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Nevada Business Entity Search: A Complete Guide to SilverFlume

Nevada Company Registry Data: A Complete Guide to the SilverFlume Business Search

Nevada has spent thirty years marketing itself as America’s corporate privacy haven — no state income tax, famously strong liability shields, Las Vegas billboards promising anonymity. So here is the surprise at the heart of this guide: Nevada’s public register names its people. Every corporation files an annual list of its officers and directors; every LLC files an annual list of its managers or managing members; and the Secretary of State’s free search lets you look entities up by officer name — a person-search that Delaware, New York, and most of the “open” states don’t offer. The privacy state publishes more about who runs its companies than the states with none of the reputation.

And right now, Nevada’s register is the most closely watched in the country — because of who’s arriving. The “Dexit” wave of reincorporations out of Delaware has made Nevada its chief beneficiary: TripAdvisor, Dropbox, Roblox, Pershing Square, Affirm, The Trade Desk, Neuralink and Andreessen Horowitz are among the names that have moved or announced moves, a 2025 corporate-law overhaul (AB 239) sharpened the pitch, and a dedicated business court is being stood up to challenge Delaware’s Chancery head-on. Nevada records that were once mostly shell-company trivia now anchor some of the most valuable counterparties in America.

This guide explains exactly what Nevada company data exists and where: what the free SilverFlume search returns, how the annual list and the state business license work, what the $425 formation stack buys, why “no income tax” doesn’t mean “no obligations”, what the register still won’t tell you about owners, and how the Dexit era changes what a Nevada record means. For the equivalent guides to comparable registries, see Delaware — America’s most opaque register, California’s bizfile Online, Florida’s Sunbiz, Wyoming LLC verification, the US Secretary of State entity search, and UK Companies House.

By name
Search entities by officer or registered agent — a person-search most states don’t offer
$425
The real cost to form an LLC — articles, initial list of managers & state business license
$0
State income tax — personal or corporate; the Commerce Tax starts at $4M revenue
2024–25
The Dexit wave — a run of household names reincorporating from Delaware to Nevada

How many companies are on the Nevada register?

Nevada publishes no fixed statistics page with an active-entity total, so — as with California and New York — the honest scale reading comes from the federal formation series: Nevada runs a steady 5,500–6,000 new business applications a month (US Census, seasonally adjusted, through June 2026). For a state of barely three million people, that is an outsized flow — the register has always served far more than Nevada’s own economy, and the Dexit arrivals are only the most visible layer of a long-running import trade in incorporations.

~5.8k
New business applications per month, first half of 2026 (US Census via FRED)
5,736
Applications in June 2026 — the most recent published month (July 2026 release)
60+
Entity-type filters in the search — from LLCs to business trusts and corporations sole
1–3 days
Typical lag between a filing being processed and appearing in the search
A note on the missing headline number

Circulating “total Nevada entities” figures are third-party derivations — the Secretary of State announces new-registration numbers in periodic releases but publishes no standing statistics page we can cite at a fixed URL, so we don’t print a total. The figures above are the US Census Bureau’s official Business Formation Statistics (seasonally adjusted, July 2026 release, retrieved via FRED), which measure formation intent through EIN applications — not completed registrations. Each number we print is labelled with what it actually measures.

The layers of Nevada company data

Nevada’s company data is unusually consolidated: one Secretary of State portal carries the entities, the people lists, the trademarks and the licenses, with the tax authority and the county clerks holding smaller satellite layers. Four sources matter.

SOS
Nevada Secretary of State · SilverFlume & the entity search
The Commercial Recordings Division keeps the register; the free entity search (branded SilverFlume, at esos.nv.gov) covers 60+ entity types — corporations of every flavour, LLCs, LPs, LLPs, LLLPs, business trusts, even corporations sole — plus trademarks, trade names and service marks in the same system. Search by entity name, entity number, NV Business ID, officer name or registered agent, no login. Records split into Entity, Registered Agent and Officer sections, with an officer-history view and stock fields for corporations.
nvsos.gov ↗
Lists
The annual list & state business license · the people engine
Nevada’s disclosure heartbeat: every corporation files an annual list of officers and directors, every LLC an annual list of managers or managing members, due with the state business license renewal by the last day of the anniversary month. This is what fills the Officer sections of the register — refreshed annually, which beats California’s biennial LLC cycle and embarrasses New York’s $9 statement.
via the SOS ↗
DoT
Department of Taxation · the light-touch layer
Nevada levies no personal or corporate income tax and no franchise tax — the “Nevada Advantage” the state markets. What exists: the Commerce Tax on Nevada gross revenue above $4 million a year (0.051%–0.331% by industry), the Modified Business Tax on payrolls, and sales tax. None of it is public per-entity data — but unlike most states, tax standing barely touches the register at all: compliance here runs through the SOS lists and license, not the tax office.
tax.nv.gov ↗
EDGAR
SEC EDGAR · the Dexit-era layer
Historically a modest layer for Nevada — now the fastest-growing one, as listed companies reincorporate from Delaware and their charters land on this register. For each arrival, EDGAR carries the audited financials and governance detail, and the proxy statements documenting the reincorporation votes themselves. The two registers now tell the Dexit story jointly.
sec.gov/edgar ↗

Two satellites complete the map: UCC financing statements — the Secretary of State recently overhauled its portal, moving UCC filings and searches to a new electronic system as the first phase of a portal modernisation — and the county clerks, who hold DBAs (fictitious firm names) and the sole proprietors and general partnerships that never touch the state register.

