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If the tax identification information will remain the same, then yes. If a new business entity will be formed with a new tax identification number, then your account must be closed, and the new owner will be responsible for opening a new account. Business licenses are non-transferable.
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The cost is determined by how many employees work in the Town of Telluride. For a short-term rental, it is determined by how many sleeping rooms (including lofts/nooks) are in the unit. See Telluride Municipal Code Section 6-1-20.
All business licenses expire December 31st and must be renewed January 1st. Payment for business licenses is due no later than January 6th.
Licenses are only prorated in the final quarter of the year (October 1). The fee is half off the regular fee.
If you have any physical presence in town, i.e. meeting clients, advertising, delivering goods in exchange for money, a business license is required.
No. If you do not have a physical presence in the Town of Telluride, you do not need a business license, however, a sales tax license may be required. To apply for a sales tax license, follow these instructions. The process is the same as obtaining a business license., but during the application process, indicate in the description that you need a sales tax license only. The business license administrator will approve you for a zero-fee business license with an attached, non-expiring, sales tax license.
No. Telluride is a Home Rule Municipality and requires all business license owners doing business within the Town of Telluride to have a local business license, as well as being registered with the state. We also self-collect sales tax, so you will pay tax to the state and to the Town of Telluride separately.
Yes. Please contact the Telluride business license administrator at (970) 728-2159 to inform them of the sale date so they may close your account. You will continue to receive email notifications until your account is closed. An account cannot be closed until all taxes owed the Town have been remitted.
Before your license can be approved, you must submit a notarized Residential Rental Affidavit (Affidavit) to the Town. There are rental restrictions in the Residential Zone and the Affidavit is required pursuant to Telluride Land Use Code Division 6. A new business license will not be approved until the Affidavit is submitted.
You may rent your property for no more than three times in a year (Jan-Dec). These rentals may not accumulate to more than 29 days total. If you rent over the amount, your account will be processed by the legal department and you could be fined up to $1,000 per day of violation. See Understanding Short-Term Rental Regulations for additional information.
No. The Town of Telluride utilizes a paperless business licensing system called MUNIRevs. Electronic applications are required through telluride.munirevs.com. Computers at the Wilkinson Public Library are available.