Sometimes, it is necessary to make some changes to a business when it starts growing. As a business owner, you have to be ready when that time comes. Make sure you understand the state regulations so that you will not have to face any possible legal issues.
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Businesses in Nevada have to go through the amendment process if they decide to change some items that they have listed in the original Articles of Incorporation/Organization. Doing this will require the filing of the proper paperwork.
Certain changes require the filing of an amendment with the state. Generally, your company has to file an amendment if the changes you want to adopt are related to the business structure.
A. Changing The Company Name –
Contrary to what some people think, you do not have to start a new company if you want to do business under a new name. You can do this through an amendment. Submit the completed form to the Secretary of State. Then, update the name of your LLC on various state and government records.
Nevada corporations may also change their company names through an amendment. File an amendment form to make sure that the change is legal. Additionally, you will also need to update all official state and government records.
B. Changing Members Of The Business –
The Articles of Organization of a Nevada LLC includes a list of the members and/or managers, as well as their addresses and contact information. So, if there are any changes to these pieces of information, make sure to report them to the Secretary of State. You can use the amendment form or simply reflect the changes on the annual report.
Part of the requirements to register a corporation in Nevada is the Articles of Incorporation. It contains various information related to your company, including a list of the names, addresses, and contact information of the corporation’s officers and directors. So, make sure the state is up to date about these pieces of information. File an amendment if there are any changes. Another option is to include the changes on the annual report.
C. Changing Address Related To The Business – Unlike other states, Nevada does not keep information about the addresses of businesses. So, you do not have to file an amendment even if your company decides to move its office location.
D. Changing Contact Information –
The contact information of your LLC is a way for the Secretary of State of Nevada also needs to reach your company. Make sure that the state has the current phone number and email address your LLC is using. Include the phone number and email address of your LLC’s contact person on the Customer Order Instructions Form.
Nevada corporations have to do the same thing. If you change the contact information of your company, inform the Secretary of State. The Customer Order Instructions Form includes a section where you can input the phone number and email address of your corporation’s authorized representative.
E. Changing The Number Of Shares That A Corporation Is Authorized To Issue – Nevada corporations have to go through the amendment process if they are thinking of changing the number of shares that they are authorized to issue.