A Business License is an excise tax levied on the privilege of doing business within the city limits of North Myrtle Beach. Any person(s) engaged in or intending to engage in any calling, business, occupation or profession within the city limits of North Myrtle Beach is required to pay an annual license fee and obtain a business license. This includes businesses ran from your home.
The Business License Office is located at 1018 2nd Avenue South, North Myrtle Beach
Fees are based on the gross receipts of your business, as reported for federal tax purposes. Gross receipts are the total revenues generated by the business.
Gross receipts from business done outside the city limits for which a license tax is paid to another municipality or county is also exempt. State and Federal sales and excise taxes are not considered income and are exempt. No other exemptions or deductions are allowed.
The license fee for a new business is based upon an estimation of gross receipts from the first day of operation until April 30. If you were in business for less than the full license year, the second year's license fee is based upon an estimation of gross receipts for the next full year (12 months). Thereafter, the reporting period for renewals is based upon the preceding calendar or fiscal year as reported on your federal tax return
The Business License Year begins May 1st and ends on April 30th. Penalties are assessed beginning May 1st, at the rate of 5% per month with no cap, until all license fees and penalties are paid.
Every person engaged or intending to engage in any calling, business, occupation or profession within the city limits of North Myrtle Beach is required to pay an annual license fee and obtain a business license. Even if your business is run out of your home, you are required to obtain a business license.
