How to Start Cash for Gold Business: North Carolina

Congratulations on starting your business in North Carolina. The first step for starting a cash for gold business is to determine if you need a license to purchase scrap gold from the public. Step one if you plan to operate in North Carolina is contacting Business Link North Carolina and speaking with one of their […]

California Scrap Gold License

CALIFORNIA SALES TAX EXEMPTION THRESHOLD RAISED Dec 4th, 2008 – Beginning January 1, 2009, the threshold for the California State sales/use tax exemption will become $1,500 instead of the current $1,000. All California dealers and any dealers who attend shows held in California will have to comply with this new exemption requirement. After January 1, […]

Cash for Gold Business License

How to Start a Cash for Gold Business After investing in our “How to Start a Cash for Gold Business Guide,” one of the first questions we are always asked is: Do I need a license to start a cash for gold business? How do I find out? Is a cash for gold business license required […]

Texas Scrap Gold License

Effective January 1, 2012, a person operating as a crafted precious metal dealer in the State of Texas must register with the Office of Consumer Credit Commissioner (OCCC). As defined in Chapter 1956 of the Texas Occupations Code, a crafted precious metal dealer is a person registered to engage in the business of purchasing and selling […]

Scrap Gold Business License: Arkansas

Regarding the need for a cash for gold or scrap gold buying business license, it depends on where you are AND whether you are buying from the public.

Scrap Gold Business Licensing

As we wrote in earlier Posts, the need for a license to start a scrap gold buying and selling business is usually determined by your local authorities; city hall and/or police department.In a few cases, a scrap gold business or scrap gold party license is governed by your state or province.For example, here is a scrap gold party or scrap gold business, often referred to as a “Precious Metals Dealers License” or “Second Hand Metals Dealers License”