. Here are some of the important business laws every business should follow in Nevada.

  1. Nevada Civil Statute of Limitations Laws: Every lawsuit must be filed within a specific span of time post the occurrence of the incident as per the Statute of Limitations. In general, the time period for filing a lawsuit in Nevada varies between 2 years to 6 years. Suits for crimes such as injury, slander, fraud, and professional malpractice should be filed within 2 years of the incident, while disputes relating to rents, collection of debts, contracts, and judgements can be filed between 4 to 6 years from the date of dispute.
  2. Nevada Wage and Hour Laws: Employers in Nevada should abide by the Fair Labor Standards Act. The minimum wage of employees in Nevada is fixed at $7.25 per hour with insurance. An employee working overtime should be compensated at least 1.5 times the regular pay rate beyond 40 hours.

    Any employer guilty of violating the wage and hour laws is guilty of misdemeanor and can be punished with imprisonment up to 6 months and a fine up to $1000.
  3. Nevada Antitrust Laws: Antitrust laws regulate and prevent anti-competitive practices in any open market by levying heavy penalties and punishment against such activities. These laws counter the formation of cartels, monopolies, or any barrier created for new entrants in the market. The Nevada Antitrust laws prohibit any agreement in restraint of trade, price-fixing, acquisitions executed to reduce competition in the market, and any unfair methods of competition.

    Any anti-competitive claim should be put forward within 4 years of the incident. The State laws permit a successful plaintiff to recover the Attorneys’ fees. Violation of these laws constitutes Category D felony in the State with imprisonment between 1 to 4 years and fine up to $5000. Civil penalties can also be imposed such as injunction, suspension, and 5% of gross income realized from such prohibited business activities.
  1. Nevada Deceptive Trade Practices Laws: The State of Nevada aims to protect its residents from unfair business practices. Such practices mislead the consumers into investing in invaluable market products by selling them with twisted statements and lies such as false advertising. The laws specifically prohibit false advertising and odometer tampering.

    The remedies available to the plaintiff can range from injunctions, a penalty up to $10,000 for each violation and constitutes misdemeanour and felony, suspension of business and levy of a criminal and civil penalty, damages, and attorney’s fees and costs.
  1. Nevada Interest Rates Laws: All states in the United States have an Interest law for businesses. Normally, the general interest rate guidelines are less than the legal threshold of interest rate. Nevada has laws to limit the interest rates and significantly high-interest rates are considered unlawful and open to criminal prosecution. In general, the State levies the prime rate of Nevada’s largest bank plus 2%. The Interest rate on judgments is fixed at the same general rate plus 2%.
  1. Nevada Pyramid and Ponzi Schemes Laws: Any pyramid or Ponzi scheme is considered illegal in Nevada as they are contrary to the public policy of the State. These schemes are deceptive in nature and participating or organizing such activities is prohibited by the laws of the State. Some common examples include Mail and wire fraud, Commodities, lottery, and securities fraud.

The Registered Agents are the people who act as points of contact between your business and the State Authorities. They assist your business in ensuring compliance with all regulations and codes of the State. Hiring a registered agent in Nevada will help you handle your business in a smooth and legally compliant manner.

How to Remove a Registered Agent for LLC in Nevada

The duties of a registered agent in Nevada are extremely important for your business. Not only does a registered agent receive correspondence from the state, but they also handle litigation documents. It is crucial to make sure that your company’s registered agent follows the proper procedures. Otherwise, you may end up paying fines, penalties, and even face individual liability. The following steps will guide you through the process of removing a registered office in Nevada.

First, you must notify the Nevada Secretary of State that you want to remove your registered agent. Typically, this is done by filing an application for termination. However, if you want to change your agent quickly, you may consider using a registered service. The Nevada Secretary of State’s office will accept a completed Customer Order Form and a Statement of Resignation if you want to remove the registered agent.

Once you’ve filed for your license, you’ll need to change your registered agent. To remove your registered agent, go to the Secretary of State’s website and fill out an online form. The Nevada Secretary of State will need to review your application and confirm that you’d like to remove your registered agent. Then, file the necessary documents with the Secretary of State. Once your application is approved, you’ll be able to change your registered agent in Nevada.

F.A.Qs

Do you need a registered agent for your LLC in Nevada?

All corporations and limited liability companies doing business in Nevada are required by state law to appoint a Nevada registered agent. Nevada registered agents provide a reliable way for the Secretary of State and state courts to contact a corporation or LLC.

Who qualifies to be a registered agent?

A registered agent is simply a person or entity appointed to accept service of process and official mail on your company’s behalf who lives in the state of service and is over 18.

Why should you not act as your own registered agent?

If you intend to be your own registered agent, you may be forced to use your home address (especially if you run a home-based or web-based business), making the address public.

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