In order to avoid paying sales tax on goods you intend to resell, Utah business owners and resellers may need to obtain a resale certificate. However, how can you tell if a resale certificate is authentic? An explanation of how to check a Utah resale certificate is provided below.
The first step is to verify the certificate number. Checking the resale certificate’s certificate number should be your initial step. This number must be distinct from any other certificates and should not be used twice. By getting in touch with the Utah State Tax Commission or visiting their website, you can confirm the certificate number. To confirm that the company is registered and permitted to sell goods, you can also confirm the certificate number by looking up the company’s information in the Utah State Business Registry.
The resale certificate’s business details must then be verified. This information comprises the company’s name, address, and tax identification number. Check the Utah State Business Registry or get in touch with the Utah State Tax Commission to confirm this information.
Resale certificates have an expiration date, which designates how long they are still valid. Verify the certificate’s expiration date to make sure it is still valid. If the certificate has run out of validity, you will have to collect sales tax on any goods you want to resell.
You can get in touch with the Utah State Tax Commission immediately if you have any remaining questions about the validity of a resale certificate. They will be able to check your firm information and certificate number. Do I Need a Business License in Utah to Sell Online?
Yes, a business license is required in Utah if you intend to sell goods or services online. This is true for both private citizens and companies. The Division of Corporations and Commercial Code in Utah is where you can submit an application for a business license. Depending on the kind of business and the area, Utah business license fees change.
Depending on the kind of business and the area, Utah business license fees change. A business license typically costs between $50 and $400. The Utah Division of Corporations and Commercial Code website has more details regarding the price of a company license. How Can I Launch My Own Business in Utah? You must do the following actions in order to launch your own business in Utah: Choosing a business structure (sole proprietorship, partnership, LLC, or corporation) is step one. Step two is registering your business with the Utah Division of Corporations and Commercial Code. Step three is obtaining any necessary licenses and permits. Step four is filing taxes with the Utah State Tax Commission. Step five is opening a business bank account and getting any required insurance. Do I Have to Pay Taxes When I Sell Things Again? Yes, you will be obliged to collect and submit sales tax on any things you resell in Utah. However, you are exempt from paying sales tax if you have a current resale certificate and wish to buy goods for resale. Just be sure to check the resale certificate’s legitimacy before accepting it.
The state in which you live and the location of the sales of your products will determine whether or not you require a resale certificate to sell on Amazon. To make tax-exempt purchases for resale in the state of Utah, a seller must obtain a current resale certificate. To find out whether particular criteria are essential for your firm, you should speak with a tax expert or the tax office in your state.