New Jersey

New Jersey Business License, LLC Formation, and Incorporation

New Jersey has a thriving business community and is a popular state for incorporation and LLC formation. NJ is home to some of the largest companies in the U.S., including Johnson & Johnson, Prudential Financial, and Honeywell International. Starting a business in NJ is very popular, particularly in key industries such as agriculture, tourism and pharmaceuticals.

How to Incorporate in New Jersey

If you decide to incorporate in New Jersey, The Company Corporation will take care of all the details. We'll research the availability of your company name and help you prepare and file your Certificate of Incorporation with the New Jersey Department of the Treasury. We can also take care of many of your company's follow-up needs, including annual report preparation and filing.

Below is an overview of New Jersey's incorporation process:

Select a Business Name

The first step to incorporating your business in New Jersey is to select an original business name not already in use by another entity in the state. (Only non-domestic companies that register to do business in New Jersey are allowed to get around the original business name rule by filing for a "Doing Business As" name.)

There are complex rules governing the registration of business names in NJ. For example, according to New Jersey law, your business name cannot contain words or language that are prohibited by state law, or that suggest that the type of business you are conducting is not allowed by state law. The name also cannot imply that the business is another entity type.

Other restrictions include the following:

Permitted designations: New Jersey corporate names may be followed by several approved designations, including:

  • Co.
  • Company
  • Corp.
  • Corporation
  • Inc.
  • Incorporated
  • Ltd.

Restricted designations: The use of certain words and phrases in corporate names is considered "restricted" in New Jersey meaning they require special approval by the state. These include:

  • Blind
  • Cemetery
  • Funeral Homes
  • Handicapped
  • Little League
  • Olympia
  • Olympic
  • Urban Renewal
  • Insurance

Prohibited designations: New Jersey prohibits the use of certain words in corporate names. These include:

  • Cemetery
  • D.C.
  • District of Columbia
  • Little League
  • Metropolitan
  • Olympia
  • Olympic
  • Postal
  • Realtor
  • Trust
  • Underwriters

The Company Corporation will do the necessary research to make sure your business name meets the state standards.

Complete a Public Records Filing for New Business Entity

Once we have verified your company name, The Company Corporation will complete a Public Records Filing for your Certificate of Incorporation in NJ. The Filing includes the following information:

  • Corporation information: The name and address of the corporation. New Jersey law requires a corporation's principal office to be located inside the state. You have the option of including the business purpose, but this is not required for corporations.
  • Directors and Incorporators: New Jersey state law requires there be at least one director and one incorporator listed on the certificate of incorporation who is 18 years or older. The name and address of each must be included (directors are not required to reside in New Jersey).
  • Stock: The aggregate number of shares that your corporation will issue and, if applicable, the series and class designation of shares. You will also indicate whether the board of directors has the right to change or divide the designation of the shares and the relative rights of the shares.
  • Registered Agent: The name and street address of a registered agent in New Jersey. The registered agent is the person to whom the state will send all official correspondence.

If you intend to hire employees or open a bank account, you will need a federal Employer Identification Number (EIN). The Company Corporation can help expedite this step as well.

Complete Business Registration Application (NJ-Reg)

When starting a business in NJ, there must also be an Application for Registration (NJ-Reg) filed with the New Jersey Division of Taxation in order to receive tax information from the state, even if you don't intend to collect or withhold taxes. There's no fee for registration, but you must file an application at least five business days prior to starting to do business. The NJ-Reg form asks for comprehensive information about your company and its activities. If you will be collecting sales tax, the NJ-Reg must be submitted at least 15 days before your first sale.

Costs and Fees for New Jersey Incorporation

The state filing fee for New Jersey incorporation is $125.00. The Company Corporation will handle all filing requirements and provide you with the total cost to get your business up and running in New Jersey.

In addition, the Department of the Treasury, Division of Revenue, requires an annual report be filed each year by your anniversary filing date. The filing fee is $50.

Corporations are also required to pay annual tax fees to the Department of Revenue. The minimum tax fee is $500.

FAQs

Do I need to reserve a name?

New Jersey does not require business name reservation; however, it is a good way to ensure that your company name is available, and will remain available while you file for incorporation.

Do I need to submit bylaws?

No, you won't need to submit bylaws. Nevertheless, drafting your corporation's bylaws are a critical step in forming your company, as they are blueprint that you will use to govern operations.

Does New Jersey have publication requirements or other follow-up filings?

No. New Jersey does not require you to publicize your company's formation, and does not have follow-up filing requirements.

Ready to Incorporate in New Jersey? Get Started

How to Form a New Jersey LLC

If you decide to form a New Jersey LLC, The Company Corporation will take care of all the details. We'll research the availability of your company name and help you prepare and file your Certificate of Formation with the New Jersey Department of the Treasury. We can also take care of many of your company's follow-up needs, including annual report preparation and filing.

Below is an overview of the process of how to form an LLC in NJ:

Select a name for your LLC

It is required by state law that New Jersey LLC names end with "Limited Liability Company," "LLC" or "L.L.C." Your company's name must not contain any language that indicates or implies that it is organized for any other purpose than that stated on the Certificate of Formation in NJ. It must be distinguishable from the names of other LLCs, foreign LLCs and current name reservations or registrations, and the words "Olympic," "Little League," "Realtor" and "Trust" cannot be used.

