Portland, OR
The owner wrote: “Buy automobiles and sell wholesale to dealers in and out of state.”
Oregon has no statewide sales tax, so no seller's permit is involved. Wholesaling cars to dealers is licensed in Oregon, though, and this license, and not the tax registration, is the real hurdle: dealer licensing usually involves a bond, a business location and insurance. Dealers in other states may have their own paperwork for buying from you. With two employees, add the state employer registration.
Short answer: For a wholesale automobile business in Portland, Oregon, the essentials are a federal tax ID number (EIN) and a local business license, plus an LLC or other structure.
No statewide sales tax, so the state issues no seller's permit and wholesale-only businesses need no sales tax registration. No statewide sales tax, so no seller's permit; out-of-state suppliers may still ask for documentation such as a multistate exemption certificate.
Industry code: NAICS 423110 (Automobile and Other Motor Vehicle Merchant Wholesalers)
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Saint Paul, MN
The owner asked: “Buy and sell auto.”
Buying and selling cars in Saint Paul usually needs a state dealer license, which has requirements for a location and a bond, along with Minnesota's Sales and Use Tax Permit. Form ST3, the Certificate of Exemption, is used when buying vehicles for resale from dealers and auctions. Selling a few of your own cars is different from running a dealership, so tell us the volume you plan and we can help sort it out.
Short answer: Saint Paul: for an auto buying and selling business in Saint Paul, Minnesota, the core set is the Sales and Use Tax Permit, a federal tax ID number (EIN) and a local business license, plus a business structure and name registration.
The Minnesota version of the seller's permit is the Sales and Use Tax Permit. Suppliers selling to you tax-free will ask for a Form ST3 Certificate of Exemption. 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. Minnesota is a Streamlined Sales Tax member state; its ST3 form covers resale purchases.
Industry code: NAICS 441120 (Used Car Dealers)
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All Businesses Need a Portland Business License & a Trade Business Name ( Clackamas 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 OR 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 OR Business Tax ID but also need a Business License.
Instead of filing a Trade Business Name, You Can Incorporate in OR or form a(n) OR 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. Automobile Nearly all businesses need a(n) , Portland business tax registration.
2. Automobile 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) Clackamas County DBA assumed business name certificate.
3. In OR 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 ORseller's permit, state id, wholesale, resale, reseller certificate).
4. Keep in mind that employers will need to obtain a federal EIN and a State EIN tax identificattion number as well. I.e., a OR Federal Tax ID Number and a(n) OR State Employer Tax Number.
5. Instead of filing a fictitious business name DBA Filing in Portland, Incorporate in OR or form a(n) LLC.