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Before you open your business, determine which of the numerous local, state and federal regulations apply to you. Avoid the temptation to ignore regulatory details. Doing so may save time in the short term, but could become an obstacle as your business grows.
Starting your new Murray business
Below is a list of the most common requirements that affect small / new businesses. The list is by no means exhaustive, as regulations vary by industry. Consult the list below for a solid start to meeting your regulatory requirements, and then carefully investigate the additional regulations that affect your industry.
Business OrganizationThere are many forms of legal structure you may choose for your business. The most common structures are Sole Proprietorships, General and Limited Partnerships, C and S Corporations, and Limited Liability Companies. Each legal structure offers organizational options, which are appropriate for different personal situations, and which affect tax and liability issues. We suggest you research each legal structure thoroughly, and consult a tax accountant and/or attorney prior to making your decision.
Murray Business Name Businesses that use a name other than the owner's must register the fictitious name with the county as required by the Trade Name Registration Act. Check for the appropriate name of the Trade Name Registration Act in your area. This does not apply to corporations doing business under their corporate name or to those practicing any profession under a partnership name.
Trademarks Trademarks are names or symbols used in any commerce that is subject to regulation by state government or the U.S. Congress.
Starting a business in Murray
The state known as Utah began when Brigham Young led a group of Mormon pilgrims seeking freedom from religious persecution into the Great Salt Lake Valley, where they established a settlement in 1847. The state gets its name from the Ute, an Indian tribe who lived there before the pioneers arrived. The golden spike completing the first transcontinental railroad line was driven at Promontory, Utah, in 1869, leading to a further influx of settlers. Utah was admitted as the 45th state in 1896. The capital, Salt Lake City, is also the world headquarters for the Church of Jesus Christ of Latter Day Saints, and Mormons make up 70 percent of the population. The sego lily is the state flower of the "Beehive State."
Incorporation
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New companies |
Corporate Kit |
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