Business Structure
Business Structure
Business Structure
- Sole Proprietorship
- Partnership
- Limited Liability Company (LLC)
- Corporation
- Nonprofit Organization
- Cooperative (Co-op)
- Franchise
ITIN Number
Business Structure
Business Structure
An Individual Taxpayer Identification Number (ITIN) is a unique number issued by the IRS to individuals who need to file taxes in the United States but are not eligible for a Social Security Number (SSN). It is primarily used for tax reporting purposes, allowing individuals, including non-residents, to comply with U.S. tax laws. An ITIN helps the IRS track taxpayer obligations and ensures that individuals without an SSN can file tax returns, pay taxes, and receive refunds.
DBA
Patent
Patent
A DBA (Doing Business As) is a registered name that a business owner uses to operate their company, different from the legal name of the business entity. It allows a business to use a trade name for marketing, branding, or advertising purposes, without changing the legal structure of the company. Registering a DBA ensures that the business is properly identified and protects consumers by providing transparency about the business owner.
Patent
Patent
Patent
A patent is a legal right granted to an inventor, giving them exclusive control over the production, use, and sale of their invention for a set period. It protects new inventions or processes, preventing others from making, using, or selling the patented invention without permission.