Do I Need to Register a Sole Proprietorship in Oregon?

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Establishing a Sole Proprietorship in Oregon

  • Obtain an Employer Identification Number
  • Register for Oregon State Taxes
  • Select a Business Name and Register
  • Obtain Necessary Licenses and Permits
  • Set Up Record Keeping

Sole Proprietorship Requirements in Utah

  1. Select an appropriate business name
  2. File for a unique DBA name
  3. Register for licenses and permits
  4. Open a separate business bank account
  5. Obtain an EIN Number for taxes
  6. Set up record keeping

Advantages and Disadvantages of Sole Proprietorships

A sole proprietorship has one owner. You can use your own name or create a separate "doing business as" (DBA) name. Register your DBA name locally. You also need business licenses and permits from state and local agencies to operate legally. Requirements vary by location. Check with your state and local government offices. You don’t need to file paperwork to create a sole proprietorship. You can simply start doing business under your name or registered DBA. As a sole proprietor you have unlimited personal liability for debts and obligations.

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