Chat with us, powered by LiveChat Business forms assignment | WriteDemy

Choose a name for your business. If you choose to operate your business under your own name, you do not need to register the name of the business.

• Texas law governing assumed names: Texas Business & Commerce Code chapter 71: Assumed Business or Professional Name

o http://www.statutes.legis.state.tx.us/Docs/BC/htm/BC.71.htm

o Must file “DBA” unless (1) your business name contains your surname; and (2) does not contain any words suggesting other owners (e.g., Company, Co., & Company, Brothers, & Sons, & Associates)

2. Check the name to make sure it has not been taken. There can be no duplicate names, so if the name is taken, you will have to change yours.

• Go to the county clerk’s office in the county in which you are doing business and ask to search assumed names, or you can go online.

o http://www.dallascounty.org/department/countyclerk/asmdname_procedures.php

o http://www.dallascounty.org/department/countyclerk/faq-assumed.php

• You can also log onto the Texas Secretary of State website and click SOSDirect to create an account, and proceed to assumed names check – but you are not required to do so if you merely wish to file a DBA in your own county of residence.

o http://www.sos.state.tx.us/

o http://www.sos.state.tx.us/corp/sosda/index.shtml

3. File Assumed Name.  County Clerk’s office where business premise is maintained; if no business premise, then in every county where business is conducted.

• Certificate of Ownership for Unincorporated Business or Profession (Dallas County): http://www.dallascounty.org/department/countyclerk/documents/DC_AssumednameDallas2a_001.pdf

4. Determine whether your business requires a license in Texas. Note that Texas is a business-friendly state and does not require a general business license or permit. But some professions and trades do require a license. Examples include professions like doctors and lawyers, and trades like barbers, cosmetologists, air conditioning and refrigeration contractors, dieticians, midwives, polygraph operators, athletic trainers, combative sports referee (e.g., boxing).

• Texas Department of Licenses and Registration (TDLR): http://www.tdlr.texas.gov/

• Note that certain licenses and/or permits may also be required if your business has a significant environmental impact (e.g., solid waste, wastewater, medical waste, etc.). The source for information here is the Texas Commission on Environmental Quality. 

o http://tceq.state.tx.us/licensing

o http://tceq.state.tx.us/permitting/business_types(alphabetical index by business)

5. Obtain an Employer Identification Number (EIN), which is a tax ID number, from the IRS. You will use your EIN for all financial business you conduct in Texas.

• https://www.irs.gov/Businesses/Small-Businesses-&-Self-Employed/Apply-for-an-Employer-Identification-Number-(EIN)-Online

• Application requires basic information and some information about the nature of the business and how many employees. Cost is free.

• IRS Publication 15 is the IRS’ guide to federal taxation for businesses.

o https://www.irs.gov/pub/irs-pdf/p15.pdf

6. Go to your local bank and open a new bank account to use specifically for your business. You will need your newly obtained EIN.

7. If the business involves sales (of “tangible personal property”), then you must obtain a Texas Sales and Use Tax Permit. 

• Information on the sales and use tax is available at the website for the Texas Comptroller of Public Accounts.

o Frequently Asked Questions: http://comptroller.texas.gov/taxinfo/sales/questions.html

• Texas sales tax = 6.25% and localities can add up to 2% more for a maximum total of 8.25%.

o The City of Dallas does impose the maximum 2%, and the sales tax ratWritten Assignment,Applied Sciences,,

Get a Unique Answer HERE or Order a Similar Paper

Our website has a team of professional writers who can help you write any of your homework. They will write your papers from scratch. We also have a team of editors just to make sure all papers are of HIGH QUALITY & PLAGIARISM FREE. To make an Order you only need to click Ask A Question and we will direct you to our Order Page at WriteDemy. Then fill Our Order Form with all your assignment instructions. Select your deadline and pay for your paper. You will get it few hours before your set deadline.

Fill in all the assignment paper details that are required in the order form with the standard information being the page count, deadline, academic level and type of paper. It is advisable to have this information at hand so that you can quickly fill in the necessary information needed in the form for the essay writer to be immediately assigned to your writing project. Make payment for the custom essay order to enable us to assign a suitable writer to your order. Payments are made through Paypal on a secured billing page. Finally, sit back and relax.

Do you need an answer to this or any other questions?

About Writedemy

We are a professional paper writing website. If you have searched a question and bumped into our website just know you are in the right place to get help in your coursework. We offer HIGH QUALITY & PLAGIARISM FREE Papers.

How It Works

To make an Order you only need to click on “Place Order” and we will direct you to our Order Page. Fill Our Order Form with all your assignment instructions. Select your deadline and pay for your paper. You will get it few hours before your set deadline.

Are there Discounts?

All new clients are eligible for 20% off in their first Order. Our payment method is safe and secure.

Hire a tutor today CLICK HERE to make your first order