![]() This also includes county and municipal offices. Who Issues a Business License?Īll levels of government, including the federal, state, and local government sectors, issue business licensing. For example, if you hire employees and/or sell goods, there will be additional licensing, including franchise sales tax and employer withholding tax registration requirements. In addition to first obtaining an Employer Identification Number (EIN), opening a business bank account, and obtaining applicable permits, you will also need to obtain business licensing before you actually do any business.ĭepending on the industry in which you operate, you could have several licenses to obtain before doing business. ![]() Those who just registered a new business might be excited to begin working, but even after filing the articles of incorporation or organization, you can’t start doing business right away. This license gives you permission to begin doing business in the state. Specifically, a business license is given from your local, county, or state government where you plan on doing business. There is a penalty for operating without a business license, and therefore, it is important that you first obtain the proper licensing before doing business. What Are the Consequences of Not Being Licensed? 4. ![]()
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