New Jersey Business Registration

Starting a Business in New Jersey

The Basics

With years of New Jersey small business filing experience, Incorporate Fast will make certain that your New Jersey LLC or New Jersey corporation is formed correctly, efficiently and affordably. All of our New Jersey business filings have a rapid approval timeframe, and we will see to it that the entity is approved as quickly as possible. We’ll also include website, email, and phone service at no additional upfront cost so you can get on the web and start fielding client calls in minutes.

We have designed small business filing packages to suit every small business budget, and all meet the expectations of our clients. We know you have a new small business to run, we’ll take care of the paperwork – you take care of the business.

Doing Business in New Jersey

Business Maintenance

All New Jersey Corporations and LLCs Must File: 

• Articles of Incorporation
  New Jersey businesses are formed by filing the Business Registration Packet with the Division of Revenue. It costs $125 to register a New Jersey corporation or LLC.
• Beneficial Ownership Information Report
  Nearly all businesses formed by filing with the state of New Jersey must file a federal Beneficial Ownership Information (BOI) Report with the Financial Crimes Enforcement Network (FinCEN) following business formation. You can file online through FinCEN at no cost. Or, take advantage of our professional BOI report filing service for just $9.
• Annual Report. New Jersey corporations and LLCs must file their annual report by the last day of the month of their initial formation. For example, if you form a New Jersey corporation on July 15^th, its first report will be due by July 31^st of the following year. The filing fee for corporations and LLCs is $75. The NJ annual report must be filed online.

New Jersey Business Taxes

Personal Income Tax
The New Jersey Individual income tax rates are as follows:

$0 – $20,000, the tax rate is 1.4%
$20,001 – $35,000, the tax rate is 1.75%
$35,001 – $40,000, the tax rate is 3.5%
$40,001 – $75,000, the tax rate is 5.525%
$75,001 – $500,000, the tax rate is 6.37%
$500,001 and up, the tax rate is 8.97%

Corporation Business Tax
The NJ corporation business tax is an income tax with a minimum payment based on your gross receipts.

If your net income is greater than $100,000, the tax rate is 9%
If your net income is greater than $50,000 and less than or equal to $100,000, the tax rate is 7.5%
If your net income is $50,000 or less, the tax rate is 6.5%

New Jersey Business License

You do not need a state license to do business in New Jersey. You will need to get any professional or local licenses/permits required for your business activities.