How To Register Your Small Business With The State

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Provide any additional information necessary to assign your ein.

How to register your small business with the state. If your business is a corporation a non profit an llc or a partnership you ll have to register it with your local state government. As a business operator you ll also need to comply with state income tax and employment laws. Open a business bank account. Get federal and state tax id numbers. To register your business you must electronically register through mytax illinois approximately one to two days to process.

Complete and mail form reg 1 illinois business registration application to us at the address on the form form reg 1 is available on our web site as a fill in and savable form. Enter your new ein in the state application. Some states allow you to register online and some states make you file paper documents in person or through the mail. Please note that a name reservation is not a business registration its purpose is to only reserve the business name. Choose your business name.

As a rule you ll need to register your business with your state s revenue office you may also need to apply for a tax permit e g. 1 registration with your state and 2 registration with your locality. If your business name is available and you are still not ready to register the business you may reserve your business name for up to 60 days by filing a name reservation. Close the irs website s browser after obtaining your ein. Apply for licenses and permits.

How to register your business if your business is an llc partnership or a corporation you should contact your state s secretary of state office to create and or register your business it is possible to create an llc or corporation in another state but you ll need to register it in the state you re doing business. Buy assets and equipment. Hire and manage employees. If on the other hand you plan on owning a sole. Most states require you to register with the secretary of state s office a business bureau or a business agency.

There are really two different processes involved and you will have to do both in most cases. Sole proprietors may particularly want to do this step. Registration of your business name takes place in your state through your state s business division usually part of the secretary of state. If you plan to run payroll you may also need to register with your state agency to file payroll taxes. Provide the requested information in the state application.

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