EIN: If your LLC has more than one member, it ought to obtain its individual employer identification number (EIN) from the IRS—regardless of whether it has no employees. In the event you start only one-member LLC, it's essential to obtain an EIN provided that the LLC will have workers or you elect to possess it taxed as a corporation in place of

EIN: If your LLC has more than one member, it ought to obtain its individual employer identification number (EIN) through the IRS—even when it's got no workers. If you start a single-member LLC, you will need to obtain an EIN provided that the LLC will likely have staff members otherwise you elect to obtain it taxed as a company as an alternative

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Alternatively, you could possibly try to negotiate a licensing arrangement that may allow you to use the name to your business, but the first owner would retain possession. This could include spending a fee or royalty on the operator for using the name.Ensure the categories of licenses and fees your business requires to function legally in just you