business registration
Business registration is the process of officially recording a business with the appropriate government authorities. This step is essential for establishing a legal identity for the business, allowing it to operate under a specific name and comply with local laws. Registration often involves submitting forms and paying fees, which can vary depending on the type of business and location.
Once registered, a business may need to obtain additional licenses or permits to operate legally. This can include tax identification numbers, business licenses, or zoning permits. Proper registration helps protect the business owner’s personal assets and ensures compliance with regulations.