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That is true. A business or registered business becomes an entity of its own that can be represented in a court of law by a lawyer if sued or if it sues any oneWhen establishing a businessone must put the registration of the business into considerations but in the concepts in accounting a by should be seen as a legal entity on it own, so here you must register with the corporate affairs commission for your business to become a legal person.
the best government department you need to go when starting a new business or a new company to register the name of the business and make it an established business is the corporate affair commission these people give you licence to start up your business.Which country are you from? That is dependent on the country you're from to know what their law says requiring set up a new business or company.
Registration of your business with the government is absolutely necessary and sometimes this is just the only way you can get yourself free from trouble by the government, it is the best thing to do.Personally, I don't really like to have the government give me any sort of issues with my business simply because it's not registered, so I make sure to do it immediately.
In my opinion, you need to visit the government tax departments, other departments like CAC (they're the umbrella that registers business in my country) - other revenue departments and I think you're good to go
In developing countries a lot of business are being run without necessary permits example of these is barbing and restaurant.
There was a time last year when they offered a free registration appeal for a lot of people who wants to have their business is registered with some of my friends took that opportunity and have their business registered.In Nigeria as country, the agency you have to register your business or company with before starting your business is corporate Affairs commission (CAC)
Starting a new business sure is a massive task. Especially because the nascent stage involves the most significant parameters that help entrepreneurs and proprietors in determining and mapping the nature and functionalities of their business. It is in this phase that, all the paramount decisions related to business resources are made, registrations are done and certain intellectual properties are patented and copyrighted.
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