HOW TO REGISTER YOUR BUSINESS EFFECTIVELY

HOW TO REGISTER YOUR BUSINESS EFFECTIVELY

It is necessary for you as an entrepreneur with a viable business idea and a solid business plan to know how to register a company before you can start doing business. It's important to understand that your business must be registered properly and comply with tax regulations in order for it to be legal.

1. Choosing a Business Structure

v Consult an attorney.

v Consider taxes

v Determine how much personal liability you want to face.

v Decide how you want to raise funds.

v Think about paperwork.

2. Planning Your Business

v Write out your business plan.

v Choose a name.

v Apply for trademarks.

v Find an office address.

v Designate a registered agent.

v Appoint directors.

v Create bylaws or operating agreements.

3. Registering With the State

v Prepare your articles of incorporation.

v File your articles of incorporation.

v Pay the required fee.

4. Completing Additional Requirements

v Apply for an Employee Identification Number (EIN).

v Register for state taxes.

v Register for tax exemption.

v Obtain licenses and permits.

v Register your trademark and business mark

v File annual reports

How to Register a Company (with Pictures) - wikiHow

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