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Administrative dissolution is an action taken by the Secretary of State that results in the loss of a business entity's rights, powers and authority.
New Hampshire does not recognize the federal S corporation election and does not require a state-level S corporation election. You can still have an S corporation in New Hampshire.
Benefits of starting a New Hampshire LLC: Easily file your taxes and discover potential advantages for tax treatment. Protect your personal assets from your business liability and debts. Low filing fee ($100)
Follow these five steps to start a New Hampshire LLC and elect New Hampshire S corp designation: Name Your Business. Choose a Registered Agent. File the New Hampshire Certificate of Formation. Create an Operating Agreement. File Form 2553 to Elect New Hampshire S Corp Tax Designation.
Do I have to report distributions from S corporations? Yes, you must report all such distributions, including non-cash distributions, on Page 2, Line 2 of the New Hampshire I&D Tax return. If any part of a distribution is not subject to tax, you would deduct the appropriate amount on Page 2, Line 4.
Top 3 states for forming an S corporation Delaware. Many big Fortune 500 companies are incorporated in Delaware even though their headquarters are located in other states. ... Nevada. Nevada is considered a business-friendly state. ... Wyoming. ... South Dakota. ... Alaska. ... Florida. ... New Jersey. ... California.
An individual's right to live free from governmental intrusion in private or personal information is natural, essential, and inherent. [Art.] 3.
Some jurisdictions?the District of Columbia, Louisiana, New Hampshire, New York City, Tennessee, and Texas?do not recognize the federal S corporation election and, for the most part, tax S corporations like other business corporations.