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Starting a(n) Record Label Business Licenses & Tax IDs
Hi, I'm   Do I Need An LLC To Start A Record Label Record Label
I am the owner of an Online Record Company and have a website. I contract artists who are not mainstream enough for the big companies I sell Records online.
,  .
Hi, I'm Damion Pettus What Do I Need To Start To An Independent Label Record Label
I am a Recording Artist and i have my own studio/website(s) I will record music and sell to the public I will sell music in massachusetts or/ all 50 states and to international countries from my home/office/internet
, Damion Pettus.
Record Label
✔ Biz Structure

You can choose to be a(n) Record Label :

  • Sole Proprietor,
  • LLC,
  • Corporation or
  • Partnership.
    After you decide and select your business entity, you need licensing.


✔ Biz License


La Place Business Tax Registration ( Record LabelBusiness License)
All businesses including home, online or mobile BUSINESS need a BUSINESS license because they are BUSINESSES.


✔ DBA Biz Name

A(n) Record Label business doing business under an assumed business name in St. John The Baptist Parish i.e. you are a business that uses a DBA doing business as trade name to trade that is other than the full legal (first and last -- full name) name of a sole proprietor or a name other than the LLC or Corporation business name need a(n) assumed business name certificate.   E.g. you venture into a(n) Record Label business and you give it a trade name such as "Excellence Record Label & Associates". You will need to register an assumed business name certificate.
✔ Seller Permit

In Louisiana Record Label you need a resale ID ( AKA seller's permit) if you selling touchable items.  (A.K.A state id, wholesale, resale, reseller certificate, about $39 for most states). You will need it if you sell or want to buy wholesale any Record Label related items, such as food, materials, or merchandise.
Seller's Permit

✔ Federal EIN


Note: All businesses need a federal tax ID number except sole proprietors that are not employers and are not independent contractors.
An independent contractor is a self employed business person that receives more than $600 per year from anyone of his or her clients.
IRS rule: The client must issue a 1099 form to the independent contractor and the independent contractor must have a federal tax ID. However, even sole owners may obtain a federal ID and use it as a business tax ID instead of using their own social security number as a business tax ID number.
However, all other licenses that apply to sole proprietors as discussed here are requited regardless of getting a federal tax ID number.

✔ State EIN

In addition you will need a federal and a state EIN if you will hire employees. I.e., a LA Federal Tax Id Number ($29) and a(n) LA  State Employer Tax Number  

✔ L L C

Instead of filing a fictitious business name DBA Filing (about $49 plus state and legal newspaper publication fees) in La Place, Incorporate in LA  or  form a(n) LA LLC . 

Filing a DBA is not required if you will set up an LLC or form a Corporation. If you will do business under your first and last legal name you will not need to get a fictitious business name.
Also note that even using your first and last name may not help you avoid filing a DBA if the name has a suffix such as "& sons" etc.

✔ Incorporation


If you do form an Retail Trade llc or incorporate (about $49 plus state fees for most states) your Record Label business instead of just filing a fictitious business name (dba), that insurs that you don't have personal liability for debts and civile liabililty arising from your business dealings and you will not have to record the La Place business name. In lieu of recording a St. John The Baptist Parish trade company name (our filing service fee includes trade name registration and newspaper legal publication for 4 weeks) you can also form a corporation in Louisiana or form an LA LLC (starts @ $49 plus state fee for most states & includes bylaws for the corporation and Limited Liability operating agreement for the LLC that is required to open a business bank account). .
     
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Torrance   11/26/2012 10:03 AM .
Do I Need An LLC To Start A Record Label Record Label
I am the owner of an Online Record Company and have a website. I contract artists who are not mainstream enough for the big companies I sell Records online.
 Torrance,  .
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