Contributing 

Do I need to register my e-commerce business?

Leia Doyle

Do I need to register my e-commerce business?

All companies require a business license, whether they sell online or from a brick-and-mortar storefront. You will typically need to renew your business license annually. Ecommerce licenses don’t differ significantly from brick-and-mortar business licenses.

How do I register my small eCommerce business?

Steps to Start an eCommerce Business

  1. Write a Business Plan.
  2. Choose a Business Name.
  3. Choose Your Business Entity Type.
  4. Register Your Business.
  5. Get an EIN.
  6. Set Up Business Bank and Credit Accounts.
  7. Obtain Business Licenses and Permits.
  8. Establish Vendor Relationships.

How do I start an eCommerce business legally?

How to start an e-commerce business

  1. Step 1: Research the e-commerce space and find your niche.
  2. Step 2: Select your business name and choose a legal structure.
  3. Step 3: Apply for an EIN.
  4. Step 4: Obtain business permits and licenses.
  5. Step 5: Choose an e-commerce platform and create your website.

Do you have to register an e-commerce business UK?

How to register your e-commerce business. Once you have decided on your business’ initial path, you will need to register it via the HMRC website. If your e-commerce business is already up and running and you would like to change its entity structure, you can also do this via the HMRC website.

Can we register a company online?

As the registration process of the company is completely online, Digital signatures are required to file the forms on the MCA portal. DSC is mandatory for all the proposed directors and the subscribers of the memorandum and articles of association.

Do you need to register a business for Shopify UK?

How to Register Your Shopify Store as a Business. The quickest and easiest way to register your business with HMRC is to apply to be self-employed. Even if you are currently not making much money in profit but have crossed the £1,000 income threshold, you must still register with HMRC and complete a tax return.

Is Shopify self-employed?

The IRS classifies your Shopify earnings as self-employed income, and you need to cover the associated taxes. Since you don’t have an employer managing payroll taxes, you have much more tax responsibilities than a typical employee.