Different types of licenses license#
You can file for a DBA license online or at your regional licensing offices. A DBA license comes in handy when filing tax returns besides adhering to other regulatory business requirements.Ī DBA allows your company to transact business in the company name and to operate company bank accounts. Work at home businesses is also required to procure this business license. Doing Business As (DBA) Licencesīusinesses operating under a different name from that of the sole proprietor are required by law to get a DBA license. These types of business licenses usually take up to three months to process.Īmong businesses that are required to procure a special business license are friendship clubs and dating services, tobacco retailers, antique dealers, carpet cleaning services, car dismantlers, and many others. It also attracts a separate fingerprint fee of $44. The special license costs $125 and is valid for one year. To be granted this license, a business has to undergo intense scrutiny from the regional Police Department where fingerprints of the owners are taken besides other routine investigations. Besides the general business license, such sensitive businesses must get another license before they can legally operate the special business license. This is done to avoid licensing businesses that could engage in illegal and criminal activities or businesses whose activities could imperil consumers or customers. Somewhat sensitive businesses attract intense scrutiny from the licensing authorities. Should it be located outside the city, the relevant authorities where it’s located handle the licensing matters.
It attracts a fee of $110 for every renewal term. It cannot be transferred to another business or person. Such a license could take about 45 days to be approved and needs to be renewed after every two years. This is critical since your business may be required to meet other obligations and follow regulations that don’t involve licenses and permits.īelow are eight types of business licenses you will come across.Ī general business license is required for businesses with a physical location operating within a city. An online search can easily give you this information, but you should also consider checking with your municipal government what the requirements are for a new business. The first step to getting a business license is to identify which one(s) applies to your business. In some cases, you will need multiple licenses and permit from different levels of government to be allowed to transact business. The type of license you will require depends on the nature of your business and where you are operating from. To do business anywhere in the world, you need a business license.