Licenses and permits to open a toy store in Minneapolis

1. 1

   Application for Employer Identification Number (EIN)

   Internal Revenue ServiceUS federal

   Owners with an SSN or ITIN apply online. A company whose responsible party has neither (most China-based owners) faxes or mails Form SS-4, or calls the IRS international line.

   Fee

   Free

   Filed

   Paper form, faxed or mailed

   Takes

   Fax: about 4 business days. Mail: about 4 to 5 weeks. Phone: issued on the call.

   File on the agency's siteHow to fill it

2. 2

   Minnesota tax ID and sales tax registration

   Minnesota Department of RevenueMN

   Before any taxable sale, get a Minnesota Tax ID and a sales and use tax account in e-Services, or by phone at 651-282-5225.

   Fee

   Varies

   Filed

   Filed online

   File on the agency's siteHow to fill it

3. 3

   Create/Update Importer Identity Form

   U.S. Customs and Border ProtectionUS federal

   Sent to CBP (usually through your customs broker), or created in the ACE portal. Needed before your first entry as importer of record.

   Fee

   Free

   Filed

   Paper form, mailed

   Takes

   Up to 5 business days.

   File on the agency's siteHow to fill it

4. 4

   Customs Bond

   U.S. Customs and Border ProtectionUS federal

   Bought from a CBP-approved surety, usually through your customs broker, who files it electronically. A continuous bond covers a year of entries.

   Fee

   Varies

   Filed

   Filed on the agency's portal

   Takes

   At least 5 business days for review.

   Renews

   Continuous bonds renew yearly.

   File on the agency's siteHow to fill it

5. 5

   Product safety certificate, filed electronically at entry

   U.S. Consumer Product Safety CommissionUS federal

   The importer issues the certificate itself (there is no government form) and, under the eFiling rule, files the certificate data with CBP at entry.

   Fee

   Free

   Filed

   Filed online

   File on the agency's siteHow to fill it

6. 6

   Unemployment insurance employer registration

   Minnesota Unemployment Insurance Program (DEED)MN

   Every employer paying covered wages in Minnesota registers in Employer Self-Service, online or by phone, as soon as possible after the first wages and before the first quarterly wage detail report is due.

   Fee

   Varies

   Filed

   Filed online

   File on the agency's siteHow to fill it

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<div class="placetta-checklist"><p><strong>Licenses and permits to open a toy store in Minneapolis</strong></p><ol><li>Application for Employer Identification Number (EIN) (Internal Revenue Service)</li><li>Minnesota tax ID and sales tax registration (Minnesota Department of Revenue)</li><li>Create/Update Importer Identity Form (U.S. Customs and Border Protection)</li><li>Customs Bond (U.S. Customs and Border Protection)</li><li>Product safety certificate, filed electronically at entry (U.S. Consumer Product Safety Commission)</li><li>Unemployment insurance employer registration (Minnesota Unemployment Insurance Program (DEED))</li></ol><p>Source: <a href="https://placetta.com/guides/minneapolis/toy-store.html">Placetta license guide</a></p></div>Copy the code

More on opening in Minneapolis

• How much permits cost to open in Minneapolis
• How long permits take in Minneapolis
• Opening in Minneapolis as a foreign company
• Importing goods into Minneapolis
• Renewals and annual filings in Minneapolis

Questions people ask

• How do I get an EIN without an SSN or ITIN?
• How long does it take to get an EIN?
• Does a foreign-owned single-member LLC have to file Form 5472?
• How do I become an importer of record in the US?
• Do imported consumer products need a certificate of conformity?
• How much does a US customs bond cost?

Other businesses in Minneapolis

• Milk tea and bubble tea shops
• Coffee shops
• Restaurants
• Hot pot restaurants
• Bakeries
• Dessert shops
• Grocery stores
• Retail stores
• Cosmetics stores
• Importers and online sellers
• Warehouses and 3PLs

Agency requirements change. Check each agency's page before you file.