Business Formation in OR and WA
Business & Commercial Law
What Does It Take to Form a Business in Oregon or Washington?
What Else is Required When Forming a Business?
We recommend all companies check the Secretary of State, search the U.S. Patent and Trademark Office, and conduct basic online searches to ensure that the chosen business name does not already exist. This is to avoid any trademark issues that could lead to civil lawsuits. The Secretary of State will likely not reject an application for a business with the same name as another entity, especially if that entity is out of state. However, even out-of-state companies can pose a risk of trademark litigation.
All businesses should keep business and personal finances separate. Thus, an important first step after business formation is to apply for an employee identification number (“EIN”) with the IRS. With the EIN, most businesses should be able to open a business checking account with a local bank. Keeping your finances separate, paying for business essentials, and paying salaries properly can be tricky. An attorney specializing in business law can help figure out these key details. A good bookkeeper or accountant is also strongly recommended.
Can I Begin Working Right Away?
Keeping Current with Washington and Oregon Requirements
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