John · John's Inc. · Riverton, WY
John wrote: “I will buy new and used motorcycles, and rent and sell mobile homes.”
Hi John, Motorcycles and mobile homes both usually require dealer licensing that is separate from the sales tax paperwork, so start there. Wyoming's Sales/Use Tax License covers taxable sales, and the Streamlined Sales and Use Tax Certificate of Exemption is for inventory you buy to resell. Rentals may be treated differently from sales. Wyoming has no state income tax on wages, so three employees involve unemployment insurance only. John's Inc. may not need a DBA.
Short answer: Obtaian Tax ID Riverton WY: Wyoming doesn't issue a document called a "wholesale license." The registration suppliers ask for is the Sales/Use Tax License, backed by a Streamlined Sales and Use Tax Certificate of Exemption.
The Wyoming version of the seller's permit is the Sales/Use Tax License. When you buy inventory to resell, the paperwork is a Streamlined Sales and Use Tax 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. Wyoming is a Streamlined Sales Tax member state, so buyers use the uniform Streamlined certificate for resale.
Industry code: NAICS 441228 (Motorcycle, ATV, and All Other Motor Vehicle Dealers)
Get your Sales/Use Tax License filed · Start your LLC, DBA and EIN · Business licenses
The Shop · Eatonton, GA
The owner wrote: “We will buy wholesale motorcycles and sell to the public.”
Selling motorcycles is a regulated dealer business, so a dealer license usually comes before anything else. For tax, Georgia's sales and use tax number (Certificate of Registration) and the Form ST-5 Sales Tax Certificate of Exemption are what you show when buying inventory for resale. Titles, financing and lot rules add paperwork. The Shop as a trade name needs a DBA unless it is an LLC's exact name.
Short answer: Buying Wholesale Motorcycle: in Georgia, what most people call a wholesale license is the sales and use tax number (Certificate of Registration). With it, and a Form ST-5 Sales Tax Certificate of Exemption for your suppliers, a motorcycle dealership can buy inventory for resale without paying sales tax up front.
In Georgia, the seller's permit goes by the name sales and use tax number (Certificate of Registration). To buy for resale without paying sales tax, you give the supplier a Form ST-5 Sales Tax 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. Buyers using Form ST-5 generally need a Georgia sales tax number when registration applies to them. Georgia's ST-5 certificate covers resale and many other exemptions; the buyer marks the reason and lists its registration number.
Get your sales and use tax number (Certificate of Registration) filed · Start your LLC, DBA and EIN · Business licenses
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All Businesses Need a Riverton Business License & a Trade Business Name ( Fremont 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 WY 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 WY Business Tax ID but also need a Business License.
Instead of filing a Trade Business Name, You Can Incorporate in WY or form a(n) WY LLC & You Will Not Need To File A DBA
List of required licenses below include online as well as home or Amazon businesses.
1. Motorcycle Sales The majority of starting businesses need a(n) , Riverton business tax id registration (business license).
2. Motorcycle Sales Businesses with an trade firm name other than the owner's legal name are required to get a(n) Fremont County DBA ( doing business as ) fictitious business name.
3. In WY you may also need a sales tax ID AKA seller's permit if you sell merchandise that is taxable. ( A.K.A WYseller'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 WY Federal Tax ID Number and a(n) WY State Employer Tax Number.
5. Instead of filing a fictitious business name DBA Filing in Riverton, Incorporate in WY or form a(n) LLC.