Wholesale & eBay Forum Importing & Customs Do I need a reseller's license?

Do I need a reseller's license?


lbenak
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  • Posts: 2
  • Joined: 09 Mar 07
  • Karma:
20 Mar 07 04:15:48 am
Hello,

I am new to SaleHoo and the wholesale business. I have already applied for my tax ID or (EIN). Will I also need a resellers license, or is the tax ID enough? I want to jump in head first so to speak, but I don't want to be surprised by extra taxes and penalties when the time comes because I didn't do things properly.

Thanks


familytime
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  • Joined: 13 Mar 07
  • Karma:
16 Apr 07 05:20:41 am
You need to get a resellers tax id if you do not want to pay taxes from your suppliers. If the EIN you mentioned is the federal tax id. you did not need that one unless you plan on having employees. You just need a State tax id for user and seller. User id is for things you buy to use for your company, not for resale. resellers id you have to have in order to collect taxes from customers with in your state.


just-me
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  • Posts: 40
  • Joined: 09 May 07
  • Karma:
9 May 07 09:33:08 pm
Hello

I am new to salehoo and the wholesale business. I have already applied for my tax ID or (EIN). Will I also need a resellers license, or is the tax ID enough? I want to jump in head first so to speak, but I dont want to be surprised by extra taxs and penalties when the time comes because I didnt do things properly.

Thanks
EIN is mainly used if you plan to hire employees or plan to incorporate and really is not necessary otherwise. follow this link Link hidden: Login to view

It is really hard at this time to know exactly what you need. Does your business name include your last name? Do you plan to hire employees? Will you be charging taxes on your sales?

If you answered no to all the questions then all you need is a business license or DBA license and highly recommended is the resellers certificate...even though it is used in cases when you charge taxes...it can also be handly in the case you have a supplier requesting this information and some suppliers request a copy of your resellers certificate. The DBA license is easy to obtain and very cheap. With the dba license you can open a business bank account and do other things and it legalizes your business.

What many business owners is file a different form with irs and add their business expenses via their SS# when it is time to file but to be safe, it is best you call an accountant.


Hi, if you are in the market for wholesale electronics to sell at places like ebay and other portals and you are wanting a good profit margin to compete with other sellers then contact me at alldiscountz2012@gmail.com. I can get apple 5, I can get all kinds of cellphones (htc, nokia, sony, and more). I can also get all kinds of cameras like canon, tablets, macbook air, macbook pro. I only deal serious business to business and do not sell retail minimum order depends on quantity of order and can be as low as 3 units. I accept secure payments through google checkout.

So if you currently sell electronics or wanting to start your own business and looking for product then send me an email at alldiscountz2012@gmail.com and I will reply with price list and terms.

Have a good night.....

innjav
Full Member
  • Posts: 8
  • Joined: 09 Oct 06
  • Karma:
17 May 07 06:32:47 pm
can someone help me? i want to get a Tax ID and reseller license but im not from USA

I want to export the items. so is there anyway i can do it?


just-me
Full Member
  • Posts: 40
  • Joined: 09 May 07
  • Karma:
19 May 07 06:22:12 am
correct me if i am wrong, but you would need to be a US citizen to get a tax id/resellers. What you need is to register your company in your country and get a VAT # or whatever they give you in your country and depending on the amount of volume you plan to export(container loads or thousand), you will also need a export license.


Hi, if you are in the market for wholesale electronics to sell at places like ebay and other portals and you are wanting a good profit margin to compete with other sellers then contact me at alldiscountz2012@gmail.com. I can get apple 5, I can get all kinds of cellphones (htc, nokia, sony, and more). I can also get all kinds of cameras like canon, tablets, macbook air, macbook pro. I only deal serious business to business and do not sell retail minimum order depends on quantity of order and can be as low as 3 units. I accept secure payments through google checkout.

So if you currently sell electronics or wanting to start your own business and looking for product then send me an email at alldiscountz2012@gmail.com and I will reply with price list and terms.

Have a good night.....

azureus001
Full Member
  • Posts: 109
  • Joined: 18 Apr 07
  • Karma:
19 May 07 04:53:05 pm
to have a register comapny in the usa, you have to be a resident alien or a citizen yes, unless you regesiter a company in nevada or delware which allow shell companies or shelf companies. if you have a vat id its the same thing. vat is just done alittle different. if you don't live in the usa why would you want to pay us taxes? your alreading going to pay the import taxes in your home of record why pay taxes twice? unless your want to fund the war effort.


 

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