A wholesale jewelry business can be very successful for those who have the determination and drive to buy and sell quality products. But in order to sell wholesale products in most states, you will first need to obtain a wholesale jewelry license in the state where your business is located. All states will provide varying requirements in order to obtain this license, but anyone wanting to work as a wholesaler of jewelry in the United States must have a license.

The first step in getting a wholesale jewelry license is to know where to get in from in your particular state. Some states have different names for this license, including resale license, resale permit, resale certificate or state tax resale ID. These all represent the ability to sell products wholesale. To find the correct office to obtain your wholesale license, refer to your state’s Department of Revenue.

The main reason that states want a business to have a wholesale jewelry license is that it helps to ensure that the proper taxes from the business are collected each year. This is not the taxes that the wholesaler pays—wholesalers usually buy goods tax free. The government is keeping track of the taxes charged to consumers for buying the product.

In order to get your wholesale jewelry license, you may also need to provide a federal tax ID (also known as an Employment Identification Number) to the state. This is the same concept as the state tax ID that is provided with the wholesale license.

The last step to obtain a wholesale jewelry license is to also file a Doing Business As (DBA) certificate. This is only required for businesses that work under a company name other than the name of the owner or businesses that are not already set up as an limited liability corporation (LLC).

If you want to make sure your license application is a success, hire a professional to assist you with your tax ID and wholesale license applications.

Remember that all businesses working in wholesale products will need to have a license whether they work out of a commercial retail space or out of the home. And once you have your license, you will be able to buy wholesale products and sell the goods as wholesale stock or as retail stock. A single license from your home state is all you need to sell wholesale jewelry online or through a catalog.