All businesses must be registered with the government in order to make it legal. Illegal business ventures do not have annual tax and its employees will most likely encounter problems with health benefits or social insurance because their illegal employer cannot enter transactions with the government. It is therefore compulsory to make owners register their businesses, either through manual registration (getting an application form, filling it, then mailing the form to the business registration office address) or through online application (which makes people fill up forms online and send it via e-mail). Of the two, online transactions are processed faster. The reply for online application is also released in less time compared to having it mailed conventionally. That said, more people do register a business online.
There are obvious benefits of having a business registered. First is that business people do not have to deal with being in conflict with the law. Businesses are complicated enough for criminal liabilities to add up to the load.
Also, if business people register a business, they will know if another business entity uses the same name as theirs. This is important because having a similarly named business entity might confuse prospective clients when they come in contact with the other business with the same name. When a business person registers his business name, no other business will be able to use the same name while the original business is currently operational in the market. That way, businesses can be assured that they have the right to exclusivity of the business name.
And if it is registered, that it will be issued a social insurance number which can be used by employees when filling out government documents when availing of health benefits and employee assistance services. If a business is registered, it will be under the regulatory powers of the government and the business will be subjected to workplace safety assessment and health and sanitation evaluation.
To register it online, all that a person or the owner must do is to log on to the registration office website, download the registration application form, and fill out the application form and send it to the office’s e-mail address. It is important to remember that the owner must register his business in a state under the jurisdiction of the registration office he approached. Visa, MasterCard, and American Express are the types of credit cards accepted in paying for the business registration process.
Besides getting fast business registration results, online business registration is also a secure way of applying for government accreditation of a business. The privacy of pertinent information about the business owner such as his credit card number and e-mail address will be kept secure by the company. All transactions are kept confidential. What is more, when businessmen register a business online, satisfaction is guaranteed. All transactions with clients are given 100% assurance that the service is sufficient or else they will refund the money paid via credit card through its money-back guarantee.