How to Form a Company in New Hampshire

Introduction

If you’re thinking about starting a business in New Hampshire, you’ve come to the right place! The process of forming a company is easy, and there are several different types of businesses that can be formed in New Hampshire. To start your new business, you’ll need to choose a business structure, register with the state, get an Employer Identification Number (EIN), obtain licenses and permits, hire employees if necessary and open bank accounts. Once your company has been properly formed in New Hampshire it will be ready to operate as an independent legal entity.

Choose a Business Structure. You must select a business structure before you can form a new business.

When forming a new business, you must choose a business structure. There are several types of businesses that can be formed in New Hampshire. Each type of business has its own pros and cons. The most common types of businesses include:

• Sole proprietorship
• Partnership
• Corporation (C-corp)
• S-corp

Choose a Business Name. Your new company’s name is important because it will represent your company in the marketplace.

The name you choose for your company is important because it will represent your company in the marketplace. While there are no legal restrictions on what you can name your business, there are some guidelines to keep in mind. The best names tend to be simple and easy to remember, and the words used should be easy for people outside of your industry to spell. Avoid using pluralized forms (like “The Jones” or “Joneses”) or acronyms, which may not read well when abbreviated (for example, J&J instead of Johnson & Johnson).

Avoid names that are similar to other companies in your area as well as those already registered with New Hampshire’s Secretary of State office. You don’t want someone else trying to register a trademark similar enough that it could cause confusion among consumers who might mistakenly believe they were purchasing items from another party entirely!

Register with the State. All businesses in New Hampshire must register with the New Hampshire Department of Revenue Administration (DRA).

• Register with the State. All businesses in New Hampshire must register with the New Hampshire Department of Revenue Administration (DRA). If you are registering a corporation, then you will need to provide:
• Your name, address and phone number.
• The name of your business. This can be any name that is not already registered to another company or individual. You may also use an assumed name if you already have one registered in NH (see below).
• A copy of your articles of incorporation or certificate of formation, filed with either the Secretary of State’s office or the county clerk where incorporated/formed. If there is no record on file when filing your DBA application, then submit a photocopy of proof that Articles have been filed within six months prior to submitting this application (i.e., an affidavit from an officer stating date on which Articles were filed).

Get a Federal Employer Identification Number (FEIN). As an employer, you need to obtain an EIN from the IRS.

If you are a business owner, one of the first things that you need to do is get an EIN. An Employer Identification Number (EIN) is a nine-digit number assigned by the IRS to businesses in order to identify them for tax purposes. The EIN is required for any company that has employees and pays income taxes or employee wages in the United States or has withheld taxes on behalf of its employees.

In short: It’s important! You cannot open a bank account without it, nor can your business pay its employees unless it has one. If you don’t have an EIN already, then go ahead and apply for one today!

The application process only takes about five minutes—just make sure that while doing so, you’re logged into your personal account on irs.gov rather than another website like TurboTax or H&R Block because otherwise there could be problems (this includes using Safari). Once submitted, approval should take less than 24 hours but may take up to three weeks depending on how busy they are at the time of submission.

Obtain Licenses and Permits. Every business needs at least one license or permit to legally operate in New Hampshire.

You will need to apply for a license or permit if you sell products or services and operate a business out of your home. Licenses and permits can be obtained from the state’s Department of Environmental Services (DES).

Open a Business Bank Account. To keep your personal and business finances separate, you need to open a separate business bank account for your company.

If you are going to run a business in New Hampshire, you need a bank account for your business. To keep your personal and business finances separate, you need to open a separate business bank account for your company.

Here’s how to get started:

• Open an account with an online bank or credit union (if possible). It’s easier than it used to be thanks to technology and the internet!
• Get some forms from your state that show that you are forming a company. You can find these online at [website] or by calling 1-800-DOING BUSINESS IN NEW HAMPSHIRE if it’s more convenient for you. You’ll use these forms when creating your LLC or corporation with the Secretary of State. You don’t need them yet–just keep them handy so that when we’re ready we won’t have any delays getting started!

Hire Employees. If you hire employees, you will need to obtain additional state licenses and permits related to payroll taxes and workers’ compensation insurance.

If you hire employees, you will need to obtain additional state licenses and permits related to payroll taxes and workers’ compensation insurance. If your business is large enough that you have more than one employee, then the state requires that you register with them as an employer by completing Form W-4 (Application for Federal Employer Identification Number). This form also acts as an application for a federal employer identification number (FEIN) which is used as a tax identification number by all businesses in the United States regardless of their size or industry.

In addition to these steps necessary when hiring employees, there are other actions required at the federal level:

• Register with the Internal Revenue Service (IRS) using Form SS-4 (Application for Employer Identification Number), which can be completed online;
• Obtain workers’ compensation insurance if applicable;
• Prepare federal payroll forms like Form 941 (Employer’s Quarterly Federal Tax Return) if applicable;

It’s not difficult to form a business in New Hampshire!

It’s not difficult to form a business in New Hampshire!

As the home of Dartmouth College, many students and their families decide to stay after graduation. Whether you are starting a new company or already running one, there are plenty of resources available. The New Hampshire Secretary of State has an excellent website with information on how to register your business, as well as links to other useful resources.

Conclusion

The process of forming a new business in New Hampshire is simple and straightforward. We hope this article has given you some insight into how to form a company here – and helped you better understand the steps involved in getting started on your own! If you have any questions about the process outlined above, please contact us or another professional who can help guide you through the process.