What is needed to start a business in North Carolina?

You'll need to decide on a business structure (i.e., LLC, corporation, sole proprietorship) and submit it with the North Carolina Secretary of State before you can begin business in North Carolina. You'll want a legitimate business name that complies with state naming laws and, if you're establishing an LLC or corporation, submit the proper formation papers online.

Next, you will have to apply for an Employer Identification Number (EIN) with the IRS and register for any necessary state taxes with the North Carolina Department of Revenue. Other local business licenses or permits may be required based on your business type and location.

Staying compliant may include filing annual reports, paying state fees, and keeping records of business activities.

For professional help in setup, licensing, and compliance, businesses often turn to veteran service providers like One IBC USA.