How can I transfer my store ownership to a corporation?

Shopify Discussion
1

I have a store that I set up and now I have a corporation. I want to change the store from myself, the person, to the corporation. how do I do that?

2

To change the ownership of your Shopify store from an individual to a corporation, you’ll need to update the information on your Shopify account. Here’s what you need to do:

  1. Go to the “Settings” section, then click on “General.”
  2. In the “Store details” section, update the name, address, and phone number information to reflect the information of your corporation.
  3. Go to the “Billing” section and update the billing information to reflect the information of the corporation.
  4. If necessary, update the payment methods associated with your Shopify account to reflect the information of the corporation.

Once you have updated all of the relevant information, your Shopify store will reflect the new ownership information of your corporation.

1 Like
3

Hello @cyndimathews ,

We are OneCommerce - an eCommerce Solution platform.

To change the ownership of your Shopify store from an individual to a corporation, you can follow these steps:

1. Incorporate your business:

You will need to incorporate your business as a corporation. This typically involves filing articles of incorporation with your state government and obtaining an Employer Identification Number (EIN) from the IRS.

2. Update your Shopify account:

Log in to your Shopify account → “Settings” → Click “General” → “Store details” : and update your store’s information (name, address, and contact information).

3. Update your payment information:

Log in to your Shopify account → “Settings” → Click “Payment”: Update your payment information to reflect the new corporate entity. This typically involves adding the corporation’s bank account information.

4. Update your legal agreements:

Review and update any legal agreements, such as your terms of service and privacy policy, to reflect the change in ownership.

5.Notify relevant parties:

Notify any relevant parties, such as your suppliers and customers, of the change in ownership.

Hope this is helpful for you. Please hit the Like Button, or mark it as Accepted Solution if you find our reply work for you, it means a lot to us.

Best regards,

OneCommerce team.