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| Starting a(n) home based business Business Licenses & Tax IDs |
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Hi, I'm how to set up an llc in honolulu
hello need to start an llc in honolulu hawaii. how do i start? i will sell on etsy, amazon and ebay as well as from home.I am starting an online business selling tee shirts. Do I need a Business License or seller's permit?
I'm currently looking into starting a online e-commerce website an..., . |
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As the majority of home based business businesses, 99.9%, you will need an occupational business license even if you obtain a free LLC
filing or you incorporate. In addition, you may need a federal tax ID number, and if you sell any merchandise, you will need a resale tax ID number.
Also note that all home based business LLC
s need an occupational business license. Also, if the LLC
has more than one member, or you will file a tax return for the LLC
as a corporation as opposed as a disregarded entity, you will need a federal tax ID number for the LLC
.Starting a business fist step is to choose the tax legal structure. There are three major ones:1. home based business Sole proprietor, 2. Partnership, and 3. Corporation or Limited Liability Company. All home based business small, home or web based businesses as well as big businesses must choose and register as on of the above. In addition, businesses must obtain a business tax registration occupational license receipt. If selling any taxable items,a business must also get a home based business reseller ID number to buy wholesale and sell retail.
Finally, if a business is an employer, it needs to get a federal EIN and a State EIN.hello need to start an LLC
in honolulu hawaii. how do i start? i will sell on etsy, amazon and ebay as well as from home.I am starting an online business selling tee shirts. Do I need a business license or seller's permit?
I'm currently looking into starting a online e-commerce website and I am looking for all the legal documents needed?
when going online to obtain my business license a list is given for the type of licensure. which type is the one I need for NEMT show me any type of computer repair business, just like to know the example All i need is permit to start a home base thrift shop what would i need. |
1. SELECT LLC, DBA, CORP
From sole propr., Waipahu LLC, HI partneship or HI Corp.: Each requires an entity certificate filing.
2. TAX IDs - PERMITS
All
Internet Business
businesses/entities need a business license and an EIN.
3.
Waipahu STATE SALES TAX ID.
Selling/Buying wholesale or retail
requires a Waipahu seller's permit.
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You can choose to be a(n) :
- Sole Proprietor,
- LLC,
- Corporation or
- Partnership.
After you decide and select your business entity, you need licensing.
Honolulu Business Tax Registration (
Business License)
All businesses including home, online or mobile BUSINESS need a BUSINESS license because they are BUSINESSES.
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A(n) business using a fictitious business name in
Honolulu City and County
i.e. you are a business with a trade name other than the owner's legal (full name) name are required to get a(n)
fictitious business name.
For instance you open a(n)
business and you name it "Superior
Group". You will need to file a fictitious business name for that name.
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In
Waipahu
you need a resale ID ( AKA seller's permit) if you selling touchable items.
(A.K.A state id, wholesale, resale,
reseller certificate, about $39 for most states).
Seller's Permit
Note: All businesses need a federal tax ID number except sole proprietors that are not employers and are not independent contractors.
An independent contractor is a self employed business person that receives more than $600 per year from anyone of his or her clients.
IRS rule: The client must issue a 1099 form to the independent contractor and the independent contractor must have a federal tax ID.
However, even sole owners may obtain a federal ID and use it as a business tax ID instead of using their own social security number as a
business tax ID number.
However, all other licenses that apply to sole proprietors as discussed here are requited regardless of getting
a federal tax ID number.
In addition you will need a federal and a state EIN if you will hire employees.
I.e., a Waipahu Federal Tax Id Number ($29) and a(n) Waipahu State Employer Tax Number
Instead of filing a fictitious business name DBA Filing (about $49 plus state and legal newspaper publication fees) in
Honolulu, Incorporate in Waipahu or form a(n) Waipahu LLC .
You have a choice to file a DBA or form an LLC or incorporate.
If you will do business under your first and last legal name you will not need to get a fictitious business name.
Also note that even using your first and last name may not help you avoid filing a DBA if the name has a suffix such as "& sons" etc.
If you do form an llc or incorporate (about $49 plus state fees for most states) your business instead of just filing a fictitious business name (dba),
it will help you avoid personal liability from wrongs arising from your business dealings and you will not have to file the Honolulu business name.
In lieu of recording a Honolulu City and County trade company name (our filing service fee includes trade name registration and newspaper legal publication for 4 weeks) you can also form a corporation in
Waipahu or form an Waipahu LLC (starts @ $49 plus state fee for most states & includes required documents such as bylaws for the corporation and Limited Liability operating agreement for the LLC). .
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