To register a sole proprietorship, registration is not necessary but obtaining licenses from local authorities may be required depending on their rules. The registration process and requirements can differ between states, so business owners should check their state laws. When registering, forms must be filled out carefully without errors and the proper fees must be submitted, which is usually done via money order, cash or direct deposit. The registration process typically takes 30-60 days but may be extended if there are issues with the application. It is recommended to open a separate bank account for the business, but only a registered business can do so, and they can only operate a current account. At least two documents with the business name must be submitted to open a bank account.
