My physical address is in Europe for over 20 years. Any feedback is appreciated even if it doesn't cover all my questions. Thanks in advance Regards James Reply. Richelle Monfort on 10 May Hi James, Because this is a delicate matter I suggest you consult with a professional so you will be given correct advise. Our training does not give us enough knowledge to answer your questions.
Can you tell me what license and approvals I need please? Richelle Monfort on 14 May Hello Barbara, It would be best that you check with your local account to be sure that you are guided accordingly.
Neka on 30 May Hi , I am trying to get started with my online boutique. I wanted to know which licenses or permit I would need to start out with. I also am starting off as a Dropshipping business. I already have applied for my EIN number and have my business name that i want. What is actually a good place to register my business name? I have already gotten my website starting off with Spotify Reply. Richelle Monfort on 31 May Hello Neka, It's not always required to get started with most suppliers but there are quite a few benefits of obtaining one.
I would like to know if this reseller ID is it just for who live's in US? Thank you Reply. Richelle Monfort on 8 Jun Hi Cid, It's not always required to get started with most suppliers but there are quite a few benefits of obtaining one. Lola on 11 Jun Hi. I am from a foreign conuntry but want to dropship products in the US from US manufactures. Do I need to register a company in the US and get a resellers certificate in order for the manufacturers to agree to work with me?
But you may be asked to provide the equivalent of a sales tax ID from your country. Ashley Y on 11 Jun Hello.
I'm located in Pennsylvania and am looking to sell bows on Etsy as a hobby. Do I still need to get a sales tax permit? Richelle Monfort on 12 Jun Hello Ashley, It would be best that you check with your local country clerk or accountant to be sure you're on the right path. I got my Business Number, but I know most wholesale sites would ask for your reseller's permit.
In Ontario that would be the 15 digit with "RT" right? If so, this was the form I was going to fill out. I need these things in order to open wholesale accounts in the US. Eddie on 2 Aug Here is a question I cannot seem to find an answer to. Thank you Ed Reply.
Richelle Monfort on 5 Sep Hello Eddie, I think it would be best that you consult with your local account for help so you will be guided accordingly. However, you don't pay GST on residential rents and financial services.
Businesses can recover the GST they pay as an input cost. Grendelyn on 11 Sep Hi if iam not a US citizen and i want to get a resellers certificate because my supplier is from US. Is it possible? Now if your supplier requires you to have one, you can apply for a sales tax ID in your own country. Lucy Maynard on 24 Oct I have a new ecommerce shopify store and i want to dropship to the uk and usa.
The wholesalers all want reseller licences which i dont have and a VAT number but im not vat registered yet? Rhea Bontol on 29 Oct You can sometimes purchase from a supplier without a sales tax ID yet and if you do so, do note that you will be charged with sales tax as if you're the end user itself. Having a sales tax ID allows you to purchase goods in volume at wholesale rates, sales-tax free.
Unfortunately, large suppliers would require reseller's of having one for tax audit reasons. So how do I explain this to the wholesalers in the US? Thanks Reply. If the supplier would insist, you can submit the sales tax ID equivalent in Panama. However, please note you can always inform the supplier on your case to check if there are other requirements you can submit in lieu of the sales tax ID.
Some suppliers will allow this while others strictly need the requirements esp for bulk purchases so it's best to discuss these directly with the supplier. In addition, please note that if your business has a physical presence to where you're selling from, like a brick and mortar store or an office or warehouse, then you must collect the applicable state and local sales tax from your international customers. If you do not have a presence in a particular state, you are not required to collect sales taxes for international customers.
Ami on 28 Nov The best explanation I've come across so far. Rhea Bontol on 30 Nov Glad you found this blog useful! Just remember that different countries may have different tax rules so it's also best to refer to your local trade industry for more info, specially when you plan to do trading internationally. Do I need a reseller license in this case? Krystal Reply. Rhea Bontol on 29 Jan A reseller's license is issued by your local government that says your required to collect sales tax from your customers in the same state where you operate your business.
This means you are required to collect sales tax from customers in California which you'll then remit come tax season. So even if your suppliers are located in China or just in the US, a reseller's license is needed once you continue to make sales, as this is required from your government. Ernest frame on 12 Feb Legally, Do I have to have a separate resellers license for different online stores or can I use the same one for all?
For example: use one issued for an electronic store to purchase goods for a clothing site. I am the reseller, I shipp beauty and health products from Europe. I would appreciate your help on the topic. Thanks in advance for your answer!
Rhea Bontol on 15 Feb Hi Linda! Try contacting the manufacturer with regards to these requirements. Their hotline number is usually provided at the back portion of their products. Otherwise, if you're purchasing from an authorized supplier, they should still be able to provide you with the same information.
I was asked what my certificate of authority number is, but I don't see one on the certificate. Or, I see so many numbers. How do I know what my certificate of authority number is?
Is it the employee identification number that is on the certificate? WAC Reseller Permits. Permit timeliness results. Home Open a business Get started Apply for a license Plan for taxes. Run Grow Close. Forms by name Forms by subject Publications by name Publications by subject. What is a reseller permit? Reseller permits are distributed by the State and allow: Retailers and wholesalers to purchase items for resale without paying sales tax.
Manufacturers to purchase ingredients or components that are used to create a new article for sale without paying sales tax. In order to receive a resellers permit, you must have the appropriate: Business licenses in Washington. However, permits are valid for only two years if any of the following apply: You are a contractor. Your business has been open for less than 12 months.
Your business has not reported gross income in the last 12 months. Your business was on active non-reporting status at the time the application was received. Your business has failed to file tax returns any time during the last 12 months. Key things to know about reseller permits: Permit numbers: Are unique to each business. A legal separation or divorce decree awarding the business to one spouse, without notification to the CDTFA of the change, is not sufficient notice.
To locate the department, check the government pages of your telephone directory for example, look for the terms license or business license under City Government Offices and County Government Offices. Check with other state, federal, and local taxing and licensing authorities about any registration requirements they may have for example, do you need to be registered with the Franchise Tax Board or the Employment Development Department.
Your records may be audited to determine whether you have paid the correct amount of tax. The audit may determine that you owe tax, that you are entitled to a refund, or that you have paid the correct amount.
In general, you may be audited in three-year intervals, at the time you close out your permit, or in connection with an audit on another permit you hold. Audits may also be initiated as a result of information received from outside sources. You must obtain a seller's permit if you: Are engaged in business in California and Intend to sell or lease tangible personal property that would ordinarily be subject to sales tax if sold at retail.
You are engaged in business in California if you: Have an office, sales room, warehouse, or other place of business in this state even if the location is only temporary. Have a sales representative, agent, or canvasser operating in this state. Receive rental payments from the lease of tangible personal property in this state. You may want to consult a tax professional for assistance with other agencies' requirements.
This license opens a great opportunity for sellers to earn more while being able to meet your sales tax compliance requirements. Knowing the various names would be useful when you go to the department for registration services and permits in order to be able to understand them more easily. It might also help when researching suppliers and other professionals online so you can find qualified companies to work with.
Doing business in America as a wholesaler or retailer? Want to make sure you got your ducks in a row? Generally, states require businesses to submit these collected taxes quarterly or monthly.
0コメント