Businesses with registered trade names, Non-Profits, Limited Liability Companies, Corporations, and Partnerships are required to register with and file an annual registration with the Division of Corporations at the Office of the Lieutenant Governor.
Businesses must pay a 5% gross receipts tax for all income. If the business’ annual income is less than $225,000, the business must file and pay by January 30 of the year following. There is a $9000 per month exemption. If the business’ income exceeds $225,000, the business must file and pay monthly within 30 days after the end of the month.