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New Hampshire
Corporate Name Endings
- The name must contain
the word "Corporation," "Incorporated," "Limited," or the abbreviation
"Inc." or "Corp., or "Ltd." The name must not be the same, or deceptively
similar to, the name of any corporation authorized to transact business
in the state, any reserved or registered name, the fictitious name of
a foreign corporation, domestic or foreign limited partnership, or any
other business entity. The name must not contain language implying the
corporation is organized for a purpose not permitted by the Act or its
articles.
Corporation Requirements
- Director Information
- Minimum Number - One or more.
- Residence Requirements - No provision.
- Age Requirements - None.
- Directors are
not required to be listed in the articles of incorporation.
- Officer Information
- Officers are
not required to be listed in the articles of incorporation.
- Stock Information
- An increase
in shares or par value does not affect initial filing fees.
- Corporation Records
- Minutes of
shareholders' and directors' meetings, a copy of the articles of
incorporation and bylaws, the names and addresses of directors,
and the most recent annual report must be kept with the corporation's
records.
Taxes and Fees
- Annual Statements
- Annual Reports
must be filed by April 1st with the Secretary of State. The filing
fee is $100.
- Income Tax Rate
- The tax rate
is 8.5% of taxable business profits.
- Business Enterprise Tax
- The tax is
imposed at the rate of .75% of the taxable enterprise value tax
base of every business enterprise. The "taxable enterprise value
tax base" means the enterprise value tax base adjusted by special
adjustments and further adjusted by the method of apportionment.
"Enterprise value tax base" means the sum of all compensation paid
or accrued, interest paid or accrued, and dividends paid by the
business enterprise. This tax is imposed only on corporations with
gross receipts exceeding certain thresholds.
- S Corporation
- S Corporation
status is not recognized by the State of New Hampshire.
- License Requirements
- New Hampshire
requires most businesses to obtain a license and pay a fee if operating
in the district. Please check with the district to make sure your
business is complying with the license requirements for your particular
profession.
For more information on taxes, visit
http://www.state.nh.us/revenue/.
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