New Hampshire Resources Page
Inward Investment Guides

Regional Report: New England’s Strong Educational Infrastructure Fosters Growth

Beth Mattson-Teig (July 2011)
A link that unites the New England States is a highly educated work force. The region is known for its extensive base of universities and colleges that has spawned a world-class research and development community. More

New Hampshire Direct Financial Incentives 2011

Area Development Online Research Desk (March 2011)
New Hampshire's economic development, finance, and tax organizations provide a range of incentive programs to initiate new business and commercial investment. Specific programs include business loan programs, a jobs grant program, and an R&D tax credit. More

New Hampshire Basic Business Taxes 2011

Area Development Online Research Desk (March 2011)
New Hampshire’s economic development, finance and tax organizations provide a range of incentive programs to initiate new business and commercial investment. Specific programs include no sales and use tax, no personal income tax, and no capital gains tax. More

The Milken Institute: 2010 State Technology and Science Index

The Milken Institute (1/28/2011)
The Milken Institute ranks the top 10 states for science and technology in the nation. Massachusetts, Maryland, and Colorado lead the list. More

The Tax Foundation: 2011 State Business Tax Climate Index

The Tax Foundation (10/27/2010)
In its 2011 State Business Tax Climate Index, the Tax Foundation recognizes the 10 states with the most business-friendly tax environments. More

Low Business Taxes Encourage High-Tech, and Advanced Manufacturing in New Hampshire

Mali R. Schantz-Feld (Feb/Mar 08)
“New Hampshire is bullish on its economy, defying regional and national trends,” says Mike Vlacich, director of the New Hampshire Division of Economic Development. The Granite State was reported by The Tax Foundation to have the second-lowest overall tax burden behind Alaska, with no sales tax, use tax, broad-base income tax, capital gains tax, or inventory tax, and no higher assessment for commercial or industrial real estate. “New Hampshire is the only state in New England to have projected economic growth above the national average,” says Vlacich. More
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Studies/Research
News Items
 
Around The Web
 
Studies/Research

NEW HAMPSHIRE at a glance

POPULATION: 1,235,786 (2009)

LABOR FORCE: 744,890

RIGHT TO WORK: No

TRADITIONAL INDUSTRIES: Industrial and commercial machinery, electronic and electrical equipment, fabricated metal products, subcontracting manufacturing

EXPANDING INDUSTRIES: Computer support, health services, business services, educational services, electronics, engineering, business services, biotechnology, medical device manufacturing, 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

Inventory Tax: None

Real Estate Transfer Tax: 0.75 percent per $100 of price

Rooms & Meals Tax: 9 percent

Business Enterprise Tax: 0.75 percent on the enterprise value tax base; this is a dollar-for-dollar credit against business profits.

Capital Gains Tax: None

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

Export financing

Industrial development bonds

Loan guaranty programs

Venture Capital Network, Inc.

Foreign-trade zone

Small Business Investment Company (venture capital funding)

Economic Revitalization Zone tax credits

Job grants for northern N.H.

Job creation tax credits for northern N.H.

Low-interest loans for real estate investments

Low-interest loans for energyefficient machinery

Job Training Program

R&D Tax Credit Program

Intellectual Property Finance Program

Principal Manufacturing industries

  • Electrical Machinery & Electronics Equipment
    20.2%
  • Machinery (Except Electrical)
    16.2%
  • Professional, Scientific, & Controlling Instruments
    9.8%
  • Fabricated Metal Products
    7.6%
  • Rubber & Miscellaneous Plastic Products
    7.4%
  • Printing, Publishing, & Allied Industries
    6.8%
  • Primary Metal Industries
    4.8%
  • Paper Manufacturing
    4.4%
  • Lumber & Wood Products
    4.1%
  • Other Manufacturing Industries
    18.7%