are required to do these steps even if you have an
online or at-home business.
Get a Tax ID
All businesses — except sole proprietorships
with no employees — must apply to the
Internal Revenue Service for a federal employer
identification number.
Register for Taxes
Before you begin business, you must first find
out if your business activity or products used
are subject to sales or use tax. If it is, you must
register with the Florida Department of Revenue
to collect those taxes. Some businesses also are
subject to federal taxes. Contact the IRS for more
information.
Personal Property Tax
All counties tax the personal property or business
equipment of businesses.
Local Business Tax Receipts
Nassau County does not require Local Business
Tax Receipts, often referred to as business
licenses. However, Callahan, Fernandina Beach
and Hilliard require all businesses within their
municipal limits to obtain a Local Business Tax
Receipt.
Get Licenses and Permits
A variety of businesses and professions are
required to obtain specific licenses issued by
the Department of Business and Professional
Regulation. Some professionals may be
licensed through other agencies including the
Department of Financial Services, Department
of Agriculture and Consumer Affairs and the
Department of Health.
Business in Nassau
Report Employees
If you have employees, you must report newly
hired and re-hired employees to the Florida New
Hire Reporting Center. Employers must withhold
from salaries of their employees for federal tax
purposes as well as pay Social Security taxes.
Most businesses with one or more employees
must contribute to a federal fund that pays
unemployment insurance to workers who have
been laid off.
Workers Compensation
Florida law requires any non-construction
business employing four or more people and any
construction business with at least one employee
must obtain workers’ compensation insurance.
The Chamber can help connect you with a
Florida-licensed insurance agent.
THE CHAMBER IS
YOUR RESOURCE FOR:
Statistics, industry data
& demographic information
Financing options
Minority, women, veterans resources
Employee recruitment
Networking
Legal referrals
Insurance information & referrals
Permitting & licensing referrals
Financial, accounting
& bookkeeping referrals
Marketing resources & referrals
Mentoring & guidance
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