Fall River, MA
The owner told us: “I'm wanting a wholesale license. I don't know that I would be selling anything, but I want to buy in bulk because I craft a lot and make things for my children's sports teams.”
A wholesale license is for buying goods you resell, so if you are not selling anything, it does not fit. Supplies bought for personal crafting are taxed as a normal purchase. If you start selling your crafts, Massachusetts' sales and use tax registration (Certificate of Registration) is the registration, and the Form ST-4 Sales Tax Resale Certificate then lets you buy craft supplies tax-free for resale. We can set that up when you are ready.
Short answer: Fall River: start with the structure (an LLC for most owners), then the sales and use tax registration (Certificate of Registration), a federal tax ID number (EIN) and a local business license.
The Massachusetts version of the seller's permit is the sales and use tax registration (Certificate of Registration). To buy for resale without paying sales tax, you give the supplier a Form ST-4 Sales Tax Resale Certificate. Suppliers generally accept a resale certificate only from a buyer registered for sales tax, so even a business that mostly buys and sells wholesale usually registers. Massachusetts' ST-4 resale certificate requires the buyer's registration number.
Industry code: NAICS 453998 (All Other Miscellaneous Store Retailers), 459999 under the 2022 update
Get your sales and use tax registration (Certificate of Registration) filed · Start your LLC, DBA and EIN · Business licenses
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All Businesses Need a Fall River Business License & a Trade Business Name ( Bristol County Trade Business Name required if using a trade name).
Retailers / Wholesalers, Need a Reseller Tax ID, & a Business License.
Employers Need a Federal Tax Id Number (EIN), a MA State Tax Id ( State EIN), & a Business License.
Corporations, & LLC Need a Federal Tax Id Number (EIN)& a Business License.
Partnerships Need a Federal Tax Id Number (EIN) & a Trade Business Name, but also need a Business License.
Sole Proprietors May Use a Federal Tax Id Number as a MA Business Tax ID but also need a Business License.
Instead of filing a Trade Business Name, You Can Incorporate in MA or form a(n) MA LLC & You Will Not Need To File A DBA
The licenses below are required for all businesses including internet as well as home and businesses like Etsy etc.
1. Gifts Nearly all businesses need a(n) , Fall River business tax id registration (business license).
2. Gifts All Businesses that use a business name to trade that is other than the surname and first name of a sole proprietor or a fictitious business name other than the LLC or Corporation legal name need a(n) Bristol County DBA ( doing business as ) fictitious business name.
3. In MA you may also need a sales tax ID AKA seller's permit if you sell merchandise that is taxable. ( A.K.A MAseller's permit, state id, wholesale, resale, reseller certificate).
4. You will need a federal and a state EIN if you will hire employees. I.e., a MA Federal Tax ID Number and a(n) MA State Employer Tax Number.
5. Instead of filing a fictitious business name DBA Filing in Fall River, Incorporate in MA or form a(n) LLC.