Financing, tax rates, and accounting
Anyone know if I can do a trial of a shop without first registering my biz? I hate to get legally encumbered unless I can expect some success
Hey @Jeedoomcbeedoo
That would probably depend on where you're located, and then the type of business that you are. You should consult a local tax expert in your area for a real answer (don't take the word of folks on the forums here).
With that said, in Canada, I believe if you're doing business under your own name (not a business name) then you wouldn't need to register the business.
And then for tax purposes, you wouldn't need to start charging taxes until you've done $30,000 in sales.
But again, please do not take my word on this. You should absolutely consult a local tax professional from your area, as the rules and laws are different, depending on where you live and what type of business you're running.
Cheers,
Stephen
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what about dropshipping clothing products to france. should i register or can i have a trial befor messing with legal issues. what is the threashold there?
also what if i have greece as tax residency?
Hey, @Jeedoomcbeedoo! Welcome to Shopify Community!
While we don't require a business registration for you to start a Shopify store, it's always a good idea to consult with local law experts to understand any legal requirements specific to your location. They can provide guidance on whether business registration is necessary in your area. It's important to ensure compliance with local regulations.
If you find that you need to register your business, you can refer to this guide to determine the steps for retrieving a business license. I'll also leave this general setup checklist for you to utilize when you build your store.
Don't hesitate to create a new post if you have questions or concerns about anything else. We're here to help you build a business!
Summer | Social Care @ Shopify
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