Get Pedicab Permit Application - City Of Santa Monica - Smgov

The City of Santa Monica Municipal Code requires all businesses operating in Santa Monica to register for a City of Santa Monica business license and to pay an annual business license tax.

Every person who engages in business within the City of Los Angeles is required to obtain the necessary TRC(s) and pay the business tax or obtain an exemption If your business is located within an unincorporated area within the County of Los Angeles.

Limited partnerships, corporations, and limited liability companies (LLCs) are all legally required to register within California. Only sole proprietorships are exempt.

Small businesses, defined as a business that earns less than $40,000 in worldwide gross receipts in a calendar year, that are located in Santa Monica can apply for exemption from paying business license tax. Even if an exemption from the license tax is granted, a business license is still required.

The City of Santa Monica Municipal Code requires all businesses operating in Santa Monica to register for a City of Santa Monica business license and to pay an annual business license tax.

In most California counties and cities, businesses must obtain a business license for tax purposes. Exceptions to this rule are most commonly found in some unincorporated areas of rural counties.

A taxpayer may be an individual or business entity that is obligated to pay taxes to a federal, state, or local government. Taxes from both individuals and businesses are a primary source of revenue for governments.

Small Business Exemption Applies to registered small business that do not have taxable and nontaxable gross receipts exceeding $100,000 from within and out of the City of Los Angeles (worldwide). Important Notes: Please note that the small business exemption is provided only for registered businesses.