Business that sell or lease merchandise, vehicles, or other tangible personal property in California are generally required to register with the State Board of Equalization and obtain a seller’s permit. The seller’s permit can then be used to purchase goods for resale without paying sales tax. Depending on the type of your business, you may be required to register with the Board of Equalization. The California State Board of Equalization requires you to obtain a seller’s permit if you:
- Are engaged in business in California
- Sell or lease personal property that would be subject to sales tax
- Will make sales for a temporary period, normally lasting longer than 90 days at one or more location
The process of obtaining a seller’s permit can be nebulous and cumbersome. For this reason, many business owners naively decide not to obtain them, ignorant of the fact that the results can be devastating to the business. If your business is required to obtain a seller’s permit and it fails to do so, the State Board of Equalization could potentially impose heavy fines and penalties which can ultimately cause your business to dismantle and for you to be held personally liable.
The Justice Attorney Group can assist you by registering your business with the Board of Equalization and obtaining your seller’s permit. We’ll remove all the complexities and hassles of starting your new business so you can focus on what’s important, the business itself.