Table of Contents
What qualifies as a small business in Washington State?
(3) “Small business” means any business entity, including a sole proprietorship, corporation, partnership, or other legal entity, that is owned and operated independently from all other businesses, and that has fifty or fewer employees.
Does my LLC need a business license in Washington state?
If you have an LLC in Washington, but are doing business out of state (and not doing business in Washington), your LLC will need a State Business License, but it won’t need a City Business License. You’ll list your LLC’s out-of-state physical address during the Business License Application.
Do Sole proprietors need a business license in WA?
Your business may need to obtain business licenses or professional licenses depending on its business activities. Washington provides a comprehensive website of every profession and occupation that requires a license by any sole proprietorship.
How do I register my small business in Washington State?
Step-by-step guide to starting a business in Washington
- File your formation document with the Secretary of State.
- Wait for processing and your UBI number.
- Submit your master Business License Application.
- Apply for other licenses and permits.
- File your Initial Report.
- Obtain a Federal Tax ID Number (EIN).
How much does it cost to start a sole proprietorship in Washington state?
The filing fee is $20, which is a processing fee of $15, plus $5 to register a trade name. If you filed formation papers with the Secretary of State, write the Unified Business Identifier (UBI) number that was given to you on your Business License Application.
How much does a WA state business license cost?
Virtually all businesses in Washington need to obtain a Washington state business license. To get your license, all you have to do is complete the Washington state Business License Application and pay a $19 fee. You can apply online or by mail.
How much does it cost to start an LLC in Washington state?
How much does it cost to form an LLC in Washington? The Washington Secretary of State charges a $180 fee to file the Certificate of Formation mail and $200 if filed online. You can file an LLC name reservation for $30. You can pay an additional $50 for expedited processing.
What taxes does a sole proprietor pay in Washington State?
Washington State does not have a personal or business income tax. Instead, its tax structure includes the Business & Occupation Tax, sales and use taxes, property taxes, and a variety of industry-specific taxes. The Washington Department of Revenue (DOR) administers over 60 different taxes.
How long does it take to get a Washington State business license?
The business license application will take approximately 10 business days to process. If you have city or state endorsements, it may take an additional 2-3 weeks to receive your business license due to approval time.
Do you need a bond to open a business in Washington State?
If you place business with a company that hasn’t appointed your license, you’ll need to make sure you have a bond in place before you do. See RCW 48.17.250 (1) (leg.wa.gov). Non-resident producer or surplus line broker licensees are not required to have a bond.
How to get a business license in Washington State?
File a Washington State Business License with the Business Licensing Service using your UBI number through the myDOR system: https://dor.wa.gov/manage-business/my-dor-help/business-licensing/apply-new-business-license to set up your business tax account.
How much do bonds cost in Washington State?
The amount does not change with additional affiliates. A bond in favor of the people of the state of Washington for a minimum of $2,500 or 5% of the premiums brokered in the previous calendar year, or a maximum of $100,000.
Where can I find Washington State Small Business Guide?
The Small Business Guide is available in English, Spanish , Russian , Korean, Vietnamese, and Chinese. The Business Guide includes sections that will help you plan, run, grow, or close a business in Washington State. Our Information Center is available Monday through Friday, 8 a.m. through 5 p.m.