What the SilverFlume search actually gives you

Nevada’s free tier is the richest of the “incorporation states” by a distance — the interesting question is what the famous privacy actually consists of, once the officers are public:

What the Nevada register shows — the privacy state’s open books A rich free layer with a person-search, cheap certificates — and a wall around owners, not officers. A Nevada entity Corp, LLC, LP, LLP, trust — SilverFlume FREE · PUBLIC · NO LOGIN esos.nv.gov · updated in 1–3 days •  Name · NV Business ID · type · status · dates •  Registered agent, in its own section •  Officers & directors / managers — with history •  Stock fields for corporations •  Search by officer name or agent •  Filing history · 60+ entity types •  Trademarks & trade names, same portal •  Annual-list trail — refreshed yearly PAID ordered from Commercial Recordings •  Certified copies of filed documents •  Certificates of good standing •  Copies by order form, not download •  Fees per the Division’s schedule THE WALL · WHERE THE PRIVACY ACTUALLY IS not collected / not public •  Beneficial owners — never collected; shareholders & LLC members (unless member-managed) invisible •  Financial statements — never filed; no accounts for private entities •  Tax data — Commerce Tax & MBT records confidential; no income-tax filings exist at all The Nevada pattern The free tier names the operators — officers, directors, managers — refreshed every year, person-searchable. Paid buys certification and copies — the underlying documents are ordered, not downloaded. The real privacy is one layer up: the owners behind the officers are nowhere in the public record.
Nevada's free register names officers, directors and managers — searchable by person — while the owners behind them stay off-record. The famous privacy is real, but it lives at the ownership layer, not the management layer. Source: Nevada Secretary of State.

Open a record in the entity search and the fields that matter are these:

  • Identity, across 60+ forms. Name, entity number and NV Business ID, type, formation or qualification date, status, and the filing history — covering everything from ordinary corporations and LLCs to LLLPs, business trusts and corporations sole. Name search runs in Starts With, Contains, Exact Match and All Words modes.
  • The people — annually refreshed. The Officer section lists the officers and directors (corporations) or managers/managing members (LLCs) from the latest annual list, with addresses — and an officer-history option showing who held the roles before. For LLCs, note the nuance: a manager-managed LLC lists managers, so members appear only when the LLC is member-managed.
  • The agent — mandatory, and searchable. Every Nevada entity must maintain a registered agent with a physical Nevada street address — the record shows it in a dedicated section. And the search runs by officer name and by registered agent — so you can map a director’s Nevada portfolio, or enumerate every entity behind a mass agent, natively and free. Among major registers only Florida offers comparable person-level search.
  • Corporate stock fields. Corporation records carry authorized-stock information — a modest but real capital-structure signal most state registers omit.
  • Trademarks in the same system. State trademarks, trade names and service marks are searchable alongside the entities — a native route from brand to legal entity.
  • Status with teeth. Miss the annual list and license renewal and penalties apply ($75 late fee), followed by loss of good standing and eventually administrative revocation — Nevada actually clears its dead entities, unlike New York.

The picture: Nevada’s register behaves like an open state’s at the management layer, and like a haven at the ownership layer. That split — visible operators, invisible owners — is the analytical heart of the Nevada file, and this guide returns to it in the ownership section. For multi-state work, Nevada pairs naturally with Delaware — its great rival in the incorporation trade — plus California and New York.

Every Nevada company-data dataset, mapped

Across the Secretary of State’s systems, the tax authority, the county clerks and SEC EDGAR, thirteen datasets matter for KYB. Nevada’s mix is the inverse of its reputation: a generous free tier at the management layer, modest paid certification, and a wall that guards owners and money — not names.

Nevada registry data — access mix
8 Free
2 Paid
3 Not public
Free at point of use Paid (certificates & copies) Not public / not collected

Exactly what data is free, paid & withheld

The free tier answers existence, standing, and — unusually for an incorporation haven — who runs the company, this year. Paid buys the paper. The wall covers the owners and the money.

Free Entity search & identity · public, no login
$0
  • Legal entity name, entity number & NV Business ID
  • Entity type (60+ forms) & status
  • Formation / qualification dates
  • Filing history
  • Name search: Starts With / Contains / Exact / All Words
  • Trademarks, trade names & service marks in the same search
The search at esos.nv.gov (SilverFlume) covers every form Nevada registers and is typically updated within 1–3 business days of a filing being processed. The NV Business ID is the handle for filings and orders.
Free The people layer — annually refreshed & person-searchable
$0
  • Officers & directors (corporations) with addresses
  • Managers or managing members (LLCs)
  • Officer history — who held the roles before
  • Search by officer name — a native person-search
  • Search by registered agent — agent portfolios enumerable
  • Authorized-stock fields on corporation records
  • Publicly-traded declaration — corporate lists must state it, with the CIK
Filled by the annual list, due with the license renewal by the last day of the anniversary month — a yearly people-refresh that beats California’s biennial LLC cycle. Caveat: a manager-managed LLC lists managers, not members; the person-search maps operators, not owners.
Certificates, copies & the compliance stack
Varies
  • Certificates of good standing — ordered from the Division
  • Certified & plain copies of filed documents — by order form
  • The filings themselves: $425 LLC formation stack; $350/year to maintain; corporation license $500/year
  • Corporation fees scale with authorized stock (articles from $75, lists from $150)
Fees are the Secretary of State’s published schedule and can change; card payments carry a processing surcharge. Confirm current amounts with Commercial Recordings before ordering.
Document images aren’t a free download layer here — copies of articles, lists and licenses are ordered from Commercial Recordings. What you’re really paying for in Nevada is the standing machine itself: the priciest routine compliance stack of any US register covered in this series.
Not public Owners, financials & tax
Not available
  • Beneficial owners & shareholders — never collected
  • LLC members of manager-managed LLCs — not listed
  • Financial statements — never filed
  • Commerce Tax & Modified Business Tax records (confidential)
Here is where the Nevada Advantage actually lives: the state names your officers but never asks who owns the shares — and with the federal beneficial-ownership regime exempting US-formed entities since March 2025, no other register asks either. The operators are public; the principals are not.

