Fact Checked by Editorial Staff
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.
On this page, you’ll learn about the following:
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.
LLC Service | Our Rating & Pricing | Top Features | Learn More |
#1 TOP PICK  | $0 + State Fees |
| |
 | $0 + State Fees |
|
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.
| States | Filing Fee | Annual/Biennial Fee | Sales Tax |
| New Hampshire | $100 | $100 | None |
| Maine | $250 | $60 | 5.5% |
| Massachusetts | $520 | $500 | 6.25 |
| Vermont | $100 | $15 | 6% |
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
- New Hampshire Name Reservation: $15for online fillings or by mail
- Doing Business As (DBA): $50 for online filling or if filing by mail
- Certified Document Copies: $1 per page.
- Certified of Good Standing: $5
- Business Domain Name and Website: depend on your preference, but domain name could be as low as $2.99/yr at NameCheap, and web hosting is at least $30/mo at Kinsta.
- Online workspace: at least $4.20/mo for GSuite.
- Business Insurance: would vary depending on insurance type–whether general liability insurance or professional liability insurance–and coverage.
- Dissolution of New Hampshire LLC: $35
F.A.Qs
It is possible to form an LLC without professional help, but forms still have associated costs, regardless of where your LLC is formed.
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.
The need to separate personal money from business funds, thus necessitating the creation of a business bank account for your LLC.
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.
One of the primary costs of running an LLC in New Hampshire is the annual report filing fee. All LLCs in the state are required to file an annual report with the Secretary of State’s office by April 1st each year. The filing fee for this report is $100, which is a standard cost that business owners should budget for annually. This annual report is crucial for keeping your LLC in good standing and avoiding any penalties or fees.
In addition to the annual report fee, LLC owners in New Hampshire also need to consider the cost of a registered agent. A registered agent is a third party who is designated to receive legal documents on behalf of the LLC. While business owners can act as their own registered agent, many choose to hire a professional registered agent service to ensure that legal documents are handled promptly and securely. The cost of a registered agent service typically ranges from $50 to $300 per year, depending on the provider.
Another ongoing cost for LLC owners in New Hampshire is the cost of obtaining an Employer Identification Number (EIN) from the Internal Revenue Service (IRS). An EIN is necessary for tax reporting purposes, opening a business bank account, and hiring employees. Fortunately, obtaining an EIN is free of charge through the IRS website, making it a relatively low-cost item for LLC owners to manage.
It is also important for LLC owners in New Hampshire to consider the cost of business licenses and permits. Depending on the nature of your business and its location, you may need to obtain specific licenses and permits to operate legally. The cost of these licenses and permits can vary significantly, so it is essential to research the requirements for your industry and budget accordingly.
Furthermore, business owners should be mindful of any potential legal or professional fees associated with running an LLC in New Hampshire. Whether you are seeking legal advice, drafting contracts, or dealing with disputes, legal fees can add up quickly for LLC owners. It is wise to establish a relationship with a trusted attorney who can provide guidance and support as needed to navigate the complexities of business law.
In conclusion, while starting an LLC in New Hampshire may be a relatively affordable process, maintaining the entity over time does come with ongoing expenses that business owners should be prepared for. By understanding the costs associated with annual report filings, registered agents, EINs, licenses and permits, and potential legal fees, LLC owners can effectively manage their finances and ensure their business remains compliant with state regulations. The key is to budget appropriately and stay informed about any regulatory changes that may impact your LLC in the future.
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.