New Hampshire LLC vs Michigan LLC (2026)
Compare New Hampshire LLC vs Michigan LLC on filing fees, taxes, privacy laws, and annual costs. Find out which state is actually better for your business.
By Edmond Hui · Last updated: August 13, 2026
Verdict: New Hampshire wins for most businesses
For most New Hampshire-based businesses, forming locally in New Hampshire is the smarter choice. You avoid paying fees in two states and managing compliance in both. Michigan only makes sense if your business genuinely operates there or you need its specific privacy structure, and even then the total costs deserve a hard look.
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| Factor | New Hampshire | Michigan |
|---|---|---|
| Filing Fee | $100 | $50 |
| Processing Time | Not published by the state | Not published by the state |
| Annual Report Fee | $100 | $25 |
| Annual Report Due | April 1 | February 15 |
| State Income Tax | No | Yes |
| Anonymous LLC | No | Yes |
| Publication Requirement | No | No |
| Foreign LLC Cost (if forming out-of-state) | N/A, you're in your home state | $100 + registered agent ~$150/yr |
Full fee breakdown for either state: New Hampshire LLC cost and Michigan LLC cost.
Business Climate: New Hampshire vs Michigan
| Factor | New Hampshire | Michigan |
|---|---|---|
| 5-year business survival rate | 47.7% (#40 of 51) | 55% (#4 of 51) |
| Business application growth (2026 YTD (Jan to Jul) vs 2025 YTD (same months)) | +26.1% YoY (#42 of 51 by volume) | +17.3% YoY (#11 of 51 by volume) |
Sources: U.S. Bureau of Labor Statistics, Business Employment Dynamics · U.S. Census Bureau, Business Formation Statistics (BFS)
Compare LLC Costs: New Hampshire vs Michigan
New Hampshire
Michigan
Costs include every mandatory state charge: the filing fee, the report fee (annualised where a state files biennially), any state entity-level tax shown in its own row above, a one-time publication cost where a state requires publication, and any one-time registration charge a state requires before the LLC may trade. Annualising makes the 1, 3 and 5 year rows a cost of ownership rather than a payment schedule: a biennial state charges its whole report fee in the years it falls due and nothing in between. Entity-level taxes that only apply after a corporate election, or above an owner or income threshold, are excluded and flagged on the state's own cost page. New York's publication cost is carried at a $250 floor, roughly $200 of newspaper cost in a low-cost county plus the $50 Certificate of Publication fee. No county-clerk-designated New York City newspaper publishes a rate card, so the four-figure NYC estimates in wide circulation cannot be traced to a primary source and are not asserted here; budget for materially more than the floor if you file in a NYC county. Montana's annual report is free when filed by April 15 and $35 after, a waiver the Secretary of State applies at its discretion. Every fee was verified against the state's own fee schedule, statute, or revenue authority on 29 July 2026. Excludes registered agent and legal fees. For informational purposes only, not legal or tax advice.
Filing Fees & Formation Costs
New Hampshire charges $100 to form an LLC, while Michigan charges $50. Michigan is $50 cheaper upfront. The cost that usually gets overlooked: if you form in Michigan but operate in New Hampshire, you must also register as a foreign LLC in New Hampshire (a $100 filing) and maintain a registered agent in Michigan (typically around $150 per year). That puts the realistic first-year cost of the Michigan route at roughly $300, versus $100 for simply forming in New Hampshire. Speed isn't a basis for choosing between them: neither New Hampshire nor Michigan publishes a standard processing time, so any figure comparing the two is guesswork.
Taxes: New Hampshire vs Michigan
New Hampshire has no personal income tax, while Michigan taxes individual income. Since pass-through LLC profits are taxed where you live and operate, a New Hampshire-based owner keeps New Hampshire's no-income-tax benefit either way. Forming in Michigan adds no tax advantage. Michigan levies a flat 4.25% individual income tax; Treasury confirmed on April 15, 2026 that the rate remains 4.25% for the 2026 tax year because the statutory rate-reduction trigger wasn't met. Business Profits Tax of 7.5% applies to LLCs with gross business income over $109,000 (threshold for periods beginning on/after 1/1/2025), and Business Enterprise Tax of 0.55% applies over $298,000 of gross receipts or enterprise value tax base. Both beyond the $100 annual report fee.
Privacy & Asset Protection
Michigan allows anonymous LLC formation. Member and manager names don't appear on routine public filings. Articles of Organization (Form CSCL/CD-700) require only the company name, purpose, duration, resident agent, and registered office, signed by an organizer who may be a third party, and the annual statement under MCL 450.4207(3) requires only the resident agent's name and registered office address. No member or manager is listed on any routine public filing. New Hampshire doesn't offer that same privacy. The Certificate of Formation (RSA 304-C:31) doesn't require member/manager names, but the annual report (RSA 304-C:194) must set forth the names and business addresses of the LLC's managers or, if there are no managers, at least one member, so ownership/management can't stay off all routine public filings. Both states provide charging-order protection for LLC members, and for most small businesses the practical difference in asset protection between the two is minimal. One important caveat: if you register your Michigan LLC as a foreign LLC in New Hampshire, that New Hampshire registration is itself a public record, which can undercut much of the privacy benefit for a business that operates in New Hampshire.
Annual Maintenance Costs
New Hampshire LLCs file an annual report ($100, due April 1), and Michigan LLCs file an annual report ($25, due February 15). If you form in Michigan while operating in New Hampshire, you maintain filings in both states, Michigan's report plus New Hampshire's equivalent for your foreign registration, and pay a Michigan registered agent roughly $150 per year. That brings ongoing costs of the Michigan route to roughly $275 per year, versus about $100 to keep a domestic New Hampshire LLC in good standing. One more recurring cost to budget for: Business Profits Tax of 7.5% applies to LLCs with gross business income over $109,000 (threshold for periods beginning on/after 1/1/2025), and Business Enterprise Tax of 0.55% applies over $298,000 of gross receipts or enterprise value tax base. Both beyond the $100 annual report fee.
When Michigan Actually Makes Sense
Forming in Michigan makes sense in a few specific situations: you need anonymous ownership. New Hampshire puts owner or manager information on public filings and Michigan doesn't (usually via a holding company, since operating in New Hampshire still requires a public foreign registration there), your business genuinely operates in Michigan, with a real office, employees, or property there, or you're relocating to Michigan in the near future and accept taking on Michigan's personal income tax, which New Hampshire doesn't levy. For a typical small business based in New Hampshire, none of these usually apply. Registering a Michigan LLC to do business back home means $100 in New Hampshire foreign-registration fees, on top of Michigan's $50 formation fee, while New Hampshire's own annual report runs $100 a year and is due April 1. When in doubt, form where you actually do business.
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