Chamber of Commerce registration

Chamber of Commerce registration

Creating a Chamber is the same process as starting a business. The Chamber of Commerce registration will need to be filed with a state Corporation Commission and the Internal Revenue Service. In order to do this, you will first need to know what type of entity you are forming.

A typical Chamber of Commerce would either be an LLC or a Corporation, as opposed to a sole proprietorship so that it can multiple members. The next step for Chambers of Commerce registration will be a for-profit or non-profit organization, either is acceptable. If it is non-profit you must use a non-profit corporation and apply for 501 c3 status with the IRS. If it is a for-profit corporation or LLC you will need to register an EIN (Employer Identification Number) with the IRS.

The next thing you will want to establish is a business checking account. This will allow separate accounting for your Chamber. Getting listed in local business directories will also be important.

Another step in completing your Chamber of Commerce registration would be to become a member or get accredited with the United States Chamber of Commerce. The membership is about $250 per year and keeps you informed on Chamber related topics as well as providing a listing in their directory.

As previously stated all chambers are a little different so the approach will vary. However, like any business, the fundamentals of establishing a Chamber are the same. The biggest difference is whom will be involved and how will it be structured.