It costs $100 to file for a New Hampshire LLC. If you file the form online, there is an additional $2 service fee.
Business Taxes
A business with gross income over $50,000 must pay a 7.7% Business Profits Tax on income from business activities in New Hampshire. For periods after December 31, 2022, the income threshold rises to $92,000 and the tax rate drops to 7.6%.
Setting Up an LLC
To establish your LLC, first choose and confirm an available name. Then file formation documents outlining details like purpose, management, and registered agent.
General liability insurance is essential for all businesses to manage risks and losses.
How much does it cost to set up an LLC in NH?
It costs $100 to file for a New Hampshire LLC online. If you file by mail, it costs $102. You must pay a $100 annual report filing fee each April.
The next step is choosing a registered agent responsible for receiving official mail and legal documents. The Registered Agent must have a physical New Hampshire address. This information is public record.
In New Hampshire, a 7.6% Business Profits Tax is imposed on your LLC’s gross income over $92,000. This rate drops to 7.5% starting in 2024. LLCs owing over $200 in taxes must make estimated quarterly payments.
Embarking on starting an LLC in New Hampshire opens opportunities for entrepreneurs. The state offers a structured yet flexible LLC formation process. This guide provides essential knowledge for a confident start.