|
| Starting a(n) Online sales Business Licenses & Tax IDs |
|
Hi, I'm Charlotte How Long Does It Take To Get My Ldentifcation Numb
Online Sales
| Sale online and offline sales from products merchandise on Amazon eBay at home retail and wholesale
|
, Charlotte. |
|
Hi, I'm Get A California Business Licence
Online Sales
Selling products on Amazon Selling nationwide. All products will be purchased wholesale and sold online..., . |
|
|
| | | | | Online sales
| |
| just looking to find out the permits I need an licenses I will be an at Home and online business selling in state through my Instagram and website on Shopify.How Do I Buy Wholesale Items.
A: Hi Peggy, To buy wholesale items, just obtain a wholesale permit also called a seller's permit or seller's license. When you obtain a wholesale license, it comes with a resale certificate which you can fill out with your business information and the wholesale number ID that is on your wholesale license, and present it to the wholesale vendor so you can buy items and merchandise wholesale. For Online Sales business, you need a business license, a seller's permit, and a DBA, LLC
, or Corporation because these last 3 items, anyone of these can register your business name and select the structure of your business. So, the fictitious business name "R&D Precious Things," must be registered with a dba, LLC
, or corporation. On the other hand, if you hire Online Sales employees you will need the federal EIN as well as the state EIN. |
| Online sales Business Licensing Information. All Online sales 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 trade name to conduct Online sales 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, Online sales corporate entities are more 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. |
You can choose to be a(n) Online Sales :
- Sole Proprietor,
- LLC,
- Corporation or
- Partnership.
After you decide and select your business entity, you need licensing.
Middletown Business Tax Registration (
Business License)
All businesses including home, online or mobile BUSINESS need a BUSINESS license because they are BUSINESSES.
|
A(n) Online Sales business using a fictitious business name in
Frederick County
i.e. you are a business that uses a DBA doing business as trade name to trade that is other than the full legal (first and last -- full name) name of a sole proprietor or a name other than the LLC or Corporation business name need a(n)
fictitious business name.
For instance you open a(n)
Online Sales
business and you name it "Superior
Online Sales
Group". You will need to file a fictitious business name for that name.
|
In addition note that in
MD
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.
Also keep in mind that employers will need to obtain a federal EIN and a State EIN tax identificattion number.
I.e., a MD Federal Tax Id Number ($29) and a(n) MD State Employer Tax Number
Instead of filing a fictitious business name DBA Filing (about $49 plus state and legal newspaper publication fees) in
Middletown, Incorporate in MD or form a(n) MD LLC .
Filing a DBA is not required if you will set up an LLC or form a Corporation.
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.
Using any language that connotes additional owners in the name of the business makes filing a fictitious business name mandatory.
If you do form an Merchandise Retail llc or incorporate (about $49 plus state fees for most states) your Online Sales business instead of just filing a fictitious business name (dba),
that insurs that you don't have personal liability for debts and civile liabililty arising from your business dealings and you will not have to record the Middletown business name.
Instead of just registering your Frederick County assumed business name (our fee includes assumed business name registration and legal newspaper publication) you can choose to setup a corporation in
MD or form an MD LLC (starts @ $49 plus state fee for most states & includes bylaws for the corporation and Limited Liability operating agreement for the LLC that is required to open a business bank account). .
|
|
|
|
|
| | |
| |
|
|
|