Annual List and State Business License for a Nevada corporation
Nevada corporations file an Annual List of Officers and Directors plus a State Business License renewal with the Secretary of State under NRS § 78.150 in the corporation's anniversary month. Combined cost is $650 minimum ($150 annual list + $500 state business license), making Nevada one of the more expensive US states for ongoing maintenance.
| NRS § 78.150 | Annual list and state business license required |
|---|---|
| Filing authority | Nevada Secretary of State, Commercial Recordings Division |
| Form | Annual List of Officers and Directors + State Business License |
| Deadline | Last day of anniversary month |
| Filing fee | $150 annual list + $500 state business license = $650 minimum |
| Late consequences | $75 + $200 penalty; revocation of business license |
| Reinstatement | NRS § 78.180 within 5 years |
- Filed with the Nevada Secretary of State at silverflume.nv.gov
- Two filings combine: Annual List of Officers and Directors ($150) and State Business License ($500)
- Due by the last day of the corporation's anniversary month
- Late filing triggers $75 + $200 penalties; sustained delinquency revokes the business license
- Reinstatement available within 5 years under NRS § 78.180
What NRS § 78.150 requires
Section 78.150 of the Nevada Revised Statutes requires every Nevada corporation to file an Annual List of Officers and Directors with the Secretary of State by the last day of the corporation's anniversary month. The list confirms the names and addresses of the president, secretary, treasurer, and all directors. Nevada combines the annual list with the State Business License renewal under NRS § 76.130, which is a separate $500 fee added to the $150 annual list fee.
The State Business License: Nevada's distinctive cost
Nevada's State Business License is unusual: most US states do not require a corporation to maintain a separate state-level business license. The $500 annual fee applies regardless of whether the corporation actually does business in Nevada, which makes Nevada more expensive than its reputation as a 'corporate-friendly' state would suggest. Combined with the $150 annual list, the minimum annual cost in Nevada is $650, which is among the higher US states for ongoing maintenance (matched only by Maryland's $300 and California's $800 minimum franchise tax).
Penalties and revocation
Late filing triggers a $75 penalty on the annual list plus a $200 penalty on the business license. Sustained delinquency results in revocation of the business license, which prevents the corporation from doing business in Nevada and may affect transactions requiring a Certificate of Good Standing. Reinstatement under NRS § 78.180 is available within five years and requires filing all delinquent filings, paying all penalties, and curing the underlying defaults.
What's distinctive about Nevada
Nevada's combination of the State Business License plus annual list creates the highest baseline annual cost among states that lack a franchise tax. The trade-off is Nevada's strong charter-protection features (no corporate income tax, strong indemnification provisions, and Nevada-friendly courts), which historically attracted asset-protection structures. For closely-held corporations without active Nevada operations, the $650 annual cost is a meaningful ongoing expense that should be weighed against the perceived benefits of Nevada incorporation. Many holding companies that initially incorporated in Nevada have redomesticated to Wyoming or Delaware over the past decade to reduce ongoing costs.
Octelligence tracks the annual return deadline alongside every other corporate obligation, prompts ahead of the due date, and stores the filed return in the minute book so the corporate registry record matches the internal record.
See Digital Corporate RecordsFilings calendar, jurisdiction-aware deadlines, and a record of every return filed in the corporate records.