Are you starting a new business in the United States but wondering how to get started?

Don’t worry.

You’re in the right place.

In this post, we’ll talk about the essential legal requirements of setting up and running a business. This involves registering your business entity, state and federal filing, legal agreements, business licenses, and everything in between.

Here’s what you need to get started:

Business Name Registration

First things first, you need to register your business name as a legal entity and trademark it. This is to ensure that nobody else can copy your business name.

However, you should choose your business name very carefully. It should be unique, relevant to your business, scalable, easy to remember, and brandable.

Also, you should ensure that it is available as a domain name and social media handle names. This is an important step in taking your business online and attracting more prospects.

State and Federal Filing Requirements

Forming a legal business entity is necessary to get authorized to do business. You can choose the business structure that aligns the best with your ownership, taxation, and operational needs.

Some of the common business entity types include:

Based on the entity type you choose, you will have to file the required documents with the Secretary of the State’s office where you want to conduct business.

Along with state filings, you also need to acquire an Employer Identification Number (EIN) for taxation purposes. This tax ID also allows you to hire employees, pay taxes, and open a business bank account.

For easy and hassle-free paperwork, you can consider buying our well-curated business formation packages. You can take advantage of our expedited application processing without any additional cost.

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Other Legal Requirements

Along with state and federal filings, you should create essential legal agreements and contracts with business partners, vendors, employees, and contract-based workers. These legal documents can save you time and money and prevent disputes at later stages.

You should open a business bank account as well to separate your business and personal finances and assets.

Some types of businesses also need to acquire special business licenses and permits such as transportation, alcohol, and medical businesses. You should check with your state’s governing bodies for any specific legal documentation that may be required.

Want to learn about legal business formation requirements in detail?

Check out the infographic below, which we’ve created to help you get more clarity about the legal requirements of starting a new business.

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