Re: How can I set up Shopify payments without owning a company?

How can I set up Shopify payments without owning a company?

chappy9707
Visitor
2 0 4

Hello, I am having issues with my payments on shopify. I've come to the point where is says "Complete account setup". When i click this it asks me to put in a company, which I do not have. It gives me these options:

 

* Private/Individual Company

* Cooperative (AB)

* Private Limited Company (KB)

* Nonprofit

* Partnership (HB)

 

I am just trying to do dropshipping from shopify without having a company. How  do I fix payments without having a company? Or am I supposed to choose one of these options?

 

(I live in Sweden if you want to know that)

Replies 5 (5)

PurplePartner
Shopify Partner
193 18 34

Hi @chappy9707,

 

It is impossible to accept payments without being a registered company, no matter if it's based in the US or in Sweden. It's nice that you're trying to do dropshipping, and this has been a useful business model for many Shopify merchants, but all of them had to register a company for legal and tax reasons.

 

What you can do, alternatively, is use PayPal for now. However, keep in mind that not offering card payments will lead to a decrease in conversions. Plus, at some point, you must have a company in place to make sure you comply with all rules of your country, and the countries where you're selling into.

 

Please, mark this response as "Solved" if I responded to your issue. And sorry I couldn't do more!

 

Thanks.

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Windan
Visitor
1 0 0

I still didn't understand ,this means I should have company ?

Summer
Shopify Staff
1420 324 254

Hey, @Windan

 

Welcome to Shopify Community. I'd love to clarify your concern regarding the Shopify Payments setup.

 

The options that @chappy9707 listed in the post are business types. When you set up Shopify Payments, you are required to enter a business type for us to understand the nature of your business. There's a possibility that the options shared on the post were translated to English using a translation tool, so it may not be the most accurate translation. There's also a chance that these are specific requirements in Sweden. In most countries, the following business types are the one we require you to choose from:

 

  • Individual/sole proprietor
  • Corporation
  • LLC
  • Partnership
  • Nonprofit

As we can see, they don't include the word company. Not all of these types require you to register as a company. I recommend exploring each type to determine which best aligns with your business structure.

Summer | Social Care @ Shopify 
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Pesir
Excursionist
10 0 20

MrBaker
Visitor
1 0 0

Am in the same situation, did you find a solution or you have made a company?