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What is an Anonymous LLC?
Last updated Sunday, April 7, 2024
An Anonymous LLC is defined as a limited liability
company whose owners are not publicly identifiable by the state. As far as
anonymity goes different states have different solutions. An Anonymous LLC
hides its ownership by being a manager-managed LLC as opposed to the
traditional member-managed LLC. A manager-manager, or Anonymous LLC, is where
designated members run the business, the rest of the members are passive
investors. The names and addresses of the owners do NOT have to be revealed
like they do in a member-managed LLC.
Anytime you file LLC articles of organization with a
state, you must disclose legal information such as:
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Name of the officers |
Name of the directors |
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LLC manager names |
Address |
Because of this disclosure and more, business owners
appreciate that Nevada doesn't tax business income, capital gains, or
inheritance. In addition, it has no franchise taxes. Notably, Nevada also has
no information-sharing agreement with the IRS.
How does the owner of the LLC in Nevada remain anonymous?
By identifying itself as the organizer and Registered
Agent, the only specific information contained within the Articles of
Organization that is published by the State.
Nevada LLC Privacy
Many businesses in Nevada choose to become an LLC
due to the state’s privacy rules. These rules help protect owners as well as
shareholders, giving them some level of anonymity. There are not any
protections, however, for members, directors, or officers. As such, these
privacy rules will not protect everyone in the LLC. Additionally, to some
extent, Nevada LLCs must actively participate in this lack of privacy. That is
because your Articles of Organization require LLCs to appoint an initial
director or directors for the company. Since the Articles of Organization are
in public records, anyone who pays the appropriate fee is able to view the name
of this initial director.
Public Filings
To further limit the privacy benefits associated
with an LLC in Nevada, you must submit a list including the LLC’s directors and
officers online. This is done annually and also involves paying a fee. The
Nevada Secretary of State posts the information submitted in this list online.
As such, this information is part of the public database, and anyone can find
it with ease. The only way for an owner to remain private is in situations when
they choose not to act in the form of a manager in the company. This requirement
for a list of directors and officers is in sharp contrast to certain other
states that do not require you to disclose both officers nor directors.
Nevada
Commercial Registered Agent
Entity # E0502742015-6
NV Business ID NV20151637034
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© 2024 Marc Gohres
Revised April 7, 2024 10:24 AM
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