One of the first steps you must take if you want to launch a business in New Hampshire is to register your company name. The sort of business you intend to start and the filing method you select will determine the cost of business name registration in New Hampshire.
For $50, you can register your business name with the New Hampshire Secretary of State’s office as a single proprietorship or general partnership. With this payment, your company name will be registered and you’ll receive a trade name certificate.
A limited liability corporation (LLC) formation in New Hampshire will cost you $100 to register your business name. The filing of your articles of organization and the registration of your business name are both covered by this price. To keep your LLC active, you’ll also need to submit an annual report and pay a $100 charge.
In order to establish an LLC in the state of New Hampshire, you must select a distinctive company name that satisfies state regulations, submit Articles of Organization to the NH Secretary of State’s office, and designate a registered agent who will accept legal documents on your LLC’s behalf. You must also create an operating agreement that describes the duties and rights of each member of your LLC and how your LLC will be run.
There are a few additional processes you must complete in order to launch a business in New Hampshire in addition to registering your business name and creating your LLC. These include opening a business bank account, filing taxes, and acquiring any essential licenses and permits.
You might want to think about NH QuickStart if you’re new to business ownership or need assistance with the procedure. This program offers free training and services to start-ups and growing companies in New Hampshire, including assistance with workforce development, business strategy, and finance.
In summary, the price to register a business name in NH varies based on the kind of company you intend to start. The cost is $50 for a sole proprietorship or general partnership and $100 for an LLC. You must file Articles of Organization, choose a registered agent, and create an operating agreement in order to create an LLC in the state of New Hampshire. You’ll also need to open a business bank account, register for taxes, and acquire any essential licenses and permissions. NH QuickStart is a useful tool for NH businesses who are starting up or growing.
One person owns and runs the business as a lone proprietor in this form of business structure. There is no legal distinction between the individual and the corporate entity, and the individual is personally liable for all obligations and liabilities of the company.
A company entity that has registered with the state of New Hampshire is given a special identification number known as the NH Secretary of State company ID. It serves as the company’s identification in a variety of filings and interactions with the state government.