Companies operating in the US must adhere to a patchwork of federal, state, and local regulations designed to balance the interests of companies with those of the general public.
This article provides an overview of regulations and business information to help companies comply with regulations, including links to important federal regulatory forms, state-specific links to information and contacts related to licenses and permits, and a collection of links to important federal business regulations.
The United States Department of Labor (DOL) regulates many business activities and “compliance” in a business context often refers specifically to employer compliance with DOL regulations regarding employer / employee relationships and relationships. workplace conditions. Complying with DOL regulations requires the following regulations and laws related to:
- Wages and hours worked
- Benefits: Health, retirement and leave
- Hiring problems
- Employment Termination Issues
- Equal opportunities
- Security and health at work
- Protection for Whistleblowers and Retaliation
- Plant closures and layoffs
- Unions and Union Members
- Registry mantenance
In addition to regulation of these matters by the federal government, it is important to note the fact that states and localities may issue their own regulations on these and other matters that also require companies within their jurisdiction to continue to comply with its terms. Links to state-specific regulations and compliance information are available at the following links.
Strip Club Laws and the Regulation of Sexually Oriented Businesses
Sexually oriented businesses (SOB) such as a strip club, sexually explicit theater, adult video store, or other types of adult oriented businesses are subject to regulations beyond the typical regulations to which all businesses are subject. These regulations can significantly restrict or prohibit activities and are best considered before establishing a new business. Common regulations include:
- Zoning – Zoning laws affect many different types of businesses, but SOBs may be subject to additional restrictions that prevent the opening of an SOB near a school or church, or prohibit SOBs from designated areas such as the downtown business district. a city. Zoning laws specific to SOBs are valid as long as they are intended to minimize the negative effects of these businesses.
- Alcohol – Some local ordinances prohibit the service of alcohol in certain types of SOBs. In Las Vegas, for example, topless clubs can serve alcohol, but nude clubs cannot.
- Age Requirements – Most ordinances establish a minimum age for patrons, often 18 and older or 21 and older where alcohol is served.
- Nudity Rules – Some localities prohibit full nudity, require that the nipple or genitals be covered, or allow full nudity only if alcohol is not served.
- Contact with sponsors – Some regulations allow lap dancing, or other forms of limited contact, while others have strict distances that performers must maintain between themselves and sponsors.
- Licensing – Some jurisdictions require exotic dancers to register, maintain a valid license, and pass a background check in order to perform.
- Taxes – Texas and some other jurisdictions require that the collection of fees be remitted to the state. The Texas fee is paid into a foundation for rape victims.
Government requirements for small businesses
Small businesses often enjoy lax regulation that helps them stay competitive. This does not of course mean that small businesses do not have to meet federal, state and local government requirements. This compliance with government requirements ensures that the business qualifies for small business assistance and prevents you from being fined or penalized for doing business without proper licensing and registration.
Small businesses must register with the Internal Revenue Service to ensure that their business taxes are paid correctly and that all required withholdings are made for company employees. Apply for an Employer Identification Number by filing IRS Form SS-4 and using the EIN when filing company taxes. If the small business operates as an S corporation, file Form 2553 from IRS also to notify the IRS that you are choosing to file taxes as an S corporation.
Small businesses may require business, professional, or occupational licenses or permits from a state government. Many smaller jurisdictions also require local business licenses. Small businesses operating in industries such as public transportation, meat preparation, or the production of drugs or other pharmaceuticals may also require federal licensing or registration with federal oversight agencies.
Some small businesses need to register with state and federal securities organizations such as the Securities and Exchange Commission due to the method of their incorporation. Certain types of corporations such as C corporations and limited liability companies may have to register because they share ownership with individuals who use their property as an investment rather than being actively involved in the company. Businesses with fewer than 35 employees or limited earning capacity are often exempt from these requirements.
Federal Contractor Registration
Small businesses wishing to serve as federal contractors must register with the federal government’s Central Register of Contractors database. Before doing so, they must obtain a Dun & Bradstreet DUNS identification number. If the business operates in multiple locations, each location must have its own DUNSS number to uniquely identify it.
To qualify as a small business, a company must operate under a maximum number of employees or have an annual income under a fixed amount. These standards vary depending on the industry in which the business operates, ranging from 500 to 1,000 or more employees and from $ 750,000 to more than $ 33 million in 2010, as defined by the Small Business Administration.