When we form Llc certificate from delaware state then it is necessary or not of “resale certificate” for ordering products from wholesaler, manufacturer and any distributor for amazon wholesale FBA?
Thank you
When we form Llc certificate from delaware state then it is necessary or not of “resale certificate” for ordering products from wholesaler, manufacturer and any distributor for amazon wholesale FBA?
Thank you
Yes, a resale certificate is necessary for ordering products from wholesalers, manufacturers, and distributors for Amazon Wholesale FBA, even if your LLC is registered in Delaware. A resale certificate allows you to purchase products for resale without paying sales tax on the purchase.
Necessary.
Delaware Business Tax Forms
There are no state or local sales taxes in Delaware and as such, sales tax exemption certificates and reseller certificates are not applicable to Delaware. Delaware imposes license and gross receipt taxes on the sale of most goods and services.
License and Gross Receipts Requirements
A retailer is required to obtain a business license . Every retailer must pay a gross receipts tax at the rate of .7468% (.007468) on taxable gross receipts received from selling tangible personal property.
The State of Delaware taxes sales receipts at the rate of .7468%. They don’t call it a Resale Certificate as most states do, they call it a business license. You need to register with the Division of Revenue to obtain a business license.
Thank you both for answers!