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Though no action is required to legally create a sole proprietorship, you should follow four simple steps to start your business: Choose a business name. File a Trade Name Certificate with the town clerk. Apply for licenses, permits, and zoning clearance.
A sole proprietorship is easy to establish. You don't need to take any legal steps to form this type of business. If you are the only owner and begin conducting business, you automatically become a sole proprietorship.
How do you get a public health permit/license? Fill out the application from your local public health department, prepare your facility for inspection, and review all food safety requirements. Once you've passed inspection, you can obtain your public health permit.
Connecticut Dealer License Application Forms Certificate of Proposed Location Approval. ... Site Drawing (K-93) ... Fingerprint Background Check. ... Trade Name Certificate (If Applicable) ... Driver's License and Personal Information. ... Vehicle Storage Rates (Form K-89) ... Tax Registration and Sales Permit. ... Certificate of Insurance.
But as a sole proprietor, you must pay income, Medicare and Social Security taxes directly to the IRS yourself. You are expected to make an estimated tax payment each quarter. You can do this online or you can mail a check and paper voucher. There are penalties for failing to make quarterly tax payments.
Although Connecticut doesn't have a general business license requirement, you do have to register with the Department of Revenue and get a Connecticut State Tax Identification Number. This state tax ID is required to do business in the state, and is different from your LLC's federal EIN number.
Differences between LLC and sole proprietorship The most significant difference is whether you have limited liability for the business' debts and obligations, as with an LLC, or whether the business' liabilities and obligations fall to you personally in the event of a lawsuit or debt collection.
Although Connecticut doesn't have a general business license requirement, you do have to register with the Department of Revenue and get a Connecticut State Tax Identification Number. This state tax ID is required to do business in the state, and is different from your LLC's federal EIN number.