How to Get a Resale License in Utah

A resale license, also known as a sales tax license or seller’s permit, is generally required if you intend to launch a business in Utah that involves selling items. With a resale license, you can purchase goods from wholesalers without paying sales tax, then sell them to customers and charge them sales tax. Here’s how to obtain a Utah resale license.

Yes, any company selling tangible personal property or taxable services in Utah must obtain a seller’s permit. Retail establishments, online merchants, and any company that markets products at transient gatherings like fairs and festivals are included in this. You must obtain a seller’s permit if you intend to sell goods frequently. How to Obtain a Utah Resale Certificate

You must submit an application for a seller’s permission with the Utah State Tax Commission in order to obtain a resale certificate there. Online applications are preferred since they result in speedier permit issuance than applications sent in the mail. Basic information about your company, including your name, address, and federal tax ID number, must be provided. Describe the goods and services you sell as well as any other pertinent information.

You will receive your seller’s permission, which doubles as your resale certificate, once your application is accepted. Then, with this certificate, you can buy goods from wholesalers without having to pay sales tax. You should be aware that you must gather and send sales tax on any goods you sell to clients. How Much Does a Utah Seller’s Permit Cost?

The application for a seller’s permit in Utah is free. However, you must register with the Utah State Tax Commission and receive a sales tax license if you sell goods that are subject to sales tax. A $15 one-time registration charge is required to obtain a sales tax license.

With the use of a Utah resale certificate, you can buy goods from wholesalers without having to pay sales tax. This document is often referred to as a sales tax license or seller’s permit. You can purchase goods from wholesalers at a lesser price once you obtain a resale certificate, which can help you save money and improve your profit margins.

In conclusion, filing for a seller’s permission with the Utah State Tax Commission is the first step in obtaining a resale license in Utah. Once you have your permission, you can use it to make sales tax-free purchases from wholesalers. Keep in mind that you must adhere to Utah’s tax regulations and keep proper records because you must collect and remit sales tax on the goods you sell to clients.