This is required for any business operating in the city and is issued by the Department of Licenses and Inspections.Step 3: Understand the taxes you’ll have to report
There are more than a dozen types of business taxes in Philadelphia, ranging from the business income and receipts tax to the outdoor advertising tax. Some are specific to certain industries, such as hotels or liquor sales. You should be aware of which ones your business could be responsible for paying.If it seems that there are a lot of taxes to consider, well, there are. But Karen Fegely, deputy commerce director at the city’s Commerce Department, says the city does have programs to help mitigate some of these costs for start-ups.
“Businesses with $100,000 in Philadelphia taxable gross receipts or less do not have a BIRT liability and are not required to file a return,” she said. “Additionally, new businesses that employ six people in the first two years of operations can receive a two-year tax holiday on the BIRT.” Fegely also says that additional tax credits such as the Job Creation Tax Credit can offer $5,000 per job created in Philadelphia, so long as additional requirements are met.Depending on the type of business you start — particularly if you’ll be receiving customers or outside visitors to your location — you may need to get zoning permission from the city.
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