Starting a(n) Business Licenses & Tax IDs |
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Hi, I'm Do I Need A Sellers Permit For VA
Hookah Catering
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Hi, I'm Hookah
Hookah Catering
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Registering Your Own Small New Hookah Catering Vapor Shop electronic cigarettes and juices Business
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 Hookah Catering Vapor Shop general business permit that all new 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 Vapor Shop sole proprietor, you can use your social security number instead of the federal ID.
Then, a seller's permit is required if you sell Hookah Catering Vapor Shop electronic cigarettes and juices 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.
If you do business as a name other than your full legal name, for example, you do business as "Hookah Catering C Vapor Shop t," you will need to file a doing business as (DBA) filing.
Finally, you have the option or incorporating or forming an Hookah Catering LLC. Setting up as one of these corporate entities allows you not to file a DBA. |
You can choose to be a(n) Hookah Catering :
- Sole Proprietor,
- LLC,
- Corporation or
- Partnership.
After you decide and select your business entity, you need licensing.
Woodbridge 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) Hookah Catering business doing business under an assumed business name in
Prince William 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. ย
E.g. you venture into a(n)
Hookah Catering
business and you give it a trade name such as "Excellence
Hookah Catering
& Associates". You will need to register an assumed business name certificate.
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In
VA
you need a resale ID ( AKA seller's permit) if you selling touchable items.
ย (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.
Also keep in mind that employers will need to obtain a federal EIN and a State EIN tax identificattion number.
I.e., a VA Federal Tax Id Number ($29) ย and a(n) VA ย State Employer Tax Numberย ย
Instead of filing a fictitious business name DBA Filing (about $49 plus state and legal newspaper publication fees) in
Woodbridge,ย Incorporate in VA ย orย form a(n) VA LLC .ย
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 Other llc or incorporate (about $49 plus state fees for most states) your Hookah Catering 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 Woodbridge business name.
In lieu of recording a Prince William 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
VA or form an VA 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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