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I’m looking forward to purchasing and selling gold in effort to raise capital capacity. I will be purchasing gold from AFRICA and shipping to the United States to sell.
A: Here is What Licenses you need to start a Gold Buying And Selling .
1. A business license,
2. A seller's permit,
3. An LLC, DBA, or S Corp. Certificate and the Corp. Bylaws
4. An EIN
5. A State EIN if you will hire employees.



 
 
 
   

“Scrap Metal” means: Nonferrous metals, scrap iron, stainless steel or other material or equipment which consists in whole or in part of metal and which is used in construction, agricultural operations, electrical power generation, transmission or distribution, cable, broadband or telecommunications transmission, railroad equipment, oil well rigs or any lights maintained by the State or a local government, including, without limitation, street lights, traffic-control devices, park lights or ballpark lights; and Catalytic converters.
Whether your Scrap Metal business is an online, home, store, concession stand or a mobile cart, you will have to first select from these business, tax entities: Namely, from sole owner/proprietor, partnership, LLC or corporation.

It does not matter which Scrap Metal one you choose when it comes to a General Business License because all entities need that one. (Note that that is not a specific license to your type of business it is a BUSINESS license) as well. Using a company name subjects you to having to file a DBA .

“Scrap Metal” does not include waste generated by a household, aluminum beverage containers, used construction scrap iron or a metal product in its original manufactured form which contains not more than 20% by weight nonferrous metal. Recycling Metals is much bigger than the retail (or consumer focused) side.


For instance, your name is Marilyn Boe, and you do business as Best Scrap Metal Items By Marilyn, the name must be registered with a DBA Doing Business As certificate because it is not your full legal name (namely, Marilyn Boe). Also, note that whatever item that you sell or lease and it is an item that can be touched (i.e., tangible such as Scrap Metal equipment, jewelry, merchandise, electronics, prepared food) requires a sales ID ( Sellers Permit ) to either buy or sell the items or products wholesale from companies that sell in bulk and or sell them retail directly to consumers.

Getting people to work for you within 30 days of starting your business subjects you having to get a Federal EIN and a State EIN (employer identification number). On the other hand, you will also need a Scrap Metal federal tax ID are: if you are a partnership, an independent contractor, and a corporation or an LLC .

You can also obtain a federal tax ID as a sole proprietor and use it as a business tax ID in the place of a social security number. However, you will still need other filings, such as permits, a fictitious business name DBA, and tax IDs as described above. Finally, even Scrap Metal sole proprietor working from home or just online can set up a LLC or incorporate, in which case, they will not need to register the trade name with a dba because the LLC or Corporation name will be the legal name of the business.


If you are starting a Metal recycling and scrapping know that is a profitable business for many, especially in tough times. While it's a dangerous job, high metal prices can make you a lot of money because people will pay you to haul away junk which you can then break down and sell to buyers.

Find out how to start a scrap metal business to decide if it can be a wise investment of time and resources.What You Need pickup truck or utility trailer magnet grinding wheel hammers cutters personal protective equipment first aid kit maps or GPS unit screwdrivers buckets Of course you need to understand how scrap metal pricing works.

First, nonferrous metals are more scarce and more valuable than ferrous metals because pricing can fluctuate and though pricing is important, you need to choose a vehicle for scrap collecting such as a pickup truck and you may wish to consider a 3/4 ton or larger pickup and an 18' utility trailer with a winch.

Of course, don't forget, this is metal and it can cut your fingers so wear protective equipment, and understand how to use it, as well as how to safely operate tools. Safety glasses, gloves, safety shoes, reflective vest and first aid kit are basic elements of safe collecting. In addition, because metal can generate loud sound, make sure you are wearing protection and a welding mask may also be required. Keep alert to moving traffic and equipment. You will need tools of the scrap collecting trade, such as a magnet, which helps identify ferrous metal and a grinding wheel, which can help identify metal type by what kind of spark it produces.

Additional equipment can include various hammers, screwdrivers, wire cutters, pocket knife, drills, pliers and pry bars. SCRAP METAL LAW: Code Citation: Scrap Metal Processors Revised Statutes Chapter 647 § 647.010 to § 647.145 (as amended by 2013 Nevada SB 235) Destruction of Property to Obtain Scrap Metal Revised Statutes Chapter 202 § 202.582 (as amended by 2013 Nevada SB 37) Materials Covered and Other Definitions “Junk” includes old iron, copper, brass, lead, zinc, tin, steel and other metals, metallic cables, wires, ropes, cordage, bottles, bagging, rags, rubber, paper, and all other secondhand, used or castoff articles or material of any kind, but does not include Scrap Metal.


There is a tremendous amount of industrial recycling as well. Metals have managed to find their way into a variety of products that can be found on construction sites across the globe. For example, recent technological advances have made it possible for plastic bags to be turned into plastic lumber. Think about how beneficial this can be for the environment, now that we can substitute trees for plastic bags.

