You might have created a Limited Liability Company (LLC) if you own a business in New Hampshire in order to shield your personal assets from business debts and liabilities. But what takes place when your LLC needs to be renewed? We’ll lead you through the procedures in this tutorial for renewing your LLC in New Hampshire.
Get Your Renewal Notice in Step 1
About 60 days prior to the LLC’s anniversary date, the New Hampshire Secretary of State will mail a renewal notice to the registered agent of the LLC. The message will specify how to renew the LLC as well as the renewal deadline. You can ask the Secretary of State’s office for a renewal notice if you don’t get one.
File Your Renewal in Step 2 You must submit an Annual Report to the NH Secretary of State’s office in order to renew your LLC there. Online or mail-in filing is an option. The cost to file electronically is $100, while the cost to file by mail is $125. The name of the LLC, the name and address of the registered agent, the names and addresses of each member and manager, and a description of the LLC’s business objective must all be included in your annual report.
Pay Your Renewal Fee in Step 3 Once your annual report has been submitted, you must pay the renewal cost. In New Hampshire, an LLC renewal costs $100. You can mail a check or pay online. When sending payment by mail, don’t forget to enclose a check or money order made out to the “State of New Hampshire.”
Step 4: Get Your Certificate of Renewal
The Secretary of State’s office will send you a Certificate of Renewal once your Annual Report and renewal fee have been processed. This document attests to the extension of your LLC for an additional year. Is an LLC the Best Option for Your Business? While renewing your LLC is crucial, you also need to think carefully about whether an LLC is the best legal structure for your company. Although an LLC protects its owners from responsibility, it might not be the ideal option for everyone. For small firms without a need for liability insurance, a sole proprietorship is an easier and more affordable solution.
How Much Does it Cost in New Hampshire to Register a Business Name? You must register your business name with the Secretary of State’s office if you’re establishing a new LLC in New Hampshire. A company name registration costs $50. How Long Does It Take in New Hampshire to Form an LLC? In New Hampshire, the processing period to create an LLC is usually three to five business days. You can obtain your LLC formation documentation within 24 hours for an extra charge if you opt to expedite your file. How long is the validity of a certificate of good standing? A Certificate of Good Standing is a document that attests to the fact that your LLC complies with all applicable state laws and rules. A Certificate of Good Standing in the state of New Hampshire is good for 60 days after it is issued.