Contact your state’s tax office to apply for a sales-tax license.
Applications and fees vary depending on the state [source: Seller Permit].
Obtain a wholesale license.
Contact your state’s tax or revenue office to apply for and obtain a wholesale license.
Do you need a license to buy wholesale?
Although the wholesale license allows you to not pay tax on your purchases, depending on the state, you must charge your retail customers sales tax. However, depending on the state, wholesale licenses may receive different names and functions, such as resale permit license, seller’s permit or resale certificate.
Is a sellers permit the same as a wholesale license?
Wholesale vendors need a seller’s permit if they buy and sell goods that are subject to sales tax when sold retail. Stores and other retail sellers need the same permit. You’ll probably need added licensing and paperwork beyond your permit.
How do I get a resellers license in California?
The requirement to obtain a seller’s permit applies to:
- Register In Person. You may register for a seller’s permit in person at one of the Board of Equalization’s field offices.
- Register by Mail. You can get an application for a resellers permit mailed to you by calling 800-400-7115.
- Apply Online.
How do you buy from wholesale?
To be successful, however, you should be able to buy bulk items at wholesale prices.
- Buy in Bulk for Resale.
- Apply for an EIN Number.
- Obtain State Tax License.
- Register Business Name.
- Get a Checking Account.
- Get a Debit Card.
- Search for Wholesalers.
- Apply for Buyer Accounts.
Do I need a wholesale license to sell online?
For example, if you want to buy wholesale products to sell on eBay or your online store, you’ll need a reseller’s permit/license to avoid paying tax on those items. Suppliers will often require you to present one before they’ll do business with you.
Is it legal to buy wholesale and resell?
Is It Legal to Buy and Resell Items? Generally, it’s not illegal to resell an item that you have legitimately purchased. Once you have purchased something at retail it is yours to do with as you choose. Manufacturers tend to have little or no control over a product past the first customer they sell to.
Photo in the article by “Department of Natural Resources – Maryland.gov”