How to Get Your Sales Tax Permit in Hawaii
-
Decide on Business Structure
First decide on a business structure in Hawaii as a Sole Proprietor, LLC/Corp, or Partnership. -
Apply for a Seller’s Permit
Selling/Leasing or wanting to buy or sell Hawaii merchandise, food, equipment wholesale requires a Seller’s Permit.
Hawaii Seller Permit License Process
-
Obtaining a License
While every state has its own rules and regulations, they all require businesses to carry a sales tax certificate. -
Registration Details
To register for a sales tax permit in Hawaii, visit the Hawaii Tax Online website or apply in person at any Hawaii Department of Taxation District Offices. Personal and business identification information is required for registration.
Resale Certificate Process in Hawaii
-
What is a Resale Certificate?
The state of Hawaii does not require all firms to get a general business license. Some enterprises may be obliged to get permissions from state authorities. -
Home-Based Businesses
Home-based businesses in Hawaii will be required to complete a Home Occupation Declaration.
Other Relevant Information for Businesses in Hawaii
-
Obtaining Hawaii Business License
You can obtain a Hawaii business license online or by mail. LegalZoom can help find the exact licenses your business requires. -
Tax Liability Protection
To be protected from liability, it is advised to file an LLC as an S Corporation and save 20% on taxes.
New Mexico Seller’s Permit Requirements
-
Licensing Details
Even small New Mexico businesses need a Seller’s Permit if selling retail or wholesale. Licensing requires getting a wholesale license and business license. Some jurisdictions require both a seller’s permit and business license. -
Seller’s Permit Application
You can register online for a seller’s permit by providing information like name, address, EIN, projected sales, products sold, etc. It typically takes 7-10 days to receive a permit after submitting the application.
Difference Between Reseller Permit and Seller Permit
- Seller’s Permit vs. Resale Certificate
A seller’s permit allows collecting and remitting sales tax, while a resale certificate enables purchasing items tax-free for reselling.
This revision has implemented proper Markdown formatting and streamlined the content for clarity and conciseness.