You might be unsure whether you must submit paperwork for a DBA, or “doing business as” name, if you are beginning a business in Indiana. Unless you are conducting business in Indiana under a name other than your own legal name, a DBA is not necessary.
John Smith would need to submit a DBA application if he wanted to launch a company called “Smith’s Lawn Care,” for instance, because he would be using a name different than his legal one. John Smith wouldn’t have to submit a DBA application if he wanted to launch a company called “John Smith Lawn Care,” though.
The state of Indiana may nevertheless need you to register your business there and obtain any appropriate licenses or permits, even if a DBA is not required. The Single Business Permit is one such permit that enables companies to operate in numerous counties without obtaining additional licenses or permissions.
There is no requirement for a unique business license for Etsy if you are selling goods there. If you are conducting business under a name other than your legal name, you could still be required to register with the state of Indiana and get a general business license.
Even though it can be difficult, starting a business with no money is doable. Starting a service-based business with low to no beginning costs is one approach. Another choice is to look for small business-specific grants or loans. To augment your income, you might also think about launching a part-time business while maintaining a full-time employment.
You must submit Articles of Organization to the Indiana Secretary of State’s office in order to establish an LLC there. For tax-related purposes, you will also need to register with the Indiana Department of Revenue and receive an Employer Identification Number (EIN) from the IRS. In order to lay out the policies and procedures for the company, it is also advised that you draft an operating agreement for your LLC.
Despite the fact that a DBA is not always essential in Indiana, it is nevertheless crucial to identify and obtain any licenses, permits, and registrations that are required for your particular type of business. It is possible to launch a company without any capital, and establishing an LLC in Indiana entails submitting the necessary paperwork, including articles of organization, an EIN, registration with the Indiana Department of Revenue, and an operating agreement.
Although the establishment of an LLC is not specifically covered in this article, it is necessary to file Articles of Organization with the Indiana Secretary of State and pay a filing fee in order to create an LLC in Indiana. In addition, getting an EIN (Employer Identification Number) from the IRS is advised for tax purposes. To get advice on incorporating an LLC, it could be helpful to speak with an attorney or accountant.
The unique municipal or county regulations in Indiana will determine whether you need a local business license. If a business license is necessary for your location and industry, it is advised that you verify with your local government authorities.