How do I register my business in Indiana?

To register your Indiana LLC, you’ll need to file the Articles of Organization with the Indiana Secretary of State Business Services Division. You can apply online or by mail. Read our Form an LLC in Indiana guide for details.

How much does a business license cost in Indiana?

$25
Indiana. The most common business license is a Registered Retail Merchant Certificate, or a seller’s permit, which allows you to sell products or services in Indiana, and costs $25. Indiana is another state that does not have one all-inclusive business license.

How much does it cost to start a business in Indiana?

To file the Articles of Incorporation for a corporation in Indiana, you must file your formation documents to the Secretary of State Business Services Division online for a $95 filing fee or by mail for a $100 filing fee.

How much does it cost to register an LLC in Indiana?

The cost to start an Indiana limited liability company (LLC) is $95. This fee is paid to the Indiana Secretary of State when filing the LLC’s Articles of Organization. Use our free Form an LLC in Indiana guide to do it yourself.

Does Indiana require business license?

While the state of Indiana doesn’t require a general business license, many municipalities require a license at the county or city level. You can check with the local government where you’re running your business to see if a license is required.

Do I need a registered agent for my LLC?

No matter where you’re starting your business, if you’re forming an LLC or corporation, you’re required to have a registered agent and a registered office.

What is better LLC or sole proprietorship?

A sole proprietorship is useful for small scale, low-profit and low-risk businesses. A sole proprietorship doesn’t protect your personal assets. An LLC is the best choice for most small business owners because LLCs can protect your personal assets.

What is the simplest form of business to start?

sole proprietorship
A sole proprietorship is the easiest and simplest form of business ownership. It is owned by one person. There is no distinction between the person and the business. The owner shares in the business’s profits and losses.

How do I start an LLC in Indiana?

Starting an LLC in Indiana is Easy
  1. STEP 1: Name your Indiana LLC. Choosing a company name is the first and most important step in starting your LLC. …
  2. STEP 2: Choose a Registered Agent in Indiana. …
  3. STEP 3: File Your Indiana LLC Articles of Organization. …
  4. STEP 4: Create an Operating Agreement. …
  5. STEP 5: Get an Indiana LLC EIN.

Who can be a registered agent in Indiana?

Yes, any owner or employee of a business can be its registered agent in Indiana as long as they are over the age of 18, and have a street address in Indiana. You could also choose to elect a member of your LLC, or even a friend you trust, as long as the person meets these requirements too.

What is the significance of knowing the registered agent for a business?

Why Your Business Needs A Registered Agent

The main purpose of a registered agent is to ensure your business receives essential and time-sensitive information. If your business is sued or subpoenaed, the opposing party will send notices to the registered agent listed in your business’s public records with the state.

How do I get an EIN number in Indiana?

Indiana Tax Identification Number
  1. Register online with INBiz. Click Register Now at the bottom of the page and follow the instructions.
  2. You’ll receive your Tax Identification Number within 2-3 hours after completing the registration online. For more information, please contact the agency at (317) 233-4016.

How long does it take to get an LLC in Indiana?

How long does it take to get an LLC in Indiana? It normally takes 5-7 business days by mail and one day for online filing in Indiana. Expedited processing is also available for an additional fee.

What is the disadvantage of an LLC?

Disadvantages of creating an LLC

Cost: An LLC usually costs more to form and maintain than a sole proprietorship or general partnership. States charge an initial formation fee. Many states also impose ongoing fees, such as annual report and/or franchise tax fees.

How much does an EIN cost in Indiana?

completely free
Applying for an EIN for your Indiana LLC is completely free. The IRS doesn’t charge anything for applying for an EIN.

Does an EIN cost money?

Applying for an Employer Identification Number (EIN) is a free service offered by the Internal Revenue Service. Beware of websites on the Internet that charge for this free service.

Is a TIN and EIN the same?

This is a tax ID for businesses. It stands for “Taxpayer Identification Number,” and it is basically the same thing as an EIN. Usually, TINs are assigned to businesses that have employees.

Do I need an EIN number in Indiana?

Indiana requires your business to register with the state and get a state tax ID number if you plan on selling taxable goods and services, if you need to register for excise taxes, or if you plan on hiring employees.

How do I file an LLC tax return in Indiana?

The State of Indiana requires you to file a biennial report for your LLC. You can file the report online at the SOS website or file a form (State Form 48725) by mail. The report is due every other year in the anniversary month of your LLC’s formation.

Do I need to register with the Indiana Department of Revenue?

If you are starting a new business in Indiana, you may need to register with the Indiana Department of Revenue.

How do I get a free EIN number in Indiana?

If applying online isn’t an option, you can also complete an EIN application by mail or fax by sending Form SS-4 to the IRS fax number 855-641-6935. You can even get an EIN over the phone if the company was formed outside the U.S. by calling 267-941-1099.