Nevada LLC Tax Filing Requirements (2026)

Q: Does a Nevada LLC pay state income tax?

No. Nevada imposes neither a personal income tax nor a corporate income tax, so a Nevada LLC files no state income return. Members report their share of profit on their federal return and on any other state's return where they are resident or where the LLC has nexus. Nevada's charges are flat fees, not income taxes.

Q: How much does a Nevada LLC pay the state each year?

The standard recurring cost is $350: a $150 annual list of managers or managing members plus a $200 state business license, both filed with the Nevada Secretary of State. The state business license fee is in addition to the annual list fee. Both are due on the last day of the LLC's anniversary month.

Q: When must a Nevada LLC file the Commerce Tax return?

Only if its Nevada gross revenue exceeds $4,000,000 in the taxable year running July 1 to June 30. The return is then due 45 days after the June 30 year end, generally August 14. NRS Chapter 363C states the Department will not require a return from an entity at or below $4,000,000.

Q: What is the penalty for filing the Nevada annual list late?

NRS Chapter 76 provides that a business that fails to submit the annual state business license fee by the due date pays a $100 penalty in addition to the fee. Late filings also put the LLC out of good standing, which blocks certificates of good standing and can lead to revocation of the charter.

Q: Does a Nevada LLC with no activity still owe fees?

Yes. The annual list and state business license are flat charges that do not depend on income or activity. A dormant Nevada LLC owes the same $350 as an operating one. The only way to stop the obligation is to dissolve the LLC properly with the Secretary of State.

Q: Do I need a separate local business license in Nevada?

Usually yes. The $200 state business license from the Secretary of State is separate from city and county business licenses, which are issued where you operate and carry their own fees and renewal dates. Check with the specific city or county before assuming the state license is sufficient.

Fact-checked by the LegalGlass editorial team against primary sources · Published Aug 20, 2026 · Last updated Aug 20, 2026

Nevada imposes no personal or corporate income tax, so a Nevada LLC files no state income return. Its recurring state obligations are the $150 annual list and the $200 state business license paid to the Secretary of State, plus Commerce Tax only if Nevada gross revenue exceeds $4,000,000 in the fiscal year.

Quick Answer

State income tax: None - Nevada levies no personal or corporate income tax
Annual list: $150, filed with the Nevada Secretary of State
State business license: $200 per year, filed with the annual list
Due: Last day of the LLC's anniversary month
Commerce Tax: Only if Nevada gross revenue exceeds $4,000,000 in the fiscal year
Commerce Tax due: 45 days after the June 30 fiscal year end
Late penalty: $100 for a late state business license fee under NRS 76

Nevada Has No State Income Tax

Nevada does not impose a personal income tax or a corporate income tax. A Nevada LLC therefore files no state income tax return on its profits, and members report their share of income only on their federal return and on any other state's return where they are resident or where the LLC has nexus. That is the single largest reason Nevada appears on lists of tax-friendly states.

What Nevada charges instead are flat, entity-level fees collected by the Nevada Secretary of State and, above a high revenue threshold, a gross-revenue Commerce Tax collected by the Nevada Department of Taxation. Neither depends on profit. A Nevada LLC with no income still owes the annual list and license.

Annual List and State Business License

Every Nevada LLC must file an Annual List of Managers or Managing Members and renew the State Business License. The Secretary of State charges $150 for the annual list and $200 for the state business license, so the standard recurring total is $350 per year. The state business license fee is in addition to the initial or annual list fee, not included in it.

Both are due on the last day of the anniversary month in which the LLC was originally filed. For Title 7 entities, including LLCs, the state business license renewal date coincides with the annual list due date and is filed as part of the same submission. NRS Chapter 76 provides that a business failing to submit the annual fee by the due date pays a $100 penalty in addition to the fee.

Obligation	Agency	Amount	Timing
Annual list of managers/members	Secretary of State	$150	Last day of anniversary month
State business license	Secretary of State	$200	With the annual list
Late state business license fee	Secretary of State	$100 penalty	If paid after the due date
Commerce Tax return	Department of Taxation	Rate varies by NAICS category	45 days after June 30
State income tax	-	None	-

Commerce Tax: The $4,000,000 Threshold

The Commerce Tax under NRS Chapter 363C applies to business entities whose Nevada gross revenue exceeds $4,000,000 in a taxable year. The taxable year runs July 1 through June 30. The return is due 45 days after the June 30 fiscal year end - August 14 in an ordinary year, moving to the next business day when that falls on a weekend or holiday.

