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Can I offer a loyalty program for my customers in North Carolina? What are the requirements?
Based on the provided context documents, there are no specific legal requirements or restrictions for offering a loyalty program for customers in North Carolina. However, it is important to note that discount buying clubs operating in North Carolina are required to pay North Carolina sales taxes and other applicable North Carolina taxes [2.2].
If you are a North Carolina-based business and interested in applying for federal Small Business Innovative Research (SBIR) grants or Small Business Technology Transfer Research (STTR) grants, you may be eligible for the North Carolina SBIR/STTR Incentive Program. The program provides grants to eligible businesses to offset costs associated with applying for federal SBIR/STTR grants [1.1].
If you are a discount buying club operating in North Carolina, you are required to obtain and maintain a bond from a surety company licensed to do business in North Carolina and hold advance payments for goods and services in trust in a separate account used solely for that purpose [2.1].
If you are a North Carolina-based business interested in applying for federal SBIR/STTR grants, you may be eligible for the North Carolina SBIR/STTR Incentive Program [1.2].
In summary, there are no specific legal requirements or restrictions for offering a loyalty program for customers in North Carolina. However, if you are a discount buying club operating in North Carolina, you are required to pay North Carolina sales taxes and other applicable North Carolina taxes, obtain and maintain a bond, and hold advance payments for goods and services in trust in a separate account used solely for that purpose. If you are a North Carolina-based business interested in applying for federal SBIR/STTR grants, you may be eligible for the North Carolina SBIR/STTR Incentive Program.
Source(s):
- [1.1] North Carolina SBIR/STTR Incentive Program.
- [1.2] North Carolina SBIR/STTR Matching Funds Program.
- [2.1] Bond and trust account required.
- [2.2] Taxes.
Jurisdiction
North Carolina