Secondhand dealer form 2025

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A business that dismantles and converts a salvaged or wrecked motor vehicle, or a portion of the vehicle, into scrap metal must register with the Florida Department of Revenue as a dealer to collect and report sales and use tax and as a secondary metals recycler.
Licensing: Depending on where youre located, you may need to obtain a license to buy and sell gold, silver, or jewelry. This is typically required by state and local governments and is intended to ensure that sellers are operating within the law and are not engaging in fraudulent or deceptive practices.
If you register as a secondhand dealer and a secondary metals recycler at one location, you must pay the $6 registration fee for each license (2 x $6 = $12).
Every person or business entity must register with the Florida Department of Revenue as a sales and use tax dealer and as a secondhand dealer or secondary metals recycler before engaging in business in Florida.
Tax Free Precious Metals There is no tax on sales of precious metals in any form above a value of $500.

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There is no actual state license for gold and silver bullion dealers in the state of Florida. In Broward County we also hold a Secondhand Dealer/Gold and Silver license that is required for us to buy back your gold and silver scrap items.

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