What businesses are exceptions to or exempted from needing a State Business License?
Nevada nonprofit corporations formed under NRS Chapter 82 and Corporations Sole formed under NRS Chapter 84 are specific exceptions and are NOT required to obtain a State Business License.
In addition, specific statutory provisions exempt certain businesses from the requirements of the State Business License. Sole Proprietors and General Partnerships may declare an exemption online when registering for the State Business License via SilverFlume. Other business entities must manually submit the form, WITHOUT FEE stating the specific exemption.
• (b) A nonprofit religious, charitable, fraternal or other organization that qualifies as a tax-exempt organization pursuant to 26 U.S.C. § 501(c).
• (c) A natural person who operates a business from his or her home as defined by Chapter 76 of Nevada Administrative Code and whose net earnings from that business are not more than 66 2/3 percent of the average annual wage, as computed for the preceding calendar year pursuant to NRS Chapter 612 and rounded to the nearest hundred dollars. The average annual wage generally fluctuates each year. 66 2/3% of the applicable average annual wage for 2012 is $26,400.
• A natural person whose sole business is the rental of four or fewer dwelling units to others.
• An insurance company holding a current license or certificate of authority pursuant to NRS 680B.020 not conducting business not incidental to Title 57.
All entities with a State Business License, Exemption or Exception are assigned a Nevada Business Identification Number.