Doron F. Eghbali Business Formation Law Blog on Lawyers.com

Checklist for Business Formation - License or Permit?

Tuesday, November 24, 2009 by Doron F. Eghbali

Before launching your own business, it is necessary to make sure you have all the paperwork. Here is a list of some of the various permits or licenses you may be required to file:

Local Licenses, Permits or Registrations: Many states, cities or counties require you obtain a license or permit primarily for tax purposes or sometimes to protect public health or safety.
Special Licenses: An array of specialists from hairdressers to contractors and funeral home directors require special licensing.
Employer Identification Number: On the federal level, if you are a sole proprietor with employees, Partnership, LLC or Corporation, you need to get a nine-digit number something equivalent to corporate Social Security Number.
State Employer Identification Number or Charter: If your business is located in a state that collects income tax, you might be required to obtain State Employer Identification Number or Charter.
State Tax License: If your business is engaged in sale of goods or services, it is very likely you should file a state tax license. Laws vary state by state; however, most items sold to customers are taxable at the state level.
State Labor Department Registration: If you hire employees, you will likely need to register with your state's Labor Department or any other agency that handles unemployment insurance and worker's compensation.

Posted at 14:38 PM

Topic: Business Formation