West Point, UT Business License Basics
If you own a business in West Point, UT you are required to have a license to operate. There are many different types of West Point business licenses and permits that are required by various government entities at federal, state and local levels. An operating license is the basic type of business license that most all businesses will be expected to have.
Each level of government has specific regulations and requirements that must be met before a business can get a license. If you don’t understand the licensing rules in Utah and follow them it could result in expensive fines and putting your business at risk.
Types of Business Licenses in West Point, UT
Federal Business Licenses – The federal government has a number of agencies that regulate and supervise business activities. If your business participates in any one of these federally regulated activities you will need to get a federal business license.
Activities that'll be required to get a federal business license include:
- Alcohol manufacturing, importing and sales
- Firearm dealing, importing and manufacturing
- Ammunition and Explosives dealing, importing and manufacturing
- Wildlife related activity
- Commercial fishing
- TV and radio broadcasting
State Business Licenses – Many West Point businesses will have to obtain some sort of state business license in order to legally operate. At the very least a business will need to get a professional or occupational license. Utah business licenses are typically used for tax purposes.
Local Business Licenses – Local West Point governments and municipalities also grant business licenses. All businesses will be required to get some type of local business license in order to operate in West Point.
Permits – Permits are more specific to a certain type of business within an industry. Permits have a wide selection of purposes from parking to product sales.
How to Get West Point Business License
The steps you will have to take to obtain a business license in West Point will vary depending on what sort of business license you have to get. It doesn't matter what type of license you are trying to get you will need to fill out application form(s) and supply detailed information about your business.
If you are starting a business or expanding your business you will have numerous forms to fill out. Be ready to supply your Employer Identification Number (EIN).
The SBA (Small Business Administration) has great online tools for helping business owners determine exactly what type of West Point business licenses they need to get, links to websites, applications and instructions. If you’re just starting a business and need assistance with licensing, the SBA is the best place to learn more.
Maintaining Your West Point Business Licenses
Once you get your West Point business licenses and permits you must still maintain them every year to keep them current. The guidelines below are recommended if you want to ensure your business license is in good standing.
- Make copies of your business licenses and permits.
- Track when licenses and permits must be renewed.
- Follow the regulations for displaying your business license.
- If you want to change or expand your business make sure to verify whether you need additional permits or business licenses.