This will revolutionize an entire industry, and will reduce the carbon footprint of new buildings. The Institute of Scrap Metal Recycling Industries has compiled a great list of statistics that demonstrate the potential for this young industry. In 2009, 479 million lbs. of post-consumer non-bottle rigid Metals were recovered.

This is a 47% increase since 2007. In 2010, the US exported more than $940 million plastic scrap. There is an 80–90% reduction in energy consumption when producing recycled plastic compared to producing plastic from virgin materials. In 2009, 854,377,000 lbs. of postconsumer plastic film were collected for recycling.

Although this may seem like a win-win for everyone involved, the Metals recycling industry still faces some headwinds. These challenges range from the inaccurate perception that recycled materials are inferior to virgin materials to regulations that didn’t include the possibility of recycling Metals.



I'd like to buy and sale scarp metal in Oklahoma junk cars all metal copper brass steel all kinds aluminum cans Can Individuals sales buy and sale scrap metal I need a scrap metal exporter license?

What I gave to do? Do I need both export & import licence?

One license can be used all states? This is Mo. can you help me what are the process to open scrap metal international trading company in nj i am not able to understand.

what you are trying to say My son want to start scrap metal business from home how much will it cost me for a cleaning/scrap metal license Where do I go in Bradenton fl to get a scrap metal permit.
Precious Metals and Minerals mining, selling to major refineries and jewelers Nationwide. Collection of rare stones and geological specimens to examine and sale to the world. Dealing Gold, Silver, Platinum, palladium, diamonds, gems, and minerals including meteorites.

A: It is perhaps a good move to buy and sell precious metals such as gold, silver, titanium because as gold has increased almost 400% since 2007 and tripled in the last few years, it is recommended as an investment.

After you decide what type of metals to sell and find wholesalers to buy them to have the necessary inventory to start your business, you need to find a location to set up your business and then apply for your business license.

You will also need a state calibrated scale and the licensing as described below:
Keep in mind that because you are dealing with super expensive inventory, you will need to have a secure retail space and get good insurance in case of metals loss such as a break in or robbery.

Even though a brick and mortar store is classic, you can also sell online or selling metals in auctions. Of course, you need to stay savvy about fluctuation of this industry because indeed, you do need to know the metals prices to stay profitable and on top of the business.


First, check the Legal and Tax Business Structure

To set up and register your Precious Metals Sales business, it does not matter whether your business is an online, home, store, concession stand or a mobile cart, you will have to first select a business type entity from these tax structures:

Namely, from sole owner/proprietor, partnership, LLC or corporation.

It does not matter which Precious Metals Sales business entity you choose as far as a General Business License is concerned because all entities need a business license and that is because all businesses need, well, a business license. (Note that that is not a specific license to your type of business it is a BUSINESS license) as well.

Using a Precious Metals Sales company trade name subjects you to having to file a DBA . For instance, your name is Donald Tramp, and you do business as Best Items By Tramp, the Tramp name must be registered with a DBA Doing Business As certificate because it is not your full legal name (namely, Donald Tramp.

Also, note that whatever item that you sell or lease and it is an item that can be touched (i.e., tangible such as equipment, jewelry, merchandise, electronics, prepared food) requires a sales ID ( Sellers Permit ) to either buy or sell the items or products wholesale from companies that sell in bulk and or sell them retail directly to consumers. The seller's permit is also called a sales tax ID, a state ID (there are 2 state IDs and the other one is called an state employer ID but you most likely need the sales tax ID from the state ).

Getting people to work for your Precious Metals Sales business anytime within 30 days of starting your business subjects you having to get a Federal EIN and a State EIN (employer identification number).

On the other hand, you will also need a federal tax ID if you are a partnership, an independent contractor, and a corporation or an LLC .

It is always a good idea obtain a federal tax ID as a sole proprietor and use it as a business tax ID in the place of a social security number.

However, you will still need other filings Precious Metals Sales business tax registrations, such as permits, a fictitious business name DBA, and tax IDs as described above. For example, if you want to be an LLC, you must obtain an LLC certificate and an LLC operating agreement as well as an EIN.

You need the EIN to be the LLC ID in addition to being an Employer ID if you hire workers.

Finally, even sole proprietor working from home or just online can set up a LLC or incorporate, in which case, they will not need to register the trade name with a DBA because the LLC or Corporation name will be the legal name of the business.

A DBA stands for Doing Business As and it is also called a fictitious, assumed, trade firm or business certificate trade name.

 
01960 Gold Buying And Selling
I’m looking forward to purchasing and selling gold in effort to raise capital capacity. I will be purchasing gold from AFRICA and shipping to the United States to sell.
A: Here is What Licenses you need to start a Gold Buying And Selling .
1. A business license,
2. A seller's permit,
3. An LLC, DBA, or S Corp. Certificate and the Corp. Bylaws
4. An EIN
5. A State EIN if you will hire employees.



01960 Gold Buying And Selling
 



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