A guide to help you understand the ins and outs of business in New Hampshire
New Hampshire is located in New England, sharing borders with Vermont, Massachusetts and Maine. While Concord is the capital of New Hampshire, Manchester is the state’s largest city. The state is small in both landmass and population as just the 46th largest state and with a population of 1.36 million people, making it the 41st largest state, in terms of residents. New Hampshire had a GDP of $87,634,000,000, in 2019.
New Hampshire’s top three industries are real estate, professional and business services, and educational services, health care and social assistance.
In 2019, New Hampshire imported $433,249 from Qatar. Its top imports are: Optic, photo, medical/surgical instruments Special classification provisions Plastics and articles thereof In 2019, New Hampshire exported $71,885,323 to Qatar with its top exports being: Electric machinery, sound/tv equipment Nuclear reactors, boilers, machinery, etc. Optic, photo, medical/surgical instruments
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New Hampshire has a corporate income tax, which they call the Business Profits Tax (BPT). The BPT is a flat rate of 7.7%. The state has a single free trade zone in Portsmouth, and 19 incentive programs like the Pathway to Work Program and the Economic Revitalization Zone Tax Credit.