Access the
Connecticut Department of Consumer Protection
here.
The Connecticut Department of Consumer Protection is a state agency responsible for ensuring the protection of consumers in various industries such as retail, financial services, and healthcare. They enforce state laws and regulations to promote fair and honest business practices and provide resources for consumers to make informed decisions.
In today’s dynamic business environment, one of the critical aspects founders, HR heads, and financial officers need to stay on top of is federal tax classification. This classification not only determines how your business will operate, but also how it will be taxed.
As businesses expand and take on employees from different states or even countries, understanding this classification becomes paramount to ensure compliance. With the landscape of remote work growing, businesses, especially those operating in the U.S., must stay informed to maintain efficiency and ensure they’re meeting all regulatory requirements.
Starting a limited liability company (LLC) unlocks exciting possibilities for your business. You gain the protection of limited liability — shielding your personal assets from business debts and lawsuits.
Plus, you have the flexibility to choose how your LLC is managed and taxed. However, with these exciting advantages come essential responsibilities. LLCs, like any business structure, need to play by the rules.
As an entrepreneur, it’s easy to get caught up in the thrill of innovation, product development, and marketing — but none of these can happen without the foundational step of business registration.
In this guide, we’ll cover how to register a business, why it’s important, and what advantages it offers.
Why Do You Need To Register Your Business? Understanding how to register a business is essential for overall business compliance. Operating a new business without proper registration is not only frowned upon, but can be illegal in many jurisdictions — small businesses especially can face non-compliance penalties (such as hefty fines).
Alex Kehayias |Dec 17, 2023
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