Dataset-by-dataset summary

The same data, viewed by source rather than access tier:

DatasetSourceCostWhat you get
Entity search
core register
NV SOS (SilverFlume)FreeName, entity number, NV Business ID, type, status, dates and filing history across 60+ entity forms. No login; updated within 1–3 business days of processing.
Officers, directors & managers
the people layer
NV SOS (annual lists)FreeThe operators of record with addresses, refreshed by the annual list each year, with an officer-history view — the richest people data of any incorporation state.
Officer & agent person-search
reverse lookup
NV SOSFreeSearch entities by officer name or registered agent — map a person’s Nevada portfolio or a mass agent’s client book natively.
Registered agent
statutory contact
NV SOSFreeEvery entity’s agent in a dedicated section of the record — the service-of-process anchor.
Stock fields
capital structure
NV SOSFreeAuthorized-stock information on corporation records — a capital signal most states omit, and the input to Nevada’s share-scaled fees.
Trademarks & trade names
brand layer
NV SOSFreeState trademarks, trade names, service marks — and rights of publicity — searchable in the same portal as the entities.
UCC financing statements
secured interests
NV SOS (new UCC system)FreeWho holds secured interests over an entity’s assets — recently migrated to a new electronic system in the SOS portal overhaul.
SEC EDGAR filings
listed & Dexit layer
SECFreeAudited financials, governance and the reincorporation proxies of the Dexit arrivals — the fastest-growing slice of the Nevada file.
Certificates of good standing
standing proof
NV SOS (order)PaidOrdered from Commercial Recordings; the standard proof for banking and cross-border use.
Document copies
the underlying paper
NV SOS (order)PaidCertified and plain copies of articles, lists and licenses by order form — not a free download layer.
Beneficial owners & shareholders
ownership chain
Not collectedNever collected by the state; the federal BOI regime has exempted US-formed entities since March 2025. The genuine Nevada privacy layer.
Financial statements
accounts
Not filedNo accounts filing exists for private entities; EDGAR covers the listed layer only.
Tax records
Commerce Tax, MBT
NV Dept of TaxationConfidentialConfidential — and thinner than elsewhere by design: no income-tax filings exist for the state to hold.

Eight free, two paid, three not public. Nevada’s free tier out-discloses every rival incorporation haven at the management layer — and the paid tier is really a compliance machine that keeps that layer current, because the $350-a-year list-and-license cycle is what makes the Officer sections trustworthy. The wall sits precisely where the marketing says the advantage is: owners and money. Sources: Nevada Secretary of State; NV Department of Taxation; SEC EDGAR (verified July 2026).

The Nevada company identifiers

A Nevada entity carries a compact identifier set, with the NV Business ID doing the register work and the annual-list cycle keeping the record it unlocks current.

IdentifierIssuerFormatWhat it’s for
NV Business IDNV Secretary of State“NV” + numericThe business identifier used across the state’s systems — the search runs on it, and filings and license renewals key to it. Alongside it sits the entity number, the register’s own file number; both appear on the record and both are search keys.
EIN (Federal Employer Identification Number)US Internal Revenue Service2 digits + hyphen + 7The federal tax identifier. As everywhere in the US, not shown on the state record and not a search key — it comes from the company, not the register.
State Business License numberNV Secretary of StateNumericNevada’s distinctive extra: nearly every entity must hold a state business license, renewed annually with the list — so license standing is part of the same register record, not a separate agency’s file.
SEC Central Index Key (CIK)US SECup to 10 digitsThe identifier for SEC filers — and Nevada’s register captures it natively: the corporate annual list must declare whether the company is publicly traded and, if so, its CIK. For the Dexit arrivals, the state record points at EDGAR by design.
LEI (Legal Entity Identifier)GLEIF / accredited LOU20-character (ISO 17442)The global financial-market identifier — the cross-border join for Nevada holding and investment entities.

For production Nevada KYB: resolve on the NV Business ID, read the people from the latest annual list (and the history view), run the officer and agent person-searches both directions, and pull the CIK for anything listed — especially the Dexit arrivals, whose proxy statements explain exactly why they came.

Worked example: the Dexit arrival

The defining Nevada record of this era is the reincorporation arrival — a household-name charter that lived in Delaware for decades and now sits on the Silver State’s register. TripAdvisor is the case that proved the route:

Worked example · Delaware-to-Nevada reincorporation Tripadvisor, Inc.
Legal form
Nevada corporation (reincorporated from Delaware)
The fight
Shareholders sued to block the move — and lost
The state’s role
Nevada’s Secretary of State filed an amicus brief defending Nevada as a place to incorporate
Register shows
Entity record with officers & directors from the annual list
SEC record
Reincorporation documented in proxy filings on EDGAR
Company since
Joined by Dropbox, Roblox, Pershing Square, Affirm & others
TripAdvisor’s move from Delaware to Nevada survived a shareholder challenge — with Nevada’s own Secretary of State intervening as amicus to defend the state’s corporate law — and became the template for the wave that followed. For a KYB analyst the lesson is practical: a “Delaware company” you last checked two years ago may now be a Nevada one, and the authoritative people data moved registers with it. Facts from primary legal and news sources, 2023–2025.

