Common government documents for new businesses.
Learn about some of the required government documents needed to set up a new business.
The opening of your business can be an exciting endeavor — but it’s also one that requires quite a bit of paperwork. You'll need to make sure you have the necessary business and government documents in place to not only operate legally but also avoid any potential missteps that cost time or money.
Let’s explore some of the local, state, and federal government documents you’ll need to open your business.
Necessary documents for starting your business.
Many of these business documents and more are available online with fillable forms to help speed up your documentation process. In many cases, you can also sign with digital signatures, so you can quickly send the documents without having to make a trip to the post office.
- Registration of business name. Unless you plan on using your personal name as your business name, you’ll need to register your business name with a DBA (Doing Business As) document.
- Employer identification number. You’ll use an employer identification number, or EIN, to report your yearly business income. The IRS provides this number for you, and there are no associated costs or setting one up.
- Business structure. If you plan on structuring your business as an LLC, LLP, S Corporation, or C Corporation, you’ll need to provide the appropriate new business paperwork, government documents and/or registration fee to your county or state authorities.
- Business license. Depending on your type of business, you may need to obtain specific licenses from your city or county in order to conduct business. Examples of these businesses include attorneys, daycare, hair salons, and accountants.
Remember that certain forms, fees, and requirements may vary from county to county or state to state, so double-check with your area’s requirements. This will ensure that you’re covering your bases and giving your business a good start, in the right direction.
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