Depending on the product or service a business offers as well as the business location, there may be additional requirements imposed. Most industries have regulations affecting their operations and the operators in those industries. In the District of Columbia, all businesses must have a license to operate (with limited exceptions). There are licenses for specific business categories, and one catch-all license for businesses who do not fit into those categories. It is extremely important to ensure compliance with these regulations and/or licensing requirements at the very beginning of the creation of a business. The penalty for failure to do so is high, and often can be significantly more expensive and time consuming than the license application itself. Licenses should be included in the business budget, and regulatory compliance should always be a kept in mind.
Navigating these processes can be complex. Click here to schedule a consultation with Clark Law to discuss how we can ensure your business is properly licensed and compliant with applicable regulations.