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Starting a(n) Business Licenses & Tax IDs

Hi, I'm Fleamarketlicense 19947 Fleamarket
FAQs - More...
DO I NEED ANY PERMIT OR OTHER LICENSE ASIDE FROM A BUSINESS LICENSE?

Yes, you will require other permits and licensing registrations, particularly on the off chance that you utilize a fictitious, invented, assumed, imaginary, or firm name such as e.g., Best Shop, you will have t..., .

Hi, I'm Fleamarketlicense Fleamarket
FAQs - More...
DO I NEED ANY PERMIT OR OTHER LICENSE ASIDE FROM A BUSINESS LICENSE?

Yes, you will require other permits and licensing registrations, particularly on the off chance that you utilize a fictitious, invented, assumed, imaginary, or firm name such as e.g., Best Shop, you will have t..., .

Selling   used stuff  in a flea market   requires a sellers permit because you need to collect taxes when you sell them.  Sales taxes that is.

Of course, any business  needs to be a sole owner, corporation or LLC.

If you do not choose to become an LLC, you will need to register your business name especially if it is a name without your first and last name in it.

First, select your  used stuff  business structure: Sole Proprietor, Partnership, LLC or Corporation.

Then, a sellers permit is required if you sell merchandise wholesale or retail.

If you are an employer, you will need a federal employer Number and a State Employer Number.

Users of a trade name will need a fictitious business name filing. Finally, you have the option or incorporating or forming an  used stuff   LLC.

✔ Biz Structure

You can choose to be a(n) Fleamarket :

Sole Proprietor,
LLC,
Corporation or
Partnership.
After you decide and select your business entity, you need licensing.

✔ Biz License

Irwinton Business Tax Registration ( Business License)
All businesses including home, online or mobile BUSINESS need a BUSINESS license because they are BUSINESSES.

✔ DBA Biz Name

A(n) Fleamarket business using a fictitious business name in Wilkinson 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) fictitious business name. For instance you open a(n) Fleamarket business and you name it "Superior Fleamarket Group". You will need to file a fictitious business name for that name.

✔ Seller Permit

In GA 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).
Seller's Permit

✔ Federal EIN

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.

✔ State EIN

In addition you will need a federal and a state EIN if you will hire employees. I.e., a GA Federal Tax Id Number ($29) and a(n) GA State Employer Tax Number

✔ L L C

Instead of filing a fictitious business name DBA Filing (about $49 plus state and legal newspaper publication fees) in Irwinton, 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.
Also note that even using your first and last name may not help you avoid filing a DBA if the name has a suffix such as "& sons" etc.

✔ Incorporation

If you do form an Retail Trade llc or incorporate (about $49 plus state fees for most states) your Fleamarket 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 Irwinton business name. In lieu of recording a Wilkinson 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). .

Free Seller's Permit