How to Start a Business in Vermont (Step by Step Guide)

Starting Business in VermontAre you thinking about starting your own business in Vermont? If so, then you have come to the right place!

On this page, you can find step by step DIY instructions on how to incorporate your business in Vermont. From selecting the business entity type to forms to be filled, we have covered it all.

Let’s get Started

The first step in setting up your business is to select the business structure.

Broadly there are 4 types of business entities that can be registered:

  1. Limited Liability Company (Most Popular)
  2. Corporation
  3. Sole Proprietorship
  4. Partnership

Each business structure differs on the basis of taxation, asset liability and estate planning. We have written a detailed tutorial on how to choose a business entity type for your business here.

Below we have given a broad outline of the steps involved in registering an LLC or Corporation in Vermont.

Clicking on each step, opens up a detailed guide on how to complete it.

How to Start an LLC in Vermont

Agency ResponsibleVermont Secretary of State – Corporations & Business Services
Form(s) to be filledArticles of Organization
ModeMail or Direct in-person
Name ReservationOptional, Fee $20 (Online)
Filing Fee$125
Time1 week
LawVermont Statutes §§ 3021-3032


Summary:

  1. Search for business name availability
  2. File for Business name reservation (Optional)
  3. Select a Registered Agent
  4. Fill Articles of Organization (Form LLD-1)
  5. Create an Operating Agreement
  6. Get an EIN Number (IRS Form SS-4)
  7. Obtain relevant license and permits
  8. Apply for Vermont Tax ID
  9. (Ongoing) File annual report

How to Start a Corporation in Vermont

Agency ResponsibleVermont Secretary of State – Corporations & Business Services
Form(s) to be filledArticles of Incorporation (Form T.11A)
ModeMail, Online or Direct in-person
Name ReservationOptional, Fee $20 (Online)
Filing Fee$125
Time1 week
Law11 V.S.A. § 816

Summary:

  1. Search for a Business Name
  2. File for Business Name Reservation (Optional)
  3. Select Registered Agent
  4. Fill Articles of Incorporation (Form T.11A)
  5. Create Corporate Bylaws
  6. Get an EIN Number
  7. Obtain relevant license and permits
  8. Apply for Vermont Tax ID
  9. (Ongoing) File annual report



References:
https://law.justia.com/codes/vermont/2015/title-11/chapter-25/
https://legislature.vermont.gov/statutes/chapter/11A/020

Last fact-checked on 25/07/2018