New Hampshire Limited Liability Company Guideline
Northern New England business developers look to a New Hampshire LLC to gain benefits including personal asset protection, simple set up, low annual filing fees, corporate tax exempt status. and more.
Form an LLC for only $139 - New Hampshire LLC Information - LLC Links & Articles
A New Hampshire LLC In The "Live Free or Die" State
* Meeting Your Needs In NH And All 50 States. Your New Hampshire LLC incorporate form not only meets any of the normal requirements of emerging companies, however additionally forming your New Hampshire LLC is recognized as a legal form of corporation by all fifty US states.
* Major Benefit - Shielding Personal Assets From Credit Suit. Once your New Hampshire LLC formation documents have been approved by the state, then your New Hampshire LLC immediately qualifies for all the privileges and protections offered under New Hampshire law. Chief amongst the protections sought by business developers like yourself is the shielding of your personal assets (bank deposit, securities, auto, real property, etc.) from your New Hampshire LLC corporate liabilities. Bottom line, your New Hampshire LLC members' liability is strictly limited to their invested capital.
* Simple And Flexible Ownership Rules. A New Hampshire LLC offers important advantages to you in terms of ownership and capitalization.
In contrast with a Subchapter S corporate form which is legally restricted to 75 shareholders, your New Hampshire LLC can raise its required capital from an unlimited number of investor-members (which can include persons, trusts, pensions or even other LLC corporation entities) via private placement financing agreement set forth within your New Hampshire LLC operating agreement.
Once that your New Hampshire LLC is capitalized, you and your managers can take current financial operating data along with your balance sheet to lenders or other sources of financing and credit, just like other firms.
* Less Structured Corporate Governance. Your New Hampshire LLC creates additional advantages in the area of corporate governance. Unlike a standard corporate form which requires that firms conduct annual meetings and produce written meeting minutes, your New Hampshire LLC operates under less strict terms, accordingly can determine its own meeting and reporting policies as set forth within your New Hampshire LLC operating agreement.
Your New Hampshire LLC extends this operating flexibility into the area of dividend policy where you can pay dividend according to the policies agreed to by your members within your New Hampshire LLC operating agreement, unlike the standard corporate form where dividend is paid on a dollar-per-share rule basis.
* Secretary Of State Support Services. By electing a New Hampshire LLC, you establish the platform for moving into the pro-business New Hampshire marketplace, and additionally your New Hampshire LLC will attract the public sector support from the New Hampshire Secretary of State.
* No Corporate Taxation - Pass Through Profits And Losses To Members. Your New Hampshire LLC is considered a tax exempt "pass through" entity according to both state and federal tax rules.
Profit and/or loss on operations of your New Hampshire LLC is recorded on the personal tax return of your New Hampshire LLC members, based on their individual ownership interest of your New Hampshire LLC.
In arriving at your year-end "bottom line", your New Hampshire LLC can legally deduct qualifying operating costs and expenses, as well as take advantage of the federal rules for depreciating assets as recorded on your New Hampshire LLC balance sheet.
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