If you have decided to start a business in PA, congratulations! Pennsylvania is an exciting state with plenty of opportunities. Before you can get your business going, however, you will need to obtain a business license.
What Is a PA Business License?
In this case, by a PA business license, we mean proof that you have registered your business in Pennsylvania and are doing business with the knowledge of the state — who may need this information for the public record or tax purposes. You may actually require a number of different licenses in PA to operate, depending upon what type of business you are intending to run.
How Much Does It Cost to Get a Business License in PA?
The registration fees you will need to pay to obtain a Pennsylvania business license vary according to the type of business you hope to start. However, the rules are the same throughout the state, so if you get a business license in Philadelphia, you will not need a separate license to operate in Pittsburgh, for example.
The cost for registering a sole proprietorship or general partnership comes out to around $270 plus whatever fees come with additional licenses you may need as determined by the PA-100 (see below). This breaks down to $70 to register your fictitious name and around $200 to legally publish it. For a limited liability company or corporation, you only need to pay a $125 formation or incorporation fee (plus any additional PA-100 fees).
How Do You Obtain a Business License?
Each state has different rules and regulations when it comes to getting a business license, so you will need to follow the rules for that specific state to receive your license.
How Do I Get a Small Business License in PA?
The steps for registering your business so you can obtain a small business license in PA are as follows:
1. Make sure your business name is available.
2. If you are offering a professional service, make sure you are currently licensed to provide that service.
3. Apply for and get a nine-digit Federal Employer Identification Number (FEIN). This is required for tax purposes and to identify your business to government agencies.
4. Register your business structure with the state — e.g. LLC, corporation or general partnership.
5. Register your fictitious name. If you are operating under a name that is different from your own name or the legally registered name of the company with the state, you will need to indicate this.
6. Fill out the PA-100. The PA-100, or the PA Online Business Entity Registration, is a form that will help you figure out what additional taxes, licenses and fees may be required for your particular business.
What Do I Do Now?
Once you have received your PA business license verification, you are ready to move forward with your business in Pennsylvania. But how? If you’re ready to see your great idea become a full-fledged business in Pennsylvania, Coachfirm can help. With our experienced business coaching and consulting services, we can help you get on the right track from the start. Contact us now!