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Setting up an LLC in New Hampshire requires just a few steps, and this guide will walk you through them.
Step 1: Choose a Name for Your LLC
The first step in setting up an LLC in New Hampshire is choosing a name for your company. The name must include “LLC” or “Limited Liability Company” somewhere within it and cannot contain any words prohibited by the state, such as bank or insurance. Additionally, the name cannot be too similar to existing business names already registered with the state. You can search for available names on the New Hampshire Secretary of State website before submitting your application form.
Step 2: Appoint a Registered Agent
The next step is appointing a registered agent for your company. A registered agent is an individual or business entity responsible for receiving legal notices and documents on behalf of your company. This includes service of process notifications and other official documents from government agencies or courts. The registered agent must be either an individual resident in New Hampshire or a corporation authorized to do business in the state.
Step 3: File Your Articles of Organization
Once you have chosen your name and appointed a registered agent, it’s time to file your Articles of Organization with the Secretary of State Office in Concord, NH. This document outlines important information about your company such as its purpose, members/managers, and address information. You can also include additional provisions that are specific to your company if desired (e.g., dissolution procedures). The form costs $100 and must be notarized prior to filing with the state office.
Step 4: Create an Operating Agreement
An Operating Agreement establishes how the business will be operated and managed and should be drafted before opening any accounts or taking on any investors/partnerships. It lays out each member’s responsibilities and roles within the company as well as how profits/losses will be distributed among members upon dissolution of the LLC if needed. The agreement should also include information regarding meetings, voting rights, contributions, distributions, indemnification clauses etc.. You may wish to consult with an attorney when drafting this document since it is legally binding once signed by all parties involved in forming the LLC .
Step 5: Obtain Necessary Licenses & Permits
Depending on what type of business you are running, there may also be additional licenses or permits that need to be obtained before operation begins (e.g., food service establishments must obtain health inspection certificates). Contact your local county clerk office for more information about these types of requirements as they vary depending on location within New Hampshire.
We have collected online reliable resources to guide you through the process in details. Let’s go to our Resources page.