Can the LLC begin business in Nevada once the Members agree to the Operating Agreement?
No.An Operating Agreement is not a requirement to forming a valid LLC in Nevada.However, as stated above, in order to form an LLC in Nevada, the Articles of Organization must be successfully filed with the Secretary of State.Although an LLC in Nevada is officially formed once the Articles of Organization have been successfully filed, operations may not commence until a State Business License or Notice of Exemption has been obtained in conjunction with the initial and annual list of officers filings. The initial list of officers must be filed with the Nevada Secretary of State, and may be filed online, by the end of the month following the month in which the Articles were filed. An annual list of officers must be subsequently filed each year within 90 days of the end of Articles' anniversary month. Failure to file the initial or annual lists by the expiration date will change the status of the entity to "default" and, ultimately "revoked" if not renewed.
If you have operations in other states or countries beyond Nevada, additional filings may be necessary. If the LLC has employees, employer reporting will be necessary. As you articulate the roles and responsibilities in the creation of the Operating Agreement, someone in the management group should commit to making sure the required filing are made.