One issue that can cross your mind if you’re starting a business is if you need to register your business name. The answer is that it depends on how your company is set up. You might not have to register your business name if it is a sole proprietorship. However, you must register your business name if you are creating an LLC, partnership, or corporation.
The state does not require sole proprietorships to register their business names. They can use a fictional name, often known as a “doing business as” (DBA) name, or they can use their given name as their company name. If you decide to use a DBA name, you must register it with your county or state in order to prevent someone else from using it.
You need to register your business name with the state if you’re starting a corporation, LLC, or partnership. In your state, you are not permitted to use a name that is currently in use by another company. After deciding on a distinctive name, you must register it with the secretary of state.
Unless they have employees, sole proprietorships do not require an Employer Identification Number (EIN). However, if you want to keep your personal and corporate finances separate, having an EIN is an excellent idea.
You may locate your EIN on any official communication from the IRS if you have already applied for one for your company. To retrieve your EIN, call the IRS Business and Specialty Tax Line at 800-829-4933.
The IRS website offers a free tax ID number, commonly known as an EIN. You will have to give some basic information about your company, like its name, address, and legal form. How Do I Form a Kentucky Corporation?
Articles of incorporation must be submitted to the Secretary of State in order to form a corporation in Kentucky. Additionally, you must designate a registered agent to accept legal documents on your corporation’s behalf. The Secretary of State will issue you a certificate of incorporation once your articles of incorporation have been accepted.