Insurance Agent Permit Requirements in Nashua, NH

1. EIN (Employer Identification Number)

   Required if you have employees or operate as an LLC or corporation. Free from the IRS.

   Official government source

   Free·Immediate (online application)

   Free

   Immediate (online application)

1. New Hampshire — No Sales Tax

   New Hampshire has no state sales tax and no local sales taxes, so businesses need no sales tax permit or resale registration for sales tax purposes. Businesses may instead owe the Business Enterprise Tax and the Business Profits Tax, both administered by the NH Department of Revenue Administration; BET paid can be credited against BPT. Restaurants, caterers and lodging operators separately collect the Meals and Rooms (Rentals) Tax and must hold a DRA license for it. Filing and payment are handled through DRA's Granite Tax Connect portal.

   Official government source

   No fee to register for business taxes with DRA. For taxable periods beginning on or after January 1, 2025, a BET return is due from any enterprise with more than $298,000 in gross receipts or an enterprise value tax base above $298,000; the BET rate is 0.55%·Immediate — registration and filing are done online through Granite Tax Connect

   No fee to register for business taxes with DRA. For taxable periods beginning on or after January 1, 2025, a BET return is due from any enterprise with more than $298,000 in gross receipts or an enterprise value tax base above $298,000; the BET rate is 0.55%

   Immediate — registration and filing are done online through Granite Tax Connect

2. Errors and Omissions (E&O) Insurance

   New Hampshire does not require insurance producers to carry Errors and Omissions coverage as a condition of licensure — the NH Insurance Department licenses producers but does not mandate E&O. Carriers and appointing agencies commonly require it, and it covers claims arising from professional mistakes or failures to act. Confirm your appointing carrier's requirement before binding a policy.

   Official government source

   Set by the private insurance market, not by the State; premiums vary with revenue, lines written and coverage limits·Coverage can usually be bound quickly once an application and quote are complete

   Set by the private insurance market, not by the State; premiums vary with revenue, lines written and coverage limits

   Coverage can usually be bound quickly once an application and quote are complete

1. New Hampshire Insurance Department — Insurance Producer License

   Insurance agents in New Hampshire must be licensed as producers by the New Hampshire Insurance Department. Resident individuals must pass a written examination administered by PSI and complete a background check; applications are filed online through NIPR or the Department's portal.

   Official government source

   $210 initial license fee; $150 biennial renewal (RSA 400-A:29)·Confirm current processing time with the NH Insurance Department licensing unit (603-271-0203)

   $210 initial license fee; $150 biennial renewal (RSA 400-A:29)

   Confirm current processing time with the NH Insurance Department licensing unit (603-271-0203)

2. City of Nashua — No General Business License

   The City of Nashua does not require a general business license. The City Clerk's Office licenses only specific enumerated activities: chauffeurs (taxi drivers), taxicabs, pawnbrokers and secondhand dealers, itinerant vendors and hawkers/peddlers, amusement devices, and shows such as carnivals and concerts, plus separate permits for raffles, tag days and public events. A business outside these categories does not need a Nashua business license; confirm with the City Clerk (603-589-3010) if unsure.

   Official government source

   Not applicable for most businesses; enumerated categories are published: taxicab $100/year, chauffeur $80/year, pawnbroker/secondhand dealer $50/year, shows $50, vendors $10/day, $25/week or $100/year, raffles $10, tag days free·Not applicable

   Not applicable for most businesses; enumerated categories are published: taxicab $100/year, chauffeur $80/year, pawnbroker/secondhand dealer $50/year, shows $50, vendors $10/day, $25/week or $100/year, raffles $10, tag days free

   Not applicable

Official Sources

• New Hampshire Insurance Department — Insurance Producer License
• City of Nashua City Clerk

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