Tyler · NWA GAME SOURCE · Elkins, AR
Tyler asked: “I buy used and new electronics, video games and accessories and sell online on eBay and Amazon.”
Hi Tyler, To get a resale certificate in Arkansas, you first need the sales and use tax permit, then new items from distributors can be bought with the Streamlined Sales and Use Tax Certificate of Exemption (resale). Used items from the public come with no paperwork, so keep your receipts. Marketplaces like Amazon often collect some tax themselves. NWA GAME SOURCE needs a DBA, and we can file it.
Short answer: Starting Business Get Resale Certificate: the key filing in Arkansas is the sales and use tax permit. Suppliers will ask for its number and a Streamlined Sales and Use Tax Certificate of Exemption (resale) before they sell to you tax-free.
In Arkansas, the seller's permit goes by the name sales and use tax permit. Suppliers selling to you tax-free will ask for a Streamlined Sales and Use Tax Certificate of Exemption (resale). 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. Arkansas is a Streamlined Sales Tax member state, so buyers can use the uniform Streamlined exemption certificate for resale.
Industry code: NAICS 443142 (Electronics Stores), 449210 under the 2022 update
Get your sales and use tax permit filed · Start your LLC, DBA and EIN · Business licenses
Patrick · Electronic · Smyrna, GA
Patrick shared: “I will sell electronics.”
Hi Patrick, electronics are taxable goods, so Georgia expects the sales and use tax number (Certificate of Registration). Suppliers will accept the Form ST-5 Sales Tax Certificate of Exemption on stock you buy to resell. One employee means an EIN and state employer registration. Electronic may need a DBA, and used devices can add secondhand rules.
Short answer: In Smyrna, Georgia, businesses are required to obtain licensing before they start operating. For an electronics business, that means the sales and use tax number (Certificate of Registration), a federal tax ID number (EIN) and a local business license, plus a structure and name registration.
Georgia calls its seller's permit the sales and use tax number (Certificate of Registration). When you buy inventory to resell, the paperwork is 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.
Industry code: NAICS 443142 (Electronics Stores)
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 Elkins Business License & a Trade Business Name ( Washington 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 AR 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 AR Business Tax ID but also need a Business License.
Instead of filing a Trade Business Name, You Can Incorporate in AR or form a(n) AR LLC & You Will Not Need To File A DBA
List of required licenses below include online as well as home or Amazon businesses.
1. Electronics The majority of starting businesses need a(n) , Elkins business tax id registration (business license).
2. Electronics Businesses with an trade firm name other than the owner's legal name are required to get a(n) Washington County DBA ( doing business as ) fictitious business name.
3. In AR you may also need a sales tax ID AKA seller's permit if you sell merchandise that is taxable. ( A.K.A ARseller'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 AR Federal Tax ID Number and a(n) AR State Employer Tax Number.
5. Instead of filing a fictitious business name DBA Filing in Elkins, Incorporate in AR or form a(n) LLC.