Start a New Jersey LLC with Form Wise
Starting a New Jersey LLC is a smart step for entrepreneurs looking to protect their personal assets, gain flexibility in how they manage and operate their business, and build credibility. Whether you’re starting a side hustle in Hoboken or launching your full-time company in Newark, Form Wise is here to help simplify the process of forming your New Jersey business.
Why Start a New Jersey LLC?
Forming a New Jersey LLC (Limited Liability Company) provides personal liability protection, tax flexibility, and less paperwork than forming a corporation. With a New Jersey LLC, your personal assets like your home, car, and bank accounts are typically protected if your business is sued or owes debt. Additionally, New Jersey LLCs benefit from simplified state filing requirements and fewer ongoing formalities compared to corporations.
How to Start a New Jersey LLC
Here’s a comprehensive step-by-step guide to forming your New Jersey LLC:
1. Choose a Name for Your New Jersey LLC
Your New Jersey LLC name must be unique and meet state naming requirements. It must include a designator like “Limited Liability Company,” “LLC,” or “L.L.C.”
Apply now, pick a name and we will verify the availability!
2. Appoint a Registered Agent in New Jersey
Your New Jersey LLC must designate a New Jersey registered agent to receive legal documents and official notices. The registered agent must be a resident or authorized entity with a physical address in New Jersey and must be available during regular business hours.
Get in touch with us and we will refer a Registered Agent!
3. File the New Jersey Public Records Filing
To officially create your New Jersey LLC, you must file the Public Records Filing for New Business Entity with the New Jersey Division of Revenue & Enterprise Services. You can complete this process online through the New Jersey Business Formation portal.
You can file for a domestic LLC with Form Wise!
4. Obtain a New Jersey Business Registration Certificate
Once your New Jersey LLC formation is approved, you’ll need to file for a Business Registration Certificate (BRC). This is required for tax filings and doing business with public agencies in New Jersey. You can complete the registration using Form NJ-REG via the online portal.
5. Create a New Jersey LLC Operating Agreement
While not required by law, having an Operating Agreement for your New Jersey LLC is highly recommended. This document outlines how your LLC will be run, defines roles and responsibilities of members or managers, and helps reduce the chance of future disputes. It also reinforces your LLC’s legal separation from its owners.
Contact us if you need help with your Operating Agreement
6. Get an EIN for Your New Jersey LLC
Your New Jersey LLC needs an Employer Identification Number (EIN) from the IRS if you have employees, plan to open a business bank account, or file taxes.
Start processing your EIN online now!
7. Comply with New Jersey Tax and Regulatory Requirements
Depending on your business activities, your New Jersey LLC may need to register for state taxes such as sales tax, employer withholding tax, or other business-specific taxes. Visit the New Jersey Division of Taxation for full details.
Some businesses in New Jersey also require professional or local licenses to operate legally. Check with the New Jersey Business Action Center to identify any industry-specific requirements.
8. File New Jersey Annual Reports
Your New Jersey LLC must file an Annual Report with the New Jersey Division of Revenue every year by the anniversary month of your business formation. This report keeps your business information current and in good standing.
Need help with your Annual Filings and Reporting?
Maintaining Compliance for Your New Jersey LLC
To keep your New Jersey LLC in good standing, you must file annual reports, maintain a registered agent, renew any necessary licenses, and comply with all local, state, and federal laws. Missing a deadline can lead to penalties or administrative dissolution of your New Jersey business. Form Wise offers tools to help you stay compliant year-round.
Start Your New Jersey LLC with Form Wise Today
Forming a New Jersey LLC is one of the most strategic ways to protect yourself legally and operate with flexibility. Let Form Wise take care of the paperwork and state requirements so you can focus on building and growing your New Jersey business. Whether you’re forming a single-member LLC in Trenton or launching a multi-member LLC in Jersey City, we’re here to help you every step of the way.
Start your New Jersey LLC with Form Wise and bring your business vision to life in the Garden State.
