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Most businesses that sell goods or services are subject to business tax and must register with the state Department of Revenue to set up an account to pay the tax. There are other licenses and permits required for certain types of businesses, including those selling alcohol to the public, insurance companies, agricultural and food service companies, and medical professionals.
Each of these permits or licenses is issued in a certain part of the state. If you need more than one permit, you will need to apply for each section separately.
When do you need a business license in Tennessee?
The most common business license required is a business tax license. If you sell goods or services in the state of Tennessee, you need this license. This includes out-of-state businesses that sell to people in the state, even by mail order. If you are located in a certain Tennessee city, you may also have to pay city business tax.
The threshold required for a business tax license is $3,000 in gross annual receipts. If you have between $3,000 and $10,000 in gross annual receipts, you may qualify for a small business license. Any business with a turnover of more than $10,000 must obtain a regular business license.
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