Other restrictions include the following:

Restricted words: The use of certain words to register an LLC in NJ is "restricted" by the state, meaning special approval by the state is required for names containing them. These include:

  • Blind
  • Cemetery
  • Funeral Homes
  • Handicapped
  • Little League
  • Olympia
  • Olympic
  • Urban Renewal

Prohibited words: The state of New Jersey prohibits the use of certain words in the names of LLCs, including:

  • Cemetery
  • D.C.
  • District of Columbia
  • Little League
  • Metropolitan
  • Olympia
  • Olympic
  • Postal
  • Realtor
  • Trust
  • Underwriters

The Company Corporation will do the necessary research to make sure your company's name meets the state standards.

Complete a Public Records Filing for New Business Entity

Once we have verified your company name, The Company Corporation will complete a Public Records Filing with your Certificate of Formation in NJ. The Filing includes the following information:

  • LLC Information: The Certificate of Formation must include the LLC's name and address, purpose, and dissolution date, if there is one.
  • Members/Managers: Your LLC must have one or more members/managers, and their names and addresses must be listed on the Certificate of Formation. Members/managers must be 18 years old but are not required to reside in New Jersey.
  • Registered agent: LLCs must list the name and address of a registered agent with a physical address (no post office boxes) in New Jersey. The registered agent must be available during normal business hours to accept important legal and tax documents for the business.

If you set up an LLC in NJ with more than one member, you will need a federal Employer Identification Number (EIN), even if it has no employees. The Company Corporation can help expedite this step as well.

Complete a Business Registration Application (NJ-Reg)

New businesses must also file an Application for Registration (NJ-Reg) with the New Jersey Division of Taxation in order to receive tax information from the state, even if you don't intend to collect or withhold taxes. There's no fee for registration, but you must file an application at least five business days prior to starting to do business. The NJ-Reg form asks for comprehensive information about your company and its activities. If you will be collecting sales tax, the NJ-Reg must be submitted at least 15 days before your first sale.

New Jersey LLC Filing Fee and Costs of Formation

The state filing fee for LLC formation in New Jersey is $125.00. The Company Corporation will handle all filing requirements and provide you with the total cost to get your LLC registration in NJ up and running.

In addition, the Department of the Treasury, Division of Revenue, requires an annual report be filed each year by your anniversary filing date. The filing fee is $50.

New Jersey LLCs must pay an annual minimum state tax of $125 per member.

FAQs

Do I need to submit an operating agreement to form my NJ LLC?

An operating agreement does not have to be submitted with your filing; nevertheless, it is a critical governing document and should be created when you form your company.

Can professionals form professional limited liability companies (PLLCs)?

New Jersey does not allow professionals, such as accountants, attorneys and physicians to form a professional limited liability company (PLLC); however, professionals may incorporate as an LLC.

Do I need to reserve a name?

New Jersey does not require name reservation; however, it is a good way to ensure that your company name is available, and will remain available while you file for incorporation.

Does New Jersey have publication requirements or other follow-up filings?

No. New Jersey does not require you to publicize your company's formation, and does not have follow-up filing requirements.

Ready to Incorporate in New Jersey? Get Started

Before you begin doing business, you should contact the municipality where your company is located in order to determine if you will need to comply with the following:

  • Local zoning ordinances
  • Municipal tax obligations
  • Local mercantile licenses
  • Requirements to register a business

How to Get a Business License in NJ

Requirements for NJ business licenses and permits can vary greatly amongst different state, county and local governments, depending upon your industry and location. Frequently requested New Jersey business licenses and registrations include:

  • Home Improvement Contractors & Landscapers
  • Child Care Centers
  • Limousine Companies
  • New Home Builder Registration and Renewal
  • Combined Cigarette License Application
  • Restaurants and Food Preparation for Retail Sale
  • Lead Hazard Abatement Contractor
  • Asbestos Safety Technician
  • Telemarketing Companies
  • Employment Agency including Temporary Employment, Nurse Registry, Home Health Aid, etc.
  • Pesticide Applicator / Operator / Business

Occupational Licensing and Permits

Your company or employees/principals may also be required to hold professional or occupational certificates or licenses. Examples include accountants, day care operators, architects, medical services provider, engineers, restaurateurs etc. The list is long, and the requirements vary by profession and industry. For example, a child care provider is regulated by the Department of Children & Families Office of Licensing, and a license is required for providing care to six or more children.

Environmental Licenses and Permits

You may need construction or safety permits, or environmental licenses for some business activities. If you believe your business might be subject to environmental regulations, you must complete and submit a permit identification form to the New Jersey Department of Environmental Protection describing your activities. NJDEP will review your form to determine which permits apply to your operations. Common activities that require such review include dry cleaners, fueling stations and auto body shops.

Employee Requirements

If you have at least one employee, you are required to address the issue of employer insurance. Employees also trigger numerous tax requirements.

  • Unemployment Insurance: If you have at least one employee, you must register your company with the Division of Employer Accounts, New Jersey Department of Labor and Workforce Development.
  • Workers' Compensation Insurance: New Jersey law requires that all New Jersey employers not covered by Federal programs have workers' compensation coverage or be approved for self-insurance.

New Jersey Sales Tax

There is a 7 percent sales tax in New Jersey. If your company is selling taxable items or services, you will need to collect a sales tax and remit it to the State. You will receive a Certificate of Authority for Sales Tax from the State by mail, which must be displayed at your place of business.

Too busy to research your requirements? We can help.

Learn More

Start Your Corp or LLC

Packages starting at

$99

plus state fees

Get Started

Or call 1-800-818-6082.