Financing, tax rates, and accounting
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Hi so I live in Egypt, and I was planning on drop shipping in the US, Canada, UK, Australia and other countries and I have only visa on me.
So, my questions are:
1- Will that be possible?
2- Since I only have visa will I only accept visa on my store or not?
3- Do I need to register my business?
4- Will I be charged different taxes since I am selling in deferent countries?
5- If I got any refunds where will these go?
6- What are all the legalities I need to know / do?
7- Will I need a bank account in my country
8- Will I need a bank account in every country that I will be selling in?
9- Will I get paid in Egyptian pounds or will I get paid in the current that the customer pays in?
10- Will taxes be automatically cut off?
11- Do I need a VAT number?
12- Do I need to register my business in my country
13- do I need to register my business in the countries I will be selling in?
14- what are the things I should know about my payments
Thanks