Should you form your LLC in New Hampshire? We've collected the relevant information that will help you make this decision.
- Simple personal income tax
- Tax rate of up to 8.5%
Cost of doing business
- $100 filing fee / $100 annual statement
- One person signs original filing
Forming an LLC in New Hampshire
In order to communicate to the public that your new business is an LLC, its official name will need to end with one of the following signifiers (or abbreviation of): “Limited liability company”, “LLC”, or “L.L.C.” In addition, it is required that the name of your business is not intentionally misleading to consumers, for any reason. Your company’s new name must also be completely unique, and not deceptively similar to any other organizations name or trademarks. Do a FREE name search now.
The owners of an LLC are called “members.” The following information must be required regarding your LLCs members:
- Required number of members
New Hampshire LLCs must have at least one member or manager listed in their incorporation documents.
- Age restrictions
LLC members in New Hampshire may be of any age.
- Residence restrictions
There are no residence restrictions imposed on LLC members in New Hampshire.
- What information needs to be included in the Certificate of Formation?
Outside of the principal member, LLC Members in New Hampshire are not required to list their name or addresses in their Certificate of Formation. However, at least one member must sign the Certificate of Formation.
Requirements for the Certificate of Formation
The Certificate of Formation is a document that must be filed during the LLC formation process in every state. Here is the information that must be included in this document when filing in New Hampshire:
Registered agent information
All New Hampshire LLCs must have a registered agent on file, and submit their name and address (which cannot be a PO box). This agent will be required to be accessible during standard business hours, and act as the state’s point of contact with the company. Learn more about registered agents.
Additional New Hampshire filing requirements
Many states have steps in the LLC formation process that are unique to that state. These can also vary at the municipality or county level as well. Here are the steps required throughout all of New Hampshire:
Initial report deadlines
New LLCs in New Hampshire are required to file an initial report within six months of incorporation.
If your business is a professional practice
Professional service companies are permitted to form under the professional limited liability company (PLLC) structure.
New Hampshire LLC taxation and fee requirements
There are several tax and fee requirements that must be addressed by LLCs in New Hampshire. They are as follows:
All states have complex taxation requirements. For more information regarding taxes in New Hampshire, it is advised that you visit the state’s official business related website.
Annual report requirements
LLCs in New Hampshire are required to file an annual report every year by April 1st. The cost of this filing is currently $100. Learn more about annual reports.
Tax identification numbers
New Hampshire requires an EIN (employee identification number) for all LLCs that will have employees, and most banks will require one to open accounts. New Hampshire does not require LLCs to obtain state tax ID numbers. Learn more about EINs.
Business license requirements
The business licenses and permits required in New Hampshire vary wildly depending on the county or municipality in which your new LLC is located. If you would like to see more in-depth information on licenses and permits, please feel free to visit the content in our learning library that covers business licenses and permits.
Need a New Hampshire corporation instead? Click here.