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| Starting a(n) Wholesale Business Licenses & Tax IDs |
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Hi, I'm Genesis Wholesale Business Licenses
Wholesale
| 78382 Wholesale Business Licenses Genesis Bubbly Mermaids LLC Online Store 3849 Wholesale 0 Rockport TX |
, Genesis. |
Hi, I'm Isabella What Is Needed To Start Wholesale Business
Wholesale
| 92371 What Is Needed To Start Wholesale Business Isabella Neta Wholesale Internet Selling 3668 Wholesale 2 Phelan CA |
, Isabella. |
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| | | | Wholesale Licenses | |
| If i have a LLC
for my trucking co. Can i do a dba under it for a boutique shop? or do i have to file a separate Ein & LLC
?
A: You can form an LLC
in AL and that will register your business name "EL Bisuteria Y Boutique," but you also need an EIN and a seller's permit as well as a business license. Business Licensing Information. All Wholesale businesses need a business license. If you sell any merchandise, you may want to obtain a resale ID first. Then all businesses are legally required to get a business license. In addition, if you use a Wholesale trade name to conduct business. Also, keep in mind that if you decide to hire employees, you will need to apply and get an IRS EIN and register for state employment taxes i.e., get a state identification number. Finally, corporate entities are more Wholesale prestigious so though you may need to register a DBA Doing Business As you may want to consider becoming a corporation or limited liability company. |
| If i have a llc for my trucking co. Can i do a dba under it for a boutique shop? or do i have to file a separate Ein & llc ?
A: You can form an LLC in AL and that will register your business name "EL Bisuteria Y Boutique," but you also need an EIN and a seller's permit as well as a Business License
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| Okay we have an LLC, so we will only need a sellersPermit.html">sellers Permit and business license? We already have an LLC and EIN so all we need is a business license correct? Does the state of FL require a seller's permit for e-commerce sellers?
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You can choose to be a(n) Wholesale :
- Sole Proprietor,
- LLC,
- Corporation or
- Partnership.
After you decide and select your business entity, you need licensing.
Brooklyn Business Tax Registration (
Business License)
All businesses including home, online or mobile BUSINESS need a BUSINESS license because they are BUSINESSES.
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A(n) Wholesale business using a fictitious business name in
New York City
i.e. you are a business with a trade name other than the owner's legal (full name) name are required to get a(n)
fictitious business name.
For instance you open a(n)
Wholesale
business and you name it "Superior
Wholesale
Group". You will need to file a fictitious business name for that name.
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In addition note that in
NY
you may also need a seller's permit if you sell merchandise that is taxable.
(A.K.A state id, wholesale, resale,
reseller certificate, about $39 for most states).
Seller's Permit
Note: All businesses need a federal tax ID number except sole proprietors that are not employers and are not independent contractors.
An independent contractor is a self employed business person that receives more than $600 per year from anyone of his or her clients.
IRS rule: The client must issue a 1099 form to the independent contractor and the independent contractor must have a federal tax ID.
However, even sole owners may obtain a federal ID and use it as a business tax ID instead of using their own social security number as a
business tax ID number.
However, all other licenses that apply to sole proprietors as discussed here are requited regardless of getting
a federal tax ID number.
In addition you will need a federal and a state EIN if you will hire employees.
I.e., a NY Federal Tax Id Number ($29) and a(n) NY State Employer Tax Number
Instead of filing a fictitious business name DBA Filing (about $49 plus state and legal newspaper publication fees) in
Brooklyn, Incorporate in NY or form a(n) NY LLC .
You have a choice to file a DBA or form an LLC or incorporate.
There is a cicrcumstance that you may not need to register a trade name and that is when you use your full name as a business name if you use your full legal name as a trade name.
Also note that even using your first and last name may not help you avoid filing a DBA if the name has a suffix such as "& sons" etc.
If you do form an Online Store llc or incorporate (about $49 plus state fees for most states) your Wholesale business instead of just filing a fictitious business name (dba),
it will help you avoid personal liability from wrongs arising from your business dealings and you will not have to file the Brooklyn business name.
Instead of just registering your New York City assumed business name (our fee includes assumed business name registration and legal newspaper publication) you can choose to setup a corporation in
NY or form an NY LLC (starts @ $49 plus state fee for most states & includes required documents such as bylaws for the corporation and Limited Liability operating agreement for the LLC). .
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