Open your restaurant.Leave the paperwork to our office.
Our office forms your restaurant company in any state, gets the EIN, runs payroll with tip reporting and keeps your books, and our agency insures the kitchen, the dining room and your staff.
Reviewed by Orkun Ozkaymak, CPA, MBAClients in all 50 states and abroad
How to open a restaurant
- 1
Form the company and get an EIN
Our office forms your LLC or corporation in the state where you open and gets the EIN before you sign the lease, so the lease, bank account and licenses are in the company name.
- 2
Register for sales tax
Register with your state's revenue department before you open. Prepared food is taxable in most states, and some cities and counties add their own restaurant or meals tax.
- 3
Get food and health approvals
Your city or county health department issues the food service permit after a plan review and inspection. Most places also need zoning approval and a certified food protection manager on staff.
- 4
Apply for a liquor license
Alcohol needs both state and local approval. Depending on your state, you apply to the local liquor authority, the state liquor agency, or both. Some areas cap the number of licenses.
- 5
Insure the business and run payroll
Our agency quotes property, general liability, liquor liability and workers' compensation. Our office runs payroll with tip reporting and keeps your books in QuickBooks Online.
What our office files for you.Prices shown before you send.
Pick what you need on the request form. Ozfield's fees are shown here; government fees are passed through at cost.
- Illinois sales tax registration and resale certificate IllinoisRegisters the company with the Illinois Department of Revenue.$250
- Food service and health permit help IllinoisQuoted by our office
- Liquor license help IllinoisState and local liquor licenses.Quoted by our office
- City of Chicago business license IllinoisThe city fee is $500 or $1,000 for 2 years depending on the license type, paid to the city.$179
- Payroll and state unemployment setupPayroll accounts, state unemployment registration and your first payroll.Quoted by our office
Coverage in place on day one.Quoted by our agency.
Check the coverage you want on the request form and our insurance team sends quotes from multiple carriers. Nothing is bound without your OK.
- General liability
- Liquor liability
- Property
- Workers' compensation
- Food spoilage
The filings that come every year.
Our office keeps these on your calendar so nothing is missed. How we work with restaurants →
Illinois sales tax
20th of each month. Form ST-1 plus local restaurant taxes where they apply.
Form 941 and state payroll
Quarterly. Including reported tips.
Form 8027
March 31 (e-file). Tip income report for larger food and beverage employers.
Form 8846
With your return. Credit for employer FICA paid on tips.
What new owners ask us.
Something else on your mind? Call 773-536-9272 and our office will help, in English or Turkish.
What licenses do I need to open a restaurant?
How do I get a liquor license for a restaurant?
Do restaurants charge sales tax on food?
What insurance does a new restaurant need?
Ready to start your restaurant?
Answer a few questions, see your estimate and send it to our office.