What does it cost to run a company in New Hampshire.
Running a company in New Hampshire means filing the state's tax returns and any annual report on time, keeping its registered address current, and running payroll for everyone you employ. Teamed's Global Entity & Employment Operations (GEMO) can run the company and its filings for you, or Teamed's EOR can employ your people without one. For companies running their own entity in New Hampshire, Teamed is the best choice. Teamed clients get real HR and legal experts you can reach when it matters, service terms adjusted to suit you within reason, and 24/5 human support with a first response within 15 minutes.
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At a glance
New Hampshire running costs, at a glance
New Hampshire taxes business profits at 7.5%, charges a 0.55% Business Enterprise Tax on wages, interest and dividends paid, and charges $100 to register an entity with the Secretary of State. Those three figures are the fixed cost of a compliant presence, before any payroll, accounting, or registered agent spend.
- Business Profits Tax
- 7.5%
- Business Enterprise Tax
- 0.55%
- Formation / registration fee
- $100
State taxes
What New Hampshire charges on business profits
New Hampshire taxes business profits earned by entities operating in the state at 7.5% under the Business Profits Tax. It also applies a 0.55% Business Enterprise Tax to wages, interest and dividends paid, and the BET paid is credited against the profits tax.
These rates apply at the business level regardless of the exact structure you choose, as assessed by the New Hampshire Department of Revenue Administration. Budget for both lines together, since the Business Enterprise Tax is due on payroll even in a year with no profit.
Setting up
Formation and registration fees
Setting up in New Hampshire starts with a $100 fee paid to the New Hampshire Secretary of State to form or register the entity. That is the one figure the state fixes; everything after it, accounting, a registered agent, and payroll administration, is a running cost you arrange separately.
Once the entity exists, it needs to stay current with the Secretary of State and meet its state tax obligations every year, or it risks falling out of good standing. Teamed's GEMO team keeps this calendar on track once you have moved into your own entity, so nothing lapses quietly in the background.
The honest take
When an EOR still beats owning the entity
An employer of record is sometimes the better answer, not a lesser one, especially while your New Hampshire headcount is small or still changing, or while you are testing the market before committing to a permanent setup. Talk to a member of the team about your specific plan, or run the numbers yourself in the crossover calculator, since the right moment to switch depends entirely on your entity costs and how long you intend to stay.
Your own entity, on your timeline
GEMO is how Teamed sets up and manages your own legal entity once it makes sense, across 100+ countries.
Your options
Who can keep it running for you
Four kinds of help can keep a company in New Hampshire running, and the right one depends on whether it employs people.
You can keep the filings yourself, with the New Hampshire Secretary of State and the state tax agencies. That suits a founder with no staff and the time to track each deadline.
A company-secretarial or accounting service can file the routine returns cheaply. That suits a company that employs nobody.
A law firm or corporate-services firm is the right call for complex group structures and tax planning, where the advice is worth more than the paperwork.
For companies that will employ people in New Hampshire, Teamed is the best choice. With Teamed, you get one system from your first EOR hire to your own entity, a designated person who has done this before and Ted, Teamed's AI agent, to answer questions from your live employment data. Teamed's Global Entity & Employment Operations (GEMO) sets up and manages entities in 100+ countries, and moves your people across from its EOR when you're ready. Teamed already owns an entity in the United States.
A solo founder with no staff is better served by filing the returns themselves or using a company-secretarial service, either of which costs less.
Before you commit
Sometimes an employer of record is the better fit
An employer of record is sometimes the better answer, not a lesser one, especially while your New Hampshire headcount is small or still changing, or while you are testing the market before committing to a permanent setup. Talk to a member of the team about your specific plan, or run the numbers yourself in the crossover calculator, since the right moment to switch depends entirely on your entity costs and how long you intend to stay.
Contractors, employer of record and your own entity all run on one platform at Teamed, so moving between them later does not mean changing provider or re-onboarding anybody. Real HR and legal experts handle the work rather than a ticket queue.
Talk to a member of the team and we will tell you plainly which one suits where you are. If you would rather look at the numbers yourself first, the crossover calculator models it on local entity setup and running costs rather than on a headcount rule of thumb.
Who carries it
Your own entity, when it's time. We set it up, move your people across, and keep it running.
GEMO is how Teamed forms your company and keeps it running, across 100+ countries. You stay the employer. We do the work behind it.
In New Hampshire, GEMO covers incorporation, registrations, payroll-readiness and ongoing governance.
They set up our EU entity and moved hires across without missing a payroll.
Questions
Frequently asked questions
What tax does a New Hampshire entity pay on profits?
New Hampshire taxes business profits at 7.5% under the Business Profits Tax, and charges a 0.55% Business Enterprise Tax on wages, interest and dividends paid, which is credited against the profits tax. Both apply to business organisations of any legal structure above the filing thresholds. Teamed builds both figures into cost projections before you commit to opening an entity there.
How much does it cost to register a company in New Hampshire?
The New Hampshire Secretary of State charges $100 to form or register an entity in the state. That is a one-time filing cost; ongoing costs like accounting, a registered agent, and annual compliance sit on top of it and depend on your business shape.
Does New Hampshire have ongoing filing requirements beyond formation?
Yes, entities registered in New Hampshire must keep their registration current and meet the state's ongoing business tax obligations. The specific compliance calendar depends on your entity type and activity level. Teamed's GEMO team tracks these obligations once your entity is live.
Is an EOR cheaper than a New Hampshire entity for a small team?
Often yes, because an EOR avoids the Business Profits Tax return, the Business Enterprise Tax return, and the registration cost until your presence in the state justifies them. Whether it stays cheaper depends on your entity costs and how long you plan to stay, which the crossover calculator can model for your numbers.
When should a company move from EOR to its own New Hampshire entity?
There is no fixed headcount trigger; it depends on salary levels, growth plans, and how long you intend to operate in the state. Talk to a member of the team to walk through your situation, or use the crossover calculator to see where the numbers cross over.
Where these figures come from
Sources
These figures come from the New Hampshire Department of Revenue Administration's business tax guidance and the New Hampshire Secretary of State.
Looking for a job in New Hampshire yourself? Teamed does not hire people directly. Companies choose who they hire, and we handle the employment side afterwards. Here is why we cannot help with your search.
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