How To Register Your Small Business With The State

Open a business bank account.

How to register your small business with the state. 1 registration with your state and 2 registration with your locality. Choose your business name. There are really two different processes involved and you will have to do both in most cases. 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.

Get federal and state tax id numbers. 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. Provide the requested information in the state application. 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. To register your business you must electronically register through mytax illinois approximately one to two days to process.

Close the irs website s browser after obtaining your ein. You ll then be directed to the irs website s online ein application. 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. 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. Most states require you to register with the secretary of state s office a business bureau or a business agency.

If on the other hand you plan on owning a sole. Apply for licenses and permits. Please note that a name reservation is not a business registration its purpose is to only reserve the business name. As a business operator you ll also need to comply with state income tax and employment laws. 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.

A sales tax permit will let you legally collect sales tax from customers. Some states allow you to register online and some states make you file paper documents in person or through the mail. Sole proprietors may particularly want to do this step. Provide any additional information necessary to assign your ein. Register with state and local agencies once all the federal registrations are done you likely need to register your business with one or more agencies in your state or local government such as revenue offices.