Once you’ve decided on a business model, you now need to decide on a business structure such as a sole proprietorship, limited liability company, partnership or business corporation.
You should refer to our What Type of Business Should I Set Up module, where we give you an in depth look at the different structures that are available to businesses in the US.
Once you’ve made your decision you need to register your business by applying for an Employer Identification Number (EIN) through the IRS website. You can find more guidance on how to register your business in the US here.
Depending on where in the US you’re located, you may need to obtain additional permits and licences.We recommend visiting the Small Business Association (SBA) website for guidance on relevant licences and permits in your area.
Finally, you will need to fill out the necessary paperwork, file for taxes, and most likely pay a fee to your state government.