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Before filing, you must choose a unique business name and appoint a registered agent. Starting an LLC in New Hampshire can take between two days and three weeks, depending on how you file.
An operating agreement is a key document used by LLCs because it outlines the business financial and functional decisions including rules, regulations and provisions. The purpose of the document is to govern the internal operations of the business in a way that suits the specific needs of the business owners.
By default, LLCs themselves do not pay income taxes, only their members do. New Hampshire, however, is relatively unusual in imposing several taxes directly on LLCs with incomes or other values above certain levels.
By default, single-member LLCs in New Hampshire are taxed as Sole Proprietorships by the IRS, and by default, multi-member LLCs in New Hampshire are taxed as Partnerships by the IRS. The bulleted list above refers to state and local taxes, not federal taxes filed with the IRS.
A domestic LLC is a business operating in the same state where it was created. It files its Articles of Organization as a Limited Liability Company.
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Just follow these seven steps and youll be on your way. Name Your New Hampshire LLC. Choose Your Registered Agent. Prepare and File a Certificate of Formation. Receive a Certificate From the State. Create an Operating Agreement. Obtain Business Licenses and Permits. Get an Employer Identification Number.
It costs $100 to file for a New Hampshire LLC. If you file the form online, there is an additional $2 service fee charged with the $100.
An operating agreement (bylaws) is an internal document that defines how the business owners professionally relate to one another. The articles of incorporation (certificate of formation) is a public document that legally establishes a business as a corporation.
New Hampshires business profits tax is charged at a flat rate. For 2020 through 2021, the tax rate is 7.7%. For 2022 and later the rate lowers to 7.6%.
Maine does not require LLCs to have operating agreements, but it is highly advisable to have one. An operating agreement will help protect your limited liability status, prevent financial and managerial misunderstandings, and ensure that you decide on the rules governing your business instead of state law by default.

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