Our formation process
Last updated
Last updated
Starting a business with Dappr is designed to be a seamless and efficient process, allowing entrepreneurs to focus on their vision rather than paperwork. By simplifying what can often be a complex and time-consuming procedure, Dappr ensures that business owners can establish their companies quickly, with confidence, and in full compliance with legal requirements.
With an easy-to-follow online application and expert handling of state and federal filings, Dappr provides a comprehensive service tailored to the needs of modern entrepreneurs. Whether you are a first-time business owner or an experienced entrepreneur looking for a hassle-free formation experience, Dappr is here to make the process as smooth as possible.
The journey begins at , where users initiate the formation process by selecting their state of incorporation and providing essential business details. The guided form is designed to be intuitive and user-friendly, taking approximately 10 minutes to complete. During this process, users will enter key details such as the business name, industry classification, primary business activities, ownership structure, and whether they plan to hire employees within the first year.
Dappr also provides helpful guidance throughout this stage to ensure users understand the implications of their selections. Choosing the right state for formation can impact taxation, compliance obligations, and privacy. Some states offer advantages such as lower corporate taxes, stronger liability protection, or enhanced privacy for business owners. Dappr offers insights into which states may be the most beneficial depending on the type of business and operational needs, helping users make informed decisions.
Once the form is completed and the order is placed, Dappr takes over the administrative tasks required to formally establish the business. This involves preparing and submitting the necessary paperwork to the chosen state, handling registration fees, and ensuring that the filing complies with all relevant regulations. Additionally, Dappr applies for an Employer Identification Number (EIN) with the IRS, which is necessary for opening business bank accounts, hiring employees, and managing tax obligations.
For businesses eligible for electronic EIN applications, Dappr submits the request immediately after receiving state approval. However, in cases where a manual fax-based EIN application is required—such as for non-resident founders who lack a Social Security Number (SSN) or Individual Taxpayer Identification Number (ITIN)—the process can take additional weeks. Dappr handles all required paperwork in these cases and keeps customers informed throughout the application timeline, ensuring transparency and proactive communication.
A critical step in the formation process is securing an approved business name. If the chosen legal name is unavailable in the selected state of formation, Dappr promptly notifies the customer via email and provides alternative name suggestions based on availability. Users can either select one of the suggested names or submit a new name for validation. This step is crucial for avoiding potential delays or rejections by state authorities.
Dappr’s system ensures that businesses do not unknowingly infringe on existing trademarks or corporate registrations, reducing the risk of legal disputes down the line. Additionally, if a user prefers to operate under a different brand name, they can explore registering a Doing Business As (DBA) or trade name after formation, which Dappr can also assist with. The ability to choose a unique and compliant business name is essential for branding, marketing, and legal protections, making this step a fundamental aspect of the formation process.
Once the formation process is successfully completed, all official documents, including the state-approved formation certificate, EIN confirmation letter, and any additional business records, are securely stored in the Documents library of the customer’s Dappr account. This provides a convenient and centralized location where business owners can access critical paperwork anytime they need it.
Beyond formation, Dappr continues to support businesses by helping them maintain compliance. Certain states require annual reports, franchise tax payments, and other filings to keep the business in good standing. Dappr sends timely notifications and guidance to help customers stay ahead of deadlines and avoid penalties. By offering a secure and accessible repository of important business records, Dappr makes it easier for business owners to retrieve and manage their essential documents whenever necessary.
Formation is just the first step in launching a successful business. Dappr offers a suite of additional tools and services designed to support business owners in their journey. These include bookkeeping and accounting solutions, invoicing and payment processing, compliance monitoring, and access to registered agent services. By centralizing these resources within the Dappr platform, entrepreneurs can efficiently manage their business operations from one place.
Furthermore, Dappr provides educational content, webinars, and personalized guidance for customers looking to expand their knowledge of business management. Whether it's understanding tax obligations, navigating industry regulations, or optimizing financial strategies, Dappr equips its users with the information they need to thrive. Access to ongoing educational resources helps entrepreneurs stay ahead of industry changes and make informed decisions about their business growth strategies.
Dappr recognizes that running a business extends beyond the initial formation phase. As a result, it offers a variety of services to help businesses scale and operate smoothly. These services include payroll management, business banking solutions, compliance tracking, and tax filing assistance. By integrating these services within the Dappr ecosystem, entrepreneurs can maintain efficient financial operations and regulatory compliance with minimal effort.
Moreover, for businesses planning to expand internationally or enter new markets, Dappr provides guidance on foreign qualifications and additional registrations required for operating in multiple states. This support ensures that businesses can grow confidently without facing unexpected regulatory challenges.
Dappr simplifies business formation by handling complex legal and administrative steps on behalf of entrepreneurs. By streamlining the process and ensuring full compliance with state and federal regulations, Dappr empowers users to launch their businesses efficiently and with confidence. Whether resolving name availability issues, navigating EIN applications, or managing compliance requirements, Dappr provides the necessary support for a smooth formation experience.
Beyond incorporation, Dappr continues to offer tools and resources that help businesses grow and succeed in the long term. With access to business banking, bookkeeping, compliance tracking, and educational resources, entrepreneurs can focus on what truly matters—building and expanding their businesses. By choosing Dappr, business owners gain not just a formation service but a long-term partner in success.