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In the state of Missouri, there is no statewide business license required, however, you will find many towns and cities that require a local business license. In some areas, all businesses (including home-based businesses) will need to register, while others only require certain types of businesses to register.
Most new businesses currently pay a 2.376% tax rate. New nonprofit businesses pay a 1% tax rate. If your business is an experienced business, your tax rate could range from 0% to 9%.
Good news, Missouri doesnt require a general business license at the state-level for Sole Proprietors. So theres nothing to do for this step. However, depending on your industry, and where youre doing business, you may need an industry-specific license or a license issued by your municipality (ex: county or city).
If I am a Limited Liability Company (LLC), how do I file? LLCs shall be classified consistent with Federal income tax purposes. If for federal purpose you are treated as a corporation and file a Federal Form 1120PDF Document then you will be treated as a corporation with Missouri and would file a Form MO-1120.
Good news, Missouri doesnt require a general business license at the state-level for Sole Proprietors. So theres nothing to do for this step. However, depending on your industry, and where youre doing business, you may need an industry-specific license or a license issued by your municipality (ex: county or city).
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Missouri corporations are subject to Missouris corporation income tax at a flat rate of 6.25% of taxable income.
Generally no income tax is paid by the LLC. For a limited liability company that is taxed as a partnership, each of the members share total responsibility and liability for the debts and obligations of the partnership.
Taxpayers are required to have a Missouri retail sales license prior to making sales. A bond must accompany the application.
Lets get started with your first six steps: Decide on your business structure. Register with the Missouri Secretary of State. Obtain an Employer Identification Number (EIN) Register for Missouri business taxes. File paperwork to hire employees. Check for city and county licenses and permits, and obtain industry licenses.
These profiles define small businesses as firms with fewer than 500 employees.

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