StartBizQuiz.COM

FAQs

Q: Do I Need a Business License to start my business?

A: You Need a business license If You are starting a business -- any business or hobby for profit.

Q: Do I Need an EIN?

A: Yes, if:

1. You are a partnership,
2. an employer, an
3. LLC, a
4. Corporation or an
5. Independent Contractor,

you will need a federal ax ID Number IRS EIN.

Q: Do I Need a Seller's Permit?

A: If you buy or sell wholesale, or retail or even if you lease personal property such as equipment or appliances or any type of items or merchandise, you will need a sales tax ID number also called a seller's permit.

Q: Do I Need a State EIN?

A: If you are an employer, you will need both a federal tax id number and a state employer tax id number.

Q: What is a Business License?

A: All businesses must obtain a business tax registration id number also called a business license.

Q: Do I Need to Register My Busines Name?

A: Businesses that use a trade name to do business, need to file a DBA doing business as fictitious business name certificate.

All businesses need tax IDS. There are four tax IDs: a federal employer identification number, a state employer identification number, a sales tax identification numb you need a business name certificate and you can form an LLC to Register Your Business name instead of getting a dba business trade name certificate. Also, if your corporation name is the same as the dba business name, you don't need a DBA filing.