And here is the entity Nevada forms by the thousands every month — the domestic LLC, where the state’s cost stack and its disclosure bargain both show plainly:

Worked example · domestic Nevada form A typical Nevada LLC
Legal form
Domestic Limited Liability Company
Formation stack
$425 — Articles $75 + Initial List $150 + Business License $200
Annual stack
$350 — Annual List $150 + License renewal $200
Due date
Last day of the anniversary month, every year
Register shows
Managers or managing members, agent, status — refreshed yearly
State taxes
No income tax; Commerce Tax only above $4M NV revenue
The Nevada bargain in one card: the highest routine compliance costs of any register in this series — $425 to exist, $350 a year to stay — in exchange for no state income tax and strong liability protection, with the annual list naming the operators in public every year. Same-day online processing through SilverFlume; miss the renewal and a $75 penalty starts the road to revocation. Fees verified against multiple 2026 sources; confirm current amounts with the Secretary of State.

The ownership story — where Nevada’s privacy actually lives

Nevada’s reputation says “anonymous”. The register says otherwise — and understanding exactly where the anonymity starts is the most useful thing this guide can teach about the state.

What is public: the operators. The annual-list regime means every Nevada corporation names its officers and directors, and every LLC its managers or managing members, in a public record refreshed yearly and searchable by person. That is more management transparency than Delaware (which names nobody), New York (one CEO field), or Wyoming. The old promotional image of the fully-faceless Nevada company has been wrong for years — guides for founders now warn plainly that manager and member names sit on public lists.

What is private: the owners. Nevada collects nothing on shareholders or beneficial owners, and never has. An LLC organised as manager-managed lists only its managers — the members behind them appear nowhere. Corporations list officers and directors — the shareholders appear nowhere. Layer a Nevada holding company above an operating entity and the public trail stops at the professional managers. This — not the management layer — is the genuine Nevada Advantage, reinforced by the state’s strong charging-order protections and, unlike some rivals, undisturbed by any state disclosure initiative: Nevada has passed nothing like New York’s LLC Transparency Act.

And the federal backstop is gone. The Corporate Transparency Act would have put Nevada’s beneficial owners in FinCEN’s confidential database — but the March 2025 interim rule exempted all US-formed entities, and that exemption is what currently governs. The practical position for 2026: for a domestic Nevada entity, no register anywhere — state or federal, public or confidential — holds its beneficial owners. Ownership must be established the analyst’s way: entity documents from the counterparty, the officer-history and person-search trails, SEC filings where listed, UCC and litigation records, and cross-jurisdiction linkage.

The Dexit dimension. The reincorporation wave adds a twist: the companies arriving from Delaware are overwhelmingly listed or institutionally backed — TripAdvisor, Dropbox, Roblox, Affirm, The Trade Desk, Pershing Square, Neuralink, AMC Networks, the MSG companies, Tempus AI, Fidelity National Financial and, most influentially, Andreessen Horowitz, whose July 2025 announcement urged its portfolio companies to follow. For these, ownership transparency comes from securities law, not state law: 13D/G filings, proxies and 10-Ks disclose what no state register asks. The result is a register splitting in two — a growing listed layer whose substance lives in EDGAR, atop the classic private layer whose owners live nowhere.

Nevada’s economy — and the incorporation trade

Nevada’s register has always served two economies: the real one — gaming, tourism, mining, logistics — and the imported one, entities formed by non-Nevadans for the state’s law and tax posture. The numbers behind both:

MeasureScaleWhat it means for KYB
Formation flow~5,500–6,000 applications a month (H1 2026)Massively outsized for a state of ~3 million people — the visible signature of the incorporation trade. A Nevada address on a record frequently means a registered agent’s office, not operations. Source: US Census BFS via FRED.
The tax postureNo personal or corporate income tax; no franchise taxThe pull factor — with the Commerce Tax (above $4M Nevada revenue, 0.051%–0.331% by industry) and the payroll-based Modified Business Tax as the quiet exceptions. “No income tax” never means “no obligations”. Source: NV Dept of Taxation.
The compliance economy$425 to form an LLC; $350/year; corporations $500/year licensesNevada monetises standing, not disclosure — the fee machine funds the state and keeps the annual lists flowing, which is exactly why the register’s people data stays fresh. Source: NV SOS fee schedule via multiple 2026 sources.
The Dexit inflow26 reincorporation proposals across 2025; 21 approved by vote, 7 by written consentThe register’s composition is shifting upmarket: listed charters arriving from Delaware bring EDGAR-grade disclosure with them. A Nevada record increasingly deserves a CIK check. Source: Akin, from 2025 proxy-season data.
The legal offensiveAB 239 (2025) + a business court standing upNevada is legislating for the trade: clarified controlling-stockholder duties, jury-trial waivers, holding-company reorganisations — and a dedicated business court (Supreme Court pilot targeted for late 2026; constitutional vote in 2028) aimed squarely at Delaware’s Chancery. Sources: Harvard Law CorpGov; Akin; Nevada Current.

API and bulk data feeds — the four real paths

For production KYB or onboarding integrations needing structured Nevada company data at scale, four access paths exist. The Secretary of State’s search is generous per-entity but is a lookup tool, not a data service.

Path 1 — The SilverFlume entity search

Free per-entity lookups by name, entity number, NV Business ID, officer or agent, returning identity, status, the people sections with history, stock fields and filing history — the richest free record among incorporation states. No public bulk export or search API; certain data reports are available from the SOS with a fee schedule via its public-records channel.

