@ZaidTahir ,
Risks and Benefits of Pakistani Non-LLC Dropshipping
1. Can one export goods directly from Pakistan through dropshipping if he does not have an LLC?
Yes, starting a dropshipping business even without an LLC is possible. By just using your normal self particulars and operating banking accounts in Pakistan you can be a sole entrepreneurship that leverages on shopify as well as other payment processors found locally or internationally.
2. What are the advantages and disadvantages of starting without LLC?
Positive sides:
— Less initial investment required because there will be no need to pay for registration of LLC and its further servicing.
— It’s easier to establish that allows you start promptly without any legal documents.
— You will have absolute say so in your business as an individual owner.
Negatives include:
— Your own property can be taken away by law if you get into any problem with no exception.
— There might be low trustworthiness: Some clients or suppliers would like to deal only with registered companies.
Complexity of tax: It would be necessary for you to handle taxation matters at personal level which might lack some advantages associated with corporate form of business organization.
3. Drawbacks Associated With The Use Of Online Payment Methods Apart From PayPal And Stripe On The Buyer Side
— They don’t know much about these processors in US, UK, Europe – this may make them suspicious and less trusting.
— Some options have costly charges than PayPal or Stripe posing a threat to net earnings.
It may not flow smoothly: Integration problems may arise when using unpopular gateways on Shopify leading to poor customer experience and non-completion of purchases.
Money units Clients could experience conversion expenses/delays where processor inefficiency handles multi-currency transactions.
