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        I want to buy wholesale goods in New York for my retail store. How can I get a resale certificate?

        I want to buy wholesale goods in New York for my retail store. How can I get a resale certificate?

        user-
        Answer by: Abdullah Al Naim
        7 months ago

        To buy wholesale goods tax-free for your retail store in New York, you’ll need to obtain a resale certificate by following these steps:

        Steps to Obtain a Resale Certificate in New York

        1. Register for a Certificate of Authority

        First, register with the New York State Department of Taxation and Finance to obtain a Certificate of Authority. This document allows you to collect and remit sales tax in New York.

        2. Use Form ST-120 (Resale Certificate)

        Once you have the Certificate of Authority, you can issue Form ST-120 (Resale Certificate) to suppliers when purchasing items for resale.

        Present this form to suppliers at the time of purchase to avoid paying sales tax on inventory.

        Why a Resale Certificate is Important

        • It ensures you don’t pay sales tax upfront on goods meant for resale.
        • Helps maintain compliance with New York tax regulations, avoiding penalties or fines.

        Learn more:

        Need Assistance?

        Navigating the registration process and ensuring compliance with state-specific requirements can be time-consuming. Business Globalizer offers expert services to simplify the process of obtaining your resale certificate.

        Get your resale certificate today:

        With Business Globalizer, you can focus on growing your retail store while we handle the paperwork to ensure your resale certificate is issued quickly and accurately.

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