New Hampshire Registered Agent Services | LLC Registered Agent

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If you are trying to form an NH LLC, then take note that in this state, starting an LLC requires having a New Hampshire registered agent who will handle all official paperwork on the LLCs behalf. 

New Hampshire Registered Agent Requirements

There are certain requirements to fill the role of a New Hampshire registered agent:

  • The nominee must be more than 18 years old.
  • The individual must have a legal, physical address in the state where the LLC will operate.
  • The individual must be physically present during normal working hours.

How to Choose a Registered Agent?

When you file your Certification of Formation in New Hampshire, you must nominate a registered agent.  You can either appoint an in-house registered agent (yourself or any LLC member) or outsource a New Hampshire registered agent service. 

You can elect your registered agent online through the New Hampshire Secretary of State website. 

Hiring an Inhouse Registered Agent

When hiring an in-house registered agent, make sure the individual is over 18 of age and lives in New Hampshire.

Can I be my own registered agent?

Yes, you can be your own registered agent. So long as you meet the basic requirements for a registered agent, then you can take on this role for your LLC.

Outsourcing a Registered Agent

You may, instead, get professional registered agent services. Doing so ensures that you will have the best individual to represent your business. 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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Note that availing of the services of professional registered agents would be your best option since you are guaranteed that whoever is handling your legal affairs knows their stuff well. You will enjoy peace of mind and focus only on running your business, as the ‘professionals’ take care of all legal matters.  

What to Consider when Choosing a Registered Agent

Here are some factors to consider when choosing a registered agent.

  • Service Fee: Since most states require formal businesses to have registered agents, selecting the best-registered agent is critical. Hiring a registered agent service typically costs between $50 and $300 annually. When you consider how much time it will save you, this is a small price to pay.
  • Tenure in Business of Registered Agent: You want the registered agent to have established and time-tested procedures for handling documents that are received.
  • State Jurisdiction Limitation: If your company expands to another state, you should use the same registered agent in all states to reduce the administrative burden of dealing with multiple registered agent service providers.
  • Offer Monitoring and Follow-up Services: You want to receive up-to-date information and alerts from your registered agent as soon as possible so that you are aware of the various statutes, rules, and regulations that apply to your company.

New Hampshire Registered Agents and Business Laws

Registered agents are responsible in New Hampshire for all matters related to LLC business law. Each state has its unique set of business rules. New Hampshire isn’t an exception. Each state has its unique set of business laws. These are some of the most important business regulations that every business should comply with.

  1. Interest Law: Every state has interest legislation for businesses. The interest rate guidelines generally are lower than those that apply to businesses. This is because businesses usually agree to a higher rate of interest. New Hampshire has an interest rate of 10% if written or contracted. Additionally, 2% above the 10% interest rate on judgement. 

    New Hampshire has Usury Law. This law charges a higher percentage for advances and loans. These interest rates will be charged according to the law. New Hampshire’s standard rate is 10%. However, loans for educational institutes, public utilities, mortgages, and some others can be exempted from this law.
  2. Antitrust Law: Antitrust law is used in general to detect cartels. A cartel occurs when rivals join forces and exert an illegal effect on the market’s price or supply. Cartels can be found on any market. New Hampshire has an Antitrust Law that is similar to other states.

    New Hampshire’s statute of limitations for filing a claim under this legislation allows you to do it within 4 years. This law also allows a plaintiff the ability to recover attorney’s fees and other damages.
  3. Deceptive Trade Practice Law: New Hampshire has a Deceptive Trade Practice Law. There are however penalties for trade fraud or other deceptive acts. Any attorney general on behalf of the plaintiff can raise the case. Accused can be fined up to $1,000 or pay the actual damage whatever is more. The civil penalty can be up to $10,000 per violation.
  4. Pyramid and Ponzi Schemes Legislation: New Hampshire law allows for up to a maximum $10,000 fine as civil penalties for anyone who attempts investment fraud. This law can punish anyone who attempts to commit Ponzi schemes or chain distributor schemes. Violating this law is a class B felony.

These cases and laws can be handled by registered agents. New Hampshire registered agents are available to help you with any of these business laws.

How to Remove a Registered Agent for LLC in New Hampshire

After forming an LLC in New Hampshire, you may need to change your registered agent. Perhaps you moved out of state, left the company, or no longer wish to serve as the company’s registered agent. In any case, having one person handle all your business correspondence will save you time and money. Or perhaps you’ve expanded your business and no longer have the time to fulfill your registered-agent duties.

To change your registered agent in New Hampshire, you must submit an updated annual report. There are various forms to fill out, but most states will allow you to change the registered agent yourself. If you are unsure how to change the registered-agent information, contact the New Hampshire Corporation Division and request a free consultation. Your LLC’s attorney can also help you make the switch. The main difference between an individual registered agent and a registered-agent service is the process of changing the registered-agent.

Once you have decided to change the registered-agent, you can apply for a new one. You will need to provide information about your business and your industry. You will be required to provide your NAICS number. The NAICS number is six-digit code that classifies different industries. You can find your NAICS number by selecting “Other” from a drop-down menu. You can also choose to replace your existing registered-agent with a new one.

F.A.Qs

Do you need a registered agent for your LLC in New Hampshire?

All corporations and limited liability companies doing business in New Hampshire are required by state law to appoint a New Hampshire registered agent. New Hampshire registered agents provide a reliable way for the Secretary of State and state courts to contact a corporation or LLC.

Who qualifies to be a registered agent?

A registered agent is simply a person or entity appointed to accept service of process and official mail on your company’s behalf who lives in the state of service and is over 18.

Why should you not act as your own registered agent?

If you intend to be your own registered agent, you may be forced to use your home address (especially if you run a home-based or web-based business), making the address public.

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