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I was basing my comments on things like the fact that the U. In my experience, most gambling sites are based outside of the U. My guess is that U. In terms of taxes, there certainly are many better locales than the U. Many U. I am not an international tax expert, either, so I do not have any countries to recommend.
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You must log in or sign up to reply here. If you are a service but you also use parts you will need a sellers permit also called a resale license or resale certificate to collect taxes and or buy wholesale. Any businesses that sell prepared food need a sellers license. Be optimistic in starting your business but pessimistic as to sales projections at least in the beginning.
If you are a professional such as an architect or doctor you also need a professional license from the state. Is there a real demand for your products? After you start, contrate on marketing because you will need it to survive. DO NOT.. DO NOT You will be liable to pay the rent and your personal assets may be seized to do so.
Do everything you can to sign a lease contract as a corporation. If you sing as a sole owner or you personally guarantee the lease you will have to pay it. Set up an LLC or incorporate. Chose the right business for you. You can take an ability test at any community college to find out what your streangths and weeknesses are.
Should I consider forming an LLC? For example, if your trade name is. Registering a fictitious business name does not protect that name nor does it protect the business owner from personal liability related to business actions as setting up a limited liability company LLC does. It is perhaps a better choice to just incorporate for the same or a little higher fee because you will also have corporate protection for the business name and personal vs business liabilities.
Also, consider the prestige that a limited liability company LLC affords. I am just one person. What if I an an out of state business? Do I still need to register and obtain a limited liability company LLC? Unless you have a location in the state you sell it is not required to form an LLC there.
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Do I need to obtain a federal or state tax ID number before forming a limited liability company LLC or getting other licenses?
How do I build credit under my LLC business? Start by applying for a line of credit for your LLC from your bank if you already have some personal credit. Businessnameusa registers,files and pays for filing fees and also provides information and filing legal forms and ways to help you file documents or register your business as self-help services and as ordered by you but is not affiliated with the federal,irs,state or local government agencies nor a law firm or cpa firm.
Businessnameusa is a private filing agency providing Business registration services business license tax id llc incorporation local federal state federal sellers permit or resale license dba filing These agencies may or may not charge you to file these documents but Businessnameusa charges a fee to help you register your business.
Businessnameusa is not a law firm or a substitute for an attorney or law firm. Copyright businessnameusa. Skip Navigation Links. Tax ID Number. Resale License. Wholesale ID License. Find or Get Copy Of. How Long. What Licenses Do I Need. FAQ Videos. Legal Advice. About Us. You first need to select the business structure among a sole proprietor, a partnership, Corporation or LLC.
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