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Doing business in

New Hampshire

Navigate New Hampshire’s business landscape with ease—whether you’re incorporating, expanding, or managing tax compliance. Commenda helps you stay ahead with automated solutions for incorporation, compliance, and tax filings.
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Business Overview

New Hampshire provides a favorable tax climate with no state income or sales tax. The state’s economy includes manufacturing, technology, and healthcare sectors. Its location offers access to Boston-area markets and talent while maintaining lower operating costs and regulatory burdens.

Key Facts & Figures

Category Details
Capital Concord
Major Cities Manchester, Nashua, Concord, Derry, Dover
State Sales Tax Rate No state sales tax
Local Sales Tax Rate No local sales tax
Corporate Income Tax No corporate income tax (Commerce Tax applies to businesses with over $4M in revenue)
Physical Nexus Threshold No sales tax nexus requirements (no sales tax)
Economic Nexus Threshold No economic nexus laws (no sales tax)

Did you know?

New Hampshire has no state sales tax or personal income tax, making it an attractive location for business development.

Setup & Compliance

New Hampshire offers business-friendly formation with unique tax advantages.

Setting Up a New Hampshire Business:

  1. Choose Your Business Structure: Consider New Hampshire’s tax advantages, including no sales or income tax.
  2. Register Your Business: File formation documents with the New Hampshire Secretary of State.
  3. Obtain Required Licenses: Research and secure necessary state and local business licenses.
  4. Register for Tax Accounts: Register with the Department of Revenue Administration if applicable.
  5. Register as an Employer: Register with Employment Security if hiring employees.

Unique New Hampshire Advantages:

  • No Sales Tax: New Hampshire does not impose sales tax on goods or services.
  • No Personal Income Tax: Business owners benefit from no personal income tax on earnings.
  • Business Profits Tax: Businesses pay 7.6% Business Profits Tax on taxable income over $50,000.
  • Business Enterprise Tax: 0.55% tax on enterprise value tax base (compensation, interest, and dividends).
  • Annual Report: Most entities must file annual reports with the Secretary of State.

Hiring & Payroll

New Hampshire maintains a business-friendly employment environment with minimal state regulations.

New Hampshire Payroll Requirements:

  • Unemployment Insurance: Rates from 0.1% to 6.9% on first $14,000 of wages.
  • No state income tax or wages tax.
  • Workers’ Compensation: Required for most employers.

New Hampshire Employment Laws:

  • Minimum Wage: Follows federal minimum wage ($7.25/hour).
  • No state-mandated paid sick or family leave.
  • New hire reporting required within 20 days.
  • Final paycheck due on next regular payday.
  • New Hampshire is an at-will employment state with right-to-work laws.

State Incentives

New Hampshire offers targeted economic incentives to support business growth.

Key Business Incentives:

  • Job Training Fund: Support for employee skill development.
  • Community Development Finance Authority: Grants and tax credits.
  • Research and Development Tax Credit: Supports innovative company development.

Small Business & Startup Support:

  • New Hampshire Small Business Development Center: Comprehensive business consulting.
  • Rural Business Development Grants.
  • Technology Transfer and Commercialization Grants.

Regulatory Considerations

New Hampshire maintains a business-friendly regulatory approach with clear guidelines.

Key Business Regulations:

  • Data Privacy: Laws protecting consumer and business information.
  • Environmental Compliance: Regulations supporting sustainable business practices.
  • Professional Licensing: Required for various service-based professions.

Additional Regulatory Areas:

  • Small Business Compliance.
  • Technology and Innovation Sector Regulations.

Explore Tax & Compliance Topics

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