New Jersey LLC
Everything You Need to Know About New Jersey LLCs:
New Jersey LLC Formation Options
Do It Yourself
Sign up for a free account and use our online tools to start your New Jersey LLC today. Includes New Jersey LLC formation and maintenance walkthrough and company document creation. All for free—just pay state fees.
Skip the state fees! Get a New Jersey LLC and the best of our services today. Includes EIN, hassle-free maintenance, business address & mail forwarding, Privacy by Default®, local Corporate Guide® service, and everything you need to operate at full capacity.
Pay in Full
Includes New Jersey LLC, business address & free mail forwarding, Privacy by Default®, lifetime support from local Corporate Guides® and a year of registered agent service.
How to Start an LLC in New Jersey
To start an LLC in New Jersey, you’ll need to do three things: appoint a registered agent, choose a name for your business, and file a Public Records Filing with the New Jersey Treasury Department’s Division of Revenue and Enterprise Services. You can file the document online, by mail, in person or by fax. The state charges $125 to file. Once filed with the state, this document formally creates your New Jersey LLC.
According to NJ Rev Stat § 42:2C-14 (2019), every New Jersey LLC must appoint a registered agent. You don’t need to hire a registered agent, but if you do, make sure your registered agent will list their address on your filings wherever possible to ensure maximum privacy.
If you’re starting a new business, you probably already know what you want to name your LLC. But you’ll need to know if your preferred name is available. To find out, visit https://www.njportal.com/DOR/businessrecords/EntityDocs/BusinessCopies.aspx and search until you find the perfect name for your LLC.
Once you know who your registered agent will be and what your LLC name is, you’re ready to file your New Jersey Public Records Filing. Follow along with our filing instructions below:
Filing the New Jersey LLC Public Records Filing
Learn more about each Public Record Filing requirement below. Note that the information you provide becomes part of the public record—permanently.
Or skip the form entirely and hire us to form your New Jersey LLC. We provide a free business address to list whenever possible throughout the filing to better keep your personal address private.
1. Company Name
You must include “Limited Liability Company” or an abbreviation. Most companies keep it short and sweet with “LLC.” There’s a long list of words you can’t use as well, including some odd ones like “blind,” “cemetery,” “mail,” “Olympic” and “urban renewal.”
2. Type of Business Entity
New Jersey uses the same form for LLCs, corporations and more, so you’ll need to enter “LLC” in this section.
This may sound like an existential question, but your LLC’s purpose is just what your business does. Most businesses include a general purpose that explains the LLC is organized to engage in any lawful activity in New Jersey. Online, you can just choose the NAICS code that best matches your business activities.
Have an end date in mind for your business? Enter the date you want your business to stop existing. Want your business to continue indefinitely? Skip this section. Tip: Most LLCs skip this section.
5. Registered Agent
For your New Jersey registered agent, you can list either an individual (like yourself) or a business that provides registered agent service (like Northwest). We recommend Northwest.
6. Registered Office
This New Jersey street address will become a part of the permanent record of your LLC. Not keen on publicly listing your home or office address? When you hire Northwest, our address goes here instead of yours.
7. Principal Office
This is your main business address. You can keep things simple and better maintain address privacy by using our address here when you hire us.
Your filing must be signed by an “authorized representative.” This doesn’t have to be anyone in the LLC. When you hire Northwest, we’ll be your authorized representative and list our information here.
Why Have a Registered Agent Form Your New Jersey LLC?
Professionals in New Jersey hire registered agent services like Northwest Registered Agent to start an LLC—but why?
Standard filing companies don’t have employees or offices in every state. But as a national registered agent, it’s a requirement for us, which is a benefit for our clients. Our office is in Marlton, NJ. We’re on a first name basis with the people who work in the Division of Revenue. We know all the fastest filing methods, which translates to fast, professional service—without extra fees.
As your registered agent, we list our Marlton registered office address on your LLC’s formation documents. Why? If you’re starting a business from your apartment in Newark, do you really want your apartment address as your business address? (Hint: the answer is no.) We’ll list our address, so you don’t have to list yours. Plus, we never sell your data. We don’t list your personal information on filings if we don’t have to. It’s all standard and part of our commitment to Privacy by Default®.
Free Mail Forwarding and Business Address
We already accept your legal mail—so why not take it a step further? In every state, we include limited digital mail forwarding for your regular mail too (5 pieces of regular mail a year; $15 a doc after that). Plus, you can list our address as your business address. That means you can have all business mail routed through our office. With both mail forwarding and a business address included, you get a level of security unmatched in the formation industry.
We know the in’s and out’s of each state—and we use this knowledge to help you when you need it most. Our team of Corporate Guides® has over 200 local business experts. You can call or email us for answers to all your questions about your LLC in New Jersey. Our Corporate Guides are dedicated solely to helping you with your business—not selling you services or meeting quotas.
What Do I Do After My New Jersey LLC Is Formed?
