You can apply for a resale certificate through your state’s tax department. Be sure to apply to the state tax department in the state you physically have an address—not the state in which you are incorporated, if it’s different.
- To find the resale certificate for a specific state, you can visit the Department of Revenue website for that state. Alternately, you can perform a Google search for the state’s resale certificate.
How do I get a reseller certificate?
How to Apply for a Reseller License
- Obtain the application from the appropriate state department.
- Organize the information and documents you need to complete the application.
- Submit the fee for obtaining your reseller certificate.
- Find out if and when you need to renew your reseller permit.
How long does it take to get a reseller certificate?
The Department has set a goal to process applications within 10 business days, however it may take up to 60 days to process your application.
Do I need a resale certificate to sell online?
Resale certificates are the documents that let retailers purchase goods for resale without having to pay sales tax. Without a resale certificate, the purchaser must pay sales tax on the items they intend to resell. A common e-commerce business model is to purchase goods wholesale and then sell them online at a markup.
Where do you get a wholesale permit?
In order to obtain a wholesale license, you will need to contact your revenue office or state’s tax office. Once your business has its wholesale license you will be free from paying sales tax on the products you buy wholesale for resale.
What license do I need to buy wholesale?
In order to buy items wholesale, you will need to obtain a wholesale license. Depending on the state where you business is located, it could also be called a seller’s permit, a resale ID, wholesale ID, retail ID or a reseller’s license.
Is a resale tax ID the same as an EIN?
Even though it’s important for your taxes, your resale number isn’t the same as a tax ID number. Your business’s TIN goes on federal tax returns, and if you need to pay state taxes on your business income, you can apply for a state TIN. The resale number involves state sales tax.
Can I use my EIN number to buy wholesale?
You can buy wholesale goods from any legal entity as long as you have an employer identification number (EIN) and a wholesale license. The government requires businesses to complete these forms to track sales tax, income, and other business activity to the respective sources.
How do I get a resale certificate online?
How to get a resale certificate for your online shop
- Find out which states require a reseller’s permit.
- Prepare your documents for the application process.
- Fill out the application.
- Calculate the state sales tax rate.
- Begin selling online.
Who needs a resale certificate?
A resale certificate is a document proving that you are a legitimate retailer or purchaser and are buying products to either resell or use as component parts of products you plan to resell. To use a resale certificate, you generally need to be registered to collect sales tax in at least one US state.
Can you sell stuff without a business license?
All companies require a business license, whether they sell online or from a brick-and-mortar storefront. When you operate a business without the proper licenses, you risk heavy fines. In addition, the city or state may require you to cease operations until you complete the required paperwork.
Do I need a license to resell?
All companies require a business license, whether they sell online or from a brick-and-mortar storefront. Businesses are required to apply for a business license because it provides a way for the government to keep track of enterprises operating in the area and keep track of tax revenue.
How do I register for a sellers permit?
To register for your Seller’s Permit, you can use the California Department of Tax and Fee Administration online registration tool or apply in person at one of the field offices. In order to complete your registration, you will need: Your social security number (corporate officers excluded) Your date of birth.