The objective of the annual report is three-fold. The annual report keeps the Government informed about all the updates, communicates about all the modifications or changes, & keeps the LLC members informed about the necessary taxes and costs. This article has all the information about New Hampshire LLC annual report filing in New Hampshire.
An annual report can be called an address book, as it features all the relevant addresses of the company & the members. This yearly report is a record of all the company’s activities in an entire year. It is also referred to as the Annual Franchise Tax Report because it helps in filing the franchise tax.
On this page, you’ll learn about the following:
- Contents of the Annual Report
- New Hampshire LLC Annual Report
- Does the State of New Hampshire Require an Annual Report Filing?
- Why Do LLCs Have to File the Annual Report?
- How to File a New Hampshire LLC Annual Report
- Seek the Help of a Registered Agent
Contents of the Annual Report
Typically the annual report filed by a New Hampshire LLC (or any other business entity for that matter) will include all the information related to its business & members. The standard contents of the annual report or the annual franchise tax report are
- Office Address of the LLC
- Names & Addresses of the Members & managers.
- Identification Documents
- Social Security numbers of the key members of LLC
- The objective of the business of LLC
- List of all the signatories of the LLC
- Information of the registered agent, if any
New Hampshire LLC Annual Report
An Annual report is essential for all business types. It authenticates that the information provided to the Secretary Of the State is accurate & updated. The information provided in the annual report helps the State officials to ensure that all the companies pay taxes. The New Hampshire Annual Report is filed with the New Hampshire Department of State.
Does the State of New Hampshire Require an Annual Report Filing?
Every business entity in New Hampshire is bound to file an annual report with the New Hampshire Department of State. This rule applies to all the legal entities such as C Corporations, Limited Partnerships, Limited Liability Companies, bound to file the Annual Report.
Annual Report Deadline
As mentioned above, filing the Annual report is a mandatory requirement even for an LLC. An LLC operating in New Hampshire has to file the Annual report with the New Hampshire Department of State on 1st April every year.
Penalties for Non-filing or late filing
An Annual Report is one of the important documents filed by an LLC. Failure to file the report by 1st April may result in a late fee of $50. If there is a further failure in filing the report it may result in the dissolution of the LLC.
Why Do LLCs Have to File the Annual Report?
Some of the states are not required to file this yearly report, commonly known as the Annual Report. However, there are some reasons why states should file an LLC Annual Report. Here are some reasons,
To Maintain the Accuracy of the Information
An annual report filed by the LLC has all the updated information about its official addresses & the names or addresses of all its officials. This updated information allows the State authorities to track down any LLC when communicating.
To Provide the Correct Correspondence
Many times, any creditor or other entity willing to transact with the LLC requires the correct correspondence address. If this information (which can only be modified with the help of an annual report) is not updated every year, such entities will not be able to communicate with them.
To Notify the Government About All the Significant Changes
If you have changed your main business address or had new business appointments of managers or members, the annual public information report notifies the State Government Entities about it. So, the next time someone questions a newer reform that you have introduced in your LLC, you will be saved because you had submitted the information with the Government.
To Provide an Activity Log of an LLC
The Annual Report is like an activity log of the LLC. It brings on record; all the transactions, new associations, appointments, etc. & keeps those records intact for all future references.
To Help You With the One-time Filing of Taxes
The annual report is an excellent means to keep you on your toes in case of your dues payment. Every LLC must pay the taxes through the annual report filing. By filing the report on time, the LLC can manage the exemptions & can avoid penalties imposed by the Government.
To Enable the State to Track the Payments
The government authorities use all the information filed through the annual report, for tracking the payment of State Taxes.
How to File a New Hampshire LLC Annual Report
The New Hampshire LLC Annual Report can be filed online, or it can be filed by mail. An LLC operating in New Hampshire has to file the Annual report with the New Hampshire Department of State on 1st April every year.
Steps to File Michigan LLC Annual Report Online
Time needed: 5 minutes.
Below is the procedure to file the New Hampshire LLC Annual Report online.
- Visit New Hampshire’s Department of State Website.
The first step in filing the New Hampshire Annual Report is to visit the New Hampshire Department of State Website.
- Click on the “File Annual Report” Icon.
Scroll down on the page & click on the File Annual Report icon.
- Log in to your account.
Create a free account if you don’t have one or log in to an existing account (on the New Hampshire Quickstart).
- Click on the “Business Services” tab.
After Logging in, click on the “Business Services” tab on the menu.
- Choose the “File an Annual Report/Fee” option.
Choose the “File an Annual Report / Fee” & start filing the report online.
Filing New Hampshire LLC Annual Report By Mail
To file the LLC Annual report in New Hampshire, you can follow the steps as mentioned below,
- Visit the New Hampshire Department of State Website
- Create a free account if you don’t have one or log in to an existing account (on the New Hampshire Quickstart)
- After logging in, click on the “Business Services” tab on the menu.
