Do I need to incorporate, form an LLC, or obtain some other form of business license?

I recently purchased the licenses to 6 online stores, fully equipped with credit card processors, shopping carts, and merchant accounts. I have already found a product I wish to sell using the first of my 6 websites. However, the distributor needs an EIN before I enter into business with them. What all do I need to get to conduct business legally from my home over the internet? I will be particpating mostly in dropshipping and I am located in Michigan. Is it necessary to form a business and register a DBA?

Do I need to incorporate, form an LLC, or obtain some other form of business license?
to form an LLC you have to file a certificate of formation with the secretary of state in the state in which your business is located. it sounds like it would be a lot simpler for you to file a dba certificate with your county clerk and register as a sole proprietership, but remember that you would be personally liable for all business debts your company incurs. for more information on this check this website out: http://www.inc.com/articles/2003/09/lega... just know that if you register as a sole proprietership and you don't hire any employees then you will not have to apply for an ein, and you will just use your social security number instead.
Reply:your ein can be done over the phoe with the irs. it will take 10 minutes or so.


necessary? only if your business in in a name that can't be readily attributed to you AND you intend to open a business bank account.


I would for your protection.





good luck