Desire · Spartanburg, SC
Walls of shoeboxes, a measuring device on the floor and a customer taking a determined lap around the store.
Short answer: Get Whole Seller License: in South Carolina, what most people call a wholesale license is the Retail License. With it, and a Form ST-8A Resale Certificate for your suppliers, a shoe store can buy inventory for resale without paying sales tax up front.
The South Carolina version of the seller's permit is the Retail License. To buy for resale without paying sales tax, you give the supplier a Form ST-8A Resale Certificate. A retail license is required for retail sellers; a business making only wholesale sales may not need one. South Carolina also accepts the multistate uniform certificate in place of its ST-8A form if it contains the same information. Shoes bought from brands and wholesalers to resell can usually be purchased with a resale certificate, while shoeboxes, benches and store supplies are generally taxable.
Tip: Measure feet instead of trusting memory; shoppers who get a good fit come back, and the rest buy blister bandages.
Industry code: NAICS 448210 (Shoe Stores), 458210 under the 2022 update
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Michelle · Raleigh, NC
Hi Michelle, a shoe store in Raleigh needs the Certificate of Registration for sales and use tax before the first sale. Then your shoe suppliers will accept Form E-595E, the Streamlined Sales and Use Tax Certificate of Exemption, along with your registration number, to sell to you tax-free. With five employees you will also register as an employer for payroll taxes, and an LLC would keep your own assets separate from the shop.
Short answer: For a shoe store in Raleigh, North Carolina, the essentials are the Certificate of Registration (sales and use tax), a federal tax ID number (EIN) and a local business license, plus an LLC or other structure.
The North Carolina version of the seller's permit is the Certificate of Registration (sales and use tax). Suppliers selling to you tax-free will ask for a Form E-595E Streamlined Sales and Use Tax Certificate of Exemption. A wholesale merchant must register; wholesale-only businesses with no taxable sales or purchases can choose a wholesale-only option and skip filing returns. North Carolina lets registered wholesale-only merchants opt out of filing sales and use tax returns.
Get your Certificate of Registration (sales and use tax) filed · Start your LLC, DBA and EIN · Business licenses
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All Businesses Need a Spartanburg Business License & a Trade Business Name ( Spartanburg 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 SC 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 SC Business Tax ID but also need a Business License.
Instead of filing a Trade Business Name, You Can Incorporate in SC or form a(n) SC 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. Shoes Nearly all businesses need a(n) , Spartanburg business tax registration.
2. Shoes 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) Spartanburg County DBA assumed business name certificate.
3. In SC you may also need a tax id called a resale tax ID or seller's license if you are selling touchable items. ( A.K.A SCseller'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 SC Federal Tax ID Number and a(n) SC State Employer Tax Number.
5. Instead of filing a fictitious business name DBA Filing in Spartanburg, Incorporate in SC or form a(n) LLC.