QueryCAT Logo
Search 5,000,000+ questions and answers.

Frequently Asked Questions

Where do I register a sole proprietorship?

First Stop Business Center - Frequently Asked Questions
Generally, sole proprietorships are not required to register with the state. In most cases a sole proprietorship registration is handled through the county and/or city in which the primary place of business will be located. Sole proprietors are required to register with the state only if they choose to incorporate their business, establish a limited liability company or a limited partnership.

What is a sole proprietorship?

Kutztown SBDC: Small Business Development Center
A sole proprietorship is the simplest form of business organization. It has only one owner, and that owner reports all profits and losses as personal income on his or her personal income tax forms. The primary disadvantages are: unlimited personal liability for all debts and legal liabilities of the business, difficulty in raising capital, and discontinuation of the business upon the owner's death.

What happens if a corporation and a sole proprietorship have the same name?

North Texas Small Business Development Center - Frequently A...
If both parties have properly registered their names, then either the parties need to work it out and come to some agreement – or the courts will decide in a lawsuit. Working it out between the parties with compromises is a much better alternative. Issues like who was using the name first often become important in court decisions. For more information on this topic, see your local SBDC.

What is a sole proprietorship? How does it differ from acompany?

What procedures should one ful
According to the provision of article 10 of law 5 of 1998 concerning licensing in Abu Dhabi, "a proprietorship is defined to be an establishment solely owned by a single person. Such proprietorships are only licensed in favor of UAE national natural persons in accordance with the terms specified in the law".

What's the difference between a trade name (sole proprietorship) and a corporation?

Corporate Registrations and Searches FAQs - Association of A...
Trade names are business names registered to an individual or a corporation. You must register a trade name through an authorized service provider if you or your business: uses his own name with the addition of "and company" or some other word or phrase indicating a plurality of members in the firm.

If I will be the sole beneficiary of profits in a sole proprietorship, why shouldn't I set it up?

Zhang - U.S. Immigration & Counseling Home
Though you will be the only one receiving the profits, you will also be personally responsible for any debts your business incurs. Moreover, there are some risks for your investment or opportunity costs as well.

Do I need to file any papers to become set up a sole proprietorship?

Zhang - U.S. Immigration & Counseling Home
No. One of the major advantages of a sole proprietorship is that there are no forms or papers to file, once you begin your business, you have set up a sole proprietorship. However, you may need to obtain licenses and permits for the type of work you will be doing.

Q : Can a sole proprietorship or a partnership apply for shares?

MIH - Malaysian Issuing House Sdn Bhd
A : No. A sole proprietorship or partnership which are unincorporated cannot apply for shares. The sole proprietor or any of the partners will have to apply as individuals on behalf of their businesses.

Should I register a sole proprietorship or partnership? Or Should I incorporate my business?

Welcome to SBEC Small Business Enterprise Centre
There are three major types of business ownership in Ontario; Sole Proprietorship, General Partnership and Incorporation. Each one is unique in certain ways, and each offers different benefits. You may find it beneficial to discuss these options with your accountant and lawyer. To learn more about forms of ownership please visit the business registration section under the resources tab.

What are the advantages of corporations and LLCs over a sole proprietorship or partnership?

Generally corporations and LLCs offer certain liability protection, tax advantages, and business flexibility that sole proprietorships and partnerships may not have. To read more about corporations and LLCs, please visit our law library for those specific topics. The most significant use of a DBA is the ability for a sole proprietorship to open a business bank account and collect money using a name other than its legal name.

If I am operating a sole proprietorship under my personal name, do I need to file a DBA?

No. DBA filings are only required when you are operating a sole proprietorship or partnership under a name other than your personal legal name. For example, if your name is John Smith and you are operating or desire to operate a sole proprietorship as "John Smith Plumbing Services," or a partnership as "Smith & Associates Plumbing," then you would not need to file a DBA to conduct business under that name.

I want to begin a Sole Proprietorship or General Partnership. What do I need to do?

Colorado Secretary of State
The trade name of a sole proprietorship or a general partnership can be registered by filing a statement of trade name with the Secretary of State's Office. Filing a statement of trade name creates a record of a sole proprietorship or a general partnership. Information regarding starting a business can be found in the Publications and the Helpful Links available under the GENERAL INFORMATION column in the Business Center of the Secretary of State Web site.

Do I need a half-sole or a full-sole?

Marmot Resole FAQ's
In order to preserve the original construction of your shoe, we generally replace rubber only where it is worn. Climbing shoes wear predominantly in the front, so a half-sole is usually sufficient. If the heel is worn, we will repair the heel rand and replace the full sole.

Is my daily sole intake dependent on my body weight?

Himalayan Living Salt Frequently Asked Questions
The recommended one teaspoon of sole solution per day is a general guideline for adults which can be adjusted a bit according to ones own feeling. It’s not a question of “more is better,” but rather the intake of the frequency pattern of the sole that is important. One drop of the sole would be sufficient. With the teaspoon, you will also cover all the necessary minerals and trace elements. For children, a few drops are sufficient.

Can one person be the sole director and officer of a nonprofit corporation?

Nonprofit FAQs
The Texas Non-Profit Corporation Act and the Texas Business Organizations Code require a nonprofit corporation to have at least three directors, one president, and one secretary. The same person cannot be both the president and secretary. Officers and directors must be natural persons.
More Questions >>

© Copyright 2007-2012 QueryCAT
About • Webmasters • Contact