New Incorporations Increasing in Nevada

According to the Quarterly Business Report from Nevada Secretary of State Ross Miller posted on April 14, 2011, new entity filings in Nevada for the first quarter of 2011 have increased by 11.6% over the first quarter of 2010. The most significant increases were in filings for new Limited Liability Companies (LLCs) with 1,382 more LLCs filing as new entities in Nevada in the first quarter of 2011 than in the first quarter of 2010.

Business Licensing Transfer of Power

The 2009 Nevada Legislature has taken further steps to consolidate responsibilities for business licensing in the office of the Nevada Secretary of State. Pursuant to Nevada Assembly Bill No. 146, the authority to issue state business licenses will be transferred from the Nevada Department of Taxation to the Nevada Secretary of State's office. The transfer will be effective on October 1, 2009. This transfer of responsibilities moves Nevada one step closer to the Delaware one-stop-shopping model for businesses.