How To Start A North Carolina Sole Proprietorship
Starting your own business in North Carolina? That’s a significant step, and choosing your business structure should be one of your first decisions. So, what’s a business structure? In simple terms, it’s the legal form your business takes. Among these, a sole proprietorship is a popular pick in North Carolina, especially for those venturing into […]
How To Form A Corporation In North Carolina
The Corporation is a business structure that provides personal liability protection by separating the owner’s personal assets from the assets of the business. Thus, a corporation is liable for the actions and finances of the business, while the owners (known as shareholders) are not. Corporation Pros Corporations provide liability protection for the shareholders A corporation […]
How To Get A Free North Carolina EIN
Not every small business will need one, but a common registration for many businesses in North Carolina is the Employer Identification Number, otherwise known as an EIN. This number is used as a business’s identification for tax purposes and is required for various business activities, such as opening a bank account, hiring employees, and filing […]
How to File a North Carolina Annual Report
One requirement for maintaining a Limited Liability Company (LLC), Limited Liability Partnership (LLP), Limited Liability Partnership (LLLP), or corporation in North Carolina is filing an Annual Report. The Report confirms and updates the company’s information each year with the North Carolina Secretary of State. Related: How to form an LLC in North Carolina Who Needs to […]
North Carolina Business License Basics
Starting a small business in North Carolina often means registering with several federal, state, and local agencies. Let’s review common North Carolina business license registrations so your business starts off right. Related: Guide to starting a business in North Carolina Setting Up the Business Before you can apply for business licenses, you should first establish […]
Guide To Hiring Employees In North Carolina
Hiring your first employee as a new business owner is both an exciting and frightening experience. Not only do you have a person relying on you to pay them so they can provide for their family while balancing the cash flow needs of your business, but there is also a lot of paperwork and laws […]
How To Get A North Carolina Sales Tax Certificate of Exemption
When a business in North Carolina purchases inventory to resell, it can often do so without paying sales tax. In order to do so, the retailer will need to provide a North Carolina Certificate of Exemption (commonly known as a Resale Certificate) to their vendor. Learn more about how the Sales Tax Certificate of Exemption […]
How To Register For A North Carolina Sales And Use Tax Number
Most businesses starting in North Carolina selling a product or offering certain services will need to register for a North Carolina Sales and Use Tax Number. This number is also referred to as a sales tax number, seller’s permit, sales tax license, sales tax number, or sales tax registration. The Sales and Use Tax […]
Should You Use A North Carolina Registered Agent Service?
A North Carolina registered agent (also referred to as a resident agent or statutory agent in some states) is a person or company designated to be the official point of contact for a company. The purpose of a registered agent is to receive service of process (legal mail such as a summons, subpoena, or lawsuit) […]
North Carolina DBA / Assumed Business Name In 3 Easy Steps
If you’re planning to start a business in North Carolina under a specific name, you may need to register for a business name. Business name registration is commonly referred to as a North Carolina DBA or “Doing Business As,” but is officially called an Assumed Business Name. To see if you need to register for […]