Business Identity Theft
Business identity theft occurs when a business’s identity is falsely used to transact business and establish lines of credit with banks and suppliers. For example, acquiring merchandise on credit, opening a bank account in a business name, or ordering merchandise or services with a stolen credit resulting in a direct impact on that business’s reputation and creditworthiness.
What can a business do to prevent and detect business identity theft?
Take the following initial steps to protect your business from business identity theft:
- Do not ignore notifications from the Office of the Secretary of State.
- Keep your business in good standing with us by filing your annual report and updating your registered agent information.
- Periodically check your business information on the Office of the Secretary of State’s website. Let us know of any updates to your information.
- Obtain a commercial credit report for your business on a regular basis from one of the major credit reporting agencies.
- Sign up for electronic notifications with your bank, other creditors, and service providers.
- Immediately report any suspicious activity on your bills and supplier relationships to the invoicing company.
- Inventory commercial documents and have a policy for shredding expired materials.
For more information about identity theft, whether personal or business related please use the following links:
If you feel that the identity of an entity registered with our office has been compromised, please feel free to email us at email@example.com to verify the status of your entity, registered agent, listed officers, and recent filings; or for further assistance.
- If you are looking to obtain your federal tax ID number, you must contact the Internal Revenue Service.
- If you are looking to obtain a Vermont tax ID number please contact the Vermont Department of Taxes.
- If you have questions about hiring employees or other labor related matters please contact the Vermont Department of Labor.
- If you would like more information about incentives, job creation, and economic development opportunities please contact the Department of Economic Development.