After your New Jersey Public Records Filing is approved, you still have a few more important steps to take, including getting an EIN, drafting an operating agreement, opening a bank account, funding the LLC and learning about state reporting and tax requirements.
Get an EIN
An EIN (“Employer Identification Number”) is a federal tax ID assigned to your business by the IRS. The IRS uses your EIN to easily identify your business on tax filings.
Does a New Jersey LLC need an EIN?
On the federal level, you’re required to get an EIN if your LLC has employees or files certain federal excise taxes (like Alcohol/Tobacco/Firearms returns). Locally, you’ll likely need an EIN to open a bank account, establish credit with vendors, or even to file the mandatory NJ-REG form after you create your business. In some of these cases, you could use your personal social security number instead, but in the era of identity theft and data mismanagement, why would you want to? Getting an EIN is free and just requires an application with the IRS.
How do I get an EIN for my LLC?
You can apply for an EIN directly from the IRS at no cost. Most businesses are able to apply online, but if you don’t have a social security number, you’ll need to apply with a paper form. Want one less thing to do? Add on EIN service when you hire us, and we’ll get your EIN for you. Or choose our VIP service—an EIN is included.
Write an LLC Operating Agreement
Operating agreements put into writing how your business actually operates—how much each member invested, how profits and losses will be allocated, how voting works, and what happens if there’s a dispute or if the whole business (knock on wood) falls apart.
Do I need an operating agreement for a New Jersey LLC?
Per NJ Rev Stat § 42:2C-2 (2018), New Jersey LLCs are not required to have written operating agreements. The state has default rules for processes and procedures, and agreements can be oral or implied. However, oral and implied agreements leave a lot of room for argument and gray areas, so clearly defining processes in a written operating agreement is wise decision.
What should be in an operating agreement?
An operating agreement should explain how the business will handle “big picture” situations—everything from allocating profits and losses to dissolving the business. Below is a list of common topics that operating agreements should cover.
Profits, losses, and distributions
Voting rights, decision-making powers, and management
Transfer of membership interest
Dissolving the business
Your operating agreement can cover pretty much anything as long as it isn’t contrary to New Jersey law. Topics not allowed to be changed in the operating agreement are listed in the New Jersey statute NJ Rev Stat § 42:2C-11 (2019), which forbids actions such as varying the company’s capacity to sue and be sued in its own name.
How do I write an operating agreement?
To write an operating agreement, you need to address how your business will handle money, members, votes, management, and more. Not sure how to get started? At Northwest, we’re here to help your LLC get off on the right foot. When you hire us, we provide your business with a free LLC operating agreement, specific to your management style. We’ve spent years developing these agreements and other free LLC forms—which have been used by over a million LLCs.
Open an LLC Bank Account
Your LLC needs its own bank account. Why? An LLC gets its limited liability from being a distinct entity, separate from its members. If you mix personal and business finances, you could lose your liability protections.
How do I open a bank account for my New Jersey LLC?
To open a bank account for your New Jersey LLC, you will need to bring the following with you to the bank:
A copy of the New Jersey LLC Public Records Filing
The LLC operating agreement
The LLC’s EIN
If there are multiple members in the LLC, you may also want to bring an LLC resolution to open a bank account that states that the person going to the bank is authorized by the members to open the account in the name of the LLC. Northwest can help with this as well—LLC bank resolutions are one of the many free legal forms we provide to ensure you can get your LLC started fast.
Fund the LLC
Time to put some money in that new LLC bank account. What money? For starters, your initial contributions to your LLC’s capital. LLC members are owners, and each owner needs to pay for their membership interest to fund the LLC.
What is membership interest?
Membership interest is your percentage of ownership of the LLC. Membership interest is normally proportionate to your investment. So how does this work?
Imagine your LLC has 5 members. 4 members each invest $1,000 in the business. One member invests $6,000. The total contribution of all members is $10,000. The 4 members each own 10% of the business. The moneybags member who shelled out $6,000 owns 60% of the business.
Typically, this also means that the 4 members would each get 10% of any profits, and moneybags would get 60%. Exactly how profits and losses are allocated, however, can be adjusted in the operating agreement as long as changes are in line with IRS requirements and New Jersey laws.
File New Jersey Reports & Taxes
New Jersey LLCs are required to file a state report each year. This report is basically an information update you file so the state knows who currently runs things and how to contact your business. New Jersey LLCs are also subject to state tax filing requirements.
How much is the New Jersey Annual Report fee?
The fee for the New Jersey LLC Annual Report is $75. Forget to file? There’s no late fee, but if you fail to file two years in a row, the state will dissolve or revoke your LLC. At Northwest, we know you already have a lot to think about and remember when running a business. That’s why when you sign up for our services, we send you reminder notifications for your Annual Report. Better yet, you can even hire us to file your report for you each year.
When is the New Jersey Annual Report due?
Your New Jersey Annual Report is due at the end of your anniversary month.
