Start a Business in Vermont
Starting a business in Vermont involves a few key steps. Whether you're opening a bakery in Montpelier, starting a farm in the Northeast Kingdom, or launching a tech startup in Burlington, this guide will help you take the first steps with confidence.
Step 1: Choose a Business Structure
Decide whether your business will be a sole proprietorship, LLC, partnership, or corporation. Each has different tax and liability implications.
Step 2: Register Your Business Name
Make sure your business name is available and register it with the Vermont Secretary of State.
Step 3: Get Your Federal & State IDs
Most businesses will need a Federal Employer Identification Number (EIN) and may need to register with the Vermont Department of Taxes.
Step 4: Find Required Licenses & Permits
Depending on your industry and location, you may need local, state, or federal permits.
Step 5: Open Business Accounts
Open a separate business bank account and set up your bookkeeping, invoicing, and tax systems.
Step 6: Explore Local Support
Connect with local business advisors, mentors, and development centers for help at any step.