How To Register Business Entity

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How to register business entity. If your business is an llc corporation partnership or nonprofit corporation you ll need a registered agent in your state before you file. 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. Not sure which business entity to register. In this insight we discuss why this is important and how you can go about doing this. A dba can also be used by existing llcs and corporations to register other businesses under them.

It keeps both the first and second cafe as one legal entity but with two different names. Check the business names database for your state to ensure the name you want is not in use. When your business idea has reached the minimum viable product mvp stage with interested customers and investors it is time to set up a registered business entity. 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. There are also sub categories of partnerships and llcs.

You register your business as the type of legal entity you want. 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. 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. A company has the right to own property has perpetual succession and can sue or be sued in its own name. Here s how to register a business name at the state local and federal level.

A registered agent receives official papers and legal documents on behalf of your company. For example if you own a cafe and want to open another one under a different name you would file a dba. Corporation partnership or llc. The process is different for each state. You don t register an s corporation with your state.

You register the name of a partnership llc or corporation as a part of business formation in most cases. The registered agent must be located in the state where you register. Companies have different setups and are distinguished.