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If you are about to launch a start-up, you have no doubt asked yourself, “Do I need a business license?”
No matter what type of business you own—whether it’s in a physical storefront or based online—and regardless if it’s a small or large company, you are going to need to obtain and maintain a business license (possibly more than one).
Business licenses can be complicated, so we have put together this article to address the often-confusing topic of business licenses.
What is a business license?
What is the point of a business license?
Who needs a business license?
Where can I get a business license?
How do I get a business license?
What happens if I do not obtain a business license?
What happens after I have my business license?
Our partnership with LicenseLogix makes it easy for new and existing businesses to obtain all the licenses and permits your business may need. Their Client License Information Center, or CLiC, makes it easy for you to manage the business license renewal process, thus avoiding late charges and fines.
Keep in mind that it is not just new businesses that have to think about business licenses. Existing businesses must be mindful as well. Many situations could cause your company to fall out of compliance. The following are circumstances in which the requirements of your existing business license could change, and your company could need to update its business license:
Business license compliance is an important aspect of owning a company, but it doesn’t have to be stressful or tedious. However, some governmental agencies are easier to deal with and more efficient than others.
THE AUTHOR OF THIS BLOG ARTICLE IS NOT A LAWYER AND HARVARD BUSINESS SERVICES, INC. IS NOT A LAW FIRM. THE ARTICLE ABOVE IS NOT INTENDED AS LEGAL ADVICE AND SHOULD NOT BE TAKEN AS LEGAL ADVICE. THIS SHORT ARTICLE IS STRICTLY TO MENTION SOME ASPECTS OF DELAWARE’S CORPORATION LAWS AND/OR LAWS RELATING TO OTHER FORMS OF ENTITIES WHICH YOU MAY NOT BE FAMILIAR WITH. WE RECOMMEND THAT YOU CONSULT WITH A LAWYER BEFORE FORMULATING A STRATEGY WHICH WILL BE SUITABLE FOR YOUR SPECIFIC CASE.
There are 8 comments left for Do I Need a Business License for My Company?Dan Herman said: Monday, December 4, 2017
I have an LLC consists of a golf pro SHOP driving range and snack shop Do I need seperate business licences Even though I have one EIN FOR MY CorpHBS Staff replied: Tuesday, December 5, 2017
Typically, a business license is obtained in the state where a company is physically operating. Some states may need the entity to obtain a license for each venture. It is best to ask the state in which your company physically operates what is required and if you need to obtain business licenses to operate multiple ventures.SUMAN SAHOO said: Thursday, August 24, 2017
We want to start a LLP of 3 partners, please inform us the startup procedure and engaged legal activities. Thanks & Regards Suman SahooHBS Staff replied: Friday, August 25, 2017
Hello. Here is more information on LLPs: https://www.delawareinc.com/blog/what-to-know-about-a-limited-liability-partnership/
If you'd like to form an LLP, you can do so from our website or feel free to call us at 1-800-345-2677 during normal business hours.michele miller said: Monday, November 28, 2016
I want to start a cleaning business. What steps do I need to take to get startedHBS Staff replied: Tuesday, November 29, 2016
To form an LLC or corporation, you can call us at 1-800-345-2677 9-5 EST Mon-Fri. This blog outlines some of the possible licenses you may need, and our partners at LicenseLogix can further guide you in regard to your specific type of business.
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