Establishing a Small Business in Washington State
The Small Business Liaison Team consists of representatives from 27 agencies. Our mission is to make it easier to do business in Washington state. Contact the Department of Labor & Industries for requirements to hire minors under 16. Apply for a permit to hire a minor under 18.
The cost to start a Washington LLC online is $200. This fee is paid to the Secretary of State when filing the Certificate of Formation. In 2020, applications for new small businesses reached an all-time high. Small businesses employ over 60 million people in the US, making up almost half the workforce.
Consult a tax professional to ensure compliance. Financing is critical for establishment and growth. Its structure includes business and occupation tax, sales and use taxes, property taxes, and industry-specific taxes. Washington has no personal or business income tax.
The place is favorable for entrepreneurs with diverse work opportunities. Get required licenses and permits. Have a solid business plan before spending money and time. Obtain workers’ compensation insurance and register with the Department of Revenue to pay taxes.
File paperwork and pay fees to form an LLC. An LLC combines limited liability protection with management and tax flexibility. Over 650,000 small businesses employ 1.4 million people. There are resources in Washington to support small businesses. Understand tax obligations based on business structure.
Obtain a Unified Business Identifier (UBI) number to operate in the state.
Starting a Home-Based Business in Montana
Can you run a small business from home in Montana? To start a home-based business in Montana, first assess your skills and interests. Then, register through the online business portal, as the Secretary of State accepts online forms only. Comply with zoning and licensing rules. Apply for funding, as the tax climate is business-friendly.
Montana is ideal for entrepreneurs. The educated workforce, research facilities, and infrastructure help businesses thrive. Montana is excellent to start or grow a business.