The statute is explicit that the Department shall not require a business entity whose Nevada gross revenue for a taxable year is $4,000,000 or less to file a return for that year. In practice that means the overwhelming majority of small Nevada LLCs never file a Commerce Tax return at all. Rates above the threshold vary by the business category assigned from its NAICS code, so an entity crossing $4,000,000 should confirm its category with the Department of Taxation.

Modified Business Tax and Sales Tax

Two more Department of Taxation obligations depend on how the LLC operates rather than on how much it earns. An LLC with employees on a Nevada payroll is subject to the Modified Business Tax, Nevada's payroll tax, and must register accordingly. An LLC selling tangible personal property in Nevada needs a sales and use tax permit and files periodic sales tax returns.

Both are separate from the Secretary of State filings. An LLC can be perfectly current on its annual list and still be delinquent on sales tax, or vice versa. Confirm the current rates, thresholds, and filing frequencies directly with the Department of Taxation, which assigns filing frequency when you register.

Federal Filing for a Nevada LLC

Because Nevada collects no income tax, the federal return is where a Nevada LLC's profit is actually taxed. Default classification applies: a single-member LLC is disregarded and reports on Schedule C of the owner's Form 1040; a multi-member LLC is a partnership and files Form 1065 with Schedule K-1s to members. Owners active in the business generally owe self-employment tax on their share.

An LLC may instead elect corporate treatment by filing Form 8832, or S corporation treatment by filing Form 2553. That election changes federal payroll and return obligations but does not create a Nevada income tax where none exists. See S-corp election in Nevada, S-corp vs LLC, and self-employment tax in Nevada.

Common Nevada Filing Mistakes

Assuming "no income tax" means "no filings." The $350 annual list and license package is owed regardless of revenue or activity.
Missing the anniversary month. Nevada does not use a single statewide date; each entity has its own deadline tied to its original filing month.
Confusing the state business license with a local license. Cities and counties issue their own licenses on top of the state one - see Nevada business license.
Registering in Nevada while operating elsewhere. A Nevada LLC that actually does business in another state usually must register there as a foreign LLC and pay that state's taxes anyway.
Ignoring the registered agent. Nevada requires a registered agent at all times - see Nevada registered agent requirements.

Nevada LLC Filing Calendar

Build the year around three dates. First, the LLC's anniversary month, when the $150 annual list and $200 state business license are due to the Secretary of State. Second, the federal return date for the LLC's classification - March for a partnership return, April for a Schedule C filer, adjusted for extensions. Third, August 14, but only if Nevada gross revenue crossed $4,000,000 in the fiscal year ending June 30.

Everything else is triggered by activity: payroll registration for Modified Business Tax, a sales tax permit if you sell goods, and local licensing where you operate. For the formation side of the picture, see how to form an LLC in Nevada, Nevada LLC cost, and Nevada annual report requirements.

Frequently Asked Questions

Does a Nevada LLC pay state income tax?

No. Nevada levies no personal or corporate income tax, so there is no state income return for the LLC or its members' Nevada-source income.

How much does a Nevada LLC pay the state each year?

$350: a $150 annual list plus a $200 state business license, both due on the last day of the anniversary month. See Nevada LLC cost.

When must a Nevada LLC file the Commerce Tax return?

Only above $4,000,000 in Nevada gross revenue for the July 1 - June 30 year; the return is then due 45 days after June 30.

What is the penalty for filing the Nevada annual list late?

NRS 76 sets a $100 penalty for a late annual state business license fee, and the LLC loses good standing until it is current.

Does a Nevada LLC with no activity still owe fees?

Yes. The fees are flat and activity-independent. Only a proper dissolution ends them - see Nevada dissolution.

Do I need a separate local business license in Nevada?

Usually. City and county licenses are separate from the state license - see Nevada business license.

Sources

Nevada Secretary of State - State Business License Requirements ($200 fee; renewal with the annual list).
Nevada Secretary of State - State Business License FAQ (due on the last day of the anniversary month).
Nevada Secretary of State - Forms & Fees ($150 annual list for an LLC).
Nevada Legislature - NRS Chapter 76, State Business Licenses ($100 late penalty).
Nevada Department of Taxation - Commerce Tax ($4,000,000 threshold; return due 45 days after June 30).
Nevada Legislature - NRS Chapter 363C, Commerce Tax.
Nevada Department of Taxation - Commerce Tax FAQs.
IRS - Limited Liability Company (LLC).
IRS - About Form 2553 (S corporation election).
IRS - Self-Employment Tax.
Legal Information Institute (Cornell) - 26 CFR 301.7701-3.

LegalGlass provides general information for educational purposes and is not legal advice, is not a law firm, and is not a substitute for advice from a licensed attorney or tax professional. Laws, fees, and thresholds change; verify current amounts with the Nevada Secretary of State and the Nevada Department of Taxation before acting.