Business Setup
For start-up businesses, this service will help developers set important accounting systems in place.
Our help begins with selecting the correct business structure; that would help minimize taxes, protect the business and meet the business goals. We spend some time here because there are different types of
- Sole Proprietorships
- Partnerships
- 1 General Partnerships
- 2 Limited Partnerships
- Limited Liability Partnerships (LLPs)
- Limited Liability Company (LLC)
- Corporations
- C Corporations
- S Corporations
- In addition to the above, sometimes we may recommend a corporation within a LLC.
Decision to choose a structure is the direct result of clients financial background and goal of the business. Setting it up the wrong way could cause serious grief, causing thousands of dollars in extra taxes.
Once the structure is selected, we would help with some clerical works like:
- Register with state / Obtain articles of organization
- Obtain federal id
- If necessary, obtain Chapter S status
- Register with state for paying payroll tax
- Register with unemployment
- obtain lottery license (if necessary)
- obtain tobacco license (if necessary)
- EBT Application
Business Licenses
Whether you're a sole proprietorship or incorporated business, learn which business licenses & permits you need.
- All State Tax Registration (Certificate of Authority) Cigarette License
- MA Department of Consumer Affair Licenses: Cigarette / Electronics / Parking Lots / Street Vendor / Home Improvement / Contractors / News Stand / Side Walk Café / Stoop Line Stand.
Register with unemployment
- Minority & Women's Business Development MWBD
- Division of Housing & Community Renewal DHCR
- Environmental Protection Agency EPA
- Housing Preservation & Development HPD
- Food Stamps / WIC / EBT
- Department of Health (Food Processing)
- R.N Numbers & Federal I.D (EIN)
