Licenses and permits to open a toy store in Plano

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

   Certificate of Formation (Texas LLC)

   Texas Secretary of StateTexas

   Filed online in SOSDirect, or by mail or fax.

   Fee

   $300

   Filed

   Filed online

   Takes

   No standard time published; paid expedited service typically takes 2 to 3 business days.

   File on the agency's siteHow to fill it

3. 3

   Assumed Name Certificate (DBA)

   Texas Secretary of StateTexas

   Filed when the store trades under a name other than the legal name.

   Fee

   $25

   Filed

   Filed online

   Takes

   No standard time published; paid expedited service typically takes 2 to 3 business days.

   Renews

   Valid up to 10 years.

   File on the agency's siteHow to fill it

4. 4

   Texas Sales and Use Tax Permit Application

   Texas Comptroller of Public AccountsTexas

   Apply online in eSystems before your first sale; one permit for each location.

   Fee

   Free

   Filed

   Filed online

   Takes

   Permit arrives in about 2 to 3 weeks.

   Renews

   Does not expire.

   File on the agency's siteHow to fill it

5. 5

   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

6. 6

   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

7. 7

   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

8. 8

   Unemployment tax account

   Texas Workforce CommissionTexas

   Register online once you pay wages in Texas.

   Fee

   Free

   Filed

   Filed online

   Takes

   Account number issued instantly online.

   File on the agency's siteHow to fill it

9. 9

   Certificate of Occupancy

   City of Plano Building InspectionsPlano

   Required to occupy any nonresidential space, and again when the business, its name or owner changes or a new tenant moves in. Submit the packet with the application fee; Building Inspections, Planning and, for a restaurant, Environmental Health review it and inspect. It must be approved before staff move in, stock arrives or the doors open, and it's posted on site.

   Fee

   Varies

   Filed

   Filed in person

   File on the agency's siteHow to fill it

10. 10

    Franchise tax annual report

    Texas Comptroller of Public AccountsTexas

    Filed every year by May 15, even when no tax is due.

    Fee

    Free

    Filed

    Filed online

    Takes

    The Comptroller doesn't publish a processing time for the report; the annual franchise tax report is due May 15 (next business day if it falls on a weekend or holiday).

    Renews

    Every year by May 15.

    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 Plano</strong></p><ol><li>Application for Employer Identification Number (EIN) (Internal Revenue Service)</li><li>Certificate of Formation (Texas LLC) (Texas Secretary of State)</li><li>Assumed Name Certificate (DBA) (Texas Secretary of State)</li><li>Texas Sales and Use Tax Permit Application (Texas Comptroller of Public Accounts)</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 tax account (Texas Workforce Commission)</li><li>Certificate of Occupancy (City of Plano Building Inspections)</li><li>Franchise tax annual report (Texas Comptroller of Public Accounts)</li></ol><p>Source: <a href="https://placetta.com/guides/plano/toy-store.html">Placetta license guide</a></p></div>Copy the code

More on opening in Plano

• How much permits cost to open in Plano
• How long permits take in Plano
• Opening in Plano as a foreign company
• Hiring your first employees in Plano
• Build-out and occupancy permits in Plano
• Importing goods into Plano
• Renewals and annual filings in Plano

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?
• Does a Texas LLC have to file a franchise tax report if it owes no tax?

Other businesses in Plano

• 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.