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How Much Does It Cost to Incorporate in Nevada
The price involved in incorporating in a place is considered cautiously so as to make more profit and save assets. The cost of incorporating in Nevada is relatively low but it isn’t one-fee-fits-all. The dollar costs are different depending on the initial share value whether you are for a nonprofit or a profit corporation. The Secretary of State Office in Nevada doesn’t offer any distinctions between the fees required for an S-corporation or a C-corporation. You can skim the details of such specifications from the state’s Silver Fume portal. You can find fees required to start a corporation in Nevada as follows:
Articles of Incorporation
The fee required for incorporating a non-profit corporation during the time of writing charges $50 and $25 to record the list of officers and directors. A profit-corporation’s fees for filing the articles of incorporation vary by the total value of authorized shares stated in the articles. For instance, the following conditions are given to specify the vales and their fees:
- If an initial value is up to $75,000 then the fee required is $75
- Shares ranging between $75,000 and $200, 000 imply $175 fee
- Above $200,000 share, the fee rises to $275 and then to $375 for $500, 000
- For above $1 million, the fraction of half a million or every half million rises the fee by $275
- The maximum fees is $35,000
Expedite Fee
You are offered a flexibility of an expedited fee when you are hurrying to incorporate in Nevada. An expedite period begins as your documents arrive at the State’s Secretary Office. The following are the expedite cases and their fee specified with varying time limits:
For A Non-Profit Filing
- A one-day turnaround with Expedite costs an extra $25
- Two-hours filings costs an extra $500
- And one-hour Expedite filing costs an extra $1000
For-Profit-Corporation Filing
- A one day Expedite filing costs $125
- The rest of the two or one hour turnaround is the same as aforementioned rates
Filling out the Articles of Incorporation
As you submit your articles of incorporation to start a Nevada Corporation, you are required to state par value, number of shares, number of shares excluding par value, and face value of your shares. You are required to state the name and addresses of the board of directors, resident agent (along with written and signed consent), and the registered office details. Any missing or wrong details may later file penalties against you.