Path 2 — The person-search trails

Nevada’s structural gift to investigators: the officer-name and registered-agent searches invert the register, so a person resolves to a portfolio and an agent to a client book. Combined with the officer-history view, this supports network mapping that most states require commercial tooling for — natively and free, one entity at a time.

Path 3 — SEC EDGAR (for the Dexit layer)

For the growing listed slice of the register, EDGAR’s free APIs and bulk data carry the financials, governance and ownership disclosures — plus the reincorporation proxies that document each arrival’s move from Delaware. A Nevada check on any substantial counterparty should now include a CIK lookup as standard.

Path 4 — commercial multi-jurisdiction APIs and bulk feeds

For teams needing Nevada alongside the other 49 states and 100+ countries on one schema, commercial providers ingest the register, join each entity to its annual-list people, its trademarks, its UCC records, its SEC filings and its out-of-state appearances, and re-expose everything through one API. Zephira’s Nevada data is sourced directly from the official register with Data Provenance attribution on every field, joined to all 50 US states, Canada, Mexico, and 100+ other jurisdictions on a single data model — with bulk delivery via S3 or SFTP for batch enrichment and offline analytics.

Nevada entity types — what each one means for KYB

Nevada registers a wide menu — the search’s type filter runs past sixty options — but seven forms carry the analytical weight:

FormCategoryNotes
LLCLimited liability companyThe workhorse. $425 to form ($75 Articles + $150 Initial List + $200 license), $350/year after. The annual list names managers or managing members — so a manager-managed LLC’s members stay off-record. Famous charging-order protection; no state income tax at any size.
Corporation (Inc.)Business corporationArticles from $75 and list fees from $150, both scaling with authorized stock; the state business license is $500/year — Nevada’s corporations pay the premium. Annual list names officers and directors; the record carries stock fields. The Dexit arrivals land in this form.
LP / LLP / LLLPPartnerships (registered)All registered with the SOS and searchable — including the limited liability limited partnership, a form many states don’t offer. Annual-list and license obligations apply.
Business trustRegistered trustA registrable, searchable form in Nevada — worth knowing because trusts elsewhere are typically invisible; here the trustee layer at least reaches the register.
Corporation soleSpecial formA single-office religious form with a long history of misuse in tax schemes — searchable like any other type. Treat unexpected corporations sole in a commercial context as a flag.
Nonprofit corporationNon-profitRegistered and searchable; exempt from the state business license. Charitable solicitation registration is separate.
Foreign entityOut-of-state registrationsAn entity formed elsewhere qualifying to do business in Nevada (corporations under NRS Chapter 80; foreign LLCs under Chapter 86). A foreign LLC’s registration is the same $425 all-in stack, requires a certificate of existence from the home state dated within 90 days — and, crucially for KYB, foreign entities file Nevada annual lists too, so their operators appear on this register alongside the home state’s. Distinct from the Dexit reincorporations, which are domestic Nevada charters.
Sole proprietorship / GP + DBAsUnregistered / county layerFictitious firm names live with the county clerks, and unregistered sole traders and general partnerships don’t appear in the state search at all — the standard county-layer blind spot, as in California.

When a Nevada entity lapses — default, revocation and the standing machine

Nevada’s compliance mechanics sit between California’s aggression and New York’s indifference — a fee-driven machine that actually clears its dead. The lifecycle:

StageWhat happensWhat you see on the record
The standing obligationsThe annual list — officers and directors under NRS 78.150, managers or managing members under NRS 86.263 — plus the state business license renewal under NRS 76.100 ($200 LLC / $500 corporation), due together by the last day of the anniversary month, every year; the Secretary of State sends a reminder 90 days ahead. That’s $350/year minimum for an LLC — the compliance dividend being people data refreshed annually.“Active” status, a current-year list on the filing history, and populated Officer sections.
Falling behindA $75 late penalty applies, and the entity loses good standing — certificates of good standing become unavailable while in default.Status shifts from Active to a default status; the filing history shows the missed list year.
Continued default — revocationPersistent non-filing leads to revocation of the charter (NRS 78.175 for corporations; administrative dissolution for LLCs) — Nevada’s register sweeps non-payers out, so its status field carries real signal.Status shows revoked; the entity can no longer transact as a Nevada entity in good standing.
ReinstatementAvailable on application, with all back lists, license fees and penalties paid — the cost mounting with the years in default.Status returns to Active; the default-and-reinstatement episode remains legible in the filing history.

The reading discipline: a Nevada “Active” means the fees are paid and this year’s list is on file — genuinely informative, unlike New York’s. But invert it too: because standing costs $350–$700 a year, abandonment is fast and visible here, so a revoked status often means “stopped paying” rather than anything more dramatic — and a long unbroken filing history means someone has valued this charter, every year, at real money.

What the Nevada register doesn’t tell you

Generous as the free tier is, the gaps are systematic — and they cluster exactly where the state’s business model wants them:

  • No owners, ever. Shareholders and beneficial owners are never collected. A manager-managed LLC’s members are invisible; a corporation’s shareholders are invisible; and since the March 2025 federal exemption for US-formed entities, no confidential federal register covers the gap either.
  • The list names roles, not control. Officers and managers are the operators of record — nominee officers and professional managers are lawful and common in the incorporation trade, so the person-search maps the visible layer, which is not always the controlling one. Treat a professional-manager pattern (one person across hundreds of entities) as a structural signal in itself.
  • An address is often an agent. With formation volumes this far beyond the resident economy, a Nevada address frequently resolves to a registered agent’s office — use the agent search to see how many entities share it before reading anything into it.
  • Freshness is annual, not live. The annual list is a yearly snapshot due by the anniversary month — officers can change the day after filing and the record won’t show it for up to a year. Read the list date, not just the names.
  • No documents online. Copies of articles, lists and licenses are ordered from Commercial Recordings — the record summarises the paper but doesn’t serve it.
  • No financials, no tax standing. Private entities file no accounts; Commerce Tax and MBT records are confidential — and with no income-tax filings existing at all, Nevada holds structurally less financial paper than almost any state.
  • The county layer. DBAs, sole traders and general partnerships live with county clerks — a trading name that returns nothing in the state search may simply live a layer down.

