Financing, tax rates, and accounting
When I want to add third party payment method... I go sign up and everything but then it says I need to put in a tax ID?
Does this mean I first need to go through everything thing to get a tax ID in my country... So that I can add a third party payment method
Some payment providers will require a tax ID in order to verify your business and to report your earnings to your local government. It would be best to speak with a local tax consultant to determine if you need a tax ID. If you do need one, then they can provide you with the steps needed to obtain the tax ID.
If you're unable to obtain a tax ID, or if it's deemed that you don't need one, then I would recommend contacting the payment provider you intend to use to determine if you are able to bypass the requirement to provide a tax ID.
Trevor | Community Moderator @ Shopify
- Was my reply helpful? Click Like to let me know!
- Was your question answered? Mark it as an Accepted Solution
- To learn more visit the Shopify Help Center or the Shopify Blog
Make the shift from discounts to donations, and witness your business not only thrive fina...
By Holly Dec 4, 2023On our Shopify Expert Marketplace, you can find many trusted third party developers and fr...
By Arno Nov 27, 2023You've downloaded the Search & Discovery app from the Shopify App store, and as you're ...
By Skye Nov 8, 2023