City Announces Upcoming Changes in Privilege Licensing Process

"GREENSBORO, NC (June 13, 2014) – Due to recent state legislation that changes business licensing for FY 2014-15 and eliminates the ability of local municipalities to charge privilege license taxes in FY 2015-16, the City of Greensboro has changed its licensing process and schedule.

Existing Businesses
Businesses physically located in Greensboro city limits will still need to renew their privilege licenses for FY 2014-15. There is no change in the renewal rate. Renewal deadline for these businesses is July 1, however, the City is extending the date penalties will be assessed to August 1, one month later than in the past due to the state-wide changes. At the end of the next fiscal year, June 30, 2015, all businesses will no longer need a license, with the exception of beer and wine privilege license holders. License renewal forms will be mailed to businesses located in the city limits in the next couple of weeks. Renewal payments may be made online at www.greensboro-nc.gov/PayOnline, mailed in or hand-delivered. Learn more at www.greensboro-nc.gov/PrivLic.

Businesses that currently have a City privilege license, but who are located outside city limits, will no longer need a license on July 1, 2014 and forward, so they will not be sent a renewal notice.

New Businesses
New businesses opening now and until June 30, 2015, which are physically located in Greensboro city limits, will still need to obtain a one-year privilege license until June 30, 2015. After that, new businesses – regardless of whether they are located in city limits or not – will no longer need a City privilege license.

Exceptions

Businesses that hold beer/wine privilege licenses are not affected by the new state legislation and must still receive a license each fiscal year to operate in Greensboro."
A Press Release

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