Guide to Starting a Business in Washington, DC
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Choose a Business Structure and Register
- The owner and the business are the same legal entity with a sole proprietorship.
- Register your business and obtain necessary licenses from the DC Department of Consumer and Regulatory Affairs.
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Obtain an Employer Identification Number (EIN)
- Get an EIN to open a bank account, hire employees, etc.
- File a Fictitious Name Statement to legally operate under a business name.
- Limit liability with an LLC or corporation.
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Tax and Financial Considerations
- DC businesses must pay sales and use tax, with rates ranging from 4% to 10.75% based on income.
- Obtain employer identification number from DC Office of Tax and Revenue within 3-5 days to receive DC employer number.
Opportunities and Considerations in Washington, DC
- DC offers opportunities in various industries, including tourism.
- Research regulations, investigate financing, secure office space, create a business plan, and network with local businesses.
Additional Information
- We offer fast, efficient, and affordable LLC and corporation formation services for DC customers.
Starting a DC Corporation
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Choose a Business Structure and Register
- Costs vary based on services chosen.
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Tax and Financial Considerations
- DC businesses must pay sales and use tax from 4% to 10.75%.
- Obtain your EIN within 3-5 days to receive your DC employer number.
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Operational Details
- To start a corporation in DC, choose a business name, select an agent, file articles with DC Department of Consumer and Regulatory Affairs, and obtain licenses.
Register online to receive your DC employer number within 3-5 days. An EIN identifies a business for tax purposes.