One of the initial procedures you’ll need to do in New Hampshire to launch a business is to form a Limited Liability Company (LLC). Similar to other states, New Hampshire has its own requirements and costs for forming an LLC. Here is a breakdown of the expenses you might anticipate.
You must first submit Articles of Organization to the New Hampshire Secretary of State in order to register an LLC there. This document is being filed for $100. After establishing your LLC, you must submit an annual report to the Secretary of State. In New Hampshire, filing an annual report costs $100.
Although they are not the lowest in the nation, New Hampshire’s LLC filing fees are also not the highest. Consider registering your firm in a state like Montana, which has a fixed rate of $70 for LLC files, if you’re trying to save money on filing fees. But have in mind that each state has various rules and specifications for LLCs, so it’s crucial to complete your homework before choosing.
You might also need to register a business name in addition to paying the fees for creating your LLC. The cost to register a business name in New Hampshire is $50. You must register the name you want to use for your company with the Secretary of State if it differs from the legal name of your LLC.
And finally, you might be curious about whether you can act as your own registered agent in New Hampshire. Yes, if you have a physical location in the state and are readily available to accept legal documents on behalf of your LLC during regular business hours. Legal documents must be received on your behalf by a registered agent service if you don’t have a physical address in New Hampshire.
In conclusion, the fees for forming an LLC in New Hampshire are $100 for the filing of the articles of organization, $100 for the annual report, and $50 for the naming of the corporation. The fees in New Hampshire are not the lowest in the nation, but they are also not the highest either. A state like Montana, which has a fixed fee of $70 for LLC filings, can be a good option if you’re trying to save money on LLC filing expenses. As long as you have a physical address in the state, you can also act as your own registered agent in New Hampshire.
The Secretary of State’s office uses an NH D.I.N. (Data Identification Number), a special number given to each firm registered in New Hampshire, to keep track of and administer the state’s commercial enterprises. All companies, including LLCs, that are registered with the New Hampshire Secretary of State must have it.