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Starting a(n) Business Licenses & Tax IDs

Hi, I'm 02895 Vending Machines

I bring my vending machine to places and take care of them my self such as stocking them and also maintaining them

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Hi, I'm Vending Machines Permit Vending Machines

vending machines, lancaster, CA selling locally to my city. selling cold foods and drinks. i'd just like to get some help

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Vending Machine Business Home based business Illinois Machines will be located in several facilities

Answer: Because you sell food with your machines, you will need the seller's permit to buy the food items such as chips and soda wholesale. Other than that, you will need to register the trade name " Prolific Associations," with a DBA, LLC or corporation. You also need an EIN, and a business license. If you hire anyone, as for example, to fill out the machines, you will also need a state EIN in addition to the federal EIN. Setting up your business

  First, check the Vending Machines  Legal and Tax Business Structure

  To set up and register your business it does not matter whether your business is an online, home, store, concession stand or a mobile cart, you will have to first select a business type entity from these tax structures:

   Namely, from sole owner/proprietor, partnership, LLC or corporation.

  It does not matter which business entity you choose as far as a   General Business License   is concerned because all entities need a business license and that is because all businesses need, well, a business license.   (Note that that is not a specific license to your type of business it is a BUSINESS license) as well.

   Using a company trade name subjects you to having to file a  DBA  . For instance, your name is Donald Tramp, and you do business as Best Vending Machines  Items By Tramp, the Tramp name must be registered with a   DBA Doing Business As certificate   because it is not your full legal name (namely, Donald Tramp.

  Also, note that whatever item that you sell or lease and it is an item that can be touched (i.e., tangible such as equipment, jewelry, merchandise, electronics, prepared food) requires a sales  ID (  Sellers Permit  ) to either buy or sell the Vending Machines   items or products wholesale from companies that sell in bulk and or sell them retail directly to consumers. The sellers permit is also called a sales tax ID, a state ID (there are 2 state IDs and the other one is called an state employer ID but you most likely need the sales tax ID from the state ).

   Getting people to work for your business anytime within 30 days of starting your business subjects you having to get a  Federal EIN   and a   State EIN   (employer identification number).

   On the other hand, you will also need a federal tax ID if you are a partnership, an independent contractor, and a corporation or an   LLC  .

  It is always a good idea obtain a federal tax ID as a sole proprietor and use it as a business tax ID in the place of a social security number.

  However, you will still need other Vending Machines  filings business tax registrations, such as permits, a fictitious business name DBA, and tax IDs as described above. For example, if you want to be an LLC, you must obtain an LLC certificate and an LLC operating agreement as well as an EIN.

  You need the EIN  to be the LLC ID in addition to being an Employer ID  if you hire workers.

   Finally, even  sole proprietor working from home or just online can set up a Vending Machines  LLC or incorporate, in which case, they will not need to register the trade name with a DBA because the LLC or Corporation name will be the legal name of the business.

    A DBA stands for Doing Business As and it is also called a fictitious, assumed, trade firm or business certificate trade name.

How to get a license for Vending Machines

A: Hi Vinnie, Here is How to Get License for your Vending company: first you need to get the seller's permit to Vending Machines Business, and also register a DBA, LLC or corporation because 1. It selects the business legal structure and also registers the business name, namely "Vendomat". Since you want a Vending Machines LLC, then select the LLC to file. Finally, all businesses need a business license and an EIN plus a State EIN if hiring workers anytime soon.

✔ Biz Structure

You can choose to be a(n) Vending Machines :

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

✔ Biz License

Woonsocket 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) Vending Machines business using a fictitious business name in Providence 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) Vending Machines business and you name it "Superior Vending Machines Group". You will need to file a fictitious business name for that name.

✔ Seller Permit

In addition note that in RI you may also need a seller's permit if you sell merchandise that is taxable. (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 RI Federal Tax Id Number ($29) and a(n) RI 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 Woonsocket, Incorporate in RI or form a(n) RI LLC .

Filing a DBA is not required if you will set up an LLC or form a Corporation. There is a cicrcumstance that you may not need to register a trade name and that is when you use your full name as a business name if you use your full legal name as a trade 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 Other llc or incorporate (about $49 plus state fees for most states) your Vending Machines 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 Woonsocket business name. Instead of just registering your Providence County assumed business name (our fee includes assumed business name registration and legal newspaper publication) you can choose to setup a corporation in RI or form an RI 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