What are the requirements and regulations for online business activities?

Online business activities are subject to the same requirements and regulations as regular business activities in Maryland. Businesses that sell goods or services over the internet are required to obtain a business license and register as a corporation, limited liability company, or any other type of legal entity. Additionally, companies must apply for a sales and use tax permit to collect taxes from customers and remit them to the state comptroller. Business owners should also familiarize themselves with state and federal laws that impact their industry. For example, if the business involves collecting customer information, such as credit card information, it must comply with the Payment Card Industry Data Security Standard. Businesses also need to be mindful of differences in state regulations. For instance, Maryland requires employers to provide workers’ compensation insurance to employees and register for unemployment insurance. Businesses should also be aware of potential cyber security threats, such as data breaches and phishing attacks. The Maryland Department of Commerce provides information and resources on cyber security, and the Federal Trade Commission has comprehensive guidance on online privacy. Finally, businesses should ensure their websites are compliant with the Americans with Disabilities Act and the Maryland Accessibility Code. If a website is not accessible, it could be subject to legal action or fines. As a result, businesses should make sure their websites are designed with the latest technologies and adhere to accessibility standards.

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What are the requirements and regulations for online business activities?

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