House bill proposes change to business filings requirements

An article in NH Business Review by Bob Sanders reports:

You don’t have to register with the state to do business in New Hampshire, as long as you do it under your own name.

HB1434 would change that, at least for all businesses with employees or those that make more than $75,000 in annual gross income.

Many businesses register already, either as corporations, partnerships or as a sole proprietor when registering a business name. But some business ­– no one is quite sure how many – that operate under the owner’s name and don’t seek protection for their trade name are under no requirement to file according to current law.

Click here to read the complete article.