Number One Dollar Store · Hephzibah, GA
Bright aisles of party supplies and household basics, price signs in bold and a cart rattling down the aisle.
Short answer: Obtain Wholesale License In Georgia: 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 discount variety store can buy inventory for resale without paying sales tax up front.
The Georgia version of the seller's permit is the 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. A resale certificate lets you stock discount merchandise from wholesale sources without tax at purchase, on the understanding that you charge sales tax when you sell to the final customer.
Tip: Rotate impulse items near the register often; the whole point of a bargain store is a pleasant surprise.
Industry code: NAICS 452319 (All Other General Merchandise Retailers), 455219 under the 2022 update
Get your sales and use tax number (Certificate of Registration) filed · Start your LLC, DBA and EIN · Business licenses
Reyonda · Budget 40 40 Dollar And Under Store · Philadelphia, PA
Reyonda asked: “I will be buying wholesale clothing, toys, Bluetooth, and similar items and reselling them on my online website. Customers in all 50 states and my home is the office. Everything will be sold in an online store.”
Hi Reyonda, buying wholesale clothing, toys and electronics for an online store starts with the Pennsylvania Sales, Use and Hotel Occupancy Tax License. Suppliers will accept the Form REV-1220 Pennsylvania Exemption Certificate for items you resell. Shipping nationwide means other states' thresholds may eventually require registration there too. Budget 40 40 Dollar And Under Store would need a DBA.
Short answer: In Philadelphia, Pennsylvania, businesses are required to obtain licensing before they start operating. For an online discount store, that means the Sales, Use and Hotel Occupancy Tax License, a federal tax ID number (EIN) and a local business license, plus a structure and name registration.
Pennsylvania calls its seller's permit the Sales, Use and Hotel Occupancy Tax License. When you buy inventory to resell, the paperwork is a Form REV-1220 Pennsylvania Exemption Certificate. Not a sales tax license. A business selling only to resellers applies for a wholesaler certificate instead; it cannot hold both. Pennsylvania issues a separate wholesaler certificate to businesses that sell only for resale; any retail selling requires the sales tax license instead.
Industry code: NAICS 452990 (All Other General Merchandise Stores)
Get your Sales, Use and Hotel Occupancy Tax License filed · Start your LLC, DBA and EIN · Business licenses
BACK TO TOP
All Businesses Need a Hephzibah Business License & a Trade Business Name ( Augusta-Richmond 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 GA 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 GA Business Tax ID but also need a Business License.
Instead of filing a Trade Business Name, You Can Incorporate in GA or form a(n) GA LLC & You Will Not Need To File A DBA
List of required licenses below include online as well as home or Amazon businesses.
1. Dollar Store The majority of starting businesses need a(n) , Hephzibah business tax id registration (business license).
2. Dollar Store Businesses with an trade firm name other than the owner's legal name are required to get a(n) Augusta-Richmond County DBA ( doing business as ) fictitious business name.
3. In GA you may also need a sales tax ID AKA seller's permit if you sell merchandise that is taxable. ( A.K.A GAseller'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 GA Federal Tax ID Number and a(n) GA State Employer Tax Number.
5. Instead of filing a fictitious business name DBA Filing in Hephzibah, Incorporate in GA or form a(n) LLC.