Donna's Colorful Jewelry · Augusta, GA
A tray of necklaces being sorted under a bright lamp, a loupe set aside, and little gift boxes ready by the window.
Short answer: Wholesale License In Augusta 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 jewelry reselling business 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. Inventory of jewelry bought for resale bought for resale is exempt from sales tax at purchase when the buyer gives the supplier a resale certificate, while supplies used in the business stay taxable.
Tip: Keep records of what you buy and from whom; resale of used jewelry usually comes with extra rules.
Industry code: NAICS 448310 (Jewelry Stores), 458310 under the 2022 update
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 Augusta Business License & a Trade Business Name ( Columbia 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
The licenses below are required for all businesses including internet as well as home and businesses like Etsy etc.
1. JEWELRY, Buying And Hope To Sell Nearly all businesses need a(n) , Augusta business tax registration.
2. JEWELRY, Buying And Hope To Sell 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) Columbia County DBA assumed business name certificate.
3. In GA 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 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 Augusta, Incorporate in GA or form a(n) LLC.