Nevada Administrative Code Chapter 76 - State Business Licenses
Nevada Administrative Code (NAC) – Chapter 76: State Business Licenses
This chapter governs the administration, issuance, renewal, and enforcement of state business licenses in Nevada. It supplements the statutory provisions found in Nevada Revised Statutes (NRS) Chapter 76.
🔹 Key Provisions of NAC Chapter 76
1. Applicability and Definitions
Provides clarification on terms used in the context of state business licensing (e.g., “business,” “nonprofit,” “exempt”).
Defines who is required to obtain a state business license and under what circumstances.
2. Exemptions
Specifies criteria for exempt entities, such as:
Nonprofits organized under 501(c) of the Internal Revenue Code.
Certain government agencies or instrumentalities.
Provides procedural details on applying for and renewing exemptions.
3. Application Process
Details the method for applying for a business license via:
The Secretary of State’s online portal.
Paper forms (less common).
Outlines required information such as:
Business name.
Registered agent.
Type of entity.
Physical and mailing address.
4. Fees and Payments
Confirms the annual state business license fee:
Generally $200 for most entities.
$500 for corporations (subject to updates).
Explains due dates and proration in certain cases.
5. Renewals
Requires annual renewal of licenses by the last day of the anniversary month of initial issuance.
Late renewals are subject to penalties and possible administrative dissolution or revocation of status.
6. Penalties and Enforcement
Outlines penalties for:
Failure to obtain or renew a license.
Submitting false or misleading information.
Describes enforcement authority of the Nevada Secretary of State and possible administrative actions.
7. Recordkeeping and Notifications
License holders must:
Maintain updated business records.
Notify the Secretary of State of changes to business name, address, or entity structure.
🔹 Related Agencies and Statutes
Nevada Secretary of State (NVSOS): Main regulatory agency for issuance and compliance.
NRS Chapter 76: Provides the statutory foundation for NAC 76.
NAC Chapter 77: Addresses related corporate and entity filing requirements.
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