- Choose the “File an Annual Report / Fee”
- Download the form on your computer
- Fill in the required information & send the printed copies of the forms and relevant documents to the address: Corporation Division, NH Department of State, 107 N. Main St., Concord, NH 03301-4989
New Hampshire LLC Annual Report (Domestic & Foreign)
|State Office:||Corporation Division, NH Department of State, 107 N. Main St., Concord, NH 03301-4989|
Links to Website
|Due Date:||An LLC operating in New Hampshire has to file the Annual report with the New Hampshire Department of State on 1st April every year.|
|Filing Fee:||The Annual Report filing fee is $100.|
|Penalty:||Failure to file the report by 1st April may result in a late fee of $50. If there is a further failure in filing the report, it may result in the dissolution of the LLC.|
|Filing Method:||An LLC can file the Annual Report Online or by mail.|
|Important Information:||Once a Domestic or Foreign New Hampshire Limited Liability Company submits the Annual Report along with the prescribed fees to the New Hampshire Department of State, the filing is said to be complete.|
Seek the Help of a Registered Agent
Every State will have a different rule for filing the Annual Report. Usually, it is submitted every year, but it is submitted once in two years in some states. Some states require the filing of the report only once in ten years.
Not only the timing, the mode of filing, the proper addresses, exemptions, legality, annual report compliance, etc., have to be taken care of while paying the taxes or filing any reports with the State authorities. In many such scenarios, it is advised that an LLC appoints a Registered Agent to manage all this. Check out the best LLC service that offers all the services at an affordable price. An experienced agent is required for:
- Streamlining the mandatory processes & filing.
- Sending or receiving any documents.
- Reminding you about important dates of filing or payment of taxes.
- Simplifying the filing procedures.
- Avoid any penalties.
- Flexibility in working.
- Maintaining Privacy (as it keeps your personal records off the public record)
You can read more about a New Hampshire Registered Agent here.
How Fast Can I Fill New Hampshire LLC Annual Report
Deadline for filing annual reports in New Hampshire is April 1 every year with the New Hampshire Secretary of State. Late fee of $50 is imposed if not filed within the deadline.
If you are a business owner in New Hampshire, you probably have heard the phrase “annual report.” However, what exactly does that mean? Basically, an annual report is a statement of information regarding your company’s activities. It is due every year, and it reflects changes in your company’s purpose, members, and registered agent. The information included in an annual report can help the government track the state taxes you pay. As such, it’s important to file yours as soon as possible.
You can file your annual report online, by mail, or by visiting the New Hampshire Secretary of State office. Filing it by mail will require a money order or check. There is a convenience fee of $2 if you choose to file by mail. This fee helps cover the cost of the Department of State’s processing. Depending on your county, you may have to wait seven to ten days to receive your filing.
If you have an ACH account, you can save time by submitting your filing electronically. To create an ACH account, you will need to log in to the Department of State’s website. From there, you can access the menu on the left side of the page. Click on the “Annual Report” tab, and the “Annual Report” window will appear. Once you’ve filled out the required fields, click on the “Continue” button. After a short while, you will be directed to the payment gateway. Pay the fee using a credit or debit card. Your fee will be refunded if you are not able to download the document.
The statement of change of registered office is another required filing. You can make this change as early as January 1st of each year. A courtesy reminder will be sent to your mailing address after January 1. In addition to being a good time to make a change, this is a must-do, since you must do it before the end of April in order to continue conducting business.
Another annual reporting requirement is a Certificate of Good Standing. This certificate indicates that your LLC is in “good standing.” While you don’t have to be in the habit of keeping up with annual reports, it’s a good idea to file it. If you fail to do so, you could get fined $50. Also, if your LLC is found to be in poor standing, you can have it dissolved by the Department of State.
Lastly, you can find out more about the best way to file your LLC’s annual report. You can use a registered agent service, which will not only submit your annual report for you, but also notify you of when your reports are due. Additionally, your agent can act as your representative, receiving and distributing lawsuits and other legal documents for your business.
The annual report is a required filing for any entity in the state. Failure to do so can lead to dissolution of your LLC, so it’s best to file yours as early as possible.
Yes, an annual report is essential for every business entity in most states. Some states also ask to file biennial or decennial reports to be filed.
A Yearly Business Report or the annual report typically incorporates the address of the business, names & addresses of the members, a list of all the signatories, SSN of the members, & details of the registered agent.
A Registered Agent is well-aware of all the filing requirements, annual report filing fee, & overall Annual Report compliance. The knowledge & proficiency of the registered agent allows the smooth filing of reports & other fees.
The most important thing for filing an Annual Report is record keeping. Make sure that you document every other transaction well.
Yes, the fees may vary depending on the type of entity or the type of legal entity you are representing.
An LLC has to file many types of reports, such as Application for Reinstatement, Periodic Report of a limited partnership (usually filed by the exempt nonprofit organization), etc., which are required depending on the type of entity. The Annual Report is mandatory irrespective of the entity type. It requires compliance across entities.