Side-by-side comparison for Georgia owners considering Nevada.
Cost comparison
Nevada: $425 year-one ($75 Articles + $150 Initial List + $200 State Business License). $350/yr ongoing ($150 List + $200 License). Georgia: $100 state filing + $50/yr AR (if any). Nevada is one of the most expensive states for ongoing LLC maintenance.
Asset protection
Nevada: explicit charging-order-as-sole-remedy statute including SMLLCs. Restricted Series LLC available for multi-property portfolio asset isolation. One of the four strongest asset-protection states (with WY, NM, DE).
Privacy
Nevada: members not on Articles, but managers must be listed on the Initial and Annual List of Managers (public). Less anonymous than Wyoming or New Mexico but more than Georgia.
No state income tax
Nevada has no state personal income tax. Note: this benefit only applies if you live in Nevada. If you live in Georgia and operate from Georgia, you owe Georgia state income tax on LLC income regardless of where the LLC is formed.
When Nevada wins
You want strongest possible asset protection AND no state income tax (if Nevada-resident). You are forming a portfolio holding entity (Series LLC structure). You operate businesses in multiple states and want a Nevada master with operating LLCs elsewhere.
When Georgia wins
You operate locally in Georgia. The Nevada $350/yr ongoing cost + dual-state foreign-LLC overhead in Georgia usually outweighs the asset-protection benefit unless you specifically need Nevada's statute.
A clean handoff, in 5 steps.
Define the asset-protection need
Nevada is most-valued for asset protection. If that is not your primary goal, the higher cost is hard to justify.
Run the cost math
Nevada: $425 year-one + $350/yr ongoing + ~$99/yr Nevada Registered Agent. Georgia: lower than Nevada in most cases.
Consider WY or NM as cheaper alternatives
Wyoming and New Mexico offer similar (Wyoming) or comparable (NM) asset protection at much lower cost. For pure asset-protection holding entities, WY/NM are often the better pick than Nevada.
Verify your residency situation
Income tax follows where you live. Forming in Nevada does not avoid Georgia state income tax if you live in Georgia.
Pick and form
If Nevada: we form your NV LLC + Nevada Registered Agent + handle the Initial List + State Business License. If Georgia: we form your Georgia LLC. Our service fee is $0 either way.
Formation is free. Everything else is optional.
We do not charge a service fee to form your LLC or Corporation. State filing fees still apply and pass through at cost. Add the Compliance Bundle to handle the year-one filings everyone needs.
- LLC or Corporation formation (any state)
- EIN application with the IRS
- Articles of Organization or Incorporation drafted and filed
- Free BOS dashboard for ongoing visibility
- Filing receipts to your document vault
- Everything in Free Formation (no add-on fee)
- Registered Agent service in your state (1 entity)
- Annual Report AutoFile, filed every year on time
- Certificate of Good Standing (1 included per year)
- 1 Amendment included per year (address, member, name)
- Operating Agreement (LLC) or Bylaws (Corp)
- Deadline monitoring across all your filings
Common questions.
Should I form my LLC in Nevada or Georgia?
Form in Nevada if you specifically need charging-order-as-sole-remedy asset protection and you can absorb the $350/yr ongoing cost. Form in Georgia if you operate locally and don't need Nevada-specific asset protection statutes.
Why is Nevada's annual cost so high?
Nevada charges $150 for the Annual List of Managers PLUS $200 for the State Business License — both required for every LLC every year regardless of activity. Total recurring state fees of $350/yr are among the highest in the country.
Is Nevada's asset protection actually stronger than Georgia?
For SMLLC asset protection: yes. Nevada explicitly designates charging order as the SOLE remedy by statute, including for single-member LLCs. Most states do not extend this protection to SMLLCs.
Does forming in Nevada save me state income tax?
Only if you actually live in Nevada. Income tax follows residency, not state of formation. If you live in Georgia and operate from Georgia, you owe Georgia tax on LLC income regardless of Nevada formation.
What is the Nevada State Business License?
A separate annual license issued by the Nevada Secretary of State, required for every Nevada LLC regardless of activity. $200/yr. Distinct from operating business licenses required at the city / county level.
Does Nevada offer Series LLCs?
Yes. Nevada Restricted Series LLC allows multiple protected series under a single master. Popular with multi-property real estate investors who want statutory series shielding combined with Nevada's strong asset-protection regime.
Can I move my Georgia LLC to Nevada?
Yes via domestication (where Georgia allows outbound) or merger. The Nevada inbound paperwork is Articles of Domestication or Articles of Merger.
How does Nevada compare to Wyoming for asset protection?
Both have charging-order-as-sole-remedy statutes including SMLLCs. Nevada has $350/yr ongoing cost; Wyoming has $60/yr. Wyoming is meaningfully cheaper for similar asset protection. Most asset-protection planners pick Wyoming over Nevada for the cost differential.
What documents are required for Nevada LLC formation?
Articles of Organization (the main filing), Initial List of Managers (filed simultaneously with $150 fee), State Business License Application ($200 fee). All three required at formation. Annual renewal of the List and License at $350 total.
Where to next?
Every filing connects into your File.Business operating system. Pick where to go from here — we keep the rest tracked.