LLC Cost in New Hampshire – How Much to Pay for an LLC


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Perhaps you are hoping to form an NH LLC. People assume that starting an LLC is difficult and costly. However, it’s generally not difficult, and the cost would vary across states. We have all the info you need to know about the cost of forming an LLC, particularly the LLC cost in New Hampshire.

New Hampshire LLC Cost of Filing

Here are the costs involved in forming an LLC in New Hampshire.

Cost of Filing Formation Certificates

The New Hampshire Certificate of Formation is responsible for the majority of the cost, which could also vary depending on whether you’re forming a domestic LLC or a foreign LLC. Still, you can file both at the New Hampshire Secretary of State

New Hampshire Domestic LLC

  • Online Filing costs $150.
  • Annual Report filing costs $100
  • Name Reservation fee costs $15
  • By Mail: Fill out the application form, and send it to Corporation Division, NH Dept. of State, 107 N Main St, Rm 204, Concord, NH 03301-4989. Costs $150.

New Hampshire Foreign LLC

  • Online Filing costs $150.
  • Annual Report filing costs $100
  • Name Reservation fee costs $15
  • By Mail: Fill out the application form, and send it to Corporation Division, NH Dept. of State, 107 N Main St, Rm 204, Concord, NH 03301-4989. Costs $150.

Note that filing online is ideal, not only because you need to go to the Secretary of State office, but also it would be faster. You won’t have to wait in a queue in doing so.

New Hampshire LLC Formation Service or Registered Agent Fee

You need a registered agent to form an LLC in New Hampshire, hence, added costs for service fees. Here are three of the best LLC services on our list that will provide you with registered agents to ease your worries.

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Business Permits and Licenses 

The business licenses depend on your business’s activity and location and are renewed yearly. As such, the cost will vary. Check the New Hampshire Department of Revenue for regulatory boards or agencies requiring licensing. 

Taxes Payable to New Hampshire Department of Revenue

The registration of the LLC in Hampshire is possible by following a simple step-by-step procedure. You can file for your LLC by mail as well as online.

The business taxes that An LLC has to pay in New Hampshire are: 

State Income Tax

State Income tax is levied on all the income you make from your LLC, & your earnings are taxed through your personal tax return. The standard income tax rate in New Hampshire is 5%. One can apply for all the standard allowances and deductions while filing the Income Tax Return.  

State Sales & Use Tax 

There are five states in the USA which do not levy sales & use tax. New Hampshire is one of them, which means while filing for your LLC, you don’t have to pay sales & use tax.

Federal Self-Employment Tax

Federal Self Employment Tax or Social Security or Medicare tax has to be paid by all the LLC members. The Federal self-employment tax rate in New Hampshire is 15.3 percent. 

Federal Income Tax

Similar to the State Income Tax, the Federal Income Tax also depends upon your earnings, the income tax bracket your LLC falls, the deductions, & the manner/ mode of filing.

The Federal Income Tax is levied on all the profits your LLC makes after all the deductions & allowances, such as Healthcare or Retirement Plans, are calculated.

Employee & Employer Taxes

An LLC that has many employees working under it has to pay Employee-Employer taxes. Such tax can be calculated on the basis of various factors, e.g., the amount, number of employees, etc.

Cost Comparison between states

New Hampshire has many neighboring states, namely Maine, Massachusetts, Vermont, etc. Let us take a look at the different rates of taxes levied on LLCs in this comparative chart.

StatesFiling FeeAnnual/Biennial FeeSales Tax
New Hampshire$100$100None
Maine$250$605.5%
Massachusetts$520$5006.25
Vermont$100$156%

In addition to the taxes listed above, there can be many other taxes or costs charged on an LLC in your region. Kindly consult with a finance professional in your region to verify the tax rates or business costs of registering an LLC in New Hampshire.

Other Costs

How Much Does It Cost to Maintain an LLC in New Hampshire

To maintain an LLC in New Hampshire you will need to pay an annual fee of $100 along with income tax at 5% and federal taxes.

When forming an LLC in New Hampshire, you will pay an annual fee of $100 and pay federal taxes, which will be 5% of the business’s annual revenue. Additionally, you will be subject to monetary penalties if you fail to file required filings. The most common filing is the annual report, which is due by April 1 each year. Failure to file this report can also cost you a $50 late fee. If you fail to file two annual reports, your LLC will be administratively dissolved or suspended.

The process of filing a New Hampshire LLC certificate begins with filing the Certificate of Formation with the state. This form requires the signature of the manager and each member. You can file this form online or by mail. It is recommended that you also file an operating agreement for your LLC. This document should outline the operations of the LLC and state the members’ rights and responsibilities. This will ensure that your business remains limited liability and avoid potential disputes.

In New Hampshire, LLCs must also file an annual report with the state’s Department of State. These reports are important to keep the state updated on important business information. This report costs $100, and failure to file it on time can result in higher fees. The company must also select a registered agent, which is a person or entity that resides in New Hampshire.

When operating a business, it is important to separate personal assets from business assets. By setting up an LLC, you protect your assets by separating your personal assets from the business’s. While the corporate veil protects personal assets, if you mix your personal bank account with the business’s, you risk piercing the corporate veil and exposing yourself to personal liabilities.

If you hire employees, you’ll also need to pay employer taxes. These taxes vary by industry, but in most cases, you’ll be paying taxes on your employees’ wages. Some of these taxes are based on their earnings, so you’ll need to work with your accountant to determine the exact amount. If you’re operating a foreign LLC, you’ll also need to register as a foreign company in New Hampshire.

LLCs in New Hampshire are easy to form and maintain. They’re ideal for small to medium-sized businesses that need limited liability protection and ease of management. While there are fees associated with the registration, annual fees, and taxes, forming an LLC in New Hampshire is easy and inexpensive.

Every LLC in New Hampshire must appoint a registered agent. The registered agent receives documents from government agencies, including tax forms and legal documents. You can pay an annual fee of up to $100 for this service, which can add up. Another important requirement is to choose an active Registered Agent. This person or business must be available during normal business hours, be at least 18 years old, and live in the state.

F.A.Qs

Can I start an LLC for free?

It is possible to form an LLC without professional help, but forms still have associated costs, regardless of where your LLC is formed.

Is an LLC expensive?

It is difficult to say whether forming an LLC is expensive. Nevertheless, the cost could be anywhere from $40 to $500. If you refuse to hire professionals, you’ll still have expenses like form fees to cover.

Does an LLC need a bank account?

The need to separate personal money from business funds, thus necessitating the creation of a business bank account for your LLC.

In Conclusion

The cost of New Hampshire is much lower compared to other forms of business. Apart from the state filing fees and annual taxes, you might bear the cost of the registered agent. Compare the price of professional LLC services and choose the most affordable one.

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