This package contains essential legal documents to assist individual or corporate buyers or sellers in the sale of a business. You may modify these forms to fit your particular circumstances. Some documents in this package are state-specific.
This package contains the following forms:
1) Agreement for Sale of Business- Sole Proprietorship
2) Asset Purchase Agreement
3) Bill of Sale for Personal Assets
4) Promissory Note
5) Landlord's Consent to Assignment of Lease
6) Retained Employees Agreement
7) Noncompetition Covenant by Seller
8) Profit and Loss Statement
9) Bill of Sale in Connection with Sale of Business by Individual or Corporate Seller
Purchase this package and save up to 40% over purchasing the forms separately!
The Alabama resale certificate with stamp is a legal document issued by the state of Alabama, allowing businesses to make tax-free purchases of tangible personal property that will be resold to customers. This certificate serves as evidence that the business is purchasing goods for resale purposes rather than for personal use. The Alabama resale certificate with stamp is an essential requirement for all businesses engaged in the resale of goods within Alabama. It enables the business owner to avoid paying sales tax on their purchases and pass that tax onto the end consumer when the goods are sold. There are several types of Alabama resale certificates with stamps, each serving specific purposes based on the nature of the business: 1. Regular Resale Certificate: This is the most common type of resale certificate issued in Alabama. It applies to businesses that engage in the regular sale of tangible personal property to customers. 2. Direct Mail Resale Certificate: This certificate is specifically designed for businesses engaged in the sale of goods through direct mail or catalog sales. With this certificate, the business can make tax-free purchases of merchandise that will be resold through these channels. 3. Occasional or Casual Sales Certificate: This certificate is suitable for businesses engaged in occasional or one-time sales events, such as yard sales or flea markets. It allows the business owner to avoid sales tax on purchases made solely for that specific event. 4. Contractor's Resale Certificate: This certificate is issued to contractors who purchase materials or equipment that will be incorporated into a construction contract. It allows the contractor to avoid paying sales tax on these purchases. In order to obtain an Alabama resale certificate with stamp, businesses must apply to the Alabama Department of Revenue. The application requires providing detailed information about the nature of the business, its sales activities, and projected sales volumes. Once obtained, the Alabama resale certificate with stamp must be kept on file by the business and presented to vendors when making tax-exempt purchases. The certificate should include the business's name, address, sales tax number, and expiration date, among other relevant details. Remember, obtaining and correctly utilizing the Alabama resale certificate with stamp is crucial for businesses engaged in resale activities within the state. It ensures compliance with Alabama tax laws while allowing businesses to operate more efficiently and competitively.
