Are joint ventures subject to licensing?

Joint ventures are subject to licensing in Washington, depending on the type of business and the purpose of the venture. If a joint venture is formed to engage in a business which requires a state license, either a business license or a professional license, then the venture must comply with applicable licensing requirements. For example, if the venture is involved in providing professional services such as legal advice or accounting, the venture must obtain the appropriate professional license from the state. In addition, if the venture involves the sale of goods or services, or the provision of other services, then a business license may be required. Furthermore, if the venture is located in a municipality that enforces local licensing requirements, then a local business license may be required. It is important to check with local authorities about any additional licensing requirements that may apply to joint ventures.

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