What is New Hampshire LLC Dissolution? |
A New Hampshire LLC is created when the NH Secretary of State approves the Articles of Organization.
A record of the New Hampshire LLC is added to the list of LLCs which have officially registered with
the New Hampshire Secretary of State.
Once a LLC is registered with the New Hampshire Secretary of State, that LLC immediately has both reporting and tax
obligations which incur penalties if the obligations are not met by the required deadlines.
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A New Hampshire LLC is created when the NH Secretary of State approves the Articles of Organization.
A record of the New Hampshire LLC is added to the list of LLCs which have officially registered with
the New Hampshire Secretary of State.
Once a LLC is registered with the New Hampshire Secretary of State, that LLC immediately has both reporting and tax
obligations which incur penalties if the obligations are not met by the required deadlines.
If you've registered a New Hampshire LLC with the New Hampshire Secretary of State and want to cease business activities
you have to let the NH Secretary of State know that you intend to close your company.
Only after the NH Secretary of State has made sure that all of the obligations of the New Hampshire LLC have been fulfilled will
the Secretary of State approve of the closure of the company.
When the New Hampshire Secretary of State approves the closing of a NH LLC, that New Hampshire LLC is said to be
Dissolved.
The process of Dissolving a New Hampshire LLC is called New Hampshire LLC Dissolution.
Before making any distributions of assets to any LLC Members or LLC Managers upon the winding up of a New Hampshire LLC that NH LLC must first obtain a Certificate of Dissolution from the New Hampshire Department of Revenue.
A Dissolved New Hampshire LLC continues its existence as a NH Limited Liability Company, but, on and after its Dissolution, the NH LLC may not carry on any business or other activity except that which is necessary to wind up and liquidate its business and internal affairs.
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Why do I need to Dissolve a New Hampshire LLC? |
As soon as a New Hampshire LLC is registered with the NH Secretary of State, that LLC is responsible for
recurring obligations of the New Hampshire Secretary of State and the New Hampshire Department of Revenue Administration.
If the New Hampshire LLC does not file reports or pay taxes then that NH Limited Liability Company could be responsible for
penalties which go up as time goes by.
Unless you Dissolve your New Hampshire LLC with the New Hampshire Secretary of State that NH Limited Liability Company will be responsible for
all recurring fees and penalties.
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What do I have to do to Dissolve a New Hampshire LLC? |
New Hampshire LLC Dissolution is one part of a larger process commonly called the "Winding Up" process.
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New Hampshire LLC Dissolution is one part of a larger process commonly called the "Winding Up" process.
There are things you need to do before you can request approval of LLC Dissolution from the New Hampshire Secretary of State;
and things that you have to do after the NH Secretary of State has approved Dissolution of the New Hampshire LLC.
What you have to do both before and after the New Hampshire LLC is Dissolved largely depends on if the New Hampshire LLC has commenced business
and how many assets, debts and liabilities, if any, that the NH Limited Liabilty Company has.
If the New Hampshire LLC has not commenced business then the NH Limited Liability Company Dissolution process is easier.
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What do I have to do before I Dissolve a New Hampshire LLC? |
Things you need to do before you Dissolve a New Hampshire LLC.
1. Hold a Members meeting and record a resolution to Dissolve the New Hampshire LLC
2. File all required Annual Reports with the New Hampshire Secretary of State
3. Clear up any business debt
4. Pay all taxes and administrative fees owed by the New Hampshire LLC
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1. Hold a Members meeting and record a resolution to Dissolve the New Hampshire LLC
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If the New Hampshire LLC has any Members then a meeting should be held and a vote to Dissolve the New Hampshire Limited Liability Company taken.
Minutes of the meeting should be recorded and retained in the business records.
If the New Hampshire LLC does not have any Members then the Organizer(s) have to apply for Dissolution of the New Hampshire LLC.
- We can transcribe and compile minutes or approvals into a form that is legally recognized by the New Hampshire Secretary of State.
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2. File all required Annual Reports with the New Hampshire Secretary of State
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The New Hampshire Secretary of State will not approve the Dissolution of a NH LLC until all required
reports have been filed.
- We can file any required Annual Report with the NH Secretary of State.
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3. Clear up any business debts
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All creditors of a New Hampshire LLC should be given notice of the pending LLC Dissolution.
Each creditor should be given a mailing address to which they may submit claims as well as a deadline by which claims may
be submitted.
While the New Hampshire Secretary of State does not legally require the publication of a Notice of Dissolution of a New Hampshire LLC, publication is
a good way to notify anyone who might have a claim against the New Hampshire LLC. 
Evidence of publication might prove useful down the line if someone makes a claim against the NH Limited Liability Company after
the New Hampshire LLC has been dissolved.
- We can prepare a Notice of Dissolution of the New Hampshire LLC, make sure it gets published and obtain evidence of publication.
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4. Pay all taxes and administrative fees owed by the New Hampshire LLC
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The New Hampshire Secretary of State will definitely not approve the Dissolution of a New Hampshire LLC until all
outstanding taxes and applicable registration and administrative fees have been paid.
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What do I have to do after I Dissolve a New Hampshire LLC? |
Things you have to do after you Incorporate in New Hampshire.
1. Distribute all remaining assets of the New Hampshire LLC
2. Close all business bank accounts of the New Hampshire LLC
3. Cancel all local business licenses and permits
4. File Form 966 with the IRS
5. Cancel the IRS account associated with the NH LLC's Federal Tax ID (EIN)
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1. Distribute all remaining assets of the New Hampshire LLC
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If the New Hampshire LLC has any remaining assets, these may be divided according to the Members' ownership interests
in the NH Limited Liability Company.
