How to Form an LLC in New Hampshire

How to Form an LLC in New Hampshire – Read our guide and learn the steps necessary to form a limited liability company in New Hampshire.

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Introduction

A limited liability company, or LLC, is a business entity created under state law that can shield its owners from personal liability for business debts and judgments.3 min read

If you’re doing business in New Hampshire, you may want to form an LLC. An LLC can protect your personal assets from business debts and judgments. And, unlike a sole proprietorship or partnership, an LLC is not dissolved if one of the owners dies or files for bankruptcy.

Here’s what you need to know about forming an LLC in New Hampshire.

What is an LLC?

An LLC is a business entity that offers personal liability protection and tax advantages.3 min read

An LLC is a business entity that offers personal liability protection and tax advantages.3 min read

An LLC, or limited liability company, is a type of business entity that offers its owners personal liability protection and tax advantages.3 min read

Why Form an LLC in New Hampshire?

An LLC is a business structure that can combine the best aspects of a corporation and a partnership.3 min read

An LLC is a business structure that can combine the best aspects of a corporation and a partnership. LLCs are popular because they offer personal asset protection, tax benefits, and flexibility in management structure.

There are many reasons to form an LLC in New Hampshire. The state has one of the lowest corporate tax rates in the country and there is no sales tax. New Hampshire is also home to many businesses, including some of the largest companies in the world.

If you’re thinking about forming an LLC in New Hampshire, here’s what you need to know.

1. How to File Articles of Incorporation in New Hampshire

2. How to Choose a Registered Agent in New Hampshire

3. How to Draft Operating Agreement for an LLC in New Hampshire

How to Form an LLC in New Hampshire

In New Hampshire, you can form an LLC by filing Articles of Organization with the New Hampshire Secretary of State. The Articles of Organization must include the LLC’s name, address, and the names of its organizers. You will also need to pay a filing fee.

You can file your Articles of Organization online, by mail, or in person. Once the Articles of Organization are accepted, your LLC is officially formed.

After your LLC is formed, you will need to obtain an Employer Identification Number (EIN) from the IRS. You will need this number to open a bank account and file taxes. You can apply for an EIN online, by mail, or by fax.

In New Hampshire, LLCs are regulated by the New Hampshire Secretary of State’s Office. You can find more information about forming and maintaining an LLC in New Hampshire on the Secretary of State’s website.

Name Your LLC

Now that you have decided to form an LLC in New Hampshire, it’s time to name your business. The first step is to check the availability of your chosen name by searching the business records of the New Hampshire Secretary of State. If the name is available, you can reserve it for 120 days by filing a Name Reservation Request form with the Secretary of State.

Once you have chosen and reserved your LLC’s name, the next step is to file the Articles of Organization with the New Hampshire Secretary of State. The Articles of Organization is a simple one-page form that requires you to provide your LLC’s name, contact information, and the names and addresses of your LLC’s organizers. You will also need to designate a registered agent for your LLC. A registered agent is a person or business who agrees to receive legal documents on behalf of your LLC.

After you have filed the Articles of Organization, you will need to draft an Operating Agreement. The Operating Agreement is an internal document that outlines the rules and regulations for your LLC. It is not required by the state of New Hampshire, but it is a good idea to have one in place to prevent disagreements among members down the road.

Finally, you will need to obtain an Employer Identification Number (EIN) from the IRS. You can apply for an EIN online, by fax, or by mail. Once you have obtained your EIN, you can open a bank account in your LLC’s name and start doing business!

Choose a Registered Agent

Before you can form an LLC in New Hampshire, you must choose a registered agent. A registered agent is an individual or business that agrees to receive legal papers on behalf of your LLC. This person or company must have a physical address in New Hampshire and be available during business hours to accept deliveries.

You can appoint yourself as the registered agent for your LLC, but we recommend hiring a professional service. Registered agents can provide valuable assistance if your LLC is ever sued. They can also help you keep your personal information private by accepting legal documents on your behalf.

If you decide to hire a registered agent service, make sure to choose a reputable company that is incorporated in New Hampshire and has a good customer service reputation. We recommend using Incfile, which provides registered agent service for LLCs in all 50 states.

File the Certificate of Formation

To form an LLC in New Hampshire, you must file a Certificate of Formation with the New Hampshire Secretary of State. The Certificate of Formation must include:

-The LLC’s name and address
-The LLC’s registered agent and address
-The LLC’s purpose
-The names and addresses of the LLC’s organizers
-The date on which the LLC will dissolve, if applicable
-Whether the LLC will have members or managers
-If the LLC will have managers, the names and addresses of the initial managers

You can file the Certificate of Formation online, by mail, or in person. The filing fee is $100.

Create an Operating Agreement

Operating Agreement. All LLCs organized in New Hampshire must have an operating agreement. This agreement is a contract among the members that sets forth the LLC’s business purpose, member voting rights and duties, and provisions for profits and losses. If the LLC has only one member, the operating agreement is between the LLC and the member.

The New Hampshire Business Corporation Act and Limited Liability Company Act both require that every LLC have an operating agreement. The agreement may be in writing or oral, but must be agreed to by all members before the LLC can begin doing business.

Comply With Other Tax and Regulatory Requirements

As a business owner, you are subject to other tax and regulatory requirements imposed by federal, state, and local government agencies. Depending on the size and nature of your LLC, you may be required to obtain licenses and permits from one or more of these agencies.

You may also be required to file certain documents with the Secretary of State’s office, such as your Articles of Organization, operating agreement, and biennial report. Finally, you will need to comply with the requirements imposed by the New Hampshire Business Corporation Act.

Conclusion

This article has provided you with a general overview of how to form an LLC in New Hampshire. While the process may seem daunting at first, it is actually quite simple and straightforward as long as you follow the steps outlined in this article. If you have any questions or need assistance, please feel free to contact a business lawyer in New Hampshire.