Get TN TN-008-D

Choose a corporate name. File your Articles of Incorporation. Appoint a registered agent. Start a corporate records book. Prepare corporate bylaws. Appoint initial directors. Hold first Board of Directors meeting. Issue stock to shareholders.

Choose a corporate name. File your Articles of Incorporation. Appoint a registered agent. Start a corporate records book. Prepare corporate bylaws. Appoint initial directors. Hold first Board of Directors meeting. Issue stock to shareholders.

Tennessee does not recognize the federal S corporation election and does not require a state-level S corporation election. You can still have an S corporation in Tennessee. ... For state purposes, the corporation will be treated as a regular C corporation.

The filing fee is $50 per member, with a minimum fee of $300 and a maximum fee of $3000. The franchise tax is due the 15th day of the fourth month following the close of your fiscal year. It is calculated based on the LLC's net worth or real and tangible property in Tennessee. The minimum tax is $100.

To register your foreign business in Tennessee, you must file an Application for Certificate of Authority: Limited Liability Company with the SOS. ... To complete the form, you must provide more or less the same information that you need to create an LLC in your home state.

Franchise tax is figured at .25% of the net worth of corporation or the tangible property. The excise tax is 6.5% of the net taxable income made in TN.

Search for the availability of your fictitious business name if you wish to do business under a different name than your own. ... Apply for a business license in the county where you plan to do business. ... Apply for an Employer Identification Number. ... Register for Tennessee state taxes. ... Pay federal and state taxes.

Tennessee has no filing requirement to register a sole proprietorship. Instead, the entity is legally formed when a business transaction is completed.

A sole proprietorship is a one-person business that, unlike corporations and limited liability companies (LLCs), doesn't have to register with the state in order to exist. If you are the sole owner of a business, you become a sole proprietor simply by conducting business.

STEP 1 - WRITE A BUSINESS PLAN. ... STEP 2 - SELECT A BUSINESS ENTITY. ... STEP 3 - REGISTER A BUSINESS NAME. ... STEP 4 - FILE FOR AN EIN. ... STEP 5 - APPLY FOR BUSINESS LICENSES & PERMITS. ... STEP 6 - FIND FINANCING. ... STEP 7 - HIRE EMPLOYEES.

Create a business name and decide on a location for your business. File for a business license with your city or county, and get permission from your locality if you want to operate your business from home.

The filing fee is determined by the number of members upon filing of the Articles of Organization. The minimum filing fee for an LLC is $300 and the maximum is $3,000. Each member is $50.

Create a business name and decide on a location for your business. File for a business license with your city or county, and get permission from your locality if you want to operate your business from home.

As a sole proprietor you must report all business income or losses on your personal income tax return; the business itself is not taxed separately. (The IRS calls this "pass-through" taxation, because business profits pass through the business to be taxed on your personal tax return.)

Full decision-making authority. Easy to set up (No state registry necessary) Free to start (Other fees apply, but you won't pay the $1000 average cost of starting an LLC) Simple tax filing. Low tax rates. Balance sheets not required by the IRS. Full control over revenue.