| Starting a(n) Vehicles Business Licenses & Tax IDs |
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Hi, I'm Sharon Test
Vehicles
| 29379 Test Sharon Vehicles Wholesale Trade 76921 Vehicles 8 Union SC |
, Sharon. |
Hi, I'm Starting Business Buying And Selling Vehicles
Vehicles
Buy wholesale cars and motorcycles and Sell to public. i want to be a online distributor of motorcycles directly from supplier or manufacture and Sells on eBay/ amazon. distribute to all 50 states from my home.
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You can choose to be a(n) Vehicles :
- Sole Proprietor,
- LLC,
- Corporation or
- Partnership.
After you decide and select your business entity, you need licensing.
Abbeville Business Tax Registration (
VehiclesBusiness License)
All businesses including home, online or mobile BUSINESS need a BUSINESS license because they are BUSINESSES.
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A(n) Vehicles business doing business under an assumed business name in
Wilcox County
i.e. you are a business that uses a DBA doing business as trade name to trade that is other than the full legal (first and last -- full name) name of a sole proprietor or a name other than the LLC or Corporation business name need a(n)
assumed business name certificate.
E.g. you venture into a(n)
Vehicles
business and you give it a trade name such as "Excellence
Vehicles
& Associates". You will need to register an assumed business name certificate.
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In
GA
Vehicles
you need a resale ID ( AKA seller's permit) if you selling touchable items.
(A.K.A state id, wholesale, resale,
reseller certificate, about $39 for most states). You will need it if you sell or want to buy wholesale any Vehicles related items, such as food, materials, or merchandise.
Seller's Permit
Note: All businesses need a federal tax ID number except sole proprietors that are not employers and are not independent contractors.
An independent contractor is a self employed business person that receives more than $600 per year from anyone of his or her clients.
IRS rule: The client must issue a 1099 form to the independent contractor and the independent contractor must have a federal tax ID.
However, even sole owners may obtain a federal ID and use it as a business tax ID instead of using their own social security number as a
business tax ID number.
However, all other licenses that apply to sole proprietors as discussed here are requited regardless of getting
a federal tax ID number.
Also keep in mind that employers will need to obtain a federal EIN and a State EIN tax identificattion number.
I.e., a GA Federal Tax Id Number ($29)
and a(n) GA State Employer Tax Number
Instead of filing a fictitious business name DBA Filing (about $49 plus state and legal newspaper publication fees) in
Abbeville, Incorporate in GA or
form a(n) GA LLC .
Filing a DBA is not required if you will set up an LLC or form a Corporation.
If you will do business under your first and last legal name you will not need to get a fictitious business name.
Using any language that connotes additional owners in the name of the business makes filing a fictitious business name mandatory.
If you do form an Retail Selling llc or incorporate (about $49 plus state fees for most states) your Vehicles business instead of just filing a fictitious business name (dba),
that insurs that you don't have personal liability for debts and civile liabililty arising from your business dealings and you will not have to record the Abbeville business name.
In lieu of recording a Wilcox County trade company name (our filing service fee includes trade name registration and newspaper legal publication for 4 weeks) you can also form a corporation in
GA or form an GA LLC (starts @ $49 plus state fee for most states & includes bylaws for the corporation and Limited Liability operating agreement for the LLC that is required to open a business bank account). .
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| Buy wholesale cars and motorcycles and sell to public.
i want to be a online distributor of motorcycles directly from supplier or manufacture and sells on eBay/ amazon. distribute to all 50 states from my home.
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| Union
Sharon
7/5/2021 8:03 PM
. | Test
Vehicles
| 29379 Test Sharon Vehicles Wholesale Trade 76921 Vehicles 8 Union SC |
| | SharonUnion, SC. | | |
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