A New Hampshire LLC is formed by filing the Certificate of Formation of a New Hampshire Limited Liability Company to the New Hampshire Secretary of State. The certificate must include the LLC’s name and address, the name and address of the registered agent, the LLC’s primary business, dissoluation date if applicable, and whether the LLC will be run by managers.
Under New Hampshire law, an LLC must have the words “Limited Liability Company” or the abbreviation “L.L.C.” included in the name. LLC’s can use the corporation search (https://www.sos.nh.gov/corporate/soskb/csearch.asp) at the New Hampshire Secretary of State website to check for name availability.
The registered agent of an LLC in Missouri must have a physical address in the state. The agent must be available during normal business hours to conduct legal and tax services on the LLC’s behalf.
What is an LLC?
LLC refers to a Limited Liability Company, and it is organized by business owners. They have fewer corporate formalities and can be taxed by the IRS as a sole proprietorship, S corporation, or C corporation.
Each state has different requirements and regulations regarding the formation of an LLC. Business owners should check with state laws when considering forming an LLC.
Owners of LLCs are known as members, they can be individuals, corporations, other LLCs, or foreign entities. There is no limit on the number of members an LLC can have. In most states, “single-member” LLCs are allowed, where there is only one owner involved in managing the LLC.
The IRS will treat the LLC as a corporation, partnership, or included in the LLC owners personal tax return. A domestic LLC with at least two members is classified as a partnership for federal income tax purposes unless they file Form 8832 and elect to be treated as a corporation.
LLCs carry tax advantages over other forms of business such as limited partnerships. The owners of an LLC do not assume personal liability for business debt, and any losses of the LLC can be used as tax deductions against active income.
An LLC can be formed through the state business formation process or consulting with LegalZoom.