The process of registering a company is summarized as follows:
1. Name Approval: This involves selecting and getting the business name approved
2. Decide on Structure: Will it be an S-Corporation or a Limited Liability Company (LLC)?
3. Obtain a Federal Employer Identification Number
4. Obtain Business Licenses and Tax Permits related the industry of the business.
Company registration is the process of creating a corporate personality who is enabled by law to conduct business. A corporate person or Company under the law can sue and can be sued.
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