How To Register A Business Entity
But if you re starting a sole proprietorship or a partnership operating under a name that isn t your own e g your name is john smith but you want your business name to be something else you may need to file a dba a.
How to register a business entity. Selecting the right type of company or corporation for your new business helps maximize your chances of financial and operational success. There are three options to register a name either by registering a company first using your name and file for registration of the name later or reserve the name and then initiate the company incorporation process later. Registering a business name is usually part of the process of registering separate entities like llcs and corporations. If you own the business entirely by yourself and plan to be responsible for all debts and obligations you can register for a sole proprietorship. All businesses need to register both a legal structure business entity form and a name dba.
You select this option after your corporation is in place to file your business type with your state you will need to go to your state s secretary of state website and look for the business division. Business owners register their businesses in at least two and possibly three ways. Be warned that this route can directly affect your. You can find information on the website of the secretary of state or the county or city clerk in your area. Corporation partnership or llc.
A registered agent receives official papers and legal documents on behalf of your company. The process is different for each state. You register your business as the type of legal entity you want. You may want to consult with an attorney before choosing a legal structure particularly if more than one person will own the business. There are also sub categories of partnerships and llcs.
The procedure for registering a business entity is implemented through the one stop shop which enables business entities to register at the business registers agency and at the same time obtain the registration number vat number and health insurance beneficiary s number issued by the republic health insurance institute. Keep in mind you may not need to form and register your business and separately in all cases. Common types of business structures and corporations include c corporations limited liability companies llc partnerships s corporations and sole proprietorships. How to register a business name the first step of registering a name is to find out whether you need to register and at what levels of government. You will register your trade name at the county clerk s office in every county where you plan on conducting business.
The registered agent must be located in the state where you register.