- Registering Business Name
- Business License & Tax Registration
- Obtaining Permits
Starting a business in New Jersey requires a thorough understanding of the legal requirements. It is essential to register your business with the New Jersey Division of Revenue and Enterprise Services. This process involves selecting a business structure, such as a sole proprietorship, partnership, or corporation, and obtaining the necessary permits and licenses.
Choosing the Right Business Structure in NJ
- Sole Proprietorship
New Jersey offers business owners a good corporate business tax rate and a large workforce to choose from but does feature some of the highest costs of doing business in the region.
- Have a detailed business plan
- Understand long-term goals
- Seek legal advice for compliance
Starting a business in New Jersey can be an exciting and rewarding experience, but it’s important to choose the right legal structure for your company.
How much does it cost to incorporate in New Jersey?
The state filing fee for New Jersey incorporation is $125.00. All companies doing business in New Jersey need to register with the State. Connecting with an accountant or attorney that specializes in corporations can also help you stay on track with filings.
From registering a business to seeking funding and applying for grants, this guide has everything you need to start a business in New Jersey.