What is the Sales Tax?

In most American states, if your company engages in wholesale/retail sales, has employees, sells physical products, or has a physical presence, you need to register to collect Sales Tax!

This registration will provide you with the Resale Tax Certificate as well.

You can do this registration for free with the DOR of your company's state of registration or, if you prefer, you can hire our service to issue the Sales Tax Certificate (for sales) and the Resale Certificate (for tax-free purchases on products that will be resold). Our service fee is $250.

 

The time frame for processing the certificate may be around 15 business days. However, this time might vary since some states may be faster. After our Specialist receives all the documentation, he will review it and start the process. We will share the correct time frame with you as soon as possible.

 

👉 To hire the Sales Tax issuance service, go to portal.globalfy.com and click on "Other Services." Than, just choose the Sales Tax/Resale Certificate Registration option, and within 4 business days, our team will contact you with the details of the service.

 

Once issued, your company will have an obligation to calculate, report, and pass on to the state on a monthly or quarterly basis the amount collected from the client as sales tax, and reports need to be made even if there has been no collection.

 

For customers who count on our accounting support, there are no additional fees (depending on the accounting plan) to perform the reports for your company for the first state in which you have obligations.

 

👉 To have the monthly Sales Tax follow-up service, you will need to hire the Bookkeeping service. You can check out the plans at https://globalfy.com/pt/accounting-and-taxes-ecommerce-and-international-trade/

 

To track your Sales Tax, we recommend the Taxjar software - https://taxjar.grsm.io/ - which integrates with your accounts like Amazon, eBay, and Shopify. It does all the Sales Tax calculations for only $19 per month.

 

If you still have any questions or need further assistance regarding this topic, we are here to help!
✉️ Simply click here to submit your support request and our team will be glad to assist you.