A seller’s permit is a legal document that enables companies to charge customers sales tax. Any company planning to sell physical items must obtain a seller’s permission before doing so in Utah. Here are the procedures to take in order to obtain a seller’s permit if you intend to launch a business in Utah.
Verifying your business type is the first step in getting a seller’s permit. The kind of permission you want depends depend on the kind of business you own. For instance, you must submit an application for a Utah Sales Tax License if you are a sole proprietor. It is necessary to submit an application for a Utah Business Tax License if you are an LLC or corporation.
The following step is to register with the Utah State Tax Commission after you have confirmed the nature of your business. Through the Utah Taxpayer Access Point (TAP), you can register online. You will be required to enter information about your company, such as your business name, address, and tax identification number, during the registration process.
You must finish the application procedure after signing up with the Utah State Tax Commission. To do this, you must complete and submit an application to the Utah State Tax Commission. The Utah State Tax Commission website offers a form that can be downloaded and mailed to the company.
Step 4: Pay the Essential Fees After submitting your application, you must pay the necessary fees. Depending on the kind of permission you’re seeking for, there may be expenses. For instance, a Utah Business Tax License costs $70 whereas a Utah Sales Tax License is $16. Through the Utah Taxpayer Access Point (TAP), you can make the payments online.
A reseller’s permit is a legal document that enables companies to buy products tax-free for resale. A Utah Sales Tax License is another name for a reseller’s permit there. Businesses who possess a reseller’s permit are exempt from paying sales tax when buying products from manufacturers and wholesalers. When they sell the items, they must nevertheless charge sales tax to their clients.
Depending on the kind of permit you’re looking for, a seller’s permit in Utah can cost different amounts. A Utah Business Tax License costs $70 while a Utah Sales Tax License is $16. A seller’s permit application may also be subject to additional expenses, such as a charge for a local business license.
In Utah, selling online does indeed require a business license. Any company in the state of Utah that sells physical items must have a business license. This comprises companies who conduct online product sales. A business license can be obtained through the city or county offices in your area. Depending on where your business is located, different locations have different license rates.
You must submit a Business Name Registration form to the Utah Division of Corporations and Commercial Code in order to register a business name there. There is a cost of $22 for doing this, and you can do it online or by mail. You will be given a Business Name Registration Certificate once your registration has been authorized. You may also want to think about registering a trademark with the United States Patent and Trademark Office as registering your business name does not grant trademark protection.