A resale certificate, commonly referred to as a tax exemption certificate, is required if you intend to sell products in Michigan. Since you will charge sales tax to your consumers when they make purchases from you, this certificate enables you to make wholesale purchases of goods without having to pay sales tax. This is how you obtain it:
Before submitting an application for a resale certificate, you must first register with the Michigan Department of Treasury for a sales tax license. You can accomplish this by filing Form 518, the Sales and Use Tax Registration, or online at the Michigan Business One Stop website.
2. Complete Form 3372, the Michigan Sales and Use Tax Certificate of Exemption, to Apply for a Resale Certificate: Once you have your sales tax license, you can submit Form 3372 to apply for a resale certificate. Your business name, address, and sales tax license number must all be entered on the form.
3. Submit the Form: You can send the Form 3372 to the Michigan Department of Treasury or submit it online using the Michigan Treasury Online website. If you submit your resale certificate online, it should arrive in 10 business days; if you mail it, it should arrive in 15 business days.
You might also need to meet other Michigan business licensing criteria in addition to a resale certificate. For instance, you must seek particular permissions or licenses if you want to sell alcohol, cigarettes, or firearms. Additionally, you might need to register your company with the local municipal or county government or the Michigan Department of Licensing and Regulatory Affairs (LARA).
Now for the pertinent queries: How can I make changes to my Wisconsin sales tax? If you need to make changes to your Wisconsin sales tax return, you can do so by filing Form ST-12, the Amended Sales and Use Tax Return, online using the Wisconsin Department of Revenue’s My Tax Account system. You must submit both the updated information and your original sales tax return information. Do I require a sellers license to conduct internet business in Wisconsin?
Yes, you must a seller’s permission, also known as a sales tax permit or reseller’s permit, if you intend to sell tangible personal property in Wisconsin. You can send Form S-211, the Wisconsin Seller’s Permit Application, or apply online using the Wisconsin Department of Revenue’s My Tax Account website. Is it possible to operate a business online without a license?
Your location and the kind of business you run will determine this. Even if a company only conducts business online, the majority of states generally need it to seek a license or permit. Depending on your area and industry, you might require a professional license, business license, or sales tax permit. The easiest way to find out what licenses and permits you require is to contact your state and local governments. Do I require a business license if I am an LLC? In the majority of circumstances, a business license is required even if you have an LLC. A limited liability company (LLC) can provide liability insurance and tax advantages, but it does not relieve you from needing a business license or other permissions from your state and local governments.