With years of New Jersey small business filing experience, Incorporate Fast will make certain that your New Jersey LLC or New Jersey corporation is formed correctly, efficiently and affordably. All of our New Jersey business filings have a rapid approval timeframe, and we will see to it that the entity is approved as quickly as possible.
We have designed small business filing packages to suit every small business budget, and all meet the expectations of our clients. We know you have a new small business to run, we’ll take care of the paperwork – you take care of the business.
All New Jersey Corporations and LLCs Must File:
Personal Income Tax
The New Jersey Individual income tax rates are as follows:
$0 – $20,000, the tax rate is 1.4%
$20,001 – $35,000, the tax rate is 1.75%
$35,001 – $40,000, the tax rate is 3.5%
$40,001 – $75,000, the tax rate is 5.525%
$75,001 – $500,000, the tax rate is 6.37%
$500,001 and up, the tax rate is 8.97%
Corporation Business Tax
The NJ corporation business tax is an income tax with a minimum payment based on your gross receipts.
If your net income is greater than $100,000, the tax rate is 9%
If your net income is greater than $50,000 and less than or equal to $100,000, the tax rate is 7.5%
If your net income is $50,000 or less, the tax rate is 6.5%
You do not need a state license to do business in New Jersey. You will need to get any professional or local licenses/permits required for your business activities.