Nevada LLC Annual Report: The Annual List Plus Business License
For a Nevada LLC, the annual report is the Annual List of managers or managing members, due at the Nevada Secretary of State by the end of its formation month, every year. That filing also renews the State Business License, so a Nevada LLC’s annual fees come to $350: $150 for the list under NRS 86.263 and $200 for the license under NRS 76.130.
Your next Annual List: date, window and amount
Who Is Named on the Annual List of Managers or Managing Members
The form is short because NRS 86.263 asks for little: the LLC’s name and Nevada file number, then the people who run it.
- People listed
- Each manager with name and title. An LLC without a manager lists all of its managing members instead. Ownership percentages are not part of the list.
- Addresses
- A residence or business address after each name. A list missing one can be refused, and the LLC is then treated as not having filed, with the default rules that follow (NRS 86.269).
- Signature
- A manager, a managing member or another person the LLC authorizes, certifying that the list is true, complete and accurate.
- Declaration
- Signed under penalty of perjury: the LLC has complied with chapter 76 (the State Business License), it knows a false filing is a category C felony under NRS 239.330, and no one is listed to hide who actually runs the company.
Changing managers between two lists has its own price: an amended list within 60 days after the Initial List is free, and a resignation not shown on any list costs $75 to record.
The Initial List at Formation and the First Annual List a Year Later
The Initial List and the first business license ($150 plus $200) go in with the articles of organization when you start a Nevada LLC, not 30 days later as some filing calendars state. NRS 86.263(1) ties the Initial List to the articles, unless the Secretary of State has allowed the LLC an alternative due date.
From then on, only the month counts. An LLC formed on June 3, 2026 owes its first Annual List by June 30, 2027, and the same date every year after; one formed on February 29 files by the last day of February, the 28th in most years.
When Filing Opens: 90 Days Ahead of the Deadline
A fee notice and reminder go out 90 days before each due date (NRS 86.263(7)). The same 90 days set the earliest useful filing date: under NRS 86.263(9), a list received more than 90 days early is treated as an amended list for the previous year.
For the LLC formed on June 3, 2026, whose first list is due June 30, 2027, the calendar runs like this:
If the Secretary of State received that LLC’s list on March 15, 2027, it would be treated as an amended list, and the LLC would still owe the 2027 list by June 30.
Missing the reminder changes nothing: under NRS 86.263(7), “failure of any company to receive a notice does not excuse it from the penalty imposed by law.”
How to Renew the Nevada State Business License: Through the Annual List
The $200 business license fee is paid with the Annual List: NRS 76.130(1)(a) sets it “at the time the person submits the annual list.” Paying the list alone doesn’t work, because an unpaid license fee means the LLC is deemed not to have filed its list, with a $100 penalty on top (NRS 76.130(4)).
An LLC with no customers and no income still owes the license: chapter 76 counts any entity organized under Nevada’s business title as a business “whether or not the entity performs a service or engages in a business for profit” (NRS 76.020). One that claims an exemption files an application for a certificate of exemption with each Annual List instead (NRS 76.105).
The state license also doesn’t replace a city or county business license, which is a separate obligation (NRS 76.100(6)).
Filing the Annual List and License Renewal on ORION
Nevada LLCs file online with the Commercial Recordings Division of the Secretary of State, on the ORION business portal. ORION has replaced SilverFlume, so a SilverFlume renewal link or bookmark now leads there.
- Sign in to ORIONSilverFlume usernames and passwords work on ORION, and the filing history moved with them.
- Open the LLC’s recordLook it up by its NV Business ID, its Entity Number or its name. The record shows the Annual Renewal Due Date and the status: Active, Default or Revoked.
- File the list with the licenseUpdate the managers or managing members and their addresses, then pay $150 plus $200, or $525 once in default.
- Keep the receiptUnder NRS 86.266, proof of payment is the LLC’s certificate to do business until the end of its anniversary month in the following year.
Twelve Months of Default Before the Charter Is Revoked
- Last day of the anniversary month
Due date for the list and the license, $350 in total.
- The next day
The LLC enters default status (NRS 86.272). The list carries a $75 late fee, which the statute calls a penalty, and the license a $100 penalty: the filing now costs $525.
- After default
The Secretary of State sends written notice of the amount owed to the registered agent, not to the owners, electronically if the agent asked for it (NRS 86.274(1)).
- First day of the following month, one year later
Revocation: the LLC loses its charter and its right to transact business (NRS 86.274(2)). For the June 2026 LLC that misses June 30, 2027, that day is July 1, 2028. The managers, or the members if there are none, then hold the LLC’s property in trust.
On ORION, the LLC’s status changes to Default and then to Revoked, next to its Annual Renewal Due Date. The Secretary of State warns that an entity doing business while revoked may face a fine of “not less than $1,000, but not more than $10,000.”
Back Fees, the $300 Fee and the Five-Year Limit
A revoked LLC returns by filing a current list, its registered agent information and a declaration that the return is authorized, then paying each missed year’s list fee and penalty plus a $300 reinstatement fee (NRS 86.276). The license fee and its penalty follow the list for each of those years.
| Due dates missed | Lists, licenses and penalties | With the $300 fee |
|---|---|---|
| 2 (the minimum once revoked) | $1,050 | $1,350 |
| 3 | $1,575 | $1,875 |
| 4 | $2,100 | $2,400 |
| 5 | $2,625 | $2,925 |
The minimum is two years because revocation comes one day after the second missed due date. Reinstatement reaches back to the day of forfeiture, as if the right to do business had never lapsed; if another company registered the name meanwhile, the LLC returns under a new name unless that company consents in writing (NRS 86.278).
After five consecutive years of revocation, reinstatement is no longer available (NRS 86.276(4)). NRS 86.580 describes a separate revival, approved in writing by a majority in interest of the members and charged the fee for forming a new LLC on top of the requirements of NRS 86.276; confirm the current procedure with the Secretary of State before preparing it.
An LLC Formed Elsewhere and Qualified in Nevada
A foreign LLC owes its list by the end of the month in which it qualified to do business in Nevada, whatever its formation date at home (NRS 86.5461). The fees match a Nevada LLC’s: $150 for the list and $200 for the license, since the $500 license rate applies only to corporations.
The late rule is worded differently. NRS 86.5465 adds the $75 penalty and ties the loss of the right to do business to the anniversary month, so the calculator above stops at the default amount for a foreign LLC instead of guessing a date. Reinstatement under NRS 86.5467 also costs the back fees plus $300, and it closes once the right has stayed forfeited for 5 consecutive years.
Nevada Franchise Tax? Only the Commerce Tax, Above $4 Million
The Secretary of State’s LLC fee schedule has no annual tax line. The tax measured on revenue is the Commerce Tax, handled by the Department of Taxation. It applies only when Nevada gross revenue exceeds $4,000,000 in the fiscal year ending June 30, and since the 2018-2019 year a business at or below that amount files no return (Commerce Tax FAQ).
Above the threshold, the return is due 45 days after June 30, normally August 14, or the following business day if August 14 is a weekend or holiday. Below it, the yearly state cost is the $350 list and license.
