New Jersey LLC Cost (How Much Will a NJ LLC Really Cost You?)

Forming an LLC requires a $125 fee which is paid to the New Jersey Division of Revenue and Enterprise Services when you file your LLC’s Certificate of Formation online.

When establishing an LLC in New Jersey, the law mandates that you name a New Jersey Registered Agent while filing your Certificate of Formation. While it is commonplace to hire one, there are other choices – such as taking on this role yourself or having a trusted friend/relative do it for you! There’s no need to pay somebody else when forming your LLC; take full control and be your own Registered Agent! Or you can hire some of the best Professional Service Providers in the State and pay a specific registered agent fee.

Here are our recommended Agent service providers:

• Northwest Registered Agent services is the perfect choice for those seeking to establish a new business and gain access to a registered agent, with a full LLC creation package starting at only $39 + state fees

Establishing an LLC in New Jersey necessitates filing a Public Records Filing for New Business Entity. This can be accomplished online quickly, and the fee is only $125 – which is paid once to the Department of State. We suggest submitting your form through the internet rather than mail due to its streamlined nature and expedited approval time!

An Employer Identification Number (EIN) or Federal Tax ID Number is vital for any LLC. While other websites charge a fee to acquire an EIN, you can actually get one completely free on the IRS website! Use our easy-to-follow guide to help you with the process and make sure your business gets its much needed EIN without having to pay anything. You Also need EIN for your Business Bank Account and Business registration certificate.

Depending on the scope of your LLC’s operations, you may need to secure state or local business licenses. Additionally, certain professional activities require occupation-specific permits for legal operation. In some municipalities (towns and counties), a separate permit is also necessary in order to operate legally as an LLC – these fees vary depending on the location and nature of your company.

In addition to federal and state taxes (like sales tax), there are the costs of hiring an accountant for your business’s tax preparation. The exact amount will vary, so it is best to consult with a few accountants before making any decisions.

In New Jersey, forming an LLC requires the designation of an LLC’s registered agent. This person or business entity is responsible for accepting legal documents on behalf of the LLC in case it becomes involved with litigation. The appointed individual can be either a resident from within NJ i.e. Physical address in NJ or an authorized foreign/domestic corporation that operates in NJ; regardless, they must have a valid physical street address located within New Jersey’s borders.

Although not mandatory, it is highly recommended to have an LLC operating agreement in New Jersey. This internal document outlines the duties and responsibilities of all members/managers involved with your business, as well as how you plan on running it. Additionally, having one in place can help demonstrate that your company is a distinct entity from yourself privately; thus preserving any limited liability protection for which LLCs are famous. Should you neglect to create an operating agreement, however, then state law will take over regarding operations within your Limited Liability Company (LLC).

Every LLC in New Jersey and all those foreign ones authorized to do business must file an Annual Report on the anniversary month of their formation or authorization in NJ. Through the Division of Revenue’s Annuals and Change Services webpage, this report can be filed online quickly and efficiently for only nominal LLC filing fees – just $50!