Shannon · Portage, IN
Shannon asked: “I want to sell gemstone bracelets wholesale and to the public. I will have a website and social media to help.”
Hi Shannon, selling to both stores and the public means two kinds of sales. Retail sales to the public are taxable, so Indiana wants the Registered Retail Merchant Certificate, and the same registration lets you give a Form ST-105 General Sales Tax Exemption Certificate to suppliers when buying beads and stones for resale. When wholesaling to shops, collect their certificate instead of tax. Keep both on file.
Short answer: I Want To Sell Wholesale What Permits Do I Need: the key filing in Indiana is the Registered Retail Merchant Certificate. Suppliers will ask for its number and a Form ST-105 General Sales Tax Exemption Certificate before they sell to you tax-free.
Indiana calls its seller's permit the Registered Retail Merchant Certificate. Suppliers selling to you tax-free will ask for a Form ST-105 General Sales Tax Exemption Certificate. 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. Indiana's ST-105 certificate requires the buyer's Indiana registration number for resale claims by in-state buyers.
Industry code: NAICS 448310 (Jewelry Stores), 458310 under the 2022 update
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All Businesses Need a Portage Business License & a Trade Business Name ( Porter 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 IN 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 IN Business Tax ID but also need a Business License.
Instead of filing a Trade Business Name, You Can Incorporate in IN or form a(n) IN LLC & You Will Not Need To File A DBA
List of required licenses below include online as well as home or Amazon businesses.
1. Gemstone Beaded Bracelets The majority of starting businesses need a(n) , Portage business tax id registration (business license).
2. Gemstone Beaded Bracelets Businesses with an trade firm name other than the owner's legal name are required to get a(n) Porter County DBA ( doing business as ) fictitious business name.
3. In IN 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 INseller'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 IN Federal Tax ID Number and a(n) IN State Employer Tax Number.
5. Instead of filing a fictitious business name DBA Filing in Portage, Incorporate in IN or form a(n) LLC.