Do you need to register a company to sell online?

Full Member
hilbert_space
Posts: 1
Joined: 19 Dec 15
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19 Dec 15 12:37:23 pm
I'm new to the e-biz world. I was wondering, if anyone knows:

1. I know some people sell some things on eBay and are just individuals. But if I wanted to started a e-commerce business, say, on Shopify, do I need to register a business with the local government? Or can I run the biz as an individual?
2. I heard somewhere, not sure if it is true, that wholesellers will only do biz with businesses and not individuals...any truth to this?

Thanks!

Site Admin
fudjj
Posts: 5913
Joined: 27 Jul 07
Karma: 
19 Dec 15 07:51:41 pm
Hi Leon and welcome to the forum,

Plenty of people trade online without having a registered business, but you always have to be aware of any tax liabilities that may be applicable. Regarding suppliers, as a general rule, wholesaler's certainly won't deal with a non-business entity and while some dropshippers will, it is becoming common place for them to also require a tax id to open accounts also.

So yes, possible to trade as you are, but it does limit your supply resources to a degree.

Cheers


Mark (fudjj)

Community Manager
SaleHoo.com

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Full Member
william232
Posts: 206
Joined: 19 Oct 08
Karma: 
2 Jan 16 09:55:24 am
to be honest being registered for tax can help if you start charging however personally i dont see it is worth while for me to you dont need be registered for tax.

if you really wanted you could easily use amazon is your supplier instead.

Full Member
nguyenductrong.kh
Posts: 10
Joined: 19 Apr 16
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27 Apr 16 10:33:20 am
Hi ,

I am non-USA seller. Do I need register business, and which tax I have been charged? I am dropshipping

Brs,

Trong Nguyen

Site Admin
fudjj
Posts: 5913
Joined: 27 Jul 07
Karma: 
27 Apr 16 07:14:55 pm
Hi Trong,

Registering a business to sell online will be a personal choice for you, it might be something you want to consider for your own tax purposes in Vietnam, but it's not a requirement to start selling online, especially dropshipping. You may find some suppliers that do require a tax ID to open an account, that would be an issue without being registered, however that is mosty something wholesalers will require.

So if you find a supplier that does require a tax ID to open an account with them, then having a local Vietnamese tax ID will be the only way around that.

Cheers


Mark (fudjj)

Community Manager
SaleHoo.com

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