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De Niro · Get 'em and Hold 'em · New York, NY
What licenses and registrations do I need to start a Wholesale Merchandise in New York, NY?
De Niro wrote: “yes looking to start a wholesale merchandise sales buying the merchandise from china b”
Picture this: a warehouse somewhere in the five boroughs, pallets stacked high with merchandise fresh off a container ship from Shenzhen, and De Niro on the phone closing deals before the shrink-wrap is even off. Before any of that can happen legally in New York City, the government wants to know who you are, what you are selling, and that your employees are on the books. New York calls its seller's permit a Certificate of Authority, and without one, buying wholesale tax-free is just a dream. The good news is none of these filings bite — they just bark a little.
What Get 'em and Hold 'em needs in New York, NY
- Business License – all businesses operating in New York City must be licensed by the government to legally conduct commerce
- Certificate of Authority (Seller's Permit) – required for wholesale dealers to purchase inventory tax-free for resale and to report taxable transactions to New York State
- EIN – required because the business will be an LLC with employees and must identify itself for federal payroll tax reporting
- State Employer Tax ID – New York requires employers to register for state withholding and unemployment insurance before the first paycheck is issued
- LLC Formation – shields the owner's personal assets such as home and savings from business debts and lawsuits
By the numbers: Banks, insurers and tax forms will ask for your industry code. For a wholesale merchandise it is NAICS 423990 Other Miscellaneous Durable Goods Merchant Wholesalers. That makes 5 items on the list for Get 'em and Hold 'em.
Tip: For example, a New York wholesale importer shipping containers of goods from China should also verify whether any products require special import permits or compliance with US Customs regulations.
How much does it cost and where can I get these licenses? Our service fee starts at $49 per filing, plus the government fee for each license. You can obtain all of the registrations above online, in one place, at https://www.filingsusa.com/Order.html – we prepare and file the paperwork and email you the documents, typically within 1-3 business days.
To recap: Get 'em and Hold 'em in New York, NY needs Business License, Certificate of Authority (Seller's Permit), EIN, State Employer Tax ID and LLC Formation. Check them off one by one and you will open with confidence.
The conversation: questions and answers
Q.: yes looking to start a wholesale merchandise sales buying the merchandise from china b
A.: That sounds like a great venture — importing and reselling merchandise is a solid business model! 🎉
Are you just getting started, or is this an existing business you're expanding?
Q.: just getting started
A.: Exciting — wholesale merchandise is a huge market right now! 💪
What state and city will you be operating from?
Q.: ny ny
A.: New York is a fantastic hub for wholesale! And who do I have the pleasure of helping today — what's your first name?
Q.: De Niro
A.: Great to meet you, De Niro! 😄
Will you be selling the merchandise wholesale to other businesses, retail to consumers, or both?
Q.: just businesses
A.: Perfect — wholesale to businesses is a smart move, De Niro!
Will you be running this under a business name, or just your personal legal name?
Q.: yes my business name is Get 'em and Hold 'em
A.: Love that name, De Niro — it's memorable! 😄
Do you have any plans to hire employees in the next 30 days, or will it just be you for now?
Q.: yes 2 employees
A.: Great, with employees you'll need a couple of extra registrations — but nothing scary!
One more question: would you like to protect your personal assets (like your home and savings) by forming an LLC, or are you okay just registering the business name with a DBA?
Q.: yes obviously from my name i used to work for, you know, some powerful people so i made some money
A.: Ha! Well then, let's make sure "Get 'em and Hold 'em" is fully legit — the last thing you need is the government coming around asking questions! 😄
Would you like me to put together your full checklist of what you'll need?
Q.: yes
A.: Here's your checklist, De Niro! Since you're wholesaling imported merchandise in New York with employees, here's what you need:
Required:
• Business License — the government requires all businesses to be licensed to operate
• Certificate of Authority (Seller's Permit) — required for wholesale buying and selling, lets you purchase inventory tax-free and collect/report sales tax
• EIN (Federal Tax ID) — required because you're forming an LLC and hiring employees; also needed for your business bank account
• State Employer Tax ID — required for NYS payroll withholding and unemployment insurance since you're hiring
• LLC Formation — protects that hard-earned money and personal assets from business liabilities
Optional but recommended:
• LLC taxed as S-Corp — once profits are rolling, this can cut your self-employment tax. Just email law@filingsusa.com and we'll file the election for you!
Most filings are $49 plus government fees. You can get everything started right here:
https://www.filingsusa.com/Order.html
Want me to clarify anything on the list? 🚀
filingsusa.com can prepare and file these registrations for you: start your order.
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