If you’ve only started a brand new business, you are likely aware that you will need one or even more business licenses. But what you may possibly not be aware of is that the term “business license” does not mean a certain, distinctive document; there could be any number of permits or licenses that your organization needs in order to remain in compliant. Below, we will go over the method for determining the business of yours license requirements, the kinds of permits and licences out there, and the most effective ways for you to preserve your business in compliance.
Exactly how business license requirements are determined
Your business license and permit requirements depend on several things:
Your entity sort (whether you’re a corporation, LLC, sole proprietorship, as well as other kind of entity)
The purpose of the business of yours (there are industry specific permits and licenses)
The specific requirements of your city, county, and state In several cases, in case you’re engaged in any federally regulated activities, you may additionally have to have a permit or license from the federal level.
Types of business licenses and permits
There are an astonishing volume of permits and business licenses out there, for virtually every business type available. The following list, while nowhere near comprehensive, contains a sampling of several of the business licenses available:
Alcohol and tobacco permit
Body piercing license
Collections agency license
Pest control license
Real estate license
Sidewalk cafe permit
Taxi service permit
Waste transportation license Remember that each state varies in terminology, in addition to requirements, so it is important to take your time with your investigation.
How to obtain your necessary licenses and permits
There’s few different methods to go about determining the license of yours and permit requirements.
1. Contact the state of yours and local governments for the requirements of theirs.
Your state’s Department of Consumer Affairs, Department of Department, or State of Licensing may have the info you need; in case you’re not sure what office of your talk about works with business licenses, try out the Corporations Division for support. At the county level, try calling your County Clerk or perhaps your County Treasurer / Tax Collector’s company. At the city level, try out your City or even Town Hall.
2. Hire a corporate legal professional.
Should you don’t want to do all of the legwork yourself, you can have a business attorney determine what your type of business could need as much as permits and licenses.
3. Hire a third-party filing service.
A third-party filing service is going to be cheaper than a business attorney or legal adviser, since you’re not spending for legal advice; numerous third parties come with an electronic database of company licenses and permits, plus they can easily run your company through the system of theirs and let you know what you’re required to file in order to keep in compliance. Generally, you will receive a list of the necessary forms; many third party services even provide you with the kinds themselves.