May 1, 2017

More entrepreneurs using CT online tools to form businesses

More Connecticut entrepreneurs are starting up businesses by applying online through the Secretary of the State's office, state authorities said Monday.

Secretary of the State Denise Merrill said nearly half of all applications to form new businesses in Connecticut are being submitted online.

Since the service launched in Feb. 2016, there have been more than 13,000 applications submitted online. The share of filings to form a business through the online system has increased from 899 in the second quarter of 2016 to 2,776 in the third quarter, to 3,499 in the fourth quarter and 4,011 in early 2017, she said.

The vast majority of applications are to form limited liability companies or LLCs.

"Business formations performed online are less prone to error and far more efficient for both the customer and the state," Merrill said.

The online business formation tool is available here.

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