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Online Business License Colorado CO | |
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Online Business License Colorado CO |
10/2/2009 12:00 AM
| 1)selling electronic stuff online. creating my own webstie to sell. 2)selling ipod, laptop, playstation, xbox, navigation, phone... 3)home basement and garage |
| | | 03 - Your business is subject to sales tax reporting because it is selling touchable objects that are required to be reported to the state and that requires a resale id to do so. For this reason, here are the licenses and tax ids you are legally required to obtain before starting business operations: 1. A business tax registration license. (Form an LLC Limited Liability Company to protect Your Home and Car) 2. Fictitious Business Name, 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 taxable items, you will need 4. A seller's permit. |
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