To jumpstart the process of filing a New Hampshire LLC, you must come up with a valid name for your business. The LLC name should contain any of the following words per state requirements: ‘Limited Liability Company’ or ‘L.L.C.’. Any word or abbreviation of the same meaning in any language may also be used.
As well, your LLC name should be distinguishable from any existing business entity registered with the Secretary of State of New Hampshire. To ensure that the New Hampshire LLC name is valid, you can use the business name database tool.
Should the name be valid, an Application for Reservation of Name can be filed to the New Hampshire Secretary of State effective for 120 days. Filing is done through postal mail. Enclose a $15 filing fee.
To become legally compliant when starting an LLC in New Hampshire, you must also pick a Registered Agent. The NH LLC Registered Agent is important, as this entity will be in-charge of accepting service of process and legal notifications on behalf of your business.
For the Registered Agent to qualify for said position, the agent must either be an individual who resides in New Hampshire or another business entity that is registered to operate in the state. A physical street address has to be provided by the Registered Agent upon designation.
To legally register an LLC in New Hampshire, you must file a Certificate of Formation to the New Hampshire Secretary of State.
The following information is required when for New Hampshire LLC filing: LLC name and business address; Registered Agent name and address; nature of the LLC; dissolution date of the LLC; and a note whether managers will run the LLC.
An SRA Form should also be attached with the Certificate of Formation stating that your LLC has complied with the necessary New Hampshire securities laws. The application should be submitted by postal mail enclosed with the $100 filing fee.
As a legally operating business, you must obtain a New Hampshire EIN. An Employer Identification Number (EIN) is a 9-digit number series that is the unique identifier of your LLC.
To boot, this LLC EIN is used in almost all kinds of business transactions by your organization that is why it is a must to obtain one. By far, the most convenient way to obtain an EIN is through online application at the IRS website.
The next step to starting a New Hampshire LLC is to start a separate bank account from your personal one. This is important because you will be able to keep all assets separate in the eyes of the law.
Although there are many options available, do the research to see which is right for you and your business. If you’re not sure where to get started, here is a great roundup of the best banking options.
Now that you have accomplished the five simple steps above, you are already considered a legally registered LLC. The next subsequent steps are provided to help you operate legally.
These steps are a mix of recommended and required things to do for your business and it is a guarantee that they will help you operate a successful business.
Much of a business’ success cannot only be attributed to plain hard work, passion and dedication when starting a New Hampshire business, but most importantly, to a strong and winning business plan.
A business plan provides a concrete strategy on how to achieve business goals and what steps to take to provide countermeasures in cases of business problems. In fact, a business plan serves as the New Hampshire LLC’s guide to successfully start, run, and operate a business.
For this reason, you must write a business plan no matter what it takes. You can get started with the links below.
As a requirement to incorporating an LLC in New Hampshire, one must completely file all the required New Hampshire LLC tax reports as well as obtain the necessary New Hampshire business licenses.
As there are a myriad of New Hampshire business tax obligations that must be completed, you must have a full understanding of how the tax system works in the state. In addition, you can glean some information on common business taxes through Startup Savant’s New Hampshire Business Taxes guide.
In the same way that tax obligations are to be fulfilled when starting an LLC in New Hampshire, so should the necessary business licenses and permits be. When it comes to New Hampshire business license requirements, it is best to do your research in advance and list down the needed forms and paperwork to begin the process of obtaining various kinds of licenses.
Our New Hampshire Business Licenses and Regulations guide offers a few invaluable resources to get you started on this task.
As another requirement for maintaining an LLC in New Hampshire, an Annual Report should be submitted. This New Hampshire LLC annual report is due April 1 of every year, and should be filed online or through mail application to the Secretary of State.
Do not forget to enclose a $100 filing fee payable to the Secretary of State of New Hampshire.
An LLC Operating Agreement provides a viable structure on the financial and managerial relationship between owners of the LLC in such a way that benefits the business most.
Aside from defining this important aspect in your business, an Operating Agreement also protects the limited liability status of your organization. Most importantly, when issues arise during business operations, the matter on how to resolve the issue will be governed by the procedures defined in your Operating Agreement and not by state default rules.
To get started on creating this document, Rocket Lawyer has a fully customizable Operating Agreement that can also be signed online.
Nowadays, building a professional website is important, especially if you want to be taken seriously by your customers.
With WordPress, you’ll be able to build a professional yet less complex website for your LLC in minutes. No need to hire a professional designer. Learn how to get started through this simple step-by-step guide.
Please note that this is an informational guide and is intended only to give general information on how to form a New Hampshire LLC. For further details on the specifics of a New Hampshire LLC or starting an LLC in New Hampshire in general, consult the expert advice of a business lawyer.