Starting a business in Maine is an exciting venture, but it’s crucial to understand the legal requirements that come with it. A common area of confusion for many new business owners is understanding the need for a Sales and Use Tax Permit, also known as a seller’s permit. This permit allows you to collect sales tax on taxable products and services from customers in Maine.
This blog will guide you through each step of applying for a sales tax permit, with clear instructions to help you and your business begin collecting sales tax effortlessly.
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Who Needs a Seller’s Permit in Maine?
A business must register for a sales tax permit in Maine if:- you meet physical or economic nexus within the state and
- you are selling taxable products or providing taxable services to customers in Maine
How to Register for a Seller’s Permit in Maine?
When applying for a Maine Sales and Use Tax Permit, you can use the online application process on the Maine Revenue Services website to complete your sales tax registration.1. Where to Apply for a Seller’s Permit in Maine?
The first step to register for a sales tax permit online is to go to Maine Tax Portal (MTP) and click on “Register a New Business” found in the Businesses section. You will then land on the Business Registration page, which will show you some basic notes to keep in mind before you start your registration, the tax types you can register through this form, and the requirements for completing your registration for a seller’s permit in Maine. Here are some important instructions to take note of when applying for a seller’s permit in Maine:- In the “Address” section of your Business Registration, you will need to verify your address by clicking the blue hyperlink with the title “Address needs to be verified by USPS”
- You will need to include at least one of the following documents to support your registration:
- Articles of Incorporation/Articles of Organization
- SS4 (IRS Determination Letter)
- A Corporate Income Tax return with the owners information
2. What Information Do You Need to Get a Seller’s Permit in Maine?
To successfully acquire a seller’s permit in Maine, it’s important to prepare and provide specific information and documents. The following is a list of the necessary information and documents required to register a sales tax permit in Maine:- Business Identification Information: Legal Business Name, Physical Address, Mailing Address
- Business Entity Structure (i.e., Sole Proprietorship, Partnership, Subchapter S Corp., Corporation, LLC, etc.)
- Federal Employer Identification Number (EIN or FEIN)
- Name, Address, and SSN of Owners, Partners, or Officers
- Business Activity Details: Date & State of Incorporation, Start Date with the State of Maine (Nexus Start Date), Estimated Monthly Sales Tax Liability and Estimated Monthly Taxable Sales in Maine
- NAICS Code
3. How Much are the Fees for Applying for and Renewing a Seller’s Permit in Maine?
Registering for a sales tax permit in Maine is free, and you won’t need to provide payment details to acquire your permit. Maine sales tax permits do not need to be renewed and remain valid for as long as the business exists without any changes in ownership or structure.4. What are Other Ways to Register for a Seller’s Permit in Maine?
- Use TaxHero. Registering for a seller’s permit, mainly when it involves multiple permits, can be a tedious and time-consuming task requiring much effort. Let the experts at TaxHero save you from this hassle, and let us handle the registration process in all states where you have nexus as part of our all-inclusive sales tax service.