How To Register Business Entity
Companies have different setups and are distinguished.
How to register business entity. Be warned that this route can directly affect your. Then proceed with business name registration at the appropriate levels. 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. If your business is an llc corporation partnership or nonprofit corporation you ll need a registered agent in your state before you file. You register the name of a partnership llc or corporation as a part of business formation in most cases.
For example if you own a cafe and want to open another one under a different name you would file a dba. Check the business names database for your state to ensure the name you want is not in use. 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. The registered agent must be located in the state where you register. Pagaspas cpa for a number of good reasons philippines has been an good location for foreign investors to do business economic standing consumer population manpower quality culture climate among others and the best way to establish in the philippines is to register a philippine business entity appropriate to the intended operations in the philippines back office.
You don t register an s corporation with your state. It keeps both the first and second cafe as one legal entity but with two different names. A company has the right to own property has perpetual succession and can sue or be sued in its own name. Clickhereto view our business entity structure comparision chart pdf 564kb a local company is a business entity incorporated in singapore. 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.
A dba can also be used by existing llcs and corporations to register other businesses under them. Here s how to register a business name at the state local and federal level. 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. The process is different for each state. Corporation partnership or llc.
There are also sub categories of partnerships and llcs. You register your business as the type of legal entity you want. Not sure which business entity to register.