Every company in D.C. needs to get a Basic Business License (BBL) in order to lawfully operate. The Department of Consumer and Regulatory Affairs (DCRA) is responsible for issuing the BBL. You must complete an application and submit it to the DCRA along with the necessary cost in order to obtain a BBL. The cost of the BBL varies according to the location and type of business. Online, by mail, or in person at the DCRA’s Business Center, you can submit an application for a BBL. Who in DC requires a fundamental business license?
All firms in D.C., including sole proprietorships, partnerships, corporations, and limited liability companies (LLCs), are required to have a BBL. The sole exclusions are companies that are exempt from licensing, including nonprofits, some governmental entities, and religious institutions. A separate license from each of their different regulatory bodies is additionally required for some professions, including those of doctors, attorneys, and accountants.
Yes, a BBL is required for sole proprietors in D.C. This is so that the owner of a sole proprietorship, who is personally liable for the debts and legal responsibilities of the firm, is not a different legal entity from the business. By making the company a distinct legal entity, obtaining a BBL can aid in protecting the business owner’s personal assets. Do I have to register my home business?
Yes, a BBL is still required if you operate a business from your D.C. residence. You might still need to adhere to extra criteria, such as zoning laws or licenses for home occupations. The DCRA and the D.C. Office of Zoning should be contacted to confirm that your home-based business complies with all laws.
In conclusion, getting a Basic Business License is crucial if you want to open a business in D.C. and do it lawfully. All businesses, including sole proprietorships and home-based firms, are required to obtain a BBL. The procedures for acquiring a BBL vary depending on the sort of business you desire to create. You can make sure that your company is operating lawfully and prevent potential legal and financial repercussions by adhering to all requirements.
Depending on the type of business and the gross receipts of the business, several basic business licenses in DC have different costs. The annual costs range from $70 to $1,000.
In DC, the filing charge for forming an LLC is $220, and the two-year report fee is an extra $220. However, there can be extra costs for other necessary paperwork or legal counsel.