It may be both exhilarating and intimidating to launch a business. Registering a business with the state is one of the initial stages in starting a business. You can register your company in New Hampshire with the Secretary of State’s office as a Limited Liability Company (LLC). The type of LLC and the manner of registration are two variables that affect the price of LLC registration in New Hampshire.
You must first select a name for your company that is not currently in use if you want to create an LLC in New Hampshire. On the Secretary of State’s website, you can look up names that are available. You can submit Articles of Organization to the Secretary of State’s Office once you have a name for your business. Articles of Organization must be filed for $100. Online or mail-in filing is an option. The processing period may be longer if you file by mail.
You might also need to apply for a business license or permit from your neighborhood city or town in addition to the filing fee. Depending on the city or town, a business license or permit has a different price. To find out what licenses and permits you require and how much they cost, get in touch with your local government.
You must decide between member-managed and manager-managed when registering your LLC. Manager-managed businesses are those that are run by one or more managers as opposed to member-managed businesses, which are run by the LLC’s members. A manager-managed LLC must pay a filing cost of $125, while a member-managed LLC must pay a filing fee of $100.
A company called ZenBusiness assists business owners with the launch and operation of their enterprises. Along with other company services like registered agent, annual report filing, and others, they provide LLC creation services. Their starting pricing, including state fees, are $39. Positive feedback has been given to ZenBusiness for their user-friendly website, reasonable price, and superior customer service.
It’s crucial to be informed of the New Hampshire Business Profits Tax, to round things up. All companies doing business in New Hampshire are required to pay this tax on their net income. The current tax rate is 8.5 percent. Every year, businesses must submit a Business Profits Tax return.
In conclusion, based on the type of LLC and the manner of registration, different LLCs have different registration fees in New Hampshire. A manager-managed LLC must pay a filing fee of $125, while a member-managed LLC must pay only $100 for the Articles of Organization. A business license or permission from your local government may also be required, and you should be aware of the New Hampshire Business Profits Tax. ZenBusiness is a wonderful choice to think about if you need help registering your LLC.
No, there is no sales tax in solely New Hampshire. Other states without sales taxes in the US include Alaska, Delaware, Montana, Oregon, and New Hampshire.