Nevada Domicile Information
CapitalizationCapital & Surplus: $200,000 for pure captive; up to $800,000 for rent-a-captive.

Premiums to Surplus: At or below 3.1 for net premium.
Registration & Incorporation ExpensesFees: $500 Application fee; $300 initial/renewal fee; $250 Administration Fee; $4,000-$5,000 for each application review depending on complexity of application.
Investment Restrictions 
Tax IssuesTaxes: 0.4% on first $20 million of net direct premium, 0.2% on next $20 million, and 0.075% thereafter; $5,000 minimum and $175,000 maximum annual tax cap; first year tax credit of $5,000.
Applicable ActsLaws: Chapter 694C of Nevada Revised Statutes and Nevada Administrative Code
Tax Treaties 
Supervisory JurisdictionMichael Lynch Deputy Commissioner, Captive Section
1818 E. College Parkway, Suite 103
Carson City, Nevada 89701-5453
Tel: (775) 687-4270 Fax: (775) 687-3934
Reporting Requirements 
Reserve & Underwriting Requirements 
Local Office Requirements 
Estimated Number of Captives133
Domicile URL
NewsBecame domicile in 1999. * A captive insurer is entitled to receive a non-refundable credit of $5,000 supplied against the aggregate taxes owned for the first year in which the captive insurer incurs any liability for the payment of taxes.