How To Register A Small Business Company
Register with the irs your business structure determines if and what type of federal tax your small business has to pay.
How to register a small business company. As a business operator you ll also need to comply with state income tax and employment laws. If you need to register immediately you must apply online at companies house before 3pm and pay an additional 100 fee. You can also register your company via a bank including nedbank and first national bank. In some cases you don t need to register at all. A sales tax permit will let you legally collect sales tax from customers.
You can register your company online on the companies and intellectual property commission cipc website. If you conduct business as yourself using your legal name you won t need to register anywhere. For a full list of all types of companies small and large please ask the companies control department under the umbrella of the ministry of industry trade and supply. The us small business administration is an independent federal agency that works to assist and protect the interests of american small businesses by delivering the answers support and resources small businesses need to start up succeed and grow. If you have employees business partnerships or are a corporation you ll.
Registering a company name costs 12 online at companies house and can be paid by debit or credit card or paypal account. 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. Protect your company name the cost of registering a company ranges from 417 506 depending on the type of company you register. The sba community is an interactive extension of the site and features a variety of discussion boards and blogs that allow business owners to. Furthermore when your small business registration budget is less than 10000 go for llp.
Finally you can form opc when you are a single owner and want to enjoy the corporate features. However with this entity you can enjoy all the company features with roc. If your company carries on business under a name different to your registered company name then you must register it as a business name. Where do i register my small business. For most small businesses registering your business is as simple as registering your business name with state and local governments.
A company is usually registered within 24 hours.