POPULATION: 1,314,895 (2006)
LABOR FORCE: 753,960 (June 2007)
RIGHT TO WORK: No
TRADITIONAL INDUSTRIES: Industrial and commercial machinery, electronic and electrical equipment, fabricated metal products, subcontracting manufacturing
EXPANDING INDUSTRIES: Computer support, desktop publishing, health services, business services, educational services, electronics, engineering, business services, biotechnology, financial and insurance
COLLEGE GRADUATES: (Age 25 and over) N/A
BASIC BUSINESS TAXES:
Corporate Income Tax: 8.5 percent of net business profits allocable to the state; no personal income tax
Incorporation Fees: $35 recording fee for articles of incorporation; fee for filing articles of incorporation is based on the authorized capital stock of the corporation; $50 fee for addendum to articles of incorporation
Sales and Use Tax: None
Local Property Tax: Based on assessed valuation, and assessed, levied, and collected by municipalities; no property tax on inventory, machinery, or equipment
State Education Tax: $3.33 per $1,000 of total equalized valuation assessed on property owners and collected by municipalities (2005)
Telecommunications Tax: 7 percent
Machinery Tax: None
Real Estate Transfer Tax: 0.75 percent per $100 of price
Rooms & Meals Tax: 8 percent
Business Enterprise Tax: 0.75 percent on the enterprise value tax base
BUSINESS INCENTIVES:
New Hampshire Economic Development Data System (computerized site-selection services)
Community Development Block Grants
New Hampshire Small Business
Development Center
New Hampshire Business Finance Authority
New Hampshire Business
Development Corporation
Export Financing
Industrial Development Bonds
Loan Guaranty Programs
Venture Capital Network, Inc.
Foreign-Trade Zone
Small Business Investment
Company (venture capital funding)
CROP (Community Reinvestment Opportunity Program) Zone Tax Credits
Job Grants for Northern N.H.
Low-interest loans for real estate investments
Low-interest loans for energy-efficient machinery
Job Training Program
R&D Tax Credit Program
Intellectual Property Finance Program