A comprehensive online business registration system, called the Vermont Business Portal, was presented to the public Tuesday morning at the Statehouse. The system aims to put the entire process of creating and running a business under one umbrella.
The system builds off a series of efforts by state agencies to digitize the creation and collection of paperwork. It will direct business owners to fill out and submit required forms for the Tax and Labor departments and the secretary of state’s office, all online.
From a link on the secretary of state’s website, users are asked to create one online identity with a name and password linked with their business. The identity is used as a common point of contact with the secretary of state’s office and the Tax and Labor departments. As a security measure, text alerts can be set up to monitor when any of the state’s information on the registered business changes.
The site lets business administrators do myriad tasks, including getting a Vermont tax ID, ending or starting a business, and filing an annual or biennial report with the state. Employees’ wages and hours can be submitted to fulfill Department of Labor requirements.
The state has seen cost savings after going online and expects that to continue, according to officials.