How To Start A Business In Delaware

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How to Start a Business in Delaware

Here is some important information on how to start a business in the state of Delaware.

Getting Started- The state of Delaware has a few webpages dedicated to helping you get started with your new business: http://firststeps.delaware.gov/ andhttp://dedo.delaware.gov/

-Select your business structure.

Determine what business structure you wish to have: Sole-proprietor, LLC, Partnership, Corporation, etc. –https://corp.delaware.gov/howtoform.shtml 

-Register your business name with the state of Delaware.

Find out more about business name registration by reading Step #1 here: http://firststeps.delaware.gov/get_license.shtml

If you need help choosing a business name: 12 Tips to Help Choose a Business Name

  -Register your business with the state of Delaware.

Find out more here: https://onestop.delaware.gov/osbrlpublic/Home.jsp

-Open a Business Checking Account.

You will need to open a separate bank account for your business using your new business name.

-Find out about taxes, hire an accountant.

You may want to file your own taxes if you are a small company. As you grow, it will be easier to have an accountant do the work. More information about taxes here: http://revenue.delaware.gov/services/BusServices.shtml and http://www.irs.gov/Businesses/Small-Businesses-&-Self-Employed/Starting-a-Business .

  -Consider Liability Insurance.

You may need liability insurance, depending on what type of business you are starting.

-City License

You may be required to obtain a license to operate your business in a particular locale, whether you are a resident, or not.

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