When you sign up for Northwest, we send you reminders for your annual report due dates. Want one less thing to worry about? With our business renewal service, we can complete and submit your annual report for you for $100 plus the state fee.
What should I know about New Jersey LLC taxes?
The New Jersey personal net income tax rates for single filers are:
1.40%: $0 to $19,999
1.75%: $20,000 to $34,999
3.50%: $35,000 to $39,999
5.53%: $40,000 to $74,999
6.37%: $75,000 to $499,999
The state also has a 6.625% sales tax—there are no additional local sales tax.
If your LLC is taxed as a partnership, you’ll also have to pay New Jersey’s Partnership Tax, which is $150 per member. If your LLC is taxed as an S or C corporation, you’ll have to file a corporate return instead.
Property taxes are also worth a note—New Jersey has the highest property tax in the country, averaging a painful 2.44%. This doesn’t necessarily mean business owners should swear off property in New Jersey though. For example, the high taxes have driven many to rent instead of buy, so there’s a strong apartment rental market. If you do decide to invest in New Jersey property, your attorney will likely advise creating an LLC to protect your personal assets. At Northwest, we can form your New Jersey LLC for as low as $355. Or, pay just $38 out the door with our VIP monthly payment option.
Do LLCs have to register with the New Jersey Department Of Revenue?
Yes—within 60 days of forming your business, you’re required to register your LLC with the Division of Revenue, so the state can make sure you’re aware of your tax obligations. Registration is free and done by filing form NJ-REG.
New Jersey LLC FAQs
How can I submit the New Jersey LLC Public Records Filing?
You can file your New Jersey Public Records Filing online, by mail, in person, or by fax.
Mailed filings must be submitted to the following address:
New Jersey Division of Revenue & Enterprise Services
P.O. Box 45
Trenton, NJ 08646-0303
In-person filings can be dropped of at:
33 W. State Street, 5th Floor,
Trenton, NJ 08608-1001
Fax filings can be sent to:
How much does it cost to start a New Jersey LLC?
The state filing fee for a New Jersey LLC Public Records Filing is $125. If you file online, there’s also a credit card service fee of $3.50.
When you hire Northwest, your total, out-the-door cost is $355, including state filing fees, registered agent service, lifetime customer support, and loads of forms and resources to help get your New Jersey LLC up and running. Or, sign up for our VIP monthly payment option and pay just $38 out the door.
How long does it take to start a New Jersey LLC?
New Jersey LLC filing times vary depending on your filing method. The absolute fastest methods require deep, deep pockets. You can pay $1000 (that’s not a typo) for 1-hour service or $500 for 2-hour service—although these options are only available if you file by fax or show up in person.
If you can wait a day or two, you can either file online or pay for “8.5 hour” or “same-day” expediting when you submit with any other method. Have 2-9 weeks to kill? Mail your filing without any expediting. Eventually someone will take pity and process your filing.
If you hire Northwest to start your LLC, we file online and typically have your New Jersey LLC formed within 1 business day.
Does a New Jersey LLC need a business license?
New Jersey doesn’t have a general statewide business license, but some cities and counties require local licenses. For example, a city ordinance in Trenton requires licenses for dozens of different business types, from auctioneers to scrap metal dealers.
Need an EIN or a certified copy of your Public Records Filing for your license applications? Northwest can help. You can easily add on these items to your LLC formation order.
Can a New Jersey LLC help me live more privately?
Yes. While you can’t remove all ownership information from New Jersey public filings (like you can in states like New Mexico, Delaware, and Wyoming), a New Jersey LLC can still help you reduce your public footprint. You can maintain a significant degree of address privacy by listing our address on public docs instead of your own. Check out our page on living privately with an LLC to learn more.
What is a foreign New Jersey LLC?
A foreign New Jersey LLC is any LLC formed outside of New Jersey but registered to do business in the state. For example, if you formed an LLC in New York but wanted to conduct business in New Jersey as well, you would register as a foreign LLC in New Jersey by filing a Public Records Filing with the New Jersey Division of Revenue. Like domestic LLCs, foreign LLCs in the state have to file annual New Jersey annual reports. Northwest can register your foreign New Jersey LLC for you today!
How to Order LLC Formation Service
Our New Jersey LLC formation service is designed to be fast and easy—signing up takes just a couple minutes. Here’s how it works:
With Northwest, we give you flexibility on how to pay. You can pay all the fees up front (this includes one full year of registered agent service). Or, pay just $38 out-the-door with our VIP monthly payment option. Just choose one of the buttons below, answer a few easy questions about your business and submit your payment.
We’ll prepare your New Jersey Public Records Filing and send them to the Division of Revenue for approval. In the meantime, you’ll have immediate access to your online account, where you can find useful state forms, pre-populated with your business information.
Once the New Jersey Public Records Filing has approved your filing, we notify you that your New Jersey LLC has been legally formed. You can now take any necessary next steps, like getting an EIN and opening a bank account.