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What License Needed To Start Buiness In Las | |
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| What License Needed To Start Buiness In Las | |
8/21/2009 12:00 AM
| To start an internet retail site, you will need anumber of licenses, but the specifics will decide your focus. To give an idea of what and why, let's examine a hypothetical example: Location: home business Product: Clothing and clothing accessories This gives us two specific foci- The Business License and the Sellers Permit. |
| 1. Basically, a business license is a certification from your local government, in one form or another, that your business is legal in it's current form and location, and that it is registered for local taxes and will be informed of local tax dates in advance so that your business can remain current in its local taxes. 2. Your sellers permits will serve two purposes. It will register you for sales tax, allowing you to both charge this essential tax on all transactions, as well as pay your dues, as well as purchase from wholesalers tax free, saving you a great deal of money on every transaction. |
| | 1. The business license is required by federal, state, county and city law for any company wishing to conduct business within the boundaries of the law. It is also an essential part of any companies tax registrations.
2. A sellers permit is essential as part of state, county and local law, and also the key component of operating within the boundaries of the sales tax and wholesale system. |
| 03 - Since you are selling clothing, here are the licenses and tax ids you are legally required to obtain before starting online operations: 1. A business tax registration license 2. A DBA assumed business name 3. A federal tax id number also is required in most state for those that they get a seller's permit, and if you are a partnership or you want to use it instead of you social security number to open a bank account. Also, note that forming an llc or incorporating eliminates the requirement of getting a dba. It is a good idea to form an llc to avoid personal liability from business transactions. Since you are dealing in clothing, you will need 4. A seller's permit. |
| Simply go online to www.businessnameusa.com Answer our online questionaire to determine your needs, then fill out our business information form as thouroughly as possible, before completing each step of our payment system and we will begin processing your order immediately. |
| www.businessnameusa.com P.O. Box 14927 Long Beach, CA. 90853 310-455-6675 |
| 1. Failing to get a business license has two distinct sets of consequences. First, it results in your busines being fined and audited by the local government for back taxes, as well as possibly even being brought up on misdemeanor charges. The second is far simpler. The police will simply shut your business down. 2. Without a sellers permit, your business will not be able to charge sales tax on its sales, leaving it without that money when it is audited for those taxes, resulting in your business owing massive amounts of money it cannot pay because it simply does not have them. |
| Simply go to http://www.businessnameusa.com/services/fees.htm to determine your fees. Keep in mind that most of our fees cover filing charges, for example, in Conneticut, our $79.99 charge for a sellers permit covers the filing fee of $50.00, as well as the $29.99 for labor, leaving you paying only $29.99 for our work, and with now extra effort on your part, and with a swiftly delivered license. |
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