How Do I Register My Business in Colorado?

Business Registration in Colorado

  • Register your business with the Colorado Secretary of State’s office by filing online.
  • The Secretary’s office sends all business reminders electronically, so it’s important to keep an active email address on file.

Business Structure and Registration Fees

  • To register a Sole Proprietorship, submit a Statement of Trade Name of an Individual with a filing fee of $20.
  • For a Partnership, the document is the same as above, with a filing fee of $25.
  • To form a Corporation, submit the Articles of Incorporation with a filing fee of $50.
  • To register a LLC in Colorado, follow steps including choosing a company name, appointing a Registered Agent, filing Articles of Organization, creating an Operating Agreement, and getting an EIN.

Business Operations and Costs in Colorado

  • Costs to start and run a business in Colorado depend on permits, licenses, and operational expenses.
  • Many businesses require a city or county license even though Colorado doesn’t require licensing for all businesses.

Business Name Registration and Requirements

  • By registering your DBA name, you create a public record allowing customers, vendors, and agencies to recognize your chosen business name.
  • Consulting an attorney or advisor is recommended to understand legal and financial obligations when operating under a DBA.

Licensing and Renewals

  • Companies in Colorado need to file an annual report, and if needed to collect sales tax, get a Retail License from the Department of Revenue.
  • Licenses renew periodically, often with small fees.

Sole Proprietorship in Colorado

  • Sole proprietorships attract small or low-risk businesses wanting simplicity, low costs, and control despite liability concerns.

Starting a Sole Proprietorship in Wyoming

  • Choose a business name, register a DBA name, obtain licenses and permits, and understand tax obligations to start a sole proprietorship in Wyoming.

Differences Between Sole Proprietorship and LLC

  • A sole proprietorship offers simplicity but comes with unlimited liability, whereas an LLC provides liability protection and separates assets.

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