In New Hampshire, businesses are required to obtain various licenses and permits at the local, state, and federal levels.
Understanding State License Requirements
Although New Hampshire doesn’t have a general state license requirement, businesses may need to secure specific state or professional licenses depending on their activities and location. It is crucial for business owners to research licensing requirements within their jurisdiction to operate legally and avoid potential fines, penalties, or legal issues.
Cost of Business Licenses
The cost of a business license in New Hampshire varies based on the type and nature of the business. For example, a tattoo or body piercing license could cost $500 in Concord. The State of New Hampshire requires an application, a fee, and annual renewals, with fees such as $900 for certain permits.
Licensing Process
To get a business license in New Hampshire, after determining if it’s needed, contact the city or town clerk for the required permits or licenses. The specific agency you apply to will depend on your business location and activities. The application process typically involves providing basic information about your LLC, such as name, EIN, business address, and contact details.
Sales Tax License
Since New Hampshire doesn’t impose a state sales tax, a seller’s permit is not required for in-state transactions. However, businesses selling products out-of-state may require a foreign seller’s permit.
Formation of LLC and Business Registration
New Hampshire mandates that all businesses operating in the state must register with the New Hampshire Secretary of State’s Office. The LLC filing fee is $100 when filing by mail, and businesses are required to have a Registered Agent, which can cost between $50 and $150 per year.
Additional Information
Administrative dissolution is the loss of a business entity’s rights, powers, and authority as executed by the Secretary of State, while reinstatement is the action that restores them.
Renewals and Appeals
The renewal schedule for business licenses in New Hampshire varies by municipality. If a business license application is denied, there may be an opportunity to appeal the decision.
Starting a Business in New Hampshire Guide
Here is a summarized guide to starting a business in New Hampshire:
- Choose a Business Idea.
- Research necessary licenses and permits.
- Register your business with the New Hampshire Secretary of State’s Office.
- Create a business plan.
- File and report taxes.
- Obtain insurance.
Related: What Business Licenses are Needed in New Hampshire?
Please Note: This document is the property of StartingYourBusiness.com and includes summarized content from their guide.