Legal Question in Business Law in New York
I want to start Online EBay business in USA. Want to find out the Licenses required and the cost to obtain the licenses.
Also I would import my artificial jewelry from India but the value wud be less than $200.
Please advice me the licenses required and from where cud i get it.
2 Answers from Attorneys
One does not need a license to start selling on Ebay, however it is highly recommended that you incorporate to limit liability as well as gain certain tax advantages.
As far as importation of goods, this question cannot be answered based on the limited information you provided. Importation regulations are fairly complex and depend on the type of merchandise, the number of pieces, the value of such merchandise, whether there are any specific importation rules that pertain to such merchandise and whether a treaty exists with the various countries in the chain of manufacturing.
It is highly recommend that you seek the advice of an attorney and that of a customs broker.
Roman R. Fichman, Esq.
www.TheLegalist.com │ @TheLegalist
email: Info (at) TheLegalist (dot) com
Disclaimer: This posting has been written for educational purposes only and was not meant to be legal advice and should not be construed as legal advice. You should always consult an attorney admitted to practice in your jurisdiction for specific advice.
IRS CIRCULAR 230 DISCLOSURE: To ensure compliance with requirements imposed by the IRS, we inform you that any tax advice contained in this communication (including any attachments) was not intended or written to be used, and cannot be used, for the purpose of (i) avoiding tax-related penalties under the Internal Revenue Code or (ii) promoting, marketing or recommending to another party any matters addressed herein.
As a Franchise Attorney can add this. In addition to being a seller on eBay, you can also be a featured seller and have an online store on eBay. Consult with a good business or franchise attorney in your area for specific advice.
Mr. Franchise - Kevin B. Murphy, B.S., M.B.A., J.D.
Franchise Foundations, a Professional Corporation
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