Where the substance actually lives

The practical map of which layer sits where:

Data layerWhere it livesPublic?
Existence, NV Business ID, type, status, dates, filing historySOS entity searchYes — free
Officers, directors, managers — with historySOS (annual lists)Yes — free, person-searchable
Registered agent & agent portfoliosSOS entity searchYes — free
Stock fields (corporations)SOS entity searchYes — free
Trademarks & trade namesSOS (same portal)Yes — free
UCC liensSOS (new UCC system)Yes — free search
Document copies & good-standing certificatesSOS Commercial Recordings (order)Paid
Shareholders & beneficial ownersNever collected
Financials, governance, ownership (listed / Dexit layer)SEC EDGARYes — public companies only
Tax records (Commerce Tax, MBT)NV Dept of TaxationNo — confidential
DBAs, sole traders, GPsCounty clerksCounty-by-county

The practical takeaway: a Nevada record answers existence, standing, and this year’s operators — genuinely more than any rival haven — while the ownership question is structurally unanswerable from public records and must be built from entity documents, SEC filings, the person-search trails and cross-jurisdiction linkage. That assembly, with provenance, is the work.

The ownership wall, nominee patterns and sanctions

Nevada concentrates the classic haven exposures — and its openness at the management layer creates a distinctive trap: the visible names can look like an answer when they’re an interface.

The OFAC 50 Percent Rule

The Treasury’s Office of Foreign Assets Control maintains the SDN List and the broader Consolidated Sanctions List — free, official, downloadable, with fuzzy matching. US persons are broadly prohibited from dealing with anyone on them, and OFAC’s 50 Percent Rule extends blocking to any entity owned 50%+ by blocked persons, directly or indirectly — even if its own name appears nowhere. In Nevada the rule meets the ownership wall head-on: the register names officers who may be nominees and never names owners, so a blocking interest can sit invisibly above a fully-compliant-looking record. Screen the entity and every listed person — and treat the ownership chain as an open question the register cannot close.

The Nevada-specific risk: mistaking the interface for the principal

Nevada’s discipline is about the gap between the two public layers and the private one: an annually-refreshed, person-searchable management layer sitting above owners nobody records. The tells are structural — professional managers recurring across portfolios, agent addresses hosting hundreds of entities, officer histories that rotate through service providers. None is wrongdoing; each says “the principals are elsewhere”. Worth knowing: Nevada law has teeth here — under NRS 78.150(10), filing an annual list that names an officer or director with the fraudulent intent of concealing who actually exercises that power, in furtherance of unlawful conduct, is itself a penalised offence. The nominee layer is lawful; using it to launder control for unlawful ends is not. Corroborate control through documents from the counterparty, EDGAR where listed, UCC and litigation trails, and linked records in the states where the business actually operates.

What this means for a KYB workflow

For a Nevada entity: resolve identity on the NV Business ID; read this year’s list and the officer history; run the person-searches both directions on every name and the agent; screen all parties against the OFAC lists; check UCC filings and the trademark trail; pull EDGAR for anything substantial — especially post-2024 arrivals; and build the ownership chain from outside the register, because inside it, by design, there is nothing to find.

Where Zephira sources Nevada data from — directly

The most important question for any Nevada company-data provider is the source. Zephira goes direct to the official register and links each entity to the records that complete it — with source attribution on every field.

LayerDirect government sourceUpdate cadence
Core entity record (name, NV Business ID, type, status, dates)Nevada Secretary of State (entity register)Filings reflected in 1–3 business days
Officers, directors, managers & historyNV SOS (annual lists)On filing (annual cycle)
Trademarks, trade names & service marksNV SOSOn filing
UCC financing statementsNV SOS (UCC system)On filing
Financials, governance & ownership (listed)SEC EDGAROn filing
Sanctions screening (SDN, Consolidated)OFAC (US Treasury)As published — often weekly
Formation-flow statisticsUS Census Bureau (BFS)Monthly
Legal Entity IdentifierGLEIF / accredited LOUEvent-driven

Every record carries a Data Provenance panel naming the specific official source and the timestamp of the last refresh. Where Nevada collects nothing — the owners — Zephira does not invent it: it dates the annual-list fields, maps the officer and agent networks, traces each entity’s appearances across jurisdictions, and is explicit about what the public record can and cannot show.

Recent and ongoing developments

Nevada’s registry decade is the story of a state moving from incorporation bargain to Delaware challenger — legislating, litigating and building courts for the trade. All dates verified from primary and top-tier legal sources.

