How to Obtain a Reseller’s Permit in New Mexico

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How do I get a reseller’s permit in New Mexico?
A New Mexico Sellers Permit can only be obtained through an authorized government agency. Depending on the type of business, where you’re doing business and other specific regulations that may apply, there may be multiple government agencies that you must contact in order to get a New Mexico Sellers Permit.
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A reseller’s permit, often called a resale certificate, is a legal document that enables companies to buy goods or services tax-free for resale. Businesses in New Mexico who want to resale goods or services must apply for a reseller’s permission with the Taxation and Revenue Department of the state.

Businesses must first register with the state of New Mexico by completing the Combined Reporting System (CRS) application before applying for a reseller’s permit. To register for different state taxes, such as the gross receipts tax, withholding tax, and compensating tax, utilize the CRS program.

Businesses can apply for a reseller’s permit by filling out the NTTC-issued Reseller Permit Application after submitting the CRS application. The application can be sent in via mail or electronically through the Taxpayer Access Point (TAP) site.

Businesses must submit an application together with a copy of their New Mexico CRS identification number and, if necessary, a copy of their articles of incorporation or certificate of registration.

In New Mexico, obtaining a reseller’s permit is free of charge. But the license needs to be renewed every four years.

Businesses can log into their TAP accounts and access their permit information to check the status of a reseller’s permit. Businesses can also modify the details of their permits using the TAP site, such as changing their company name or address.

Finally, getting a reseller’s permit in New Mexico is a simple procedure. Businesses must first register with the state by completing a CRS application, and then use the Reseller Permit Application provided by NTTC to apply for a reseller’s permit. Every four years, the permit must be renewed and is free of charge. Businesses can log into their TAP accounts and access their permit information to check the status of a reseller’s permit.