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New Hampshire
LLC Formation
Our
experienced and
reputable company offers US LLC formed in New
Hampshire.
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New Hampshire
LLC
Formation Fee
$560
Annual Fee (payable from second year)
$395
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GENERAL INFORMATION
Taxes
LLC
is not taxable entity. Income (loss) is passed through to members, and
members pay taxes as individuals. Members non-US residents are not liable
for US income tax for income derived outside of the United States and
passive income derived from the United States, such as interest income,
dividend income and capital gains.
Therefore, non-US residents are not liable for any US
income taxes, when their LLC conducts business outside of US. If an US LLC
trades with US companies from outside of US, such LLC does not conduct
business in US. Only presence of permanent establishments of the LLC in
US, such as offices, warehouses, etc., allows to classify such LLC as a
LLC conducting business in US.
Despite
of the fact, that LLC is not taxable entity, under some conditions LLC
needs to file annual income tax return with IRS.
No income
tax return required if:
-
LLC conducting a trade or business outside of the United States, and
-
All LLC's members are non-US residents for income tax purposes.
LLC is
required to file federal annual
income tax return with IRS if:
-
LLC conducting business in US,
and
-
LLC has two or more members.
LLC
conducting business in US and having only one member is not required to
file income tax return. The income and expenses need to be reported on the
member's individual tax return.
LLC
Name
LLC's
name must contain the words "Limited Liability Company" or the
abbreviation "L.L.C." or the designation "LLC" and may
contain the following words: "Company," "Association,"
"Club," "Foundation," "Fund,"
"Institute," "Society," "Union,"
"Syndicate," "Limited" or "Trust". Also
LLC's name may contain the name of a member or manager.
LLC's
name must be distinguishable upon the records of the Secretary of State
from the names of other Delaware business entities or foreign corporations
authorized to transact business in Delaware.
Time
Required for Formation
1
to 5 business days.
Members
Minimum
number of members - one.
Residency
requirements - no requirements.
Corporate
members - permitted.
Managers
Management
of LLC can be governed by its member(s) or by elected manager(s).
If
a limited liability company agreement states that management of the
limited liability company is vested in a manager or managers, a minimum
one manager is required.
Managers
need not be members of the limited liability company.
Residency
requirements - no
requirements.
Corporate
managers - permitted.
Public
Records
Members
and/or managers are not required to be listed in the articles of
organization.
Members
information must be kept in the LLC's principal office, which can be
located in US or any other country.
Members
need to be listed in the LLC annual income tax return. When LLC conducts
business outside of US and all LLC members are non-US residents, there are
no requirements of filing income tax return. Thus, no members information
is passed to the tax authorities.
LLC's
Records
There
are no formal requirements of maintaining accounting records by LLC.
LLC
is required to keep in its principal place of business, which can be any
country, the following documents:
-
A current list of the name and last
known business, residence or mailing address of each member and
manager
-
A copy of any written limited liability
company agreement and certificate of formation and all amendments
thereto
-
Copies
of LLC's federal, state and local income tax returns (if any)
-
A copy of any written limited liability
company agreement all amendments thereto
-
Information
regarding members contributions (amount of cash and/or statement of
the agreed value)
-
Other
information regarding the
status of the business and financial condition of the limited
liability company.
Audit
Requirements
None.
Annual
General Meeting
Not
required.
Virtual
Office Facilities
Available
in Canada.
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