2023–2024The turn
Dexit begins — and Nevada wins its test case
Frustration with Delaware’s courts opened the reincorporation question, and TripAdvisor’s move to Nevada became the proving ground: shareholders sued to block it, Nevada’s Secretary of State filed an amicus brief defending the state — and the move went through. X (formerly Twitter) moved in the same era.
March 2025Federal
The federal ownership regime exempts US entities
FinCEN’s interim final rule under the Corporate Transparency Act exempted all US-formed entities from beneficial-ownership reporting — leaving Nevada’s never-collected ownership layer uncovered by any register, state or federal.
May 2025Enacted
AB 239 — Nevada legislates for the trade
Passed unanimously in the Senate on 21 May 2025: clarified fiduciary duties for controlling stockholders, jury-trial waivers in articles of incorporation, and streamlined holding-company reorganisations — drafted by the State Bar’s business-law section and aimed directly at Delaware’s wobbling incumbency. Nevada’s opt-out officer-liability defaults and 15% books-and-records threshold were already on the books.
9 July 2025Watershed
Andreessen Horowitz: “We’re leaving Delaware”
The largest venture firm by assets announced its own reincorporation to Nevada and publicly urged its portfolio companies to consider following — citing Delaware’s judicial unpredictability and Nevada’s codified business-judgment rule. The 2024–25 arrival list already included Dropbox, Roblox, Pershing Square, Affirm, The Trade Desk, Neuralink, AMC Networks, MSG Sports & Entertainment, Sphere, Tempus AI and Fidelity National Financial. Across 2025, boards put 26 reincorporation proposals to holders — 21 approved by vote, 7 by consent.
2025–2026Building
The business-court project — and a portal overhaul
Nevada’s Supreme Court moved to stand up a specialised business court internally, with a pilot targeted to be operational in late 2026, while AJR 8 puts a constitutional, appointed business court to voters in 2028 — the direct challenge to Chancery. Meanwhile the Secretary of State launched Phase 1 of a business-portal overhaul, starting with a new UCC filing and search experience.
OngoingWatch
The open questions
Whether the Dexit flow compounds or plateaus as Delaware counter-legislates; whether the 2028 constitutional vote entrenches the business court; and whether the federal beneficial-ownership exemption survives its final rulemaking. Each would move what a Nevada record means. Verify current positions before relying on them.

Nevada registry activity — verified primary-source statistics

With no standing state statistics page to cite, the honest statistical picture comes from the US Census Bureau’s Business Formation Statistics — current to within weeks — plus the state’s own verified fee schedule, which is a dataset in itself.

The monthly formation pulse

New business applications in Nevada, by month · US Census BFS via FRED
EIN applications, seasonally adjusted — the five most recent months (July 2026 release)
Feb 2026
5,771
Mar 2026
5,512
Apr 2026
5,866
May 2026
6,029
Jun 2026
5,736
A steady 5,500–6,000 applications a month — roughly 69,000 a year annualised, in a state of about three million people. The per-head intensity is the incorporation trade made visible. Source: US Census Bureau, Business Formation Statistics (via FRED, July 2026 release), seasonally adjusted.
What this series counts: applications for an Employer Identification Number — formation intent, not completed SOS registrations. It is the only official monthly series for Nevada formation, which is why we chart it rather than a derived “new companies” number. Source: US Census Bureau BFS.

The cost of standing — Nevada’s fee stack

What a Nevada LLC pays the state · verified fee schedule, 2026
Formation (one-off) and annual standing costs
Articles of Organization
$75
Initial List of Managers/Members
$150
State Business License
$200
= Formation total
$425
Every year after: list + license
$350
The famous “$75 Nevada LLC” is a third of the truth: the initial list and the business license are mandatory at formation, making $425 all-in, then $350 every year (corporations: $500 license, and share-scaled articles and list fees). The dividend of the machine: the people data refreshes annually. Source: Nevada Secretary of State fee schedule, corroborated across multiple 2026 sources.
Why it matters for KYB: standing is expensive, so status carries signal — entities in good standing are being paid for deliberately, and abandonment shows up fast as default and revocation. Sources: NV SOS; multiple corroborating 2026 fee guides.
A note on the figures

The monthly application counts are the US Census Bureau’s official Business Formation Statistics, seasonally adjusted, retrieved via FRED from the July 2026 release — current through June 2026. Fee figures are the Secretary of State’s schedule as corroborated across multiple current sources; confirm amounts before filing, and note card payments carry a processing surcharge. We deliberately do not print a “total Nevada entities” figure: the state publishes announcements, not a standing statistics series, and every circulating total is a third-party derivation. Each number above is labelled with what it measures.

Nevada registry data in regional context

How Nevada’s access regime compares to the states it competes with — and the international benchmark:

JurisdictionRegistry structureFree basic dataPeople & ownership access
Nevada (USA)State register (Secretary of State / SilverFlume)Free search: identity, status, agent, filing history, trademarks — person-search by officer or agentOfficers, directors & managers named free, refreshed annually, with history — but no shareholders, members (if manager-managed) or beneficial owners, anywhere
Delaware (USA)State register (Division of Corporations)Free entity search — but status is paidNone — no people or owner data; privacy is the product
Wyoming (USA)State register (Secretary of State)Free search with status and filing historyMinimal — the third corner of the US privacy trio; see our Wyoming guide
California (USA)State register (SOS / bizfile Online)Free search incl. 3 standing flags, 17M+ document images & UCCOfficers, directors, members & managers named free — but only biennially for LLCs
New York (USA)State register (Department of State)Free search — identity only, no documents onlineOne name — the corporate CEO, biennially at best
UK1 national (Companies House)Full profile free, incl. directors and accountsPublic — PSC (people with significant control) register

The table’s quiet surprise: on the management layer, Nevada is the most transparent of the entire American cohort above — annual refresh, person-search, officer history — while remaining, on the ownership layer, exactly as dark as Delaware. That split is the state’s whole strategy in one row, and the Dexit era is now stress-testing it at listed-company scale. For KYB the conclusion runs throughout this guide: trust the Nevada record for who runs it and whether it’s paid up; go elsewhere — EDGAR, documents, linkage — for who owns it.

