In Louisiana, obtaining a wholesale license is free of charge. That’s correct; in Louisiana, there is no price to obtain a wholesale license. A sales tax permit is not subject to payment in the state of Louisiana. All taxable sales made in Louisiana must be collected and remitted once you acquire the permit, though.
Louisiana furthermore demands a seller’s permit in addition to a wholesale license. Businesses can sell physical products within the state and charge sales tax on those transactions if they have a seller’s permit. A seller’s licence can be obtained similarly to a wholesale license and is likewise free of charge.
Even if you are an LLC, you must still apply for licenses and permissions in Louisiana. While forming an LLC protects the owners from liability, it does not absolve the company from getting all essential licenses and permissions. Therefore, regardless of your business structure, you must acquire both a wholesale license and seller’s permit if you intend to sell goods in Louisiana.
You must still obtain a sales tax permit and collect and pay sales tax on all transactions made in Louisiana if you intend to sell goods in Louisiana as a remote seller, which means you do not have a physical presence in the state. In order to sell tangible personal property, electronically transferred goods, or services delivered into Louisiana, a distant seller must apply for a sales tax permit with the state of Louisiana. In conclusion, a wholesale license in Louisiana is free, but it is necessary for companies who sell goods to retailers or other companies at wholesale pricing. Additionally, in order to sell tangible products within the state and charge sales tax on those transactions, a seller’s permit is necessary. Even if you are an LLC, you must still apply for licenses and permissions in Louisiana. A sales tax permit must also be obtained by remote sellers, who must likewise collect and remit sales tax on all transactions made in Louisiana.