Texas requires that you sign up with the state as a vendor before you may begin selling wholesale goods there. Regardless of whether you are selling taxable or non-taxable goods, registration is required. You’ll receive a sales tax permit number after registering, which you’ll need to collect and send sales tax for taxable items. Required Documents for Vendor Registration You must submit some basic information, like your company name, address, and contact information, in order to register as a vendor in Texas. Your federal employer identification number (FEIN), which you can get from the IRS, is also required. You must also include details about the kinds of goods you intend to sell and your anticipated monthly sales. Completing a Vendor Registration Form You can submit a paper application or finish the registration procedure online to become a vendor in Texas. You can finish the online registration process quickly and conveniently in just a few minutes. Visit the Texas Comptroller website and follow the instructions to register online. Different Vendors
There are primarily two categories of vendors in Texas: taxable and non-taxable. Those that sell items that are subject to sales tax, such as the majority of tangible personal property, are referred to as taxable merchants. Vendors who sell things free from sales tax, such as prescription medications and some foods, are referred to as non-taxable vendors.
In conclusion, even though Texas does not officially require a wholesale license, running a wholesale business in the state does require vendor registration. If you want to register, you’ll need to choose whether you’ll sell taxable or non-taxable goods and supply some basic information. You’ll receive a sales tax permit number after registering, which you’ll need to collect and send sales tax for taxable items.