New Hampshire lesson 5 of 6
New Hampshire LLC taxes, licences and permits
New Hampshire has no personal income tax on wages and, since the 2025 tax year, no tax on interest or dividends either. It also has no general sales tax. Instead, the state taxes business activity directly through two taxes that can both apply to the same LLC.
Business Profits Tax
The Business Profits Tax, BPT, is assessed on income from conducting business activity in New Hampshire at a rate of 7.5% for taxable periods ending on or after December 31, 2023. A business organization, including an LLC of any tax classification, must file a BPT return once its gross business income from everywhere exceeds $103,000 in the taxable period. Confirm the current rate and threshold on the Department of Revenue Administration's site each year, since both have changed by statute in recent years.
Business Enterprise Tax
The Business Enterprise Tax, BET, is assessed at 0.55% on the enterprise value tax base, meaning total compensation, interest and dividends paid or accrued by the business, for taxable periods ending on or after December 31, 2022. For taxable periods beginning on or after January 1, 2025, an LLC must file a BET return once its total gross business receipts exceed $298,000, or once its enterprise value tax base exceeds a separate statutory threshold, whichever applies. Many LLCs file both a BPT and a BET return together on the same combined return schedule.
Crossing either threshold does not necessarily mean you owe tax after credits and apportionment, but it does trigger a filing requirement. Track your gross receipts and gross business income during the year rather than waiting until tax season.
Sales tax and licensing
New Hampshire has no state or local general sales tax, so retail and service LLCs do not collect sales tax on New Hampshire sales. There is no single statewide business licence either; check with your municipality and with any state board that regulates your specific industry, such as liquor licensing or professional licensing boards.
Key takeaways
- The Business Profits Tax is 7.5% of business profits once gross business income exceeds $103,000.
- The Business Enterprise Tax is 0.55% of compensation, interest and dividends once gross receipts exceed $298,000.
- There is no state sales tax and no statewide general business licence.
Frequently asked questions
Does every New Hampshire LLC pay the BPT or BET?
No. Both taxes only require a filing once your LLC crosses the relevant threshold: $103,000 in gross business income for the BPT, or $298,000 in gross receipts for the BET. Many small LLCs stay below both.
Is there a statewide business licence in New Hampshire?
No. Check with your city or town clerk and with any state board that regulates your specific industry.
Official sources
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Last reviewed: September 2026 - reviewed by Gullia Filing Legal & Formation Team