Sole Proprietorship Incorporation Service

Fiscal Edge simplifies the process of establishing a sole proprietorship, offering personalized support to help you launch your business efficiently. A sole proprietorship is the most straightforward business structure, providing you with full control and easy management while maintaining minimal administrative requirements. Our service ensures that you set up your sole proprietorship correctly, enabling you to focus on growing your business.

Initial Consultation

We begin with a consultation to understand your business needs and goals. This includes selecting a suitable business name and discussing any required licenses or permits.

Name Registration

If you plan to operate under a name different from your own, we assist with registering your “Doing Business As” (DBA) name. This step is essential for legally using a business name that differs from your personal name.

Obtaining Required Licenses and Permits

Depending on your business type and location, you may need specific licenses or permits to operate legally. We help identify and apply for the necessary local, state, or federal licenses to ensure compliance.

Tax Identification Number (TIN)

We guide you through applying for an Employer Identification Number (EIN) from the IRS if required. While not always necessary for sole proprietors with no employees, having an EIN can be beneficial for opening business bank accounts and handling taxes.

Business Bank Account Setup

To keep your personal and business finances separate, we assist in setting up a business bank account. This step is crucial for managing your business transactions and maintaining accurate financial records.

Compliance and Documentation

After completing the setup, we provide you with all necessary documentation and guidance on maintaining compliance with local regulations and tax requirements. We also offer advice on ongoing obligations, such as annual renewals and tax filings.

With Fiscal Edge’s sole proprietorship incorporation service, you can confidently start your business with the support of experts who handle the administrative details, allowing you to focus on your entrepreneurial success

Kickstart your USA business

LLC

The simplest way of structuring your business to protect personal assets.

Start My LLC

Corporation

Plan to issue shares, go public, or go global? Go there as a corporation.

Start My Corporation

Nonprofit

Create an organization to give back and be eligible for tax breaks.

Start My Non-Profit

Doing business as

Go by a different business name without creating a new company.

Start My DBA

Business types at a glance

How it protects youLLCCorporationNonprofitSole prop
Limited liability protection

This ensures you or other partners aren't personally on the hook for company debts and liabilities.		✔✔✔-
How it's managed and maintained
Flexible management structure

Corporations require a board of directors, annual meetings, record keeping, and more. LLCs and sole proprietorships have rules too—but they're less strict.
✔--✔
State compliance requirements

After you form, there are annual requirements to keep your business in good standing.		✔✔✔-
How it's taxed
Taxed

LLCs and corporations have multiple tax options.		✔✔-✔
Tax exempt

Nonprofits with 501(c)(3) status are exempt from federal income taxes.		--Only with 501(c)(3) status-
How it can grow
Flexibility to raise capital

Get access to funds from banks, venture capital firms, and foundations.		✔✔✔-
Able to IPO

Only corporations can sell shares on the stock market.		-C corp only--