1. New Jersey LLC Overview

If you live or operate a business in New Jersey, forming a local LLC is required. While NJ has high state income and property taxes, the LLC compliance fees are relatively moderate.

  • Moderate formation fee — $125 to file online
  • Reasonable annual fee — $75 per year
  • Mandatory tax registration — You must file Form NJ-REG shortly after formation

2. New Jersey LLC Requirements

  • Name must contain "Limited Liability Company," "LLC," or "L.L.C."
  • Appoint a registered agent with a New Jersey physical address
  • File a Public Records Filing for New Business Entity ($125)
  • File Form NJ-REG with the Division of Taxation
  • File an Annual Report by the anniversary month ($75)

3. New Jersey LLC Costs and Fees (2026)

Cost Item Amount Notes
Formation Filing$125One-time state filing fee
Annual Report$75/yearDue anniversary month
Registered Agent$50–$150/yearRequired NJ physical address
EINFreeApply at IRS.gov
Operating Agreement$0–$1,000Recommended, not legally required

4. How to Start a New Jersey LLC (Step by Step)

  1. 1 Choose your LLC name (must include "Limited Liability Company," "LLC," or "L.L.C.")
  2. 2 Appoint a registered agent with a New Jersey physical address
  3. 3 File the Public Records Filing for New Business Entity with the NJ Division of Revenue ($125)
  4. 4 Obtain an EIN from the IRS (free at IRS.gov)
  5. 5 Register for NJ state taxes (Form NJ-REG) within 60 days of formation
  6. 6 Draft an Operating Agreement (not filed, but highly recommended)
  7. 7 File Annual Report by the end of your anniversary month ($75)
  8. 8 Open a business bank account
Don't Forget the NJ-REG Form

A common mistake in New Jersey is forming the LLC but failing to file Form NJ-REG (Business Registration Application). You must file this with the Division of Taxation within 60 days to be legally authorized to collect sales tax and hire employees.

5. New Jersey Annual Report

New Jersey LLCs must file an Annual Report each year to keep their information up to date.

  • Due Date: The last day of your anniversary month (the month the LLC was formed).
  • Fee: $75.
  • Filing: Done online via the Division of Revenue's portal.

6. New Jersey LLC Taxes (2026)

  • State income tax — 1.4% to 10.75% graduated rate on pass-through profits
  • Federal income tax — Pass-through to personal return
  • Self-employment tax — 15.3% on net earnings
  • Sales tax — 6.625% state rate (New Jersey has reduced sales tax zones like Urban Enterprise Zones where the rate is halved)

7. Best For / Not Best For

Best For

  • Entrepreneurs living and operating in New Jersey
  • Businesses operating in the NY/NJ metro or Philadelphia/NJ metro areas

Not Best For

  • Out-of-state owners without New Jersey nexus
  • Founders seeking a state with low personal income tax rates