| Starting a(n) Business Licenses & Tax IDs |
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Hi, I'm christina kasehagen Permits And License Required
Smoke Shop
| smoke shop, selling to the public at a store. selling vapes as well. selling water pipes, papers and delta 8 |
, christina kasehagen. |
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Hi, I'm Phoenix 85021
Smoke Shop
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Registering Your Own Small New Smoke Shop Business
Q: Do I need a Sellers Permit For MA Fumes & Doomes Smoke Shop Essex County?
A: If you do business as a name other than your full legal name, for example, you do business as "Fumes & Doomes Smoke Shop ," you will need to file a doing business as (DBA) filing.
Finally, you have the option or incorporating or forming an LLC. Setting up as one of these corporate entities allows you not to file a DBA.
First, select your business structure: Sole Proprietor, Partnership, LLC or Corporation.
The above step is important business all documents will be filed under the type of business organizational structure. After that, you will need to obtain a business permit.
This is a general business permit that all new Smoke Shop businesses must obtain.
Note that in the majority of the cases you do not need to obtain a business permit that is specifically for your type of business. You only need a general business permit.
In addition, all businesses must be identified by a business tax ID called a federal tax ID number or Employer Identification Number (EIN). If you file as a sole proprietor, you can use your social security number instead of the federal ID.
Then, a seller's permit is required if you sell Smoke Shop merchandise wholesale or retail.
The sellers permit is also called state ID, wholesale ID, resale ID, or re-seller license.
If you are an employer, you will need a federal employer Number and a State Employer Number.
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You can choose to be a(n) Smoke Shop :
- Sole Proprietor,
- LLC,
- Corporation or
- Partnership.
After you decide and select your business entity, you need licensing.
Tampa Business Tax Registration (
Business License)
All businesses including home, online or mobile BUSINESS need a BUSINESS license because they are BUSINESSES.
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A(n) Smoke Shop business using a fictitious business name in
Hillsborough County
i.e. you are a business with a trade name other than the owner's legal (full name) name are required to get a(n)
fictitious business name.
For instance you open a(n)
Smoke Shop
business and you name it "Superior
Smoke Shop
Group". You will need to file a fictitious business name for that name.
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Also, keep in mind that in
FL
though, a business license and a DBA is necessary for most businesses but if your business sells any taxable items, you will need a sales tax ID number.
(A.K.A state id, wholesale, resale,
reseller certificate, about $39 for most states).
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.
If you are thinking of hiring help, you will need a state employer ID and an IRS number employer ID.
I.e., a FL Federal Tax Id Number ($29) and a(n) FL State Employer Tax Number
Instead of filing a fictitious business name DBA Filing (about $49 plus state and legal newspaper publication fees) in
Tampa, Incorporate in FL or form a(n) FL LLC .
You have a choice to file a DBA or form an LLC or incorporate.
Businesses that use the full legal name of the owner as a business name do not need to register an assumed business name. So, for example, your name is "John X Doe" and you use that as a business name.
If you do form an Online Store llc or incorporate (about $49 plus state fees for most states) your Smoke Shop 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 Tampa business name.
Instead of filing a Hillsborough County fictitious business name (our service fee includes dba business name filing and legal paper publication) you can elect to incorporate in
FL or form an FL LLC (starts @ $49 plus state fee for most states & includes required documents such as bylaws for the corporation and Limited Liability operating agreement for the LLC). .
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