Each foreign corporation (both profit and nonprofit) in the state of Nevada is required to publish a statement of its last year’s business in a Nevada newspaper pursuant to Nevada Revised Statute 80.190. The law requires that the statement appear in two issues of a daily newspaper (with a weekly circulation of 1,000 or more) prior to the end of March or the third month following the close of the fiscal year for those not operating on a calendar year basis.
While you do not need to file proof of publication with the Secretary of State, foreign corporations should keep a proof of publication in your files. A foreign corporation that fails to comply is subject to a fine of $100 per month. Furthermore, a foreign corporation that fails to comply is not authorized to transact business in Nevada. If you need assistance, Parasec can handle publication of the statement for you. If you have any questions, please contact our Nevada office at (888) 972-7273 or by email at firstname.lastname@example.org.