How To Register Your Small Business In Five Steps
A duplicate proposed business name registration form.
How to register your small business in five steps. Depending on the complexity of your business it may be worth investing in a consultation from an attorney or cpa to ensure you are making the right structure choice for your business. Your business name plays a role in almost every aspect of your business so you want it to be a good one. With the right tools investment and support in place you re on the road to generating an income maintaining cash flow turning a profit and growing sustainably. But if you re starting a sole proprietorship or a partnership operating under a name that isn t your own e g your name is john smith but you want your. With this option you only pay state fees to register which range from 40 to 500.
Speak to one of our business advisers or your business local service provider if you are in regional wa. If one of your plans is registering a business in south africa especially a small business in the form of a small medium enterprise sme or a startup you will not have to register the entity like a company. Like all things in business your best approach is to take things one step at a time. Payment of registration fees fixed on territorial based with documentary stamp tax. A copy of government issued id.
Location and barangay clearance. Complete employee data form. To register your business there are five basic steps to follow according to shravan gupta. Register your business name. For sole proprietor registration.
How and where you need to register depends on your business structure and business location. Registering a business name is usually part of the process of registering separate entities like llcs and corporations. Pick and register your business name. In most cases an sme can be either a sole proprietorship or a partnership. To read the 8 steps to starting a business and other small business related information in an easy read format visit the wais website.
It typically takes up to 30 days for the state to approve the business and get it registered. If you live in the metropolitan area we encourage you to attend our business workshops. Small business administration sba explains everything you need to do to register your small business making sure you re operating on the right side of the law for any necessary licenses permits or registrations that may be required. Copy of municipality permission letter. Do it yourself through state website one way to register your business as a legal entity is through your state s official business registration website.