Registration of Business Name
- If doing business under own name, registration is not required, but it is desireable.
- If trading under any ficticious name, even your own, registration of this trade name may be accomplished by contacting:
- Office of Secretary of State
State of New Hampshire
25 Capital St, 3rd Floor
Concord, NH 03301
(603) 271-3244 (603) 271-3246
Click on "Forms & Laws" then "Tradenames"
You receive a 5-year registration with a $50 fee.
- Office of Secretary of State
- New Hampshire Business Tax
- New Hampshire defines Gross Income as the total of all income for Federal income tax purposes from whatever source derived.
- NH Business Profits Tax (BPT) 7.5%
- For TY2023 anyone in business, whose gross revenue exceeds $103,000 must file Form NH-1040.
- BPT tax rate is 7.5%
- Form NH-1040 for sole proprietorships and single-member limited liability companies (SMLLCs) that are taxed as proprietorships federally.
- Form NH-1065 for partnerships.
- Form NH-1120 for corporations.
- NH Business Enterprise Tax (BET) 0.55%
- For TY2023, anyone in business, whose gross revenue exceeds $281,000 or whose BET Tax Base exceeds $281,000 must file Form NH-BET
- BET Value Tax Base is the sum of all:
- compensation paid or accrued, interest paid or accrued, and dividends paid by the business enterprise,
- BET tax rate is 0.55%
- Form NH-BET for all Corporations, Partnerships, Proprietorships, Estates, Trusts, Non-Profits, LLCs, and Combined Groups.
- BT-Summary
- If you are required to file the BPT tax form and/or BET tax form, you must file the BT-Summary form.
- The BT-Summary form summarizes all of the taxes you owe to the New Hampshire Department of Revenue Administration (DRA).
- NH Interest & Dividends tax (I&D tax) 5.0%
- NH I&D tax is assessed on Interest & Dividend income and is levied on all New Hampshire residents and fiduciaries whose gross interest and dividends income, from all sources, exceeds $2,400 annually ($4,800 for joint filers).
- In addition, Limited Liability Companies (LLC's), Partnerships, and Associations, with non-transferable shares, whose gross interest and dividends income, from all sources, exceeds $2,400 annually must file and pay NH I&D Tax.
- I&D tax rate is 5.0%
- Form DP-10 for all entities.
- File your NH tax return(s) online GRANITE TAX CONNECT
- New Hampshire Department of Revenue Administration
Governor Hugh Gallen State Office Park
109 Pleasant Street (Medical & Surgical Building)
Concord, NH 03301 - Taxpayer Services Division tel: (603) 230-5000
- New Hampshire Department of Revenue Administration
- Here is a table of the BPT, BET, & I&D tax rates in NH from 2016 to 2026:
- Year BPT Rate BET Rate I&D Rate
- 2016 7.7% 0.6% 5%
- 2017 7.7% 0.6% 5%
- 2018 7.7% 0.6% 5%
- 2019 7.7% 0.6% 5%
- 2020 7.6% 0.55% 5%
- 2021 7.6% 0.55% 5%
- 2022 7.6% 0.55% 5%
- 2023 7.6% 0.55% 4%
- 2024 7.6% 0.55% 3%
- 2025 7.6% 0.55% 2%
- 2026 7.6% 0.55% 1%
- NH I&D Tax is repealed for taxable periods beginning after 12/31/2026
- Here is a table of the BPT & BET filing thresholds in NH from 2016 to 2026:
- BPT BET BET
- Threshold Threshold Threshold
- Tax Gross Gross Value
- Year Income Income Base
- 2016 50K 207K 103K
- 2017 50K 208K 104K
- 2018 50K 208K 104K
- 2019 50K 217K 108K
- 2020 50K 217K 108K
- 2021 50K 222K 111K
- 2022 92K 250K 250K
- 2023 103K 281K 281K
- 2024 103K 281K 281K
- 2025 * * *
- 2026 * * *
- Licenses
- State and municipal ordinances require licenses of various kinds for a number of businesses. A restaurant, for instance, may require clearance from the local Fire Dept., Sanitation Dept., Health Dept., Board of Alcoholic Beverage Control, etc.
- State licenses are required for business activities such as:
- outdoor advertising
- liquor handling
- real estate brokering
- electrical contracting
- automobile dealerships
- junk yards
- lumber sales
- other
- It is recommended that prospective businesspeople make thorough inquiries to the appropriate municipal and state authorities.
- Choosing Your Form of Business Organization
- There are different advantages and disadvantages to the four (4) major forms of business organization:
- Sole Proprietorship,
- Partnership,
- Corporation,
- Limited Liability Company (LLC).
- There are different advantages and disadvantages to the four (4) major forms of business organization:
- You would be wise to consult an attorney for legal advice. For the name of an attorney call:
- NH Bar Association
- 2 Pillsbury Street, Suite 300 Concord, NH 03301
- tel: 603-224-6942 fax: 603-224-2910
- NH Bar Association
- Complaints
- Consumer complaints may be filed with:
- NH Consumer Protection & AntiTrust Bureau
33 Capitol St
Concord, NH 03301-6397
(603) 271-3641
- NH Consumer Protection & AntiTrust Bureau
- Consumer complaints may be filed with:
- Federal Trade Commission (FTC)
- The FTC is a federal agency which deals with consumer protection matters on a national level or when interstate commerce is involved.
- Federal Trade Commission
600 Pennsylvania Ave, NW, Washington, DC 20580-0002
1-877-FTC-HELP or 1-877-382-4357 (toll-free)
TDD: 1-202-326-2502
- Federal Trade Commission
- The FTC is a federal agency which deals with consumer protection matters on a national level or when interstate commerce is involved.