You must provide copies of all the required and special licenses (e.g., city, county, and state business licenses, special licenses, etc.)?
Surprisingly, many of our clients do not have the required county or state license when we speak with them. For example – If your business is located in Fairfax County, Virginia you must have a Business Professional and Occupational License (BPOL).
If special licensing is required for the industry in which your business operates, such as a general contractors license, professional engineering license, professional certification, etc. is the license in the name of the business with the 8(a) Applicant being the qualifier?
Generally, all required licenses must be in the name of the 8(a) Applicant and not one of the other individuals you identify within your certify.sba.gov 8(a) Application. The only exception is if the individual holding the license is not an equity holder in your business and you have ultimate supervisory control over this individual. Additionally, if your business is applying for a two-year waiver the 8(a) Applicant must the holder of all required licenses to meet the potential for success criteria.
If the business is in the sales industry, provide a copy of your resale license, seller’s permit or state sales tax permit.
Make sure that this license or permit corresponds to the correct location, legal structure for your business and business activity.
Finally, here are some additional tips you should look out for:
Make certain that your resume uploaded to certify.sba.gov refers to any specialized licenses you hold.
Provide the above for all business locations and not just the principal office location.
Ensure the business location covered by the license corresponds with the address indicated within certify.sba.gov.
Last, but not least, ensure that the above are current and not expired.