Nevada company data, your way

The Secretary of State’s register — identity, NV Business IDs, annual-list officers & managers, agents & trademarks — joined to SEC filings and 100+ jurisdictions, with Data Provenance on every field.

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Frequently asked questions

How do I search for a Nevada company?

Use the Nevada Secretary of State’s free entity search at esos.nv.gov — part of the SilverFlume business portal — with no login required. Search by entity name (in Starts With, Contains, Exact Match or All Words modes), entity number, NV Business ID, officer name or registered agent, across 60+ entity types plus state trademarks and trade names. A record shows the entity’s identity and status, its registered agent, its officers, directors or managers from the latest annual list (with an officer-history option), stock fields for corporations, and the filing history. Filings typically appear within 1–3 business days of processing.

Does Nevada really show a company’s officers and directors for free?

Yes — and this is the great inversion of Nevada’s reputation. Every corporation files an annual list of its officers and directors, and every LLC an annual list of its managers or managing members, due with the state business license renewal by the last day of its anniversary month. Those names and addresses populate the public record, refreshed every year — more current people data than California’s biennial LLC cycle, and far more than Delaware or New York collect at all. You can even search by officer name to map a person’s entire Nevada portfolio.

Is a Nevada LLC anonymous?

Not at the management layer — the annual list puts managers or managing members on the public record, so the fully-faceless Nevada LLC is a myth. The real privacy sits one layer up: Nevada never collects shareholders, LLC members of manager-managed companies, or beneficial owners, and since FinCEN’s March 2025 rule exempted US-formed entities, no federal register covers the gap either. In practice: the operators are public, the owners are not — and a professionally-managed structure can lawfully keep its principals entirely off-record.

How much does a Nevada LLC really cost?

$425 to form — not the $75 headline figure. Formation requires three simultaneous filings: Articles of Organization ($75), the Initial List of Managers or Managing Members ($150), and the State Business License ($200). Staying alive then costs $350 every year — the $150 Annual List plus the $200 license renewal — due by the last day of the anniversary month. Corporations pay more: articles and list fees scale with authorized stock, and their business license is $500 a year. Online filings through SilverFlume typically process within a business day; card payments carry a processing surcharge. Confirm current fees with the Secretary of State.

Does Nevada have a state income tax?

No — no personal income tax and no corporate income tax, and no franchise tax either. That is the core of the marketed “Nevada Advantage”. The exceptions worth knowing: the Commerce Tax applies to businesses with Nevada gross revenue above $4 million a year (at 0.051%–0.331% depending on industry), the Modified Business Tax applies to payrolls, and sales tax runs 6.85%–8.375% combined. And none of that replaces the Secretary of State’s own fee machine — the annual list and license are what keep an entity standing, income tax or not.

What is “Dexit” and why are companies reincorporating in Nevada?

“Dexit” is the wave of companies moving their state of incorporation out of Delaware, and Nevada has been its chief beneficiary: TripAdvisor (which defeated a shareholder suit over the move, with Nevada’s Secretary of State filing an amicus brief), Dropbox, Roblox, Pershing Square, Affirm, The Trade Desk, Neuralink, AMC Networks, the MSG companies and Andreessen Horowitz — which announced its own move in July 2025 and urged its portfolio to consider following — are among the arrivals. The drivers cited: perceived unpredictability in Delaware’s courts, Nevada’s codified business-judgment rule and opt-out officer-liability protections, its 15% books-and-records threshold, and the 2025 AB 239 reforms. Across 2025, boards put 26 reincorporation proposals to shareholders — 21 approved by vote, with a further 7 approvals by written consent (counts vary slightly by methodology across proxy-season analyses).

What is the Nevada annual list?

Nevada’s periodic disclosure filing — and the engine of its people data. Corporations list their officers and directors (NRS 78.150); LLCs list their managers or managing members (NRS 86.263); the list is filed together with the state business license renewal (NRS 76.100) by the last day of the entity’s anniversary month, every year ($150 for LLCs; corporation list fees are tiered on the value of authorized shares, from $150). Public corporations must also declare their publicly-traded status and CIK on the list. The initial list is due at formation. Miss the cycle and a $75 penalty applies, good standing is lost, and continued default ends in administrative revocation — which is why a current list is a genuinely positive signal on a Nevada record.

Can I get copies of a Nevada company’s documents?

Yes, but by order rather than download: certified and plain copies of filed documents — articles, lists, licenses — are requested from the Secretary of State’s Commercial Recordings Division using its copies order form, with fees per the published schedule. Certificates of good standing are ordered the same way (and are unavailable while an entity is in default — the certificate itself is a standing check). The free search summarises the record; the underlying paper is a paid order.

What does a revoked status mean on a Nevada record?

That the entity stopped paying — the annual list and license lapsed, the $75 penalty and default status followed, and continued non-filing led the Secretary of State to administratively revoke the charter. Because standing costs $350–$700 a year, Nevada sweeps its dead entities out quickly, which makes its status field unusually informative: Active means someone is paying real money, every year, to keep the record current. Revoked entities can be reinstated by filing back lists and paying accumulated fees and penalties.

Can I access Nevada company data via API or in bulk?

The Secretary of State offers no public search API; the entity search is a per-record lookup, with certain data reports available through the SOS’s public-records channel under a fee schedule. For programmatic access, the Zephira REST API returns the Nevada profile in JSON — identity, NV Business ID, status, agent, and the officers, directors and managers from the annual lists — sourced directly from the official register with Data Provenance on every field, joined to SEC EDGAR and to all 50 US states and 100+ jurisdictions, with bulk delivery via S3 or SFTP. For broader checks, see free company verification.

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