All distributions to LLC Members must be reported to the IRS.
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2. Close all business bank accounts of the New Hampshire LLC
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If there are any business accounts that have been opened for the New Hampshire LLC then those accounts must be closed.
If Company Business accounts are left open there may be liability and obligations of the Dissolved New Hampshire LLC which could
lead to legal problems down the line.
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3. Cancel all local business licenses and permits of the NH LLC
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If the New Hampshire LLC has obtained any state, regional, county or city business licenses or permits, each
of those must be cancelled to avoid any reporting or fiscal obligations of the New Hampshire LLC.
This includes business registration licenses as well as reseller permits.
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4. File IRS Form 966
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Most Dissolved New Hampshire LLCs must file IRS Form 966 with the US Internal Revenue Service.
If a New Hampshire LLC is required to file IRS Form 966, the filing is required within 30 days after the final Dissolution
plan is approved.
Filing IRS Form 966 lets the Federal Government know that the New Hampshire LLC has been legally Dissolved
so that it may take the appropriate actions.
- We can prepare IRS Form 966 for you to file.
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5. Cancel the IRS account associated with the NH LLC's Federal Tax ID (EIN)
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A Federal Tax ID, or Federal Employer Identification Number (EIN), is like the Social Security Number for the New Hampshire LLC. 
Once the IRS links an EIN to a New Hampshire LLC, that EIN stays with the New Hampshire LLC even after the Company has been Dissolved by the
New Hampshire Secretary of State.
When the IRS processes the final tax return for the New Hampshire LLC, they automatically make the EIN inactive.
However, the account associated with the EIN is not automatically closed.
Closing the account associated with the EIN lessens the likelihood of any problems with the EIN account, or with the IRS, in the future.
If you should decide to revivie the New Hampshire LLC down the line then the IRS will reactivate the old EIN for your new Business.
Before a New Hampshire LLC can close an EIN account, it must be in Good Standing with the IRS.
The New Hampshire LLC must have filed all required tax returns and paid any applicable fees and penalties due to the IRS.
The New Hampshire LLC cannot close its EIN account until the IRS has received payment for any tax amounts the Company may owe.
- We can prepare the formal documents which you can sign and submit to the IRS in order to close the account
associated with your EIN.
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How long does it take to Dissolve a New Hampshire LLC? |
The time it takes to Dissolve a New Hampshire LLC varies depending on how long it takes to complete the actions that are
required in each specific case - holding meetings, closing accounts, distributing assets, etc.
Once the initial actions are completed, the New Hampshire Secretary of State usually takes around 7-10 business days to process the Certificate of Cancellation.
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The time it takes to Dissolve a New Hampshire LLC varies depending on how long it takes to complete the actions that are
required in each specific case - holding meetings, closing accounts, distributing assets, etc.
Once the initial actions are completed, the New Hampshire Secretary of State usually takes around 7-10 business days to process the Certificate of Cancellation.
Processing times for New Hampshire LLC Dissolution filings vary depending on the work load of the
Secretary of State's staff.
We've found that normal processing of New Hampshire Dissolution filings takes the state around 7-10 business days.
PLEASE NOTE: WE CANNOT GUARANTEE NEW HAMPSHIRE SECRETARY OF STATE PROCESSING TIMES.
We are dependent on, and have no control over, the staff and systems of the New Hampshire Secretary of State .
In our experience 7-10 business days is the time it usually takes the New Hampshire
Secretary of State to process a New Hampshire Dissolution filing.
We get your New Hampshire LLC Dissolution filing to the NH Secretary of State ASAP.
Once it is at the state we have no control over the New Hampshire Dissolution approval process.
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How much does it cost to Dissolve a LLC in New Hampshire? |
The total cost to Dissolve a New Hampshire LLC varies depending on exactly what is required for each specific
NH Dissolution.
We charge $224.00 plus any state fees for our New Hampshire LLC Dissolution services. This includes:
- Same day processing
- Transcribe minutes of Members meeting which proposes Dissolution
- Prepare and file Certificate of Cancellation with the New Hampshire Secretary of State
- Prepare US IRS Form 966 for you to sign and file
- Prepare documents to cancel Federal EIN account
- Certified copy of Dissolution filing from NH Secretary of State
- Priority Mail Delivery of all documents
- Unlimited Customer Support
We also offer these New Hampshire LLC Dissolution services separately as explained on the right side of this web page.
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What do I have to do if I want to Dissolve a Foreign LLC that is tied to a NH Domestic LLC? |
If there are Foreign LLCs in states other than New Hampshire that are tied to the Domestic New Hampshire LLC then
each of those Foreign LLCs must be Dissolved before the New Hampshire LLC is legally Dissolved.
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Can I revoke Dissolution after it is approved by New Hampshire? |
The Dissolution of a New Hampshire LLC may be revoked at any time before the NH Limited Liability Company completes the winding up process.
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Do I have to publish a Notice of Dissolution of the New Hampshire LLC? |
There are no state of New Hampshire requirements for the publication of a Notice of Dissolution of a New Hampshire LLC.
While the New Hampshire Secretary of State does not legally require the publication of a Notice of Dissolution of a New Hampshire LLC, publication is
a good way to notify anyone who might have a claim against the New Hampshire LLC. 
Evidence of publication might prove useful down the line if someone makes a claim against the NH Limited Liability Company after
the New Hampshire LLC has been dissolved.
- We can prepare a Notice of Dissolution of the New Hampshire LLC, make sure it gets published and obtain evidence of publication.
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