How do I get a resale license in Missouri?

Acquiring a resale license in Missouri, a resale certificate, so as to conduct business, is a requirement for those businesses purchasing products for resale without paying sales tax initially. Acquiring this entails several steps to bring about compliance with Missouri tax statutes.

You should first register for a Missouri Sales Tax License (Retail Sales License) from the Missouri Department of Revenue. This registration provides your business with a Missouri Tax ID number, which is necessary to legally acquire and utilize a resale certificate. You cannot avail of sales tax exemption on resale purchases without this number.

Then you must fill out the Missouri Form 149 (Sales and Use Tax Exemption Certificate). This certificate indicates that your purchases are for resale and enables you to provide this certificate to suppliers to purchase goods tax-free. You must be accurate in completing the form to avoid delays or penalties.

Once you have obtained the approval, you must maintain proper records and ensure the resale certificate is used appropriately, exclusively for products purchased for resale. Misuse of the certificate will result in penalties and compliance issues.

If the process is beginning to sound complex or time-consuming, you can simplify it by having a professional service do it for you.One IBC USA provides a beginning-to-end solution for businesses that need a resale certificate, with assured accuracy and compliance and time saved for you. 

You can learn more or get started here: Obtain Resale Certificate for Clients