Who needs a wholesale license in New Jersey?
Any business that intends to resell goods purchased at wholesale prices needs a wholesale license, including limited liability companies (LLCs), sole proprietorships, partnerships, and corporations.
What are the benefits of having a wholesale license in New Jersey?
The primary benefit of obtaining a wholesale license for your New Jersey business is you can avoid paying sales tax on the goods you intend to resell. It is worth noting that you have to pay sales tax on office supplies, maintenance services, and other such purchases considered business operating expenses.