New Jersey Corporation Requirements

After forming a corporation, you must undertake certain steps on an ongoing basis to keep your business in compliance. These steps are also important in preserving the limited liability a corporation provides its owners. This guide outlines the ongoing requirements for New Jersey corporations.

New Jersey corporate records

New Jersey corporations must keep complete corporate records at the principal place of business.

New Jersey corporate taxes and fees

The following are taxation requirements and ongoing fees for New Jersey corporations:

  • Annual report. New Jersey requires corporations to file an annual report on or before the last day of the anniversary month of the company’s incorporation. The filing fee is $50.
  • Taxes. For complete details on state taxes for New Jersey corporations, visit Business Owner's Toolkit or the State of New Jersey .
  • Federal tax identification number (EIN). An EIN is required for corporations that will have employees. Additionally, most banks require an EIN in order to open a business bank account.
  • State tax identification number. New Jersey does not require a state tax identification number.

New Jersey business licenses

Business licenses and/or permits are required for most businesses. The BizFilings Business License Application Package can help you stay on top of these requirements.

S corporation election

New Jersey does not recognize the federal S corporation election. It requires a state-level S corporation election.

Additional New Jersey information

View the following additional resources BizFilings has for forming and maintaining companies in New Jersey:

State Guides

The state in which you form your company can provide certain benefits.

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Guide to Incorporation

Learn what to expect when you're incorporating.