New Jersey Fees and Filing Requirements for Your LLC
Some types of businesses have different requirements in New Jersey, including related fees and costs. Your NJ LLC needs to pay various fees to the federal government, New Jersey government and other agencies. Some of these fees are levied by the New Jersey Division of Revenue and Enterprise Services or statewide organizations, while others come from the federal government. On this page, we’ve summarized the most common fees and requirements.
Note that New Jersey business licenses and permits might need to be paid when you first form your business, on an ongoing schedule or on an ad hoc basis. Find more details below.
Initial Filing and Fees for Forming an LLC in New Jersey
To create your business in New Jersey, you’ll file an LLC with the NJ Division of Revenue and Enterprise Services and pay an associated LLC formation fee. Every state has different LLC filing fees and filing times. Here is the current information for New Jersey:
||State Filing Time
||Expedited Filing Time
||5 Business Days
||1 Business Day
When you incorporate through Incfile, we charge this fee to you and pay the New Jersey Division of Revenue and Enterprise Services on your behalf when we file your paperwork. Some states allow you to form your LLC more quickly by paying a rush fee. You can compare state filing times and fees here, including expedited fees for New Jersey.
Incorporate your New Jersey LLC through Incfile today
Getting an EIN/Tax ID for Your New Jersey LLC
Every New Jersey LLC should have a unique employer identification number (EIN). These are provided by the Internal Revenue Service and you use them when filing taxes, opening a business bank account and paying employees. You can get one yourself at no cost from the IRS or have Incfile obtain one on your behalf.
Get an EIN for your New Jersey LLC through Incfile
Foreign Qualification to Operate in a State Outside New Jersey
If you’re expanding your New Jersey LLC beyond the borders of the state, you will need a Foreign Qualification or Certificate of Authority to operate in another state. These are typically necessary if you have a physical presence, employees or banking in a different state than New Jersey. Fees and requirements for foreign qualifications depend on each state’s rules. Incfile provides a complete Foreign Qualification service for any state.
Get a Foreign Qualification/Certificate of Authority through Incfile
New Jersey LLC Annual Reporting and Fees
Most states need to file an annual (or other periodic) report with their Division of Revenue and Enterprise Services. When you file your NJ LLC annual report, you may need to pay a fee. Here are the annual filing requirements for New Jersey:
Due Date: Last day of anniversary month of organization.
*All new business entities in New Jersey are required to file Form NJ-REG to be registered for tax and employer purposes. Filing Form NJ-REG ensures that the business is registered under the correct tax identification number and that it will receive the proper returns and notices. The NJ-REG, must be filed within 60 days of filing the new business entity, there is no fee for this filing.
Incfile can also complete and file your New Jersey annual report on your behalf.
Incfile’s New Jersey Annual Report Filing service
Business Licenses and Permits in New Jersey
Your New Jersey LLC may need certain licenses and permits to comply with specific requirements. These business permits and licenses might be issued by New Jersey, regional or federal organizations. Some of the associated fees only need to be paid once, while others have ongoing charges.
Permits and licenses vary based on:
- The industry your New Jersey LLC operates in (e.g., restaurants will need health permits)
- The location of your New Jersey LLC (state, county or city) (e.g., a license to conduct business from the city of Newark.)
- The type of business that you run (e.g., healthcare providers must meet HIPAA requirements)
You can research these permits and licenses yourself or use Incfile’s Business License Research Package, which includes:
- A complete report on all the licenses, permits and tax registrations your New Jersey LLC will need
- The application forms you will need to file with the New Jersey, regional and federal licensing authorities
Remember that operating your business without the required licenses can expose you to risks and fines from federal, New Jersey and local governments.
Incfile’s New Jersey Business License Research Package
Create an Operating Agreement for Your New Jersey LLC
An Operating Agreement is a business document that covers how the business will be run, how managers and members are chosen, rights and duties of members and several other key areas.
New Jersey LLCs aren’t required to have an Operating Agreement, but they are extremely useful for several reasons (learn about them here). If you’re interested in having your Operating Agreement created for you, Incfile can draft a general Operating Agreement template when you choose to form your New Jersey business. You can choose to make changes to the template based on your unique requirements.
Ad Hoc New Jersey Fees or Requirements for Your NJ LLC
There are several other fees or requirements that you may need to meet during the life of your New Jersey LLC. These ad hoc fees will only be payable in specific circumstances, which we’ve listed below.
To Obtain a Fictitious/DBA Name for Your New Jersey LLC
If you want your NJ business to trade under a different name, you can file a form with the New Jersey Division of Revenue and Enterprise Services. You will need to pay a New Jersey filing fee. Incfile can file this form on your behalf.
Incfile’s New Jersey Fictitious Name service
To Change the New Jersey Registered Agent for Your NJ LLC
Your New Jersey LLC needs a Registered Agent. You need to appoint one when you first incorporate your LLC. You can also switch to a new NJ Registered Agent later. Incfile provides a complete New Jersey Registered Agent service.
Incfile’s New Jersey Registered Agent service
To Reserve a Name for Your New Jersey LLC
If you don’t want to form your NJ business right away, you can reserve a name with the New Jersey Division of Revenue and Enterprise Services. You will need to pay a small fee to do this.
To Amend Certain Facts About Your New Jersey LLC
Your business formation documents state certain facts about your New Jersey business when it was originally formed. Over time, these facts might change — if they do, you need to file a “Certificate of Amendment” with the New Jersey Division of Revenue and Enterprise Services. You can do this yourself or have Incfile complete the filing on your behalf.
Areas you might want to file New Jersey Certificate of Amendment for include:
- Adding, removing or changing a New Jersey LLC member or manager
- Changing the business address of your LLC
- Altering the stated business activities of your New Jersey LLC
Incfile’s New Jersey Certificate of Amendment service
To Get a Certificate of Good Standing for Your New Jersey LLC
Some organizations will request that you prove your New Jersey LLC’s compliance with laws and tax requirements. If you need to prove you have met your commitments, you will need a “Certificate of Good Standing” from the New Jersey Division of Revenue and Enterprise Services. Incfile can obtain a certificate on your behalf.
Incfile’s New Jersey Certificate of Good Standing Service
The fees listed above detail all the charges that a standard NJ LLC will be required to pay. In some unusual circumstances, there may be other one-off, periodic or ad hoc fees not listed above.
Of course, your New Jersey LLC will also probably need to pay self-employment, payroll, federal, state and sales taxes, but we will cover that when we talk about taxes for NJ LLCs.
FAQs About New Jersey LLC Fees
What Happens to the State Fees That I Am Charged When Forming My New Jersey LLC?
We charge you for this fee at cost and then pay the fee to the Division of Revenue and Enterprise Services on your behalf when forming your New Jersey business.
Do I Need to Pay an Annual Report Fee Every Year?
Usually, yes. Most states require you file a report for your LLC every year. Some states require filing biennially (every other year), though a handful don’t require annual reports. You can find out more on the compliance page for your state.
Who Will I Need to Get Business Licenses and Permits From for My New Jersey LLC?
It depends on various factors including:
- The type of business you run
- Where you are located
- Governing organizations in your industry
- Federal, state and local regulations
That’s why our business license research package is so useful. It explores all of these areas for you and provides a comprehensive overview of exactly what your New Jersey LLC needs to be compliant.