Questions to Include in a Business Registration Form

What should you include in your business registration form? Depending on the type of business you have, this document can be long, comprehensive, or straightforward.

Regardless of the state in which you register your business, there are some universal questions that any form will ask you to answer.

For example, most forms will require that you describe your business model and explain how it works.

You may also be asked to supply information about what types of products or services you offer as well as details about your management team.

This guide will discuss what you should include in your business registration form.

Business Name

Make sure your business name is easy to spell, pronounce and remember.

An excellent place to start is to check out some of your competitors and see how they’re branding themselves—but don’t copy their name; originality trumps them all! Do some Google searches for variations on your names and ensures no one else has already claimed it as theirs.

Trading Address

First and foremost, make sure your address is correct. You’ll have to send tax forms to your local municipality.

Secondly, determine whether or not you plan on registering your business name with a state agency (and if so, which one).

This may require additional information on your part.

For example, in some states, some information must be certified by an official from another government entity such as the Chamber of Commerce before being filed with that state’s secretary of state or other agency responsible for registering businesses within that state.

Kind of Business (e.g., Retail, Services, Education, etc.)

What type of business are you starting, and why will it work where others have failed? Is there a demand for your product or service?

If not, what makes you think your idea will succeed where other similar businesses have failed.

Be specific about why people buy from your brand or hire your services instead of someone else.

Make sure to explain what makes your product or service unique and better than anything else out there.

This may seem obvious, but it’s essential to show that customers prefer buying from you over anyone else. Providing proof of market research or customer surveys can be helpful here.

Business Type ( Sole Proprietorship, Partnership, Corporation, etc.)

Registering your business as an LLC is recommended because it protects you from legal liability and can save on taxes.

Depending on where you live, it can be less expensive to register your company as an LLC than as a corporation. However, some industries or types of businesses are better suited for incorporation.

For example, if it’s not feasible to limit personal liability for unpaid debts through adequate insurance or other means, then forming a corporation would be your best option.

If you’re not sure what type of entity is right for your situation (or don’t know what type of entity to register), we can help.

Territory Designation (whole country, city/municipality, municipal district, area within municipal district only, etc.)

Make sure to identify your proposed capital for starting your business. A general rule of thumb is to start small. Startup capital may vary depending on what kind of firm you have chosen to operate.

Authorized Capital Amount

This is where you need to think about how much money and time you want to put into your new venture. Most businesses start on a shoestring budget but eventually require more capital as they grow.

If your new business costs $200,000 in startup costs and another $500,000 annually to operate, don’t register for less than $1 million, or it won’t be worth doing it. You can always add authorized capital later if necessary.

Registered Capital Amount

Generally, startups operate under limited or small capital. In such cases, it’s not necessary to fill out their registered capital.

However, if they want to receive government funds and loans or be listed on stock exchanges in the future, they will need a registered capital amount.

Startups that are listed on stock exchanges also need money for their operation.

Free Business Registration Form Template

You can use our ready-made business registration form template to get started. And if you want to build an online form from scratch, sign up with our free online form builder today.