New Federal Requirement: Starting January 1, 2024, most business entities in the US will need to report Beneficial Ownership Information.

Answers

Transferring tobacco license

Asked by: Catina  — 14 February, 2012

We are buying a business with a current tobacco license. Can we transfer that license into our name, or do we have to obtain a new one? This business is located in Pennsylvania.

Answered by: admin  — 14 February, 2012

Dear Catina,

Tobacco wholesales, retailers and vending machine operators must be licensed as dealers by the Pennsylvania Department of Revenue. These licenses are not transferable, so when business ownership is transferred, the new owner is responsible for obtaining a new tobacco license.

For more information please visit our Pennsylvania Retail Tobacco License page. Our experts will guide you through the process to ensure your business holds the proper license.

Ask Incorporation Question
Please enter your full name
Please enter your email address
Please select your phone number
Please select
Please enter text message
Begin Web-Stat code v 6.0