Nearly a quarter of new businesses registering in Connecticut are doing so online, according to year-end data from the Secretary of the State’s office.
Since the service launched in February, there have been 8,321 applications to form a business online. Mail, fax or walk-in paper applications have totaled 26,515. The vast majority of applications are to form a limited liability companies or LLC, said Secretary of the State Denise Merrill.
The process of forming a business online takes only minutes, is more efficient for prospective entrepreneurs and is expected to yield savings on printing and labor, Merrill said.
The online system has built-in verification for third parties acting as agents for the business being formed. Certificates of good standing from local jurisdictions also can be added online for businesses registering from outside of Connecticut, she said.
