By Jason Giesler, Law Library Intern
By moving to electronic filing systems, state and federal agencies have made it much easier to start a business. People start businesses for a variety of reasons, ranging from tax planning to limiting liability. Though the internet has made starting a business quite easy, those with questions about planning and business structure should seek the advice from an attorney before proceeding!
In order to start a business in Washington, one will first want to visit the Secretary of State Corporations page. The site includes access to electronic applications for forming all types of business entities. Fees vary depending on the type of organization that you are forming. Naming your business is important as certain words and phrases are not allowed in particular business names. For example, under RCW 23b.04.10, corporations cannot include words like bank or trust in their name. Luckily, the Secretary of State includes a search engine that allows you to check the availability of business names in the early stages of the application process. (more…)