You are legally required to obtain a business license if you are conducting business. Your business may also be subject to federal licensing requirements, county and state depending on your type of business, although the rates of license are generally small, especially in relation to the fines that can be incurred for operating without a license. Some local areas also include restrictions on work from home, although you may be able to obtain a variance. You can avoid the requirement of the business license to operate as a sole proprietorship. This is ideal for consultants and other companies that require minimal capital.
Register your business name as a fictitious name state or locally owned, and / or the federal government, if you do business under a name different from your own name. Registration ensures that business contracts are enforceable signatures. Contact your county clerk to request the appropriate forms. Most municipalities apply a nominal minimum tax to a sole proprietorship.
Obtain a number of employee ID (EIN, for its acronym in English) of the Internal Revenue Service (IRS, for its acronym in English). You can do this online via the IRS EIN Wizard or by completing and mailing address in the SS-4 form to the IRS. You need to know the legal name of a sole proprietorship, the trade name (dba or “doing business as”), the trustee and the names of the persons responsible, business address, date the business started, the accounting period, the first date wages were paid and other financial details of your business.
Obtain a seller’s permit if you plan status selling real estate. Consultants and other intellectual property providers usually do not require a seller’s permit. You can find the office most appropriate through the website of your state government. Download the corresponding full forms and sends status according to the instructions.
Obtain a zoning permit from your local planning board. You can find the office and corresponding forms through the website of your local government, or by calling your county clerk. Complete and submit the appropriate forms to your state according to the instructions. A zoning permit can apply even if you are working out of your own home, although some local areas may eximirte if you get a zoning variance.