Do you own a business operating in the state of New Jersey? If so, you may need to acquire licenses and permits to ensure that your company operates in a compliant fashion.
But how do you determine which permits and licenses you need (if any), and where do you acquire them? In this guide to New Jersey business licenses and permits, we’ll answer all the tough questions about this process.
Are There Federal Licenses That My Business Needs?
First off, let’s discuss the matter of federal licenses and permits. There are many business activities that are regulated by various federal agencies, from agriculture to transportation and logistics. We recommend taking a look at the U.S. Small Business Administration’s guide to federal licenses and permits to make sure you’ve got your bases covered.
In addition, most businesses should acquire a federal tax ID number, also known as an EIN (employer identification number). This is essentially a social security number for your business, and it enables you to hire employees, pay business taxes, open business bank accounts, and more. You can acquire an EIN from the IRS for free.
What State-Level Licenses and Permits Apply in New Jersey?
Though you will need to register your business in New Jersey, there is no general business license requirement in the state.
However, according to the state of New Jersey, “if you are a registered business in New Jersey, your company or members of your staff may be required to hold professional or occupational licenses. You may also need construction or safety permits as well as environmental licenses for certain business activities. The New Jersey Business Action Center makes it easy for you to find the State licenses and permits you need.”
The New Jersey License & Certification Guide is also a great resource for licensing information.
Which Tax Registrations are Required for New Jersey Businesses?
In addition to occupational licenses and permits, there are a number of state-level tax registrations, which are based on the industry you operate in and which business structure your company uses.
New Jersey corporations are subject to the Corporation Business Tax, and most businesses will need to pay Sales and Use Tax and Withholding Tax.
Additionally, there are numerous tax requirements in New Jersey that only apply to specific industries and professions. For example, hotels and motels must pay a special fee to the state, and fur clothing retail businesses also have special tax obligations. You can learn more about New Jersey’s industry-specific taxes right here.
Are There Local Licenses, Permits, or Registrations in New Jersey?
The answer to this question obviously depends on where in New Jersey you’re operating your business, but there are indeed quite a few licenses, permits, and tax registrations required by New Jersey localities.
All local business permits are managed at the city or county level in New Jersey. You will need to contact your local city or county clerk for more information.
If we were to break down the exact rules and regulations regarding permitting in every locality in the state of New Jersey, this article would become excessively lengthy. With that in mind, we’ll simply say that every business owner should check with their local government to determine whether there are licenses, permits, or tax registrations required to operate in compliant fashion.
Can I Hire Someone to Research Licenses and Permits for My Business?
If this process sounds like a bit of a hassle, that’s because it certainly can be. If you would rather hire a reputable business services provider to handle this for you, that is always an option.
Companies like Incfile can research the necessary licenses and permits for your company on the federal, state, county, and municipal levels. They will then send you the applications you need to acquire these permits and licenses, meaning all you need to do is fill them out and mail them in.
There is no one-size-fits-all answer for the question of which licenses and permits your business might require to operate in the state of New Jersey. Instead, it’s important that you know how to access the resources to determine which permits your company needs to operate in a compliant fashion.
We hope this article helped you to do just that, and we wish you good fortune in your business future!