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What are the requirements to start a new business in Oregon?

On Behalf of | Jun 5, 2020 | Business Law |

If you are getting things arranged to start your new business in Oregon, congratulations. You are already on your way to a successful investment. 

It is best not to rush ahead when doing such things. Numerous requirements need to be attended to before you can officially open and serve your first clients. Knowing about all of these requirements ahead of time can save you a lot of pain and wasted time, and handling them properly could make or break the success of your business in the long run. 

Your obligations as an employer 

The Oregon State Government  has a thorough list of everything you’ll need to know, but you can read over the essentials here. As an employer, you will need to ensure all of your employees are eligible to work in the U.S. You should also review the Americans with Disabilities Act requirements. 

You will need to know how to report your new hires to the state. Also, look over the workplace poster requirements if you plan on hanging anything up around the work area. 

Licensing and insurance requirements 

The type of licensing you will need depends on your business. For example, a bar needs to have a liquor license in order to sell alcohol. View the Oregon License Directory and see which ones you need to have. 

Final pieces 

As an employer, the two types of insurance you will need are workers’ compensation and unemployment insurance. However, your licensing and permitting board can tell you if you need another more specific kind of insurance for your business type. Once you have your tax numbers and a business name and structure, all you’ll have left is to register your business with the state.