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

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.

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 establishing an LLC in New Hampshire, aspiring business owners should have a good grasp of the initial costs that may arise. These typically include filing fees required by the state government, costs related to the appointment of a registered agent, and potential fees associated with drafting an operating agreement.

The first step in the LLC formation process necessitates filing the necessary paperwork with the New Hampshire Secretary of State. Commonly referred to as the Certificate of Formation, this paperwork name asks for certain vital pieces of information about the business, such as its name, principal place of business, and the names of the LLCs members or managers. Alongside this form, entrepreneurs must also pay the corresponding filing fee, though the amount may vary depending on the state’s laws and regulations at the time. It is essential to check the current rates and ensure compliance before proceeding with establishing an LLC.

Another key cost entrepreneurs must keep in mind is retaining the services of a registered agent. The registered agent serves as a point of contact between the business and the state. They are responsible for receiving and forwarding legal and tax documents and ensuring that the LLC does not miss any important deadlines or requirements set forth by the state regulatory agencies. Appointing a registered agent is mandatory in New Hampshire, and, naturally, there are some costs associated with utilizing these services. It is crucial to research and select a reliable registered agent in the state to ensure the smooth operation of the business.

Drafting an operating agreement, while not compulsory in New Hampshire, is highly recommended for LLCs. This internal document governs the LLC’s operational and financial decisions and outlines the rights, responsibilities, and distribution of profits among its members. Although many entrepreneurs decide to tackle this task themselves to save costs, seeking professional legal assistance to ensure legal compliance and accuracy may be a wise decision.

Maintaining an LLC in New Hampshire also involves annual compliance obligations, which entrepreneurs need to consider. These include filing an annual report, submitting the associated fee, and ensuring that records, such as operating agreements and meeting minutes, are accurately documented and maintained.

In conclusion, while establishing an LLC provides numerous benefits, it is vital for entrepreneurs in New Hampshire to understand the inherent costs associated with maintaining this type of business entity. Filing fees, registered agent services, and the importance of an operating agreement are primary financial factors to be considered. Additionally, meeting annual compliance obligations, including submitting an annual report, further add to the long-term costs. By carefully considering and budgeting for these expenses, entrepreneurs can set themselves up for success while operating their LLCs in the Granite State.

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.


About Author & Editorial Staff

Steve Goldstein, founder of LLCBuddy, is a specialist in corporate formations, dedicated to guiding entrepreneurs and small business owners through the LLC process. LLCBuddy provides a wealth of streamlined resources such as guides, articles, and FAQs, making LLC establishment seamless. The diligent editorial staff makes sure content is accurate, up-to-date information on topics like state-specific requirements, registered agents, and compliance. Steve's enthusiasm for entrepreneurship makes LLCBuddy an essential and trustworthy resource for launching and running an LLC.

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