|On Wednesday, November 6, 2019 7:56:43 AM there was a question about What Licenses Do I Need 21813 . The Catering business category and Crab Catering For Private Events type, has 1 employees and located in Bishopville Worcester County , MD 21813 and a business like market projection is a target fot the company as. deTaratch Crab ConnectionCo This company name as well as any other business name must be filed with the clerk as a trade name registration and that requires a filing fee to be registered. A trade registration is requred but if the owner wants to use the business name exclusively he or she cannot because anyone else can also file the same trade name. Nor does the trade name registration protects the owner from personal legal or financial liability as forming a limited liability company (DBA) . It is perhaps a better choice to just incorporate for the same or a little higher fee because you will also have corporate protection for the business name and personal vs business liabilities. E.g. if your business has debts the lender can sue you personally to obtain a judgment vs your personal assets as opposed in the case you were a DBA where the lender could only sue the DBA directly and if the limited liability company (DBA) had no assets the lender could get nothing. Note that once you incorporate no one can register the limited liability company (DBA) name at the state level. .|
Q: What if I am a very small company? Do I need a limited liability company (DBA)?
A: You do not need an DBA. However
Q: Does an DBA without employees need a tax ID number?
A: An DBA without employees may not need a tax ID number but an DBA with more than one owner does need one. In addition if the DBA is engaged in selling taxable items such as clothing it will need a sales state tax ID number in addition to any other tax ID.
Q: What if I an an out of state business? Do I still need to register and obtain a limited liability company (DBA)?
A: Unless you have a location in the state you sell it is not required to form an DBA there.
Q: When do I have to change my limited liability company (DBA)?
A: You may have to get a new tax ID number if your status as a business changes. For example if you change from sole owner to a partnership or from DBA to DBA as well as when you buy a new business you need to get a new tax ID under your business name or individual name.
Q: Do I need to obtain a federal or state tax ID number before forming a limited liability company (DBA) or getting other DBAs?
Q: What are the benefits of havin a DUNS number?
A: You can use it to your benefit by providing favorable business information to make it more likely to get a loan from a lender bank.
Q: Do I need to pay sales tax to the state as an DBA?
A: Paying sales tax depends on your state. For example in Oregon you dont need to pay sales tax but you still need a resale certificate to buy from other states wholesale products. Checklist: Starting a(n) Business DBAs, Tax Ids form DBA, InDBA, Partnership or Sole Proprietorship
All Crab Catering For Private Events Businesses, (Home, eBay, Online, included) Need a Bishopville Business Tax Registration DBA
All Crab Catering For Private Events Businesses that use a trade business name, need & a Worcester County Assumed Business Name Registration
Retailers / Wholesalers, Need a MD Sales Tax ID Number (A.K.A state id, wholesale, resale, reseller certificate).
Employers Need a Federal Tax Id Number and a(n) MD State Employer Tax ID Number
Instead of filing a fictitious business name in DBA, Get Incorporated in MD or create a MD DBA