"I need to get more information from the employer, they weren't very clear as to what is expected." Are you saying that the employer is asking you to place your license to "inactive" status? What is the reason, conflict of interest?
Inactive status waves the CEU, fees etc. Making your license inactive is easier to do, however, reactivating will take some time and require documents to be submitted.
I would highly recommend that you keep your license active if you are planning on utilizing it again in the future. ; you don't have to have business permit etc. as it is mentioned.
NEW J ERSEY A DMINISTRATIVE C ODE T ITLE 1 3 L AW AND P UBLIC S AFETY C HAPTER 3 1 B OARD OF E XAMINERS OF E LECTRICAL C ONTRACTORS
Read the section:
13:31-2.5 LICENSE REACTIVATION a) A licensee who holds an inactive license pursuant to N.J.A.C. 13:31-2.4(c) may apply to the Board for reactivation of the inactive license. A licensee seeking reactivation of an inactive license shall submit: 1) A renewal application; 2) A certification of employment....................Read the whole section.