Latest comprehensive news on U.S. investment immigration from Worldway: Opening a restaurant in the United States is similar in nature to starting any other company, but because it involves the food and beverage industry, there are some specific detailed requirements. Worldway U.S. immigration experts will provide a detailed analysis of the process for opening a restaurant in the United States.
1.Registering the Restaurant Name
The first step is to file for a Fictitious Name (Fictitious Name Filing). Both sole proprietorships and partnerships must register their restaurant's trade name (DBA, Doing Business As) with the local county or city government. The registration process is simple; you only need to go to the local County Clerk's office to fill out a registration form, provide the restaurant's trade name and the owner's personal information, and pay a registration fee (the fee ranges from $10 to $100).
2.Choosing a Business Entity for Registration
Before opening a restaurant, you must first choose the type of business entity under which to register the restaurant. Generally, business entities are divided into three categories: Sole Proprietorship, Partnership, and Corporation.
Currently, there are over 20,000 Chinese restaurants in the United States, 80% of which operate as sole proprietorships.
3.Opening a Restaurant Account
After completing the formal company registration process, the restaurant owner can negotiate leases, open bank accounts, and handle various procedures in the company's name. All expenses incurred during the preparation for opening can be paid through the restaurant's account, which facilitates bookkeeping and settlement in the future.
Of course, in addition to banks, there are other types of companies that provide various credit card processing and account services.
4.Applying for Licenses and Permits
To comply with local government regulations, the vast majority of cities or counties require restaurant owners to apply for various licenses and permits. The most common licenses include: Business License, The Seller's Permit, Health-Department Permit, and Sign Permit.
In addition, some restaurants also need to apply for Liquor, Wine & Beer Licenses and